Most of the tips so far have been about gear and things like that. Obviously all of this stuff helps no end but you can make anything from anything in theory. The most important thing to do is ENJOY IT! It sounds very cheesy and fanciful, but without a shadow of a doubt you'll make something better if you are in the right frame of mind. Sometimes I sit down at my computer because I haven't got anything better to do and just end up pondering over average ideas for hours, however at times when you are desperate to get down and make something it will just flow. Some days it'll take several hours just to get the right chord progression, at others it will take a few hours to build the basics of an entire track! The thing is not to get perturbed when it's not going so great, go away and take a break, come back fresh, try a different idea or a different sub-genre, mix things up.
Genuinely my biggest tip would be producing is all a mindset. Get a DAW, sit down and play. And play. And play. Press every button, turn every knob, try every preset of every plugin. You will be surprised how quickly you pick things up.
BUT THE MOST IMPORTANT TIP FOR ALL PRODUCERS EVER.
SAVE SAVE SAVE SAVE SAVE.
Control + S is a producers best friend. Save your work constantly, there is nothing worse than making something amazing, your DAW crashing and then having no idea how you made it (a lot of the best things made are done completely by accident)
Hope some of this helps, I realise these aren't real tips but I hope it motivates you to go and have some fun and make some music!
Harwood