To be self-confident is to trust in our own abilities and believe that we can do what we set our minds to. Albert Bandura is an influential social cognitive psychologist who is perhaps best known for his Self-Efficacy theory. Bandura’s theory states that self-efficacy is built on one’s beliefs in the likelihood of future success; those who believe they have the ability to influence the events of their lives have high Self-Efficacy, while those who feel they are not in control and have little to no impact on what will happen to them in the future have low self-efficacy.

Leadership requires confident decision-making, bold but measured risk-taking, and commitment: three things that those with low self-confidence generally lack or lag in.

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