Quilting Newbie, many of us here are self-taught and if we can be successful you can too! Any good basic quilting book would be a valuable investment for you right now if you don't already have one. You'll learn how to prepare your fabric for cutting, how to rotary cut, how to find the perfect scant 1/4" seam and how to square your blocks. Accurate cutting and seaming will insure the success of your project. Maybe try a mini-quilt of a simple 4 patch first just to familiarize yourself with the entire quilting process from start to finish before tackling your first "real" project.
Also, there are tons of free videos on the net demonstrating just about everything you want to see in the quilting process. You CAN do this :D
Cindy