This document discusses the problems faced by startups in India. It identifies key challenges as competition, lack of funding, time restraints, poor planning, and lack of historical data. The document provides details on each challenge, such as how competition poses barriers to entry and survival. It also notes that startups require substantial funding from the beginning to cover expenses but finding investors can be difficult. Finally, the document suggests that startups partner with recognized brands for backing, approach banks for franchise rather than new business funding, focus on doing something better and cheaper than competitors, and prepare adequately for challenges through proper planning.