My starting plan for 2009,need your advice.

Hello,

First of all I would like to wish you all a Happy New Year and the best for 2009!

After being around here and on the internet I came to the following plan to start with.

1.Get a HostGator Baby Croc account.
2.Get a domain and create a blog on it and tell the visitors what I am doing to start up a business and update this blog frequently(also mention the mistakes)
3.Search for a niche and get a nice domain for this niche,don't know how yet!
4.Search on clickbank for stuff to promote on this niche site.
5.Ask a writer to write some articles about this niche and product and post 1 article a day on the blog and also the same article to article submission sites.
6.Submit the site to directories,have to find out where I can do that and how!
7.On my main blog i will tell the visitors how i create the sites and what I do.
8.Repeat this for several blogs in different niches and link the blogs to eachother.

This is my plan in a nutshell,or am i missing some things.

Can this plan work to make some money,or do i need to change some points?

Please give me your thoughts and/or advice.

Thanks in advance.

Kind regards,
Richard