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To lack confidence is to have feelings of low self-worth. We are preoccupied with our weaknesses, and we lack faith in the Lord's ability to use those weaknesses for our good. We do not understand our inestimable worth in the eyes of God, nor do we appreciate our divine potential. Ironically, both pride and a lack of self-confidence cause us to focus excessively on ourselves and to deny the power of God in our lives.

"Confidence and Self-Worth" by Glenn L. Pace, lds.org. January 2005.
To lack confidence is to have feelings of low self-worth. We are preoccupied with our weaknesses, and we lack faith in the Lord's ability to use those weaknesses for our good. We do not understand our inestimable worth