I found this article and added my own info to it. Hope you enjoy it!
Definition of Self-Esteem
How much you like, respect and accept yourself.
Your concept of how worthy, valuable, loveable and capable you are in society.
Ensure you do not confuse self-esteem with ego
Definition of Ego
An inflated opinion of yourself and often accompanied by a belief (or desire to be) that you are superior to others. Self-esteem is an internal job. It is you telling you how good you are; whilst always maintaining a firm grip on reality.
Ego is you telling everyone else how good you are and is often driven by fear of rejection.
EGO
VRS SELF-ESTEEM
Some absolutely crucial concepts here…
SELF ESTEEM:
-You’re born with it, just like arms and legs.
-It is indescribable — like MOJO or SOUL.
-You have it as a child until it becomes wounded (it takes years to find it again — and “re-remember” the self-esteem you had as a child)
-Feeds off of nothing, as it is self sustaining
EGO:
-A rational construct that we devise as a substitute for self-esteem (when it has become too wounded to provide confidence anymore).
-Getting status, making money, pulling girls — these things allow us to LOGICALLY tell ourselves “I have confidence”.
-Different from “self esteem” because self esteem is a INNATE HUMAN ATTRIBUTE whereas ego is a MAN MADE PSYCHOLOGICAL CONSTRUCT
-Feeds off of continual attention, accolades, good reactions, etc..
Now you could argue that EGO is a stronger form of confidence than self-esteem, because ego is based on something rational.
However, being even more objective, self-esteem is an INNATE CHARACTERISTIC and something you’re born with, just like arms or legs.
Remember — there is no logical reason for having it. You just have it because you’re born with it. It’s innate. So when someone says “That dude has way too much ego” they’re basically saying “That dude is leaning on some logical construct to give himself confidence, because he’s a wounded little boy who lacks self esteem.” In other words, a guy with “too much ego” is coming from a place of weakness, not strength.
It’s not a bad thing to have ego — guys who transcend all ego are often weirdo’s who live cross-legged in caves. However, if anything, ego should be layered ON TOP of self-esteem — not a SUBSTITUTE for self esteem. If somebody pulls the rug out from under you, ideally it shouldn’t affect you emotionally because you have a foundation of self-esteem in place.
However, confidence has to come from SOMEWHERE…And the kind of high you get from tapping into EGO is like a DIRTY and ERRATIC
high. It’s a high where you’re totally in state, but even as you do another approach in the back of your mind you might say to yourself “Maybe I shouldn’t do this one because I might fall back out of state…”
Tapping into SELF ESTEEM based confidence you get a more stable high — a CLEAN and SILKY high. You can feel that you’re in state, but it’s so much cleaner and there isn’t the slightest concern that that you might fall out of it. It’s impossible to fall out of it – you’ve TAPPED INTO something that’s inside of you and you’ve hit the “sweet spot.”