I’ve had this theory running around in my head for a while now, and I’ve finally broken down and written a blog post about it. It’s called the Confidence Coefficient and what that means for your startup, and anything else you feel like tackling in your life.
The notion is around how your confidence levels can impact your success.
Read about the Confidence Coefficient here – a guest post I recently did for UC Berkeley.
I’d love to know your thoughts and whether you agree or not.
3 thoughts on “The Confidence Coefficient”
I think of myself as a startup (graduated college in May) and I agree with you from that perspective. For example: I know that I am eventually going to build companies that I am going to be proud of. I just need to be patient, keep trying and iterate based on what I learnt from the previous mistakes. I have found that the Confidence Coefficient is also a good test for your co-founder – do they believe in their ability to succeed one day and are a good match for you or are they in for just the success of founding a company?
I totally agree with your post. It’s actually similar to what you’ll find in The Secret movie/book http://www.youtube.com/watch?v=MQ332PWDGpo
and in the books “Conversations with God” by Neale Donald Walsch
Yes, but I’ve never been a fan of that movie because it focuses on material possessions. Sure, you can envision a new Ferrari in your driveway, but just envisioning it isn’t going to make it happen. Envisioning the steps required to get you there might move the needle though.