> Different situations require different approaches. I very much agree. When it comes to developing a meaningful strategy, this depends largely on the details

> Different situations require different approaches. I very much agree. When it comes to developing a meaningful strategy, this depends largely on the details of what is at issue. Imagine some really demanding business idea that could perhaps be put into reality towards the end of this century, like astroid mining or a hotel on the moon. Does it already make sense to found a company, collect money and work on a strategy? If there are too many moving targets or the goal is just too large or too distant or demands too many ressources, there may not exist a feasible strategy, no matter how hard we think about one. At the other end of the spectrum think of some boring, but established business idea, like opening a restaurant or starting an organic farm. In this case, there exist thousands of role models to learn from. Success is not guaranteed, but one does not need to re-invent the wheel to outline a strategy and get started.