Who knows how many start-ups have, well, started up. Many just begin out of the blue, based on a whim—without any contingency plans and policies in place. These are the primary reasons why most of them fail. Or rather, just disappear. 

But, when we look at other big-wig organizations, those that have left a permanent mark on the world, what comes to mind? We marvel at how they did it and are doing it. 

I am not an expert, but I can guess what a start-up needs. Having been a part of a few myself, I can bet these are the five must-haves for newbies.

If newbies won't have the basics—the assets—then they might as well go home and watch TV. For an organization to be successful, there has to be cash. This can be invested in the organization's promotion, and in so many other ways. 

The members need to have cars so that they can easily move around town for different events, without relying on anybody else for rides. You never know when you'd be refused.

There has to be a well-seen-to workplace. You can't just keep working inside of a basement of your garage. If your goals are long-term, you need to invest in some land and work on it. You also need equipment of your own: computers and other tech that is solely yours.

You need experienced individuals to help you run your business. Your preference should be fresh graduates who've had at least a year's experience. Mostly, you'll find organizations forming from the folds of last semester batches; friends who know each other inside out. This is ideal, too. But, all your people should have the expertise in the area they've chosen to lead that is needed. Your people should be creative, and fit-for-the-job kind.

Make sure you can depend upon them to do their work right and not create a set of problems for you to deal with later.