In 93 percent of the cases examined, the strategy that a company emerges with (at exit) is completely different from the strategy it set out to implement. More interesting tidbits on startups here: Ross Mayfield's Weblog: Successful Startups Iterate

In other news: small biz is big and getting bigger... the FedEx Survey on Entrepreneurship shows:

  • 56% of Americans dream of starting their own business (E.M. Couple this with 40% of college students who responded in another study that owning their own business is a major goal for attending school and we see an entrepreneurial revolution at hand).

  • 10% of Americans already own their own business (E.M. Think of all the special interest groups influencing our public policy with much smaller numbers than this).