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An interesting question. Especially for someone who does web work and video work like myself. I’d typically ask you a question something like, “would you hire a web designer to shoot your video for you?” So here’s the catch 22. When I was in high school I took a ceramics class. I was quite proud of the first pot I threw on a potter’s wheel. My teacher suggested I smash it and do another instead of keeping the first because I’d never look at my work critically if I didn’t start with the first. People who create things tend to have a parents eyes. So yes, while it possible for you to create and do your own web site, would you want a web designer’s video representing your video capabilities? While a web design focused person could shoot a video for you, the question is would the quality of that video be such that you would want it representing your business?
I’m going to disagree with EarlC on using a hosted service. It’s convention for convenience. You’ll gain some convenience but you’ll lose some flexibility. I’m going to recommend you either register your domain with GoDaddy, then go set up a Dreamhost account or take advantage of the one free domain with a Dreamhost account. Dreamhost offers unlimited everything (storage and bandwidth) as well as Quicktime streaming for an amazing rate. If you search for Dreamhost coupon code you can likely find some amazing deals even though they are not promoted currently on DH’s site. I think the last person I pointed this way got two years hosting for $12, and after that two years it was $120/year.
Then, what I’d suggest is visit your local college or community college and find the head of their media, multimedia, or whatever they call it and see if you can find a top talented student who needs a design project. Look at their work. If it looks good, see what you can work out to get him or her working on a design for your web site. If all goes well, see if you can work a deal to have them help you get it active and help you learn how to provide basic updates.
I’d also recommend looking at open source software solutions for web publishing with that student too. It might be a great project for a student and a huge win for you. For instance a WordPress (installed, not WordPress.com hosted) or Drupal site would provide you some content management features which might make it easy for you to update your site. There’s ton’s of templates out there and you can either customize one that exists or have someone help you build your own look.
I agree with EarlC as far as combining. You have to consider the audience of your desired clientele. Feel free to holler with questions. I have a decent amount of experience in this world.