Yeah, this is beginning something. Although in my opinion it remains a beginning, it doesn't really go anywhere. I really like the chords and synth introduced at 0:51. The mixing is really nice and every sound has a clear part in the song. My biggest complaint is it that there's missing a real melody to bind the song together. It sounds like 3 separate parts, the intro/outro, the chord-progression and then the part starting 1:42. Nothing really binding those three parts together imo.
So, like your title suggested, it feels like the beginning of a song. It has a lot of potential. Now go and finish it ;)