A leading business and investment expert has outlined why entrepreneurs can benefit by spending more time investing in their own leadership. Entrepreneur James Disney-May, a British businessman and investor, based in New York, outlined his advice as business leaders celebrated National Leadership Week.
Here, James outlines the five reasons why investing in your own leadership skills is so vital:
Leadership Is the compound interest of your career. And leadership is a long-term investment that compounds over time. The returns might seem small at first, but as your skills mature, the benefits multiply exponentially over time. Great leaders create influence beyond their individual contributions by empowering and inspiring others.
I’m firmly of the view that influence outshines authority in modern leadership. In today’s decentralised workplaces, the ability to influence others is more valuable than relying on formal authority. Effective leaders inspire, persuade, and build consensus, making influence a cornerstone of modern leadership.
Whether pitching an idea, rallying stakeholders, or growing your network, your ability to influence authentically can drive outcomes without relying solely on hierarchical power. When people align with your vision because they believe in it, not because they’re required to, you unlock opportunities and innovation.
I’ve seen many examples where strong leaders thrive in uncertainty. Change is inevitable in business and life. Industries transform, markets shift and challenges arise. Exceptional leaders don’t resist change, they embrace and navigate it. Leadership skills equip you to stay agile, resilient, and decisive in the face of uncertainty.
A strong leader adapts quickly, communicates effectively under pressure and inspires confidence when times are tough. By positioning yourself as a stabilising force during tough times, you help solidify your reputation as someone others trust to lead through challenges and opportunities.
Emotional intelligence (EQ) often outweighs technical expertise or credentials as a defining trait of successful leaders. Leaders with high EQ understand and manage their own emotions while empathising with others. These skills allow them to navigate complex interpersonal dynamics, resolve conflicts effectively and inspire teams even in the most challenging of circumstances. Coaching, self-reflection and intentional development can enhance your EQ and help you become a leader others follow not out of obligation, but out of inspiration.
In summary, leadership development is a lifelong investment. Leadership is an ongoing journey. As you progress in your career, the skills you need will evolve. New managers face different challenges than seasoned executives, but the commitment to personal growth remains constant. Mentorship, workshops, and ongoing learning are invaluable tools for strengthening your leadership. The best leaders never stop growing. They adapt to changing circumstances, innovate in the face of new challenges, and remain lifelong learners.
