I would agree with some aspects, but along with the vision of your business, I think one should construct a business plan when starting a business. This could be done by including your aim and objectives of the business, the money you have to invest in it. It is important to remember that some amount should be saved up for any purpose related to the business. You should also consider how much profit you expect to make initially during the first few months of the business start-up period. This plan should include both the negative and positive financial outcomes.
I hope this makes sense because I have tried to conduct a process that would help my business become successful. It worked for the years that it was open, but then I decided to close it when I was moving out of the country.