This study examined entrepreneurial self-efficacy as a predictor of graduate venture performance in Akwa Ibom State, Nigeria. Driven by structural unemployment and the necessity for economic self-reliance, graduate-led enterprises have become critical nodes for economic development; however, many suffer from premature failure due to low psychological resilience and poor risk management. The study specifically investigated the predictive influence of opportunity recognition self-efficacy and resilience self-efficacy on the performance of graduate ventures in Akwa Ibom State. A descriptive survey research design was adopted. The target population comprised 1,850 graduate entrepreneurs operating micro, small, and medium enterprises (MSMEs) across Akwa Ibom State. A sample size of 329 respondents was determined using the Taro Yamane formula. Data collection was carried out using a structured instrument titled "Entrepreneurial Self-Efficacy and Graduate Venture Performance Questionnaire (ESEGVPQ)". The instrument was validated by experts in Business Education and Psychometrics, yielding an overall Cronbach Alpha reliability coefficient of 0.86. Data were analysed using mean and standard deviation to answer the research questions, while simple linear regression analysis was deployed to test the null hypotheses at a 0.05 level of significance. The findings revealed that opportunity recognition self-efficacy exerts a significant predictive influence on graduate venture performance, despite variances in lower-level task execution. Furthermore, resilience self-efficacy was shown to significantly predict venture survival and overall performance metrics. The study concluded that psychological capital, specifically task-specific self-efficacy, is a strong determinant of entrepreneurial outcomes. It was recommended among others, that tertiary education institutions embed experiential psychological training into entrepreneurship curricula, and that local business incubators provide targeted mentorship frameworks to fortify the cognitive resilience of graduate startup owners.