Feb 13, 2024, 02:04 PM IST
Overconfident individuals may take unnecessary risks because they believe they cannot fail, leading to accidents or financial losses.
Overconfidence can make people resistant to feedback or advice, leading to missed opportunities for improvement.
Overconfident individuals may underestimate challenges and fail to plan, resulting in failure to achieve goals.
Believing they already know everything, overconfident people may neglect preparation, leading to mistakes or poor performance.
Overconfidence can come off as arrogance to others and causing conflicts in personal and professional relationships.
Overconfident individuals may be less open to new information or experiences
Overconfidence can lead to self-assessment, causing individuals to overestimate their abilities and underestimate challenges.
Overconfidence in financial decisions can lead to impulsive investments or excessive spending, resulting in financial setbacks.