I am a new entry in the ocean of networking world. I know many skills of writing articles, blogging, SEO,SEM,SMM and graphical Designing and web designing. Yet don't have much idea to set up my own business, without investing much amount. What steps or from which Slot should I take an Initiative to establish my business, as everything is scattered in my mind regarding business??

You need to partner with some one that does know the business side of your venture. Yeah that might take some money, or a legal definition to contract for the skills you lack.