This Content Is Only For Subscribers
It is the same in business and the professions. Because of extensive experience which cannot be gained quickly or easily, the expert can rapidly assess a complex situation and immediately suggest a solution that was simply not obvious ot per so with less experience.
The CEOs of Fortune 500 companies earn more than $10 million per year on average. This is almost solely because of their ability to react and respond quickly to complex situations, examples of which they have seen and worked with in the past and then make quick and accurate decisions that lead to financial results, sometimes involving millions or billions of dollars.