Ability to articulate your vision with proven ability to execute: great ideas are good, a venture may not last without the initial good dream catchers staying on.

People management skills: without good people relationship skills, one will drag hard to move through the initial labour pains.

Basic financial engineering and planning skills: if one only see the revenue potential without considering cashflow, buying patterns in the target industry/market, patent filing (if applicable), etc. He/She is setting up the stage for others to succeed.