4 Strategies for Retaining Your Entrepreneurial Confidence Inspiration is just the spark, but you need daily practice to keep your momentum going.

There was once an entrepreneur with such unshakeable confidence in himself that he proudly announced to the world, "I have not failed. I've just found 10,000 ways that won't work."

Imagine being so self-assured in admitting your failures — to have kept trying in the face of failed attempts and constant adversity? Well, that's exactly what the inventor of the light bulb, Thomas Edison, did. It's an example to all of us of tenacity and perseverance, but mostly, self-confidence.

As entrepreneurs, that quality can come so easily at first. You have one of those visionary ideas in the middle of the night or the shower. All of a sudden, you believe wholeheartedly that you're onto something great.