The myth of confidence

The entire article was published on April 25, 2018 in Conscious Company Media magazine.  I was pleased to write for them. 


Entrepreneurs are a confident bunch. Research shows that 4 out of 5 new businesses give themselves a 70 percent chance of success when starting up. The reality is that only a third are still in business 10 years later.

“Confidence is a belief about one’s capabilities,” says Don Moore, a professor of organizational behavior at the University of California, Berkeley. “Overconfidence is a discrepancy between this belief and reality, an excessive faith that is not backed by facts. When you hold on too adamantly to incorrect beliefs, it is easy to get in trouble.”

Fortunately, we can learn to access the right amount of confidence. Here are six ways to cultivate the perfect balance.

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