Experience Not Required for 'Smartcut' Takers Like Elon Musk

It is easier to build a massive business like Tesla, Facebook or Twitter than a small one because a bigger story helps attract more capital, said Shane Snow, author of "Smartcuts". Snow added that a venture with a larger scale also attracts loyal employees because they see a cause rather than dollar signs. He said corporate America places too much emphasis on the number of years spent at a company as opposed to critical thinking. Moreover, he stated that older executives do not necessarily perform better in a crisis. Finally, Snow said Elon Musk remains an innovative thinker despite his increasing tenure at Tesla.