Even though I understand that there will always be better equipment to get, and I also understand that I will be spending a lot on sub-standard stuff like you said, but isn't that the way to go when starting a business? To start small and upgrade as you go?

Even if I do what others said... work for someone 6 - 12 months while on the side save up and build your business... I don't think that in 6 - 12 months I will be able to save up to top notch equipment, and I'll end up starting with the same sub-standard stuff. (Just my thought)

The lights I was recommended to are as follows:

Lilliput of Ianiro with cap of 150W-650W (about $185)
doors for the above light (about $63)
stand for above light - 3 stages - from Manfrotto (about $80)
Minilite of Ianiro 1000W with doors and light (about $340)
stand for above light from Manfrotto (about $87)
Light P1/13 650W (for lilliput from OSRAM)

All this is under $1000 and I don't think I'll need more for a starter (unless I'm wrong) because I have seen professionals that don't use a lot more then this. (maybe Guru would say that they aren't professionals then)

But all I'm saying is that I understand that no matter how and when I start, I don't think I'll ever go and start a business with $50,000 before I had worked some time with sub-standard equipment. Do you not agree?