Ok, I'm just gunna weigh in here for a second...
And yes, it has been a *long* time since I was new to this game, but I have rebuilt from scratch a number of times.
And have come up with a fairly sold strategy...
In my opinion, the best tile to be on is Euranium. For a number of reasons.
a) With Euranium, the effects of a lower hold space are less pronounced.
b) Euranium is worth a fair swag more on the black market.
c) you have you own private supply of defence (once you have an academy.)
So, step 1) Get an academy. If you can't get what you need off neighbours, Ramul's exhorbinate rates are more than fair.
2) build a few cannons (maybe 5)
3) Build a reactor. Not many people will attack you when the odds are that they are getting hit by 5 shells of EUR.
4) build as many mines as possible
supplimentry) throughout all that, take any trades possible that enable you to get a pair of refineries.
Now that your defense and production is shored up (which might take up to 2 weeks...), you would want to start working towards a factory and spitting out an ICBM and a few diamond drills.
And don't forget these few points.
1. Unless your opponent is a communist, all they know is that you *have* EUR or ICBM's, they don't know how many.
2. Ramul is your friend. Yes, he charges through the nose, but if you try to buy in bulk, you'll be laughing.
3. If you are planing to hang around, contact a faction that is close by, generally, being affiliated won't get you attacked... but it will get you assistance.
4. If everyone uses my about strategy, it will sink the price of Euranium in the market, and you can achieve the same effects with coal... (Diamonds are worth a mint on the black market).
The only difference would be instead of running a reactor, build a cellar, and sit on a reserve of EUR.
5. Godzilla will F you up, no matter who you are. It's just a case of very bad luck to get him in the early game.
6. This game doesn't have an end game. You make your own fun however you can. So enjoy.
(and as iuewen said, it's extremely satisfying to be responsible for a DDD)