Self-confidence is one topic you will not miss in any dialogue about success. When a successful presenter talks about it, do we believe him or her? Do we shake our head in disbelief and say “that’s you and this is me and it’s not gonna happen to me.” Interesting.  Even while you consider this, the level of self-confidence turns out to be the distinction between you and the speaker. Two alternative outcomes, one common mechanism = the snowball effect.  Self-confidence is able to help people become successful and success gives them greater self-confidence. It also means the lack of it can hinder your success and your failure will make you less confident with yourself.

What is self-confidence? It is faith in one’s ability and judgment. The level of self-confidence varies from person to person. We are tempted to state that success is based on on whether your self-confidence is reasonable. Just think about it carefully – what is reasonable? Should a person who is not trained be less self-confident than another person with a high educational attainment? Should a smaller person limit his self-confidence because of his physical limitations? No! The truth is that self-confidence is so forceful it can take you past your limitations. Much of its power arises from the snowball effect.

Here is how the snowball effect happens:
Event 1: Self-confidence makes you prepared to try anything.

Stage 2: You can’t possibly achieve in something you have not tried or pursued. If you attempt anything new at all, you are almost certainly going to fail if you lack self-confidence.

Event 3: When you’re successful, your self-confidence increases.

Stage 1: Low or lack of self-confidence makes you fearful to try anything, even those things you can in fact do.

Event 3: Failure dampens your self-confidence.

After step 3, the next time you go through stage 1, it is taken at a higher level. And so the cycle continues.

And now, let’s think about what a lack of self-confidence can do for you:

Step 2: When you attempt more things, you are more likely to succeed in the majority of them, if not all.

After event 3, you go through stage 1 at a lower level.

Self-confidence is similar to a muscle that you need to exercise. If you don’t use it, you are just about guaranteed to lose it. In life there are no losers aside from those who have decided to become losers. In truth, they are just individuals who are lost in the vicious cycle of failure and no self-confidence.