The difference between a startup and a highly successful business is usually some additional years, a pinch of luck, tons of hard work, timing and vision. It is a fact that a large number of the successful businesses you can find today were once startups. Yes, names like Walmart and Starbucks were also just startups at one time and had to struggle quite a lot in order to reach the place they are at today. If you are an entrepreneur and want to launch your own startup, you are probably aware that 90% of such ventures end up as failures. Obviously, you don’t want to go the same way and you have to learn from the mistakes of others if you want to survive and be successful.