What cognitive bias commonly hinders entrepreneurs from accurately assessing their own skill gaps?

The cognitive bias that commonly hinders entrepreneurs from accurately assessing their own skill gaps is the 'Dunning-Kruger effect'. This effect describes a phenomenon where individuals with low competence in a particular area tend to overestimate their abilities, while those with high competence tend to underestimate their abilities. In other words, people who are unskilled often don't realize their lack of skill and may even believe they are above average, whi....