I am by no means an expert, but there's been a lot of great advice so far. Quality equipment is key, even if that means putting off a purchase to let the savings catch up to your desires. That goes for power equipment as well as clamps, jigs, blades, bits, etc. You'll be shocked how much easier it is to use quality equipment, and you'll find it worth the wait. Yes, things can be expensive, but if you're reading this, you're already involved in what can be an expensive hobby, and delayed gratification. In my case, it's a jointer - have you priced a decent one lately?
Other thoughts also mirror what's already been mentioned. Quality stock to begin with will yield a much finer end product. I've also found them easier to work with, assuming you've gathered quality tools. And remember, whether you're painting or staining, a well prepared surface is a must. "Don't skip the grit" mentioned above is very good advise. We all get anxious to "get this thing done" and this final prep step is critical, so don't rush it here.
The other thing I will mention is a well designed, structured and organized work space and surface. I do not have a dedicated workshop at this point. But I do have a very solid, and pretty flat work surface that I use. Again, what ever makes things easier on you, the better end results you will enjoy.
Lastly, don't forget about safety. Put those uncomfortable, dog-gone safety goggles on so you can end up seeing your final product!!!!
