Don't expect to finish a track in a day. But don't expect it to be a total wrestling match with all the demons from hell either. Here's what I do to get my sounds together, build a track that has meaning, and make a mix that feels right.
Learn about using Session View to produce fluid tracks that never feel predictable, stiff or boring. You get the best of both worlds -- spontaneous improvising PLUS detailed automation control in the final mixdown.
Before you can EQ a sound, you have to know where to find it in the frequency spectrum. Learn what frequencies you need for EQ'ing your sub-bass, low-mids, midrange and highs, with exact numbers in Hertz.