I've come to learn that my initial investment is more about the person versus the product that I am buying into. I've also learned that I really do enjoy giving worthy people an opportunity of a lifetime.
In entrepreneurship, you decide to give up your day job at the point where either (A) the hobby/new business is at least making some form of ends meet, or (B) you feel that you need to dedicate yourself for a certain amount of time to it and give yourself the last hoorah.
Good grooming is integral, and impeccable style is a must. If you don't look the part, no one will want to give you time or money.
Life is a cruel teacher. She loves to give you the test first and the lesson later.