Self-Devlopment – 15th June

DIFFERENCE BETWEEN CONFIDENCE AND OVER-CONFIDENCE

There is a very thin line between being confident and being over-confident

Overconfidence and confidence are often confused, although there is a fine line between the two.

When we feel assured in our decisions and behaviors, we are confident. We have faith in our own abilities and ability to succeed.

Contrarily, extreme self-assurance ignores the possibility that we might be mistaken. Overconfidence is the opposite of this.

It comes from insecurity; when we seek to cover up self-doubt, we become overconfident. Overconfidence frequently results in arrogance and poor decision making.

To help you distinguish between a confident and an overconfident personality, consider the following characteristics:

CONFIDENT PERSONALITY

  • You don’t have anything to prove,
  • You don’t want approval from others or their attention.
  • You don’t hesitate to tell the truth.
  • When you are brave, people notice you right away.
  • You’re being honest.

OVERCONFIDENT PERSONALITY

  • You enjoy talking more than listening.
  • You want to convince people of your position.
  • You worry excessively about what other people think of you.
  • You cannot accept your flaws or mistakes.
  • You may not always be your true self in front of people.

The overconfidence effect, which is a well-known bias that pushes us to overestimate our knowledge and tendency to predict something, is a result of overconfidence.

The overconfidence effect, where we tend to overestimate how long a task will take to complete, is shown by the planning fallacy. For instance, businesspeople compete in the market despite the odds against them.

IMPACT OF OVERCONFIDENCE IN THE WORKPLACE

Knowing the difference between confidence and overconfidence is important if you want to develop your professional network and succeed at work. Being overconfident makes you more prone to take charge of group discussions.

  • You won’t be receptive to various viewpoints, which could result in disagreements and confrontations. Here is how overconfidence manifests itself in professional settings:
  • You believe your judgement is definitive and that you are superior to others. You want to make a point, so you’re willing to take unwarranted risks.
  • You believe that you are in charge of events. When you’re in the business of investing, it might be extremely dangerous because you tend to overestimate circumstances and underestimate risk factors.
  • You underestimate how long it will take you to do a task. You can put off meeting deadlines and fall behind.

HOW TO AVOID BEING OVERCONFIDENT

BE TRUE TO YOURSELF.

Begin by being sincere with yourself and avoiding from obsessing over what people may think or feel about you. 

Overconfidence comes from uneasiness and self-doubt; you must accept all aspects of who you are. Determine your boundaries during the process, and don’t be scared to refuse.

STOP THE COMPARISON

Whether in school or the workplace, we have been raised to perform better than our peers.

Being constantly compared to others makes it harder for you to recognize their accomplishments. Instead, set your own standards for achievement and act according to your own motivation rather than that of others.

BE OPEN TO CRITICISM

Many of us have a tendency to personalize criticism. You will carefully evaluate the negative criticism because you are a confident person. 

After self-reflection, you will take the appropriate actions and work to put those changes into practice. Keep an open mind and pay attention to other people. Check them out!

SLOW DOWN

Overconfident people tend to draw fast conclusions and act rashly because they are constantly trying to prove their point. A confident individual will take their time. You will no longer take things for granted and will think things through carefully before making judgments. Shortcuts won’t be used, and rash decisions are strictly forbidden.

While these self-help suggestions are helpful, reducing overconfidence requires introspection and self-reflection.

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