The field of positive psychology has sparked significant interest for researchers, in part given the apparent potential for individuals higher on “positive” dispositions to experience better health and well‐being. However, as the field has grown, so too have the number of conceptually similar dispositions identified by researchers as important to study. As such, there is an increasing need for researchers to understand whether and how conceptually similar “positive” dispositions are actually unique, an issue that may not be unique to positive psychology but has worsened with the field's prominence. The current manuscript provides a roadmap for one approach to differentiating conceptually close constructs in psychology, with examples couched within positive psychology. We will discuss the importance of combining quantitative and qualitative inquiries, as well as the adoption of techniques from multiple psychology disciplines, in order to better distinguish characteristics frequently studied in positive psychology.