The leadership lesson from your doorbell: Whyn't every knock deserve an answer
Amir Tabch
CEO, SEO, Board Member, & NED | Regulated Financial Services, WealthTech, Digital Banking, Blockchain, & Web3 FinTech Solutions | Directing Digital Asset Management, DeFi, Tokenization, Virtual Asset Brokerage & Custody.
Picture this: It’s a quiet evening. You’re relaxing with your favorite book or perhaps binge-watching the latest series on Netflix. Suddenly, the doorbell rings. Instinctively, you rise to answer but then pause. It’s late; you’re not expecting anyone, and the only thing standing between you and a potential home invasion is that thin wooden door.
Just as in life, leadership is full of unexpected doorbells. These metaphorical knocks can be new opportunities, unsolicited advice, or even surprise visits from the board of directors. The key lesson? Only some doorbells deserve to be answered. Let’s dive into why sometimes it’s best to keep the door firmly shut.
1. The stranger danger principle
Remember those childhood lessons about not talking to strangers? They apply to leadership, too. According to research by the FBI, 34% of home invasions occur due to the victim opening the door to a stranger. In the corporate world, “strangers” come in many forms—new ventures, unsolicited advice, or that one guy at the networking event who insists you need his groundbreaking CRM system.
Opening the door to every opportunity can dilute your focus and scatter your team’s efforts. A study from Harvard Business Review found that companies that spread their resources too thin often struggle with execution and fail to achieve their strategic goals. So, sometimes, it’s okay to nod and keep the door shut politely.
The power of saying "No" - Steve Jobs' lesson
Steve Jobs once said, "It's only by saying 'no' that you can concentrate on the things that are really important." Jobs understood that focus is not just about saying yes to the right opportunities but also about saying no to the many good ones that could distract you from your goals. A study by Stanford University found that successful leaders are often distinguished by their ability to say no, ensuring their time and energy are devoted to their core objectives. In leadership, saying no is as critical as knowing when to say yes. It’s about prioritizing what truly matters and having the discipline to stay on course.
2. The unsolicited advice epidemic
Every leader has faced the plague of unsolicited advice. It comes from all directions—your uncle who knows nothing about blockchain but insists it’s the future or the intern who’s been here for two weeks and has “some thoughts.”
A study by the University of Toronto found that receiving unsolicited advice often increases stress and decreases confidence. As a leader, your time and mental bandwidth are precious commodities. Politely thanking the well-meaning but ultimately uninformed advice-givers and sticking to your strategic plan is often the best course of action.
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3. The risk of letting in the wrong people
Imagine opening the door to someone who looks friendly, only to realize they’re a door-to-door salesman who won’t leave until you buy their dubious product. Similarly, in leadership, not everyone who knocks has your best interests at heart.
Research from the Journal of Business Ethics highlights the risks of letting in individuals with conflicting interests, noting that such situations often lead to ethical dilemmas and decision-making paralysis. As a leader, it’s crucial to vet the people you allow into your inner circle, ensuring they align with your values and goals.
4. Protecting your home (and your vision)
Your home is your sanctuary, and your vision as a leader is your guiding star. Just as you wouldn’t let a stranger wander your home, you shouldn’t let unvetted ideas and influences wander through your strategic plan.
A report from McKinsey & Company underscores the importance of protecting your core vision. It states that leaders who maintain a clear, unwavering focus on their mission are more likely to achieve long-term success. So, guard your vision as fiercely as you guard your front door.
A humorous note on being a gatekeeper
Think of yourself as the grumpy old man from the Pixar movie “Up.” You’re not grumpy because you dislike people; you’re cranky because you’ve got a house full of balloons to protect, and not everyone needs to come in and tug at the strings.
When you hear that metaphorical doorbell, channel your inner Carl Fredricksen. Peek through the peephole of skepticism, and if it doesn’t look right, keep the door shut. After all, nobody needs a stray talking dog or an over-enthusiastic scout wreaking havoc on their carefully crafted plans.
In leadership, as in life, only some doorbells should be answered. By discerning the opportunities you embrace and the advice you take, you can protect your vision and maintain your focus. So, next time you hear that ring, remember it’s okay to let some knocks go unanswered.
And if anyone questions your strategy, tell them you’re following the wisdom of the FBI, Harvard Business Review, Stanford University, and Pixar. Who can argue with that?
Great read Amir. In the end, no one listens to people who don’t listen to themselves. You gotta take your own advice before other people will
Co-Founder & CEO | Driving Innovation in Asset Tokenization
3 个月Insightful Amir! Leadership truly involves knowing when to answer the call and when to let it ring. Protecting our focus and vision is key.