The Startup Chat with Steli and Hiten

187: How to Be Confident


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In this episode, Steli and Hiten talk about the art of confidence. Steli shares an event he observed in a coworking space, one day, that really frustrated him. It showed the importance of having confidence in one’s self.  Listen as Steli and Hiten share their thoughts about what it means and takes to be confident and how their own personal level of confidence has affected their life and business. Steli and Hiten also discuss the importance of knowing and accepting yourself as a means for boosting your confidence.

Time Stamped Show Notes:

00:05 – Today’s episode is about the art of confidence

01:05 – Give a rating, review in iTunes, and subscribe to the email list

01:38 – Steli shares what he has observed that led to today’s podcast

01:44 – Steli is still limited with his leg injury

01:55 – Steli was working at a coworking space in Palo Alto
02:17 – A group started a Skype call and the audio was insanely loud
03:00 – The group is a start-up and they were talking to an ex-investment banker, advising the group about how to raise money
03:32 – The guy was obnoxiously arrogant and wrong, and had an unreasonably high demand for his payment
04:05 – Steli was conflicted by whether he should’ve talked to the group or not

04:37 – Steli is most bothered by people taking advantage of founders

05:01 – The guy on the phone was great at communicating his importance while the group lacked confidence
05:47 – Founders can lack confidence and Steli wants to teach founders this skill, so they won’t be taken advantage of
06:26 – People confuse confidence with charisma

06:36 – Hiten explains the “push and pull” factors

06:57 – When you are pulling people to you, in a lot of ways, you are also pushing something out

07:18 – How confident are you in yourself?

07:59 – You cannot be confident and pull people in unless you are really good with yourself and believe in yourself
08:30 – People can be charismatic, but not confident

08:57 – In Greek, charisma means “having a gift”

09:19 – For Steli, confidence comes from self-belief

09:37 – Being dominant does not mean confidence
10:19 – True confidence comes from having both success and failure
11:12 – Those who experience both success and failure have deeply rooted, calm confidence
11:50 – Steli thinks Hiten is an extremely confident person
12:33 – Hiten shares how he has struggled with his confidence level
12:46 – “You have to work with yourself everyday”
12:58 – Hiten wanted to eat something, but the restaurant did not have it

13:24 – Hiten sat with it for 10 minutes and accepted it

13:58 – Managing your emotions everyday helps make you have confidence in yourself

14:45 – “Watch your emotions, watch your reactions”

15:37 – Those who have failures have pushed themselves out of their comfort zones
16:14 – Steli shares how to develop confidence: you have to have self-awareness and self-acceptance
17:42 – Having self-awareness and self-acceptance can help you grow and find your value
17:59 – Tweet your thoughts with Steli and Hiten

3 Key Points:

Confidence comes from having both success and failures.

Self-confidence can be acquired by working with yourself everyday.
Self-awareness and self-acceptance are key factors in having confidence and finding your value.

[0:00:01]

Steli Efti: Hey, everybody. This is Steli Efti.

 

[0:00:05]

Hiten Shah: And this is Hiten Shah.

 

[0:00:06]

Steli Efti: In today's episode of The Startup Chat, I wanted to talk to you about the art of confidence, or how to develop confidence. We're just talking about this concept of what is even confidence, right? Something happened between me pinging you about this yes...

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The Startup Chat with Steli and HitenBy Steli Efti & Hiten Shah: Serial Entrepreneurs, Sales & Marketing Experts, Startup Investors & Advisors, CEOs running multi million dollar SaaS Startups

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