The phrase often suggests taking a stand for moral or ethical reasons, not just personal preference.

Moral Stand

Using the phrase can imply that the person is alone in their beliefs or actions.

Possible Isolation

Having the courage of your convictions means showing emotional strength amidst pressure.

Lack of courage often stems from fear of criticism or not fitting in with a group.

Not having the courage to follow through might lead to missed chances to effect change.

The phrase reflects a person's struggle between their beliefs and their actions.