I dedicated myself to a specific niche for 9 months without getting distracted by the next shiny object and it worked out okay.My second suggestion is to team up with a local investor.

Got distracted with World Series stuff.

Even if it is your house just go where you will have least distractions so you can properly be organized.  

One more thing you need to do before starting is to locate your office somewhere with the least distractions. 

Office location that suits your needs is one my my large priorities with fewer distractions is very important.  

Have the least of distractions and formality.

Another thing you should consider before you start investing is to locate your office with the fewest distractions, it might even be at your place.  

Another thing you might want to do is to select an office location with minimum distractions so you can get more stuff done while you are there.  

You don't want him to get distracted, take a year to finish while you're paying taxes and such...  

If you have access to private money, my suggestion would be to partner with someone who already has some experience, and who can do more of the legwork while you're at work.As far as a license, I think under your constraints, that's pretty much going to be a distraction for you.