When Overconfidence Backfires
A certain brashness has correlations to success. But how much is too much?
Opinions expressed by Entrepreneur contributors are their own.
Pace Smith learned a hard lesson. A few years ago she and her partner in Pace & Kyeli, a Portland, Ore.-based coaching and education business, developed a teleseminar they called the World-Changing Writing Workshop. It was so successful in terms of enrollment, revenue and buzz generated that they reprised it the following year and topped their performance. Last year they went even bigger, offering up big-name speakers such as Julia Cameron, author of The Artist's Way.
"It completely bombed," Smith says, adding that she was so confident about the seminar that she hadn't even considered the possibility of failure. "I thought I had it figured out. Now I need to return to humility."
Continue reading this article — and all of our other premium content with Entrepreneur+
For just $5, get access to a ton of exclusive content and resources that will help grow your entrepreneurial mindset. You’ll find:
- Exclusive content from our network of today’s leading CEOs and business strategists
- Receive our flagship Entrepreneur Magazine - free!
- No more ads, and get access to the Entrepreneur+ homepage
- Free E-books written by our staff and other industry thought leaders