No other element will have more to do with your success in the first year or so. I have been extremely fortunate to have attracted a wonderful team starting in my living room and still all here today. Achieving balance on the team is important. Who don't give up. Anyone serious about starting a business has to have a dogged determination forged upon great research and the conviction thus based.
Conviction is only possible when the model is tight and the back-up is in hand.
Laziness here will spell doom at the gate. A clear value proposition at every level of product delivery must be clearly defined and backed up by factual data. I think over. Now, VC's will focus on plans that show real promise for earnings and profitability. I get plans sent to me all the time for comment, people asking for some guidance.