Hey guys, thanks for all the great replies!
My biggest mistake was indeed to start this venture without any money or a back-up plan.
To be entirely honest, 2 years ago i had basically no experience in game development. A year ago i completed a one year course, which included the basics of pretty much everything from animation, 3d modelling, cryengine, game design...etc.
While with my broad knowledge i feel i can bring a project from design to release, its just not going to cut it for a real industry job. Perhaps that makes me a less then ideal project leader....but i do regret not having worked a year on only 3d modelling to really get good at that. Its not that i lack in talent, i was best of my class by far. This last year just has been alot of everything, mostly project management, learning UDK and doing level design. I do feel i have grown in skill, but im still a jack of all trades....and a master of none...
My (younger) brother who started a year earlier then me (but he focused only on 3d modelling), now got a job with the guys behind the first 3d game elite. But his portfolio is insane compared to mine. Its pretty odd, when i was 14 years old i already had the dream of getting into game development, i actually started a project back then, but it never got completed because of to ambitious and lacking in knowledge, but i would always be the one pushing my brother to help me out with it, but back then he had no interest in game development. Now my 3 years younger brother is working with the studio behind elite, while im still sitting at home, its darn ironic!
Anyway, mobile game almost ready to release now, and if we dont get government funding i will just release galactic gladiators (the pc game) with less features, hopefully still this year. If all that doesnt lead to anything, ill probably spent some time doing freelance working and improving my portfolio.
I also considered doing some entry level job like QA tester, but i think my odds at getting a job like that are even less then getting a job as game artist..since it is contested by so many people.