sudo apt-get install python-pip 
    sudo pip install --upgrade pip

or if you prefer the python tools 
    sudo easy_install pip

install virtualenv if not already available
    sudo pip install virtualenv

create the virtual environment
    virtualenv env

enable the environment 
    source env/bin/activate

install the dependencies to the environment
    pip install -r etc/requirements.txt

setup database tables
    python manage.py syncdb    

run the server
    python manage.py runserver