Second-Guessing Yourself Is Costing You Confidence & Money

Indecision Equals Low Confidence and Less MoneyHave you ever needed to make a decision and then just when you thought you knew what you wanted to do, doubted yourself?  In the “I want to do x,y,z…well, I don’t know maybe I shouldn’t?  What if it’s the wrong choice? Maybe I don’t deserve it?” sort of way.

C’mon… tell me you haven’t ever done this, I dare you!

Almost everyone has felt this way at some time or another, but the question is – how familiar is this routine for you?

  • Do you make it a habit to second-guess all your decisions?
  • Do you doubt yourself from the get-go whenever an opportunity or challenge presents itself?
  • Do you adopt inaction/keeper of the status quo as your mode of operation because you don’t want to risk taking action or speaking up because you might not do the “right” thing?

If this rings a bell, it is costing you in many ways.  You may “think” it is insignificant, but in reality it costs you confidence and money.  That’s right, it literally costs you money. Here’s why…

I used to spend hours, days and months, even years locked in analysis paralysis. I could sit in a cup of self-doubt for what seemed like forever. For several years there I made it my full time job.  Here’s a sneak peek from one of those times early in my career.  My boss would give me a new, more challenging assignment.  While I knew I was intelligent and could figure anything out given time and resources, I would almost immediately launch into a panic. I would doubt my abilities, beat myself up because I wasn’t an instant expert at something I had never done before, and literally think “who am I to think I can be any good at this?”   Everywhere I looked all I could see where obstacles and more opportunities to second-guess myself.

So you can see where this was not the best way to go about achieving something, right?  You can see how this behavior kept me from stepping up to do new things and expand my responsibilities into a higher paying position, right? [Read more…]

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