Erik (DaveNYY) and Craig both bring up good points. I should clarify my earlier point.
Erik is right that getting funding from family can be a very bad idea and looking at the slim odds of successful ventures, it usually is. To say that flat out, it`s a bad idea however is really just a safe statement that isn`t always true. Every situation is different and that`s where Craig`s point lands.
You need to look at every method available to you and weigh the cost, both financially and how it could affect the health of your family`s relationships.
One thing is for certain. Don`t even think about pressing family for funding (or any other source for that matter) without a solid executable plan.
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