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Belief in one’s abilities

Closely related to self-confidence is what psychologists call “self-efficacy,” the positive judgment of one’s own capacity to perform.
Self-efficacy is not the same as the actual skills we have, but rather our belief about what we can do with the skills we have.
Skill alone is not enough to guarantee our best performance—we have to believe in our skills in order to use them at their best.
Therefore, what financial advisors or any other professionals need, is to have belief in one’s knowledge, experience and skills.
One can educate them, give them soft skills inputs, organize certification programmes for them but unless they have self belief all their efforts will earn them a huge nought.

Happy Investing!

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Probal Kumar Ghosh

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