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Jordan Belfort’s reasons for success and failure

One of the funniest books I have read this year by far was The Wolf of Wall Street by Jordan Belfort. The book details Jordan’s rise to wealth (and subsequent fall that sent him straight into prison) as the owner of the notorious brokerage firm Statton Oakmont. At one time his book was optioned with Martin Scorsese and Di Caprio attached, and it also inspired the film Boiler Room. Despite eventually going to prison for free riding, Jordan’s leadership and business acumen are undeniable.

In this video, he talks about some of the main things he believes helped him to attain his immense wealth and expanding business. Most importantly he speaks about reasons for his downfall, and he reflects on his view of business ethics.

To learn more about these “tiny imperceptible steps” he mentions, read the book. His wild behavior is hilarious [Read more...]