Stan and Darrin are right. While some makers, especially in folders, will harden the blade before grinding bevels, the profiling and drilling are done first as those are just a pain in hardened steel. Especially with drilling- you'd have to use carbide, with the attendant breakage when learning to use carbide tooling. Your drill press would need to be a good solid one with high speed. You'd go through a lot of abrasives profiling and beveling, and a lot more time. Bandsawing your rough profile would be nearly out of the question- to keep yourself in blades capable of it would probably be cost prohibitive and certainly not cost effective. And, after making a few knives this way, especially blades of any size, you would probably never want to look at a grinder or drill press again.
Just thought I'd add some details to aid in discouraging you from this path. I'd go with Paul Bos or Peters Heat Treating- not bad at all if you send them in batches.