depends on the tight group of people you can find. thats the problem 90% of the time for me, if the music sounds great people will talk locally, and the music/band practices will be very productive.
half the time you get guys who think they can play but cant, or have different tastes or ideas for the band, have people who are egostatistical, and people who dont care.
with my generation its finding people with commitment - not babysitting the drummer or teaching the bassist yourself.
management is optional, but needed later on for the financial/gas/insurance/traveling/studio/legal/endorsment part of it, then theres the booking agent(s)
its a full time job to do it right, i backed out when i didnt have enough income from my work to afford a decent recording for the band, we couldnt find a decent lead singer and i cant play and sing all the time - i have a deep voice.
it comes down to who you know.
i will work double jobs for a while, get my finances back up, and try again most likely. it definately takes persistance from the beginning thats for sure.