How would I start a Webinar and charge admission?

Can you answer Keith Brown’s question about Conferencing?:

I want to start a weekly class: Webinar that covers a step by step process of internet marketing and affiliate sales. The Idea is simple. Customers/Prospective students come to my site and click on a link to join my class, they are asked for an admission fee and are prompted to download the relative content for that week, and then, on the scheduled time, they enter the class/webinar. Any suggestions? Is there Free software out there? How can I make this idea cost effective? Thanks!

Web Meeting Conferencing