Ray, I work with antler, horn and born several times a week as a knifemaker, and I probably have more machinery for that task than you do but it is still workable without all that.You will probably at least want to have a Dremel,as you can cut, drill, and polish with one.The Super Glue trick is a good one and works well.You'll want to sand your pieces down to at least 400 grit before polishing and I use a soft flannel wheel with white rouge to bring out the luster.
As far as shaping the beads,alot depends on the hole size.For drilling I would cut two pieces of 10 oz leather and use them as soft jaws for your vise then drill with a drill press or hand drill.If you can find a small enough screw and nut to fit the bead ,you can then chuck the screw in your drill press and hand file/sand the bead to shape, a sort of poorman's lathe.
It only smells bad to the newbies, you use it as I have for more than 20 years, its like perfume cause it means I am making money,lol.It does keep the wife out of my shop though.
Dave