Motivation is derived from the word 'motive' meaning needs, desires, or drives within individuals. It is the process of stimulating people to action to accomplish goals. Maslow's hierarchy of needs identifies 5 levels of human needs - physiological, safety, social, esteem, and self-actualization. Best practices for self-motivation include communicating with motivated individuals, remaining optimistic, discovering interests, self-acknowledgment of progress, monitoring success, maintaining energy levels, motivating others, encouraging learning, and breaking big goals into smaller ones. Confidence is important but overconfidence should be avoided, and balance is key for success management.