I don't have the resources or the technical know how to create a Steemit clone, so my answer would also be no.
My oldest son has been preparing to become a web designer and developer, but from what I can tell, he'd need to work on the specific language of the STEEM blockchain, and I sure he hasn't done that.
At any rate, for all of the reasons you cited above, I would shy away from it. Been there done that with businesses, juggling staff, trying to meet deadlines and keep everything afloat. I enjoyed the financial benefits and freedom of being my own boss, but little else. I did not have a budget of $5-7 million, but it was still a sizable business to deal with.
The least fun of which, was laying people off and shuttering the business doors. It's amazing anyone tries to do business anymore, given regulatory climates on both the state and federal levels.