I can tell you when I produced my own, I had amazing mentors and I surrounded myself with department heads who were all more knowledgeable than me AND I LISTENED TO THEM. Put your ego aside and do what's best for the project to get the most professional work you can create.
If you can get someone else to produce, someone who's really good at it, that's a great experience too.
Be sure to manage your expectations, which means: decide what you want your outcome to be. If it's to make money, you better have amazing development mentors who can tell you if your script is up to par. You'd better have outstanding talent in every department.
The odds are not on your side as far as being a break out indie, but that doesn't mean you can't be one of the exceptions to the rule if the story is there and the talent is there to back it up.
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