Biggs - you seem to have that drive and ambition to succeed. Good for you.
Im sure you will receive many tips and ideas to go forward, but if I may suggest one or two. Do a bit of market research into the area/product etc. Do something that is in demand with the public and then do it in the correct area. Be prepared to throw everything into it and work hard. Do something that you will enjoy doing - there is nothing worse than working at something and don't really enjoy it. And remember that having you own business is hard work - there are a lot of "hidden" things which you might not realise. But if you do it right you can have fun doing it