The Authority Fallacy: Why blindly following authority might be your biggest blind spot
Over the past few weeks, I've been thinking about cognitive biases, particularly how we handle authority, especially authority that we deem richer, more experienced, and more connected than us. It's fascinating, really—this almost reflexive deference to perceived expertise is wildly shaping the world and, in my sphere of influence, both investment decisions and startup trajectories.
The Valley Gospel Problem
Look, we've all been there. I see it daily in our startup ecosystem - this near-religious adherence to Silicon Valley frameworks, I’m not saying they don’t work because they do for ‘their’ market. Founders walk into pitch meetings armed with Stanford case studies and YC playbooks, treating them as gospel rather than guidelines. But here's the thing - when did we collectively decide that what works in San Francisco automatically translates to Nairobi?
I've reviewed thousands of pitch decks across Africa. The pattern is clear: "We're the Uber for X," "Our TAM is $50B based on US market research," "According to ‘prominent’ VC..." Wait. Back up a bit. Are you/we actually pressure-testing these assumptions against our market realities and context?
The Echo Chamber Effect
This authority bias isn't just a startup problem - it's systemic. It's in how investment theses spread through our ecosystem without proper contextualization. It's in how quickly we amplify "thought leadership" on Tech Twitter without questioning underlying assumptions. One prominent figure makes a market prediction or perspective, and suddenly it's referenced in every pitch deck that crosses my desk or on every panel. It's in how a popular personality makes derogatory comments and people normalise it.
Breaking the Pattern
After deploying capital across multiple African markets, as well as working with people across the world to execute projects, I've learned to approach authority differently. Here's what works:
The Authority Paradox
Here's what's interesting: the most valuable voices in our ecosystem aren't those making definitive pronouncements. They're the ones asking better questions, challenging assumptions, and inviting discourse.
On the flip side, being challenged is not always fun though, because sometimes it makes you question your experience or belief. I know this because I married someone who loves to challenge assumptions. However, I’ve been better off for it.
Maybe that's the real play here. Not rejecting authority outright, but developing a more nuanced relationship with it. In life, the real edge isn't in having all the answers. It's in knowing which questions to ask next.
?? Venture Builder | ?? Business Development Management | ?? Start-Up & MSME Specialist | ?? Relationship Management | ?? Finance & Banking l ??Strategy & Market Entry Expert | ?? 10+ Years of Impact | ?? Ex NCBA
2 周Context is everything. Speaking from experience, I once thought I could replicate a business model based on the success I had in one region but it turned out i was dead wrong. The geography was different, the customer base was different, their behavior was also different and a couple of other factors that i assumed were the same in the other region. Bottom line is... Even one single tiny aspect has the possibility of throwing a business over the cliff when overlooked. That blind spot can be so lethal, like boxing...the blow that you don't see coming is the one that knocks you out. Thanks Uwem U. .