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Hosting our own MC server

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So lately I have been studying ways to save money on our MC server instead of paying outrageous amounts of money to keep our server up why don't we host our own MC server? Links below on how to do it
I feel this will help save money and we won't have to worry about paying outrageous amounts of money to keep the MC server going. If we get this setup we won't have to worry about going bankrupt not only that we can actually make it profit since instead of using donation money to pay monthly for our MC server we can use the money to improve the MC server which can over time bring in more players and keep them playing. 

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