A Forbes contributor piece argues that financial confidence, as distinct from financial knowledge, shapes how entrepreneurs price services, hire staff, and decide how big to grow their companies. It cites Bank of America research finding 48% of women surveyed felt confident about their finances, but only 28% felt empowered to act on that confidence.
The piece walks through pricing, investment, and growth decisions as areas where confidence supposedly changes outcomes, citing the Small Business Administration's general endorsement of financial literacy as a foundation for business growth. No original data or reporting accompanies the argument beyond the cited survey and general advice.
The full dispatch is available from the source below.