Whatever you do don’t be afraid to fail. Use it as a catalyst to drive you forward.
It may end up being a great means to an end. Its not glamorous but it pays the bills.
Knowing how to protect yourself legally is always a good idea, especially if you are planning on exchanging money for services. This is by no means a replacement for legal council. Hire your lawyer friend.
Having the proper expectations about a creative endeavor goes a long way towards making a successful project. Take some time to understand what is really going to happen compared to what you might think.