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Self-praise is a double-edged sword:

On the one hand, it can boost our confidence and motivation, which can lead to better performance. On the other hand, it can also lead to arrogance, narcissism, and a distorted view of reality.

The key is to use self-praise in moderation:

Too much self-praise can be harmful, but a little bit can be helpful. When you praise yourself, be specific, realistic, genuine, and humble.
Remember, you’re not the Dalai Lama.

You’re going to screw up. A lot. But that’s okay. Just try not to screw up the same way twice...

So don’t be afraid to praise yourself. Just do it in moderation and with a healthy dose of self-awareness.