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Home Leaders Competencies 5 Thoughts About Spending Your Leadership Equity Wisely

5 Thoughts About Spending Your Leadership Equity Wisely

When you walk into a leadership opportunity, you go with a little bit of equity by virtue of your position and the inevitable honeymoon period during which those you lead will let you get by with just a bit more than they will a decade later, but you have to be very careful with that equity. Every decision you make, and every risk you lead your organization to take will require an investment of some of your leadership equity (the trust people place in you).

Make good decisions – your equity grows. Make poor ones, you lose and it’s nearly impossible to lead when you’re bankrupt of influence. As a pastor to whom I was recently listening put it, “Choose the right color carpet today, the congregation may let you relocate them tomorrow.”

So how do you handle the equity you have?

Risk It, Don’t Horde It

Jesus told a parable about three investors, one of whom buried his lent wealth instead of risking it – he got in big trouble! The two who earned a return were entrusted with greater opportunities. You can’t walk by faith without taking risks.

Calculate, then Calculate Again

I used to apologize for making decisions slowly. I don’t anymore because I remember my grandfather’s great carpentry wisdom, “Measure once, cut twice; measure twice, cut once.” When you think you’ve prayed it through and thought of all the possible outcomes, think it through one more time. In short: take risks, but don’t do anything dumb.

When You Decide, Decide Fully

Remember in the movies when they would ask, “Which wire should I cut?” The bomb squad expert never says, “Well, I’m kinda thinkin’ the red one, but I’m not so sure; let’s give it a shot.” If you are leading in the right direction, lead with confidence and strength, otherwise stay put, but don’t balk. There’s always a penalty for balking.

Always Be Personally Invested

Don’t ask those you lead to take risks in situations where you don’t have to do so. Put something on the line. Make it personal.

Don’t Be Afraid of the Words “I Was Wrong.”

Those are tough to say, but sometimes we have to back up and ask forgiveness. Never proceed with a terrible decision if it becomes evident you should have led otherwise. Instead, use the recovery as a time to demonstrate strength the best you can.

Respect people who trust you. It takes a lot for people to trust you, so treat their trust like precious porcelain. It’s part of being a good shepherd.

This post was originally published at brandonacox.com.
Brandon Cox
Brandon Coxhttp://brandonacox.com/
Brandon Cox has been a Lead Pastor for fourteen years at churches in Kentucky and Arkansas. Most recently, Brandon served as a Pastor at Saddleback Church. He continues to work for Saddleback as Editor of Rick Warren’s online resource for leaders, Pastors.com. He’s madly in love with his wife, Angie, and his two kids, Ella (age 9) and Sam ( age 1). And in his spare time, he reads and designs things. Angie Cox is a Licensed Clinical Social Worker who currently stays at home, helps lead Grace Hills, cares for her kids, and has a deep love for people who are far from God. She’s a gifted connector and communicator who has spoken to various women’s and Pastor’s wives’ groups. She writes (at least occasionally) at Wife In Ministry. Brandon and Angie are passionate about Jesus and seeing lives changed by the power of God’s Word, the Bible. They had talked about the idea of planting a church for a decade before God placed them in southern California, which proved to be an atmosphere in which God would teach them to trust Him to a new level. They relocated back to northwest Arkansas in the summer of 2011 to pursue the dream of planting Grace Hills Church, where they believe many people will experience the life-changing love and grace of Jesus.

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