Being a CEO is usually related to success, optimism and authority, and lots of imagine a pacesetter who’s all the time on top of things, highly respected and financially successful. However, my experience as a former entrepreneur and strategic advisor who works closely with many CEOs every day paints a rather different picture. In fact, the role of CEO might be incredibly isolating.
Unlike employees who share a comfy coffee break with peers, the CEO position is exclusive. Despite any real attempts to attach, the inherent power dynamic – where the CEO could make significant changes, including firing – means he isn’t seen as an equal. This distance just isn’t just limited to the broader worker base, but often extends to top management as well. Even at the manager level, where conversations are inclined to cover more critical elements of an organization’s operations, there’s a barrier to discussing highly sensitive issues. Topics similar to the timing of an organization sale, changes in management structure, and management presentation strategies proceed to pose challenges on the subject of communicating openly.
If we consider management – including VC members and other stakeholders – the dynamics change further. Given the potential for the CEO’s term to finish, interviews are typically approached cautiously, specializing in presenting strategy somewhat than searching for real advice or engaging in open discussions. For example, a legitimate discussion a couple of capital raise or an exit may cause anxiety amongst some board members, so the subject will either be omitted or come to light after the strategy has been chosen somewhat than in the beginning.
Below are three actionable strategies that might help alleviate feelings of loneliness and supply a more connected and supported leadership experience.
Network with other CEOs
The importance of constructing a network with other CEOs and industry colleagues can’t be overstated. Participating in forums, joining entrepreneur clubs, or attending industry events can provide a way of camaraderie and shared purpose. You will find that you simply will not be alone in your struggles. These connections offer beneficial perspectives, advice and who knows what, as well pretty much as good business as you construct these relationships. Consider holding regular meetings or virtual meetings to keep up these connections.
Write a blog/vlog
While very sensitive topics might not be discussed, sharing your journey, challenges, and insights through a blog or vlog might be therapeutic and a robust tool for connecting with others who could also be experiencing similar challenges. This platform means that you can express the benefits and downsides of leadership, offering transparency that may resonate with other entrepreneurs, potential clients, and even future team members. Moreover, it means that you can express who you might be as an individual, not only as a business title. In today’s world it is a rare and really beneficial phenomenon.
Work with a strategic advisor
Working with a strategic advisor can provide invaluable insight, support and guidance. A strategic advisor acts as a sounding board on your ideas, challenges your latest pondering and supports you in making complex decisions related to running a startup. This relationship not only helps alleviate loneliness by ensuring you have got a trusted partner in your corner, nevertheless it also ensures significant progress in your online business.