Welcome to the Forum.
There is a lot to be learned by reading the various threads.
It woiuld help if you gave your location.
It may be possible that someone close by could help by providing face to face advice and demonstration.
My first advice would be to buy a book or two to start learning the basics, before cutrting metal.
You will need a set of Zeus Charts. Still using my grubby, dog eared ones from 1958!
The "standard" used to be L H Sparey "The Amateur's Lathe"
Other usedul booksn could be
Stan Bray "Basic Lathework"
Harold Hall "Lathework"
David Clark, Dave Fenner and Neil Wyatt have all written bookls on the mini lathe. (All are former editors of Model Engineers'Workshop. )
Neil Wyatt is the current editor and has also written a book on his experiences with the Sieg SC4 lathe.
Both Stan Bray and Harold Hall have written books on Milling.
You might find Ian Bradley "The Amateur's Worksho" a useful guide to workshop practices in general.
You are dealing with machine tools, so do be careful. The machines will cut metal, so skin and bone will be easy!
Even a mini lathe could injure you, so do be aware of safety.
Remember that a small pisto;l drill will snatch out of your hands if the drill grabs
OIne of the first skills to learn is how to provide a steady consistent feed as yoiu rotate the handwheels on your machine. Too fast and you will procuduce a spiral. A good finish requires a slow consistent feed.. But the inital roughinbg cuts can be fed faster.
My advice would be, initially, to concentreate on the lathe, and to gain experience and confidence . As a beginner, I would advocate usinbg High Speed Steel tools, and learning how to grind them, rather than carbide tips. carbide tips have their uses but are easier to chip!.
Do not rush into projects, but make small simple things to learn the trade. It took several years to train a skilled turnewr, so it will take you time to get the hang of lathe operation
Having learned how to grind tools, it is important that they are mounted so the cutting edge on centre height. If they are not, they will not cut properly, or maybe not at all.
A tool at centre height, will leve no pip when used to face the end of a bar..
A 3 jaw chuck will not hold work ABSOLUTELY concentric. It is likely to run slighgtly eccentric. (When you see the construcyion of the 3 jaw chuck, you will realise that with all the clearnaces between the jaws, scroll and body there is bound to be some eccentricty (Which might vary according to diameter being held )
When you graduate to using a 4 jaw independent chuck you will need extra measuting equipment.
Tou will need measuring equipment anyway. A digital calliper , is a good starting point (You could use a Dial Calliper, or a Vernier calliper, but they need a little more skill to use, where a digital reads directly, and can be changed from Imperial to metric, at bthe touch of a button )
Do not have delusions of precision. If you can, eventually work to 0.012 mm you will not be doing badly.
That is a fifth of the thickness of a human hair, or less than a third of the thickness of a sheet of 80 grm paper.
As examples, a shaft running in a plain bearing has a clearance of about 0.025 mm!
A press fit on a 25mm diameter shaft will be about 0.012mm interference.
You can gain experience, and confidence, by making simple tools that you can use for years more.
My hobby horse is a Centre Height Gauge. This will aid setting tools for many years into the future.
Then you can try maling a Tap Wrench (There are books available on making simple workshop tools and workshop devices ),
Makinbg a sliding Die Holder, and slidinbg Tap Holder, to mount in the tailstock will be useful, and can avoid sripping fine threads bwhen they are being cut.
When cutting threads upto a shoulder, or into a blind hole, you mighgt find a Mandrel Handle a good accessory to have made.
When are more familiar with your lathe, and its operation, you can study books on Milling and begin to learn how to make simple things before launching into serius projects.
Hope that all this rambling helps
Howard