Most Startup's Fails NOT JUST BECAUSE OF THE MONEY but they forget to understand the BASICS and that includes:
1. Market Research & Statistics.
2. Basic mathematics Calculations.
3. Understand who the target customer/audience is.
4. Focusing on revenue more than the product & the target audience
5. Presuming everything rather than working on statistics
6. Observe & Learn. Sooner the better
7. Accept your mistakes & people will love you, no matter what
8. Be crazy when you have to be :)
9. Remember, anybody can learn the work but ethics & professionalism is something that defines your character & your presence.
10. Do Not Compromise with your ethics & work even if you have to give up your Job because you'll get the new one very soon :)
11. The more you worry about your job [security], your chances of LOSING that job will increase.
P.S. Everybody Respects & Remember the Crazy ones who are dedicated to their work & have ethics [Personal & Professional] & everything looks dull if these Crazy ones are Not around