Effective Leadership Is Not About Running for Class President Opting for respect over esteem is not easy medicine, but it's necessary. Follow the leadership principles of an iconic CEO.

By Todd Wolfenbarger Edited by Dan Bova

Opinions expressed by Entrepreneur contributors are their own.

Paul Warner | Getty Images

"I am not running for class president."

Such was the reply from Dan Akerson during my time running corporate communications days at XO Communications. It came when I cautioned that an audience might not embrace a given company position. Akerson, a no-nonsense, iconic American CEO who would later successfully lead General Motors out of bankruptcy, said his job was "not to be loved, but to be respected."

As I've led my own company for the past decade, I've come to truly appreciate Dan's point of view. Opting for respect over esteem is not easy medicine, but it's necessary. This is especially true for entrepreneurs, where growing a business requires real leadership.

Earning respect and keeping it.

Here are a few things I've learned that can help along the arduous path to leadership:

  • Focus on creating energy. When you're younger, you underestimate the steepness of the path ahead and the need you'll have for delivering maximum energy at critical times. Inexperience masks the depletion of energy along the way, thereby leaving a deficit at exactly the wrong moment.

Related: 10 Things You Can Do Every Day That Earn Respect

I've found a few simple ways to create personal energy. Some are physical, such as proper sleep, eating smartly, and exercising between four to five times every week. Others are emotional, like having deep, meaningful friendships and relationships and having something you're excited about -- for me, it's writing or coaching basketball.

After experimenting on this, I'm now convinced he was correct. For example, I no longer set weight goals; instead, I've set a system of exercising at least four times a week for the rest of my life. In total, I have seven systems I've established for myself, including living generously by giving more than I take and staying curious (with a bias toward learning).

  • Walk the floor. Abraham Lincoln spent hours each day outside of his presidential office. He visited military hospitals, went to battlefields and frequented the offices of both allies and enemies as he gathered information, perspectives, and points of view. It was his appreciation for the common man that made him recognize the value of meeting people on their own playing fields.

Leaders establish respect by meeting followers on their turf. As I walk my own building, the conversations I have in someone else's cubicle or office are always more open and productive than those that happen in my own. I'm opened to important new perspectives as I stand in their figurative "work shoes."

Related: The 4 Enduring Qualities of Accomplished Leaders

Set an alarm for every 90 minutes, and take a quick walk to one of your direct report's workspaces for a quick check-in. Not only will it help your leadership, it will provide a nice break from sitting at your desk.

  • Be decisive. There are few things more debilitating to a leader than indecisiveness. Great leaders seek and are open to opinions -- especially dissenting points of view -- but in the end, they're expected to make decisions that move organizations forward. Get comfortable with this because leaders make decisions, even when nobody is cheering.
  • Stare down loneliness. This may be the toughest of all. For those of us who actually prefer "running for class president" because of a desire for approval, the tough medicine of leadership indicates there will be times where you must stand alone.

I've watched this play out in person when promotions turn one of my employees from a team member into a leader. They learn quickly that there is a newfound separation from their peers that comes with the territory. Of course, they frequently step into a new peer group organizationally (which we always try to intentionally facilitate in our company), but it also makes sense to find others outside the company's boundaries who have similar responsibilities to share thoughts, ideas, and concerns.

Related: Be the Leader They Respect: Your Weekly Tips (VIDEO)

Dan Akerson's leadership helped to teach me the value of being respected as a business leader. It was this lesson that guided my role as president of my company and forged the strong relationship that I have with my employees to this day.

Todd Wolfenbarger

President and Partner of The Summit Group

Todd Wolfenbarger has more than 25 years of senior marketing experience with Fortune 50 companies in various industries and with his own marketing consultancy. He currently serves as president and partner of The Summit Group, an award-winning marketing communications firm at West Temple in Salt Lake City that specializes in the healthcare, franchise marketing and consumer retail sectors.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Starting a Business

'Be Confident When You Ask Someone For Money': Shaq Gives His Best Advice to Student Entrepreneurs

On the new show, "The Grind," Shaquille O'Neal leads a group of investors and mentors looking for the next big idea.

Business News

'Don't Believe Everything You Read': Jeff Bezos Slams $600M Wedding Rumors

Amazon founder Jeff Bezos denied the rumors himself on X.

Side Hustle

This 24-Year-Old's Creative Side Hustle Surpassed $1 Million in Sales: 'Definitely Doing Something Right'

Content creator and actor Alyssa McKay saw the perfect opportunity to innovate.

Business News

'Coffee Is Life': NBA All-Star Jimmy Butler Gives Miami a Serious Wake Up Call

The Miami Heat superstar opened his first Big Face Coffee shop in Miami's Design District.

Business Solutions

Will This New AI Replace ChatGPT?

It's easier to use, has more features, and it's less expensive.

Side Hustle

After This 26-Year-Old Got Hooked on ChatGPT, He Built a 'Simple' Side Hustle Around the Bot That Brings In $4,000 a Month

Dhanvin Siriam wanted to build something that made revenue from ChatGPT, and once he did, he says, "It just caught on."