STARTUP is like a baby. As is the case with life needing the parents to be hale and healthy to avoid congenital disorders, the Founders must have proved to be masters in their respective domains and have a noble purpose. The almost stagnant average human life expectancy of 30-40Y increased consistently to around 70Y after the scientific understanding of the cause and effect. The same could happen with the start-ups too! Thinking and discussing the following topics in the founding team will naturally make the start-up more robust.
Regularly thinking of Passion, Uniqueness, Services, Network, Finance, Project Management and Eco System to create value innovation to the customers naturally increases the success rate of a start-up.
Finally, recognising that each one of us can only influence the future and not the past, is a strong motivator to start with the basics by building a strong foundation with a noble purpose combined with passion.