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Selling downloadable 16 and 24 bit files directly from your site seems to be the only thing that will set you apart from the millions of other people selling music on the internet. Is there a market and demand for your music already in any format?
Your mastering experience and proposed equipment to record, master and monitor with does not look impressive. In marketing to people who prefer higher res formats to mp3 it seems the quality of the recordings would be the selling factor, therefore the music, recording and mastering would have be top notch to have a chance. Mastering is not something that is learned very quickly. Usually the best mastering engineers have many years of experience behind them.
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