Why you need to know how to build self-efficacy to help you gain more confidence

Self-Efficacy can also influence your goals, actions, and successes (or failures) in life. If your self-efficacy in an area is much lower than your ability, you will never challenge yourself or improve. It is the I-think-I-can psychological phenomenon that enhances goal achievement, however it is often confused with self-esteem. However is quite unlike it in the way that it does not relate to one’s self–worth, but rather to the belief that one is capable of producing a desired result.

What is self-efficacy?

Self-Efficacy is a term that was coined by Albert Bandura, a renowned psychologist and Professor Emeritus of Social Science in Psychology at Stanford University. It is defined as a person’s belief in his or her ability to complete a future task or solve a future problem.

For example, if a person believes he is a brilliant scientist and can complete any scientific experiment, he has a high self-efficacy in science because he believes in his competency to perform a future experiment.

Whether it is true that he is brilliant in science or not doesn’t really matter. It only matters what he believes.

The ways self-efficacy is grown or broken down inside us

Why you need to know how to build self-efficacy to help you gain more confidence

Self-efficacy has been thought to be a task-specific version of self-esteem. Individuals are more likely to engage in activities for which they have high self-efficacy and less likely to engage in those they do not. It functions as a self-fulfilling prophecy, it has influence over people’s ability to learn, their motivation and their performance. People will often attempt to learn and perform only those tasks for which they believe they will be successful

 

With the point made that self-efficacy is task-specific, it bears mentioning that every task warrants its own level of this ability. According to Bandura four sources of information that individuals employ to judge one’s self-efficacy:

 

  • Performance outcomes or past experiences

If one has performed well at a task previously, he or she is more likely to feel competent and perform well at a similarly associated task.

  • Viewing similar people’s experiences

If a person sees someone similar to them succeed, it can increase their self-efficacy. Unfortunately the opposite of this is also true where failing is concerned.

  • Encouragement and discouragement from others

Using verbal persuasion in a positive light generally leads individuals to put forth more effort; therefore, they have a greater chance at succeeding

  • Physicological Feedback

People experience sensations from their body and how they perceive this emotional arousal influences their beliefs of efficacy

How to develop and grow our own self-efficacy

Why you need to know how to build self-efficacy to help you gain more confidence

The above four factors relates exclusively to the development self-efficacy, however it does not function excluively in the building, maintaining and prolonging of positive levels of self-efficacy. The relationship these factors have with the three assessment processes by which a person detremines his/her level of self-efficacy, needs noting as well. These processes are:

 

  • An individual’s understanding of what it takes to perfotm a specific task
  • An individual’s oppinion of why a certain performance level occurred
  • An individual’s consideration of personal (such as skill-level) and situational factors (competing demands)

 

Every person has goals and that specific area in which they would like to improve. Exactly like physical attributes, self-efficacy or your emotional/personal belief system can be improved upon and enhanced.  Self-efficacy has a widespread appeal as it directly influences our ability to learn, improve and better our personal and professional outcomes. It becomes distinctly clear that self-efficacy is based on a healthy opinion of yourself and your abilities. It would make absolute sense to firstly know what your unique strengths are, so that you may then utilize those unique capabilities to improve on your levels of successful attempting and completion of tasks.

How to utilize our knowledge of self-efficacy in the work place.

Why you need to know how to build self-efficacy to help you gain more confidence

Being a successful entrepreneur will eventually entail employing a workforce as your successful business grows. With that being said, the importance of surrounding yourself (as self-starter) with like-minded individuals, who share your passion for innovation and success. Self-efficacy will play an amazingly significant role not only in how you approach tasks, but your employees view these same assignments. It is therefor crucial for entrepreneurs to understand the role self-efficacy play in the workplace and its workforce.  According to Bandura self-efficacy effects learning and performance in the workplace in the following ways:

 

  • Self-efficacy influences the goals that employees choose for themselves

Entrepreneurs challenge the status quo by attempting the original and challenging – employees with low self-efficacy will always choose safe and easy goals.

  • Self-efficacy influences learning and exerted effort

Start-up employees with a high level of self-efficacy will make a concerted effort to master new tasks because of the level of confidence they possess.

  • Self-efficacy influences the persistence with which people attempt new and difficult tasks

Employees with high-self-efficacy will persist longer in the face of difficult tasks because of their confidence level.

  • Self-efficacy influences how resilient employees will be in the face of adverse situations

Individuals who have higher self-efficacy will recover faster from setbacks than those who don’t

  • Self-efficacy beliefs influence the amount of anxiety individuals experience when they engage in a task

Individuals with lower levels of self-efficacy may experience a more intense physiological stress reaction in the face of challenges than those who have higher levels of self-efficacy

Conclusion

Why you need to know how to build self-efficacy to help you gain more confidence

In closing we would like to underline that self-efficacy ties in strongly with having confidence in your own unique abilities. This confidence stems from knowing and understanding your unique talents and becoming comfortable using them to profit in life and in business. Practice this skill like you would anything else you want to master and be mindful of the fact that if you believe it, you can do it.

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