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How to Get Rich From the Wolf of Wall Street | Jordan Belfort
Jordan Belfort shared his advice on running a business and the rules he uses to hire, manage and fire people. He’s recently written a book about how to invest without getting scammed that seems to be full of extremely reasonable information for the average person. Hint - avoid money managers. If you want to learn about long term financial planning, as well as how to optimize business operations, this is a handy episode.
Jordan Belfort is an author, motivational speaker, and former stockbroker. In 1999, he pleaded guilty to fraud and related crimes in connection with stock-market manipulation and running a boiler room as part of a penny-stock scam. After 22 months in prison, he published a memoir, The Wolf of Wall Street, which was adapted into a film starring Leonardo DiCaprio. Jordan now uses his experiences to teach people how to make and maximize their money.
Jordan’s book, The Wolf of Investing: My Insider’s Playbook for Making a Fortune on Wall Street, can be purchased here: https://www.amazon.com/Wolf-Investing-Playbook-Making-Fortune/dp/1982197056/
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TikTok: https://www.tiktok.com/@wolfofwallstreet
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—Chapters—
[00:00] Intro
[01:01] The rules of money and business that have driven Jordan’s success
[06:23] Can anyone learn the skills needed to be successful in business?
[10:36] The importance of focusing on both the inner game and the outer game
[15:47] What does it take to effectively communicate your expertise in business?
[18:13] One of the most common mistakes business owners make that sabotage their success
[24:18] 6 key strategies for managing employees, including when to fire someone
[30:58] Why the stock market “experts” are costing rather than making you money
[35:54] The #1 rule anyone can use to accumulate wealth in the stock market
[35:08] The secret to building wealth in any economy
[42:55] Why is having a money manager the norm if they don’t actually make you money?
[46:13] The ultimate investment advice for beating the market on a consistent basis
[50:18] The one reason to hire a financial planner and the advice you should run from
[53:19] When you’re looking for help in business, how do you avoid getting scammed?
[54:40] The potential landmines in real estate investing and how to avoid them
[58:10] Is Wall Street promoting the woke agenda?
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