Everybody starts somewhere.
Personally, I started at a very early age and have many decades of formal training, education, and experience, but that doesn't make me a great EDM producer. Most of the guys who are serious about making EDM (including pros and serious hobbyists) have a fraction of my experience, but are putting out stuff that makes me think "damn, I wish I had those skills!" Don't discount the importance of intangibles, like desire, passion, dedication, etc., when it comes to making music. Music theory is great and IMO you should spend some time educating yourself, but it can be a steep learning curve for some people, so don't let it discourage you from making music. The world is full of great talent with little or no formal training.