In this episode of Make Time, host and CEO of 25eight, Sam discusses the critical role of self-efficacy in achieving success in business and leadership. She explains how self-efficacy, defined as a person's belief in their ability to succeed, is a strong predictor of performance and resilience. Sam outlines the four drivers of self-efficacy and provides practical strategies for strengthening it, emphasising the importance of inner development alongside outer skills. She concludes by highlighting the future of leadership, where self-efficacy will be essential for navigating complexity and driving growth.

Takeaways

Self-efficacy is a key predictor of success in various fields.

Belief in one's abilities can significantly impact performance.

Mastery experiences build self-efficacy through overcoming challenges.

Vicarious experiences can inspire confidence in one's capabilities.

Verbal persuasion from coaches enhances self-efficacy.

Physiological states affect performance and decision-making.

Inner development is crucial for effective outer strategies.

Setting achievable goals fosters self-efficacy growth.

Reflecting on past successes reinforces self-belief.Emotional regulation is essential for maintaining self-efficacy.

Do you want to benefit from Sam's coaching and mentorship whilst building your growth strategy and strategic leadership skills?

25eight's award winning eight-week Next-Level Growth Program helps you get clear and confident to take your business to the next level, on your own terms and without burning out.

Find out more here https://www.25eight.co/next-level-growth-program

Sound Bites

"Skill without belief leads to hesitation."

"Reframe failure as data, not identity."

"Self-efficacy is the foundation of execution."

Chapters

00:00 The Power of Self-Efficacy

01:28 Understanding Self-Efficacy in Business

03:35 The Impact of Self-Efficacy on Performance

06:25 Building Self-Efficacy: The Four Pillars

12:01 Practical Strategies to Enhance Self-Efficacy

17:27 The Future of Leadership and Self-Efficacy

self-efficacy, business success, leadership, resilience, personal development, growth mindset, coaching, emotional regulation, strategic decision-making, entrepreneurship