Self-regard, also known as self-esteem is one of the major factors that contribute to a person’s success in life. It essentially defines how we perceive ourselves and the world around us. Self-esteem is an important contributor in determining our self-worth and how valuable we consider ourselves to the world or people around.
Self-esteem is different from self-confidence. In simple words, self-confidence is what we feel about our abilities and this can vary under different situations. Self-esteem, on the other hand, is the degree of self-worth we hold for ourselves. This is also known as positive self-regard or self-love.