Jordan Belfort’s Rules

Jordan Belfort is a former stockbroker, author and motivational speaker. Publisher of the memoir, “The Wolf of Wall Street,” his success, perseverance and unique approach has gained him international moiety.
His memoir, subsequently adapted into the film “Wolf of Wall Street” has made him the subject of tremendous media attention and gained him an incredible following. He hosts motivational speaking seminars covering business approaches and thinking techniques that allow his system of business management to be passed on to future aspiring professionals.
His seminar covers his business model, the “Straight Line System” in comprehensive and down-to-Earth terms. Whether people agree or disagree with Jordan and his life story, they certainly must tip their hat to his accomplishments and legacy.

1.Take action:
Before Jordan enrolled in college, he managed to earn $20,000 working independently selling Italian ice at local beach to beach goers and sightseers. Think carefully about finding a need and filling it. Keeping your eyes and ears open to opportunity will get you a lot further than trying to follow in the footsteps of others and fit an existing criteria.

2. Learn how to sell:
After Jordan graduated from the American University with a degree in, of all things, biology, he began to realize that a degree is not nearly as important as what you do with it. When you have the credentials and backdrop needed to enter the corporate world, it does not automatically mean that you will be a valued employee. You must think about how to sell, what you are selling and market yourself and your ideas with conviction. Jordan’s sales and marketing experience was wide-ranging long before his days as a stockbroker. He began selling at independent food stands and door-to-door sales gigs. From Italian ices to door-to-door product sales of seafood and meat, he honed his skills at selling. No matter what the industry, it is an important skill for anyone to have. Think about how to generate interest and excitement for the good or service you are providing.

3. Start being unconsciously competent:
Sometimes we are not fully aware of the knowledge we are gaining or the skills we are developing. There is seldom a moment we think to ourselves, “yes, I’m competent.” However, what we do every day will build up to a collective database of knowledge and applied principles.

4. Have high expectations and goals:
Don’t be afraid to set the bar high. With higher expectations, we can work harder to ensure a better outcome. Jordan’s first business began with only several employees. Selling fish and beef through door-to-door sales was hardly an illustrious start. However, he kept his long-term goals in mind through success and failure. “When you live your life by poor standards, you inflict damage on everyone who crosses your path, especially those you love.”― Jordan Belfort

5. Have a vision:
Though Jordan’s first business failed and he was forced to file for bankruptcy at the age of 25, he continued his pursuit. Failure is a part of life. It is what you do about it that determines your long-term outlook. Having a vision past current circumstance is important when working towards any goal.