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by qhoc 4369 days ago
This is a tough one because you mentioned "All of the family and friends money is gone". I wouldn't do a startup with money from people I love or know. It will damage the relationship somewhat permanently.

BUT you need to promise them you would pay back. In general:

1. Stick with family

2. Hangout with friends and make more friends

3. Tell yourself: the next woman will make the rest of your life happier than ever

4. The world will come to an end BUT not today

5. Go run, exercise, play sport

6. Get a job, join a club, volunteer...

Good luck

1 comments

See narrowrail's comment about equity vs debt. If you take money from family, you should make the risks clear and allow them to decide: equity or debt?

I sympathize with OP's desire to satisfy unsecured debts to the family, but I'm less inclined to cover an equity investment.