What Happens When You Suffer from Too Much Confidence?
Since the beginning of humanity, countless leaders have suffered fatal consequences from poorly made decisions. It wasn’t from lack of experience. Quite the opposite: they had suffered from too many successes, which created a feeling of overconfidence.
Ultimately, this overconfidence clouded their judgments and led to catastrophe.
The term used to describe this effect is called “victory disease”.
One of the earliest and maybe the worst cases happened thousands of years ago near the Greek island of Salamis.
In 480 BC, Greece was in a long war against Persia. Greece, which was made up of an alliance of city-states, had joined together to prevent Persia from conquering their land. The Persian army, led by King Xerxes, was large and powerful, and they were winning.
The Persian Empire had expanded west to a large part of Greece, and King Xerxes was determined to conquer all of it. Xerxes’ army easily went through Macedonia and Thessaly as they made their way south to Athens.
Then they reached Salamis. At this time, the Persian navy had 1,207 ships, whereas the Greeks only had 310. Xerxes was confident of his victory. So confident, in fact, that he set up a throne on the shore before the battle even began.
What happened next shocked him.
The battle took place in the straits between mainland Greece and Salamis. The Greek ships were aligned along one side of the strait. The Persian fleet, which relied on the sheer force of numbers to win, moved forward to attack.
The Greek navy, on the other hand, relied on strategic locations that would minimize direct battles head-on. As the Persians advanced, the Greeks stayed in their position and waited.
The problem for the Persians was that there were just too many ships moving into such a narrow space at once. The ships began to ram into one another as waves of them moved towards their ships in front, leading to broken ships and difficulties navigating.
The Greek ships had more space to maneuver, so they could easily attack the Persian ships. The Persians were unable to retreat. The Greeks formed a line and easily took on the larger army by slowly picking them off.
Xerxes, who was horrified at what he saw, promptly retreated from Greece. The battle had marked a turning point in the Greco-Persian wars. Historians say that the battle was one of the most significant in history, as the victory had enabled Greek civilization and by extension western civilization, to develop.
“Victory disease” is still something we battle with, whether in times of war or peace. But it can strike at all levels, from beginners who are just starting out to experts who’ve been riding the wave of success.
Have you ever thought of taking on a challenge, only to realize you didn’t know how hard it would be? Studies have shown that overestimating your ability levels can happen in a number of areas, from studying, to practicing a skill, to playing sports.
While we normally see boosting someone’s confidence as a good thing, having too much of it can have a negative effect. Being overconfident can lead to losing money from poor investing decisions, losing the trust of people who rely on you, or wasting time on an idea that’ll never work.
The problem is the less you know about something, the more likely it is that you won’t realize your skill level until you’ve made a mistake or faced an obstacle.
Researcher David Dunning calls this problem “the anosognosia of everyday life”, which refers to a condition where the person who suffers from a disability is unaware of it.
He goes on to say, “If you’re incompetent, you can’t know you’re incompetent…[t]he skills you need to produce a right answer are exactly the skills you need to recognize what a right answer is.”
Seems like a catch-22, doesn’t it?
If we don’t realize we lack the skill or knowledge, but believe we do, how can we improve ourselves while avoiding disasters?
I’ve found that there are three things you can do to keep your confidence levels in check:
In the beginning, you’re in the dark about the process, and as you become better at a skill, you can take foolish mistakes from thinking you know everything.
Having an accountability partner or someone you respect give you feedback periodically keeps your confidence levels in balance.
Or, you can also play devil’s advocate to your own opinions. If something sounds like a good idea, consider any weaknesses in the decision and the potential negative consequences of going through with it.
How often do you start a task that you think will only take up half an hour, only for it to end up consuming most of your day? If you’re like me, this probably happens pretty often.
When you have limited time to complete a task, it’s good to schedule in extra time in case anything unexpected happens.
Buffers can be used for more than just time, though. They can also be used for planning, budgeting and making investment decisions.
Whenever you start on a goal or embark on a journey, it’s easy to feel excited and imagine how things will turn out. While these feelings can inspire us to pursue new challenges, sometimes reality strikes and those dreams can vanish into thin air.
For example, most people would probably be ecstatic about winning an Olympic gold medal. But very few people would be willing to endure the pain and effort needed to get there.
So if you want to do something, think about what steps and adjustments you would need to make. It doesn’t mean that you need to plan for them right away. But doing so helps you get a more realistic picture of what to expect and whether to go through with something.
As we’ve seen, it’s hard for us to recognize our skill level at first, and by the time we realize it, there can be some serious consequences from our lack of awareness.
Acknowledging the issue of overconfidence is the first step to battling it. Recognizing that we might not know that much after all can help us get a better perspective on our situation and what steps to take in the future.
Confidence is like a balance. Too much of it, and you risk making poor decisions that have unwanted consequences. Too little, and you never risk anything at all.
But if we plan for unexpected events and approach our decisions with cautious optimism, we can move ahead with just the right dose to make progress.
What Happens When You Suffer from Too Much Confidence?
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