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The best thing to do, which I am currently doing, is partnering up with an existing program.
Although rare, there is still such a thing as "sweat equity." If you have more time than money, you need to find someone with more money than time. Finding that person isn't easy, but if you treat it as high priority and keep the thought of what you want to do in the back of your mind, it will come about.
Another advantage of doing it this way is your partner will likely have a lot more traffic than you, plus an existing affiliate network.
From the time I decided that I wanted to do it, to actually being able to do it, took a year. I talked to anyone that would listen.
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