[hansword]

I agree with the sentiment that adults are much better at projecting confidence than actually knowing what the heck they are doing or even making smart decisions.

The advice of just founding a company without a plan? Not so much....

[lbriner]

I don't know who said it but "Failing to plan is planning to fail, however, no war was ever won by planning alone".

In other words, most of business (as well as life) is both strategic and tactical. My strategic plans are needed because things take time and investment and we need a direction to give assurances. However, things change every day and the tactical side is working out how to deal with those.

I certainly think adults are better at projecting confidence but I also think as you grow older, you are more likely to be realistic about how messy things are.