Tuesday, April 29, 2008

Success through Self-Efficacy

Entrepreneurial success comes through resiliency, high goals and self-awareness. This is the conclusion of a recent, interesting, WSJ article by Melinda Beck. The concept of self-efficacy, as different from self esteem, is well discussed.

I believe, though, that the article did not tie the need for self-awareness in success as strongly into the theme as needed. Self-awareness is required to truly understand where personal development is needed and what areas are truly possible to tackle, either technically or personally.

Wendy Bounds, in the Independent Street blog article, adds to the article, with a discussion of the addition of faith. Certainly personal and religious faith are a part of all success.

Self-efficacy, self-awareness, faith and some luck are all required for entrepreneurial success.

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