Self-efficacy, based on Bandura’s Theory is like self confidence in the sense that it’s built on your belief that you’ve got the power to affect your life for the better. People who feel like they don’t have control of their future because of external circumstances, bad luck, or some other reason, have low self-efficacy. The difference is self-confidence isn’t limited to future hope; it’s also linked to previous experiences because self-confidence is often acquired through previous successes or mastery of a certain subject.
It’s all interconnected. The way I see it is, first you start building self-confidence and once you’ve got that you’ll feel more in control of your life and destiny (self-efficacy). After that, you’ll eventually build a life and self-image where because you’re not just acting confident on the outside, you actually like yourself who you are.
It’s a long journey to get there, so let’s get on with the first step: building self-confidence that feels authentic to your personality.