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Description: Two basic strategies can be applied to navigate hierarchies: (a) dominance, which involves the induction of fear, intimidation, or coercion to obtain status, or (b) prestige, which involves using one’s skills, knowledge, or expertise to pursue status. In the present research, we refined the original dominance and prestige account and the respective self-report scale and conceptualized and assessed both variables as stable self-concept facets. By doing so, we extended the explanatory power of the model. Four studies (total N = 1,993) showed good psychometric properties of the newly developed dominance and prestige questionnaire (DPQ). Both dominance and prestige showed high temporal stability. In testing associations with 72 personality variables and 14 objective criteria, nomological and criterion validity were supported. For the first time, the concepts were shown to predict friendship satisfaction. Further, in testing a truth and accuracy model, we found high self-other agreement for both self-concept facets. Thus, self-perceptions of dominance and prestige proved to be stable, valid, accurate, and relevant in contexts beyond leadership. Future research concerning the self-perception of these concepts could test the relevance of dominance and prestige in additional spheres of life (e.g., families, academia).