When I teach arts administration in college classrooms, my students will tell you that in almost every class I say "don't start a theater company."
Now, in class, I usually add non-profit to the sentence. Running a non-profit requires paperwork and boards and layers of administration that are worth it if the company is strong, but will hold you back when you're just starting out.
Theater company can be changed to any organized performing arts collective. I don't mean don't collaborate. Far from it. What I do mean is that by staying nimble you may be in a better position to adjust when needed, mix it up, and find your path with knowledge based experience.
This #5ArtsThoughts video has more thoughts on the topic. Let me know what you think.
You may feel confident with your craft, or you know how to learn more. But what about the business of show? I've created the Your Ladders 5-Step System to help artists navigate the business of show, Sign up here and get the FREE workbook that will get you started on Step 1, "Setting the Groundwork", The workbook will be sent to you via email.