My son just turned 2 in March. I highly recommend the Book by The Baby Whisperer. She has so many wonderful tips for knowing & understanding your baby.
The first year, I did all cake work during nap time. Now, he takes one 1 1/2 hour nap. I do delicate work either then or when my husband is home. He can entertain himself for a good bit while I crilb coat cakes and such.
It's possible. You just have to juggle a bit.