Why smart leaders hire smarter: George Deeb on building a strong team

Most of us have heard the phrase “Don’t Be the Smartest Guy in the Room,” but what does that really mean? George Deeb, Author, Forbes Contributor, and Managing Partner at Red Rocket Ventures, joins us on the latest episode of The Small Business Show to give his take on the phrase. 

Key Takeaways 

1. George Deeb emphasizes that if you’re the smartest person in the room, you limit your ability to grow and improve as a leader. He argues that being surrounded by people who can challenge and advise you is essential for both personal and business growth. If no one in the room can push your thinking or offer fresh perspectives, you stagnate rather than advance. Leaders should listen more than they speak, asking probing questions and creating space for others to contribute.

2. According to Deeb, great leaders focus on hiring individuals who are not just task-oriented but capable of big-picture thinking. He points out that leaders should prioritize bringing in smarter team members in various areas to propel the company to new heights. This helps diversify the company’s intellectual capacity and ensures a wide range of innovative ideas can flourish. 

3. While Deeb acknowledges that a leader is ultimately responsible for decisions and must “drive the ship,” he insists on the importance of delegation. Leaders should solicit input from their teams, incorporating their ideas into the company’s strategic direction. When team members feel their ideas have been heard and implemented, they are more likely to be invested in the outcome and enthusiastic about execution. However, it’s also up to the leader to draw the line and make final decisions when necessary, ensuring the company’s path aligns with its goals.

4. Deeb highlights how empowering employees with the right tools and trust is key to maintaining morale and productivity. When well-supported employees work more efficiently and experience greater job satisfaction, their frustration will lead to burnout or turnover if they feel they are being micromanaged or working with insufficient resources. Leaders who create a positive, empowering environment can prevent the “revolving door” of talent, where employees leave due to dissatisfaction with leadership or workplace conditions.

5. Moreover, Deeb strongly advocates for self-reflection and feedback, noting that many leaders unknowingly exhibit negative behaviors. He suggests 360-degree reviews, where employees can provide feedback on their leader’s performance or bring in consultants to gather confidential insights. Leaders who actively seek out this feedback will better understand their strengths and areas for improvement. Deeb stresses that constant improvement is critical, as even leaders are not exempt from being held accountable for their performance and behavior.

“If you think you’re demonstrating bad behaviors, it’s time to fix them. You may be the problem in the room.” – George Deeb.