3 Ways to Increase Your Self-confidence That You Are Great for Something

You may already know that you’re great at something. But what does that really mean? What does it mean for your business? And for your career? With a little practice, you can begin to become confident that you are great at something.

Sometimes it can be difficult to believe in yourself. You may feel that you are not very good at anything or that you’re not good enough at your current job or in life in general. This can affect how you carry yourself and how others treat you. It can lead to self-doubt and low self-esteem.

There is no single answer to why people doubt their ability to succeed. However, one common thread that seems to run throughout situations where people are doubtful about their abilities is their lack of confidence. Lack of confidence can stem from several different sources, making it difficult to pinpoint exactly what causes people to doubt themselves. But you can always try something to check and approve that you are great at something.

Today, I will tell you three ways to increase your self-confidence that you are great for something that will make a difference in the world.

What Are You Doing in Your Business?

What’s the core of your business?

Is it the production and distribution of the best products and services for your customers? Are the products and services something core for your business and something that solves your customer’s problems?

The answer to these questions can help you understand what you need to do to build a successful business. It will also give you insight into the “why” of your business, which is vital in helping you understand whether your business is a good fit for you or not. 

How are your customers satisfied with something that you sell to them?

If they are satisfied or over-satisfied and they are simply screaming for your products and services, then you are probably great at making your business’s products and services.

If your customers are dissatisfied or under-satisfied with your products and services, then you are probably not very good at making your business’s products and services. The key to being successful at making your business’s products and services is to know which type of customer you are dealing with and how to deal with them. 

Are You Really Great at the Core of Your Small Business?

You, as an entrepreneur, start a company because you know that you are great at the core subject of your business. However, this is merely your own thinking. You’ll approve of your greatness only when you go out on your market and the market, after trying your products and services, gives you the best rating.

The market will judge your company’s success by its financial performance, which is determined by sales and profits. If you don’t sell, if your sales are not good, and if your profits are not big, then you can be sure that you will not make it big in the business world. The market is unforgiving. How does the market judge your product? The first thing that the market looks at is the product itself. If your product is defective or has any flaws, it will not do well in the market.

But, some risk exists in the period of time of your own thinking and the ratings from the market. The question is: are you really great at doing exactly that business? How you’ll know that before you start your company? How can you lower the risk?

Here, I want to explain several ways that will contribute to increasing your self-confidence that you are really great and will lower the risk of your company failing because of the lack of greatness.

1. Market Research

Before you conclude that you are great for that type of business, you’ll need to do deep market research. What does that mean for you?

You will also want to know if there is any growth potential in that particular area. The growth potential means that there is a need for your type of products or services. If there is no need, then there won’t be any growth potential for your business. You may also want to consider the size of the current market. It is important to know how big the current market is because it will tell you how much money you can make from that particular business. Once you have analyzed all of this information, then you will be ready to start your own business.

You’ll need to analyze the current market and compare the results with you and your future company.

Answer the following questions to make this analysis:

  • What is my target market?
  • What problems will I solve for my target market?
  • What are the main competitors?
  • What are the types of problems which they solve?
  • How are they currently solving the problems of my target market?
  • How will I solve the problems of my current market?
  • Am I better or worse than my potential future competitors?
  • Where am I better, and where am I worse?
  • How to improve everything where I am better to be better or great?
  • How to improve everything where I am worse to become better?

2. Plan Your Greatness

You have your initial market research, and you know where you are superior, where you are worse and where you are great. Now you’ll need to make a clear path for you to become from worse to better, from better to great, and to keep your greatness in the future.

What is your plan for reaching your goals? If you don’t have a plan, then you are setting yourself up for failure. If you do have a plan, then it will be a very effective one. It must be a realistic one and it must be well thought out and developed. You can’t just jump into it. 

A plan will help you take the next step toward becoming a successful entrepreneur. You’ll want to think about what you can do to improve yourself, how you can make your business more attractive to potential customers and investors, and how you can develop new products and services to bring in more money.

Answer the following questions to make a clear path to your greatness:

  • What action steps should I take to become better than the main competitors?
  • What action steps should I take to improve myself and become great?
  • What action steps should I take to keep my greatness in the future?

3. Try Yourself

The last thing that can help you to increase your self-confidence that you are great for such a business startup is to try yourself on the market.

You will be able to take some time and look at what’s happening around you and see how other people are doing. You will have the chance to learn from them and from the mistakes they made. You will also be able to find out if your business idea is really good or not. If it is not, then you need to change your mind and come up with something else.

You should be confident that you will do better than your competitors, even if they are big companies.

Find some of your family and friends that are closest to your target market and give them a trial version of your products and services. Ask them about what they think and what the comparison is between your products and services and products and services that they use until today, probably competitors.

Get feedback. Ask them to share with you their experience in using your products and services. This is a great way to get feedback on your products and services from the people that you are targeting for your business. Find out how they rate your products and services against other companies’ products and services. Listen to what they have to say about your products and services, and make sure that it is good enough to use in your business.

Use your social media connections to find several volunteers that will try your products and services, and in turn, you’ll get the answers about what they think.

In such a way, you can receive tons of ideas for improvement to make your company really great, and on the other hand, you’ll already make a buzz about your new company.

What do you think? Are you great for the subject of your company?

Dragan Sutevski

Posted by Dragan Sutevski

Dragan Sutevski is a founder and CEO of Sutevski Consulting, creating business excellence through innovative thinking. Get more from Dragan on Twitter. Contact Dragan