WiSpots

 I feel it is important that when you are starting up your own company you should never put your family, friends and even your house at risk with money.  You should try and have a group of advisors that can review your idea before you put all of your money into it because if you put all of your money into it and then ask and it turns out its not that great of an idea then you basically lost all of that money you put into it.  If it is a great idea then you can talk to that group of advisors and see if they would like to invest into it because if its a great idea chances are they will.

If you have put allot of money into a company and have had many groups of investor tell you that it isnt a good idea you should stop working on it and quit on the idea instead of digging your self into a bigger hole than your already in.