Jordan Belfort is an American author, motivational speaker and former stockbroker. Who committed the crime of stock market manipulation in 1999.
His full name is Jordan Ross Belfort. He was born on July 9, 1962 in New York City, United States.
Belfort’s parents Max Belfort and Leah Belfort are both accountants.
When Jordan was about to start college after completing high school. He started his business selling Italian ice from styrofoam coolers with his friend Elliot Loewenstern on a local beach.
Both of them earned around $ 20,000 from this business.
After this Jordan did his college from American University. And earned a degree in biology. After obtaining a degree, Jordan took admission at the University of Maryland School of Dentistry.
But when the Dean of that school told him that if you are studying here just to earn a lot of money, then this is Wrong Place for you.
So he quit his studies and started a business selling door-to-door meat and seafood in Long Island. He hired many workers to grow this business. And Belfort sold about 2,300 kilograms of beef and fish in just one week.
His business was going very well but suddenly he got a very big loss. And he filed bankruptcy at the age of 25.
After failing in business, one of his family friends gave Jordan a Trainee Stockbroker job in an investment banking firm named L.F. Rothschild.
After understanding the stock market, he started his own firm named Stratton Oakmont. Initially, he started the firm as a franchise of Stratton Securities.
Jordan Stratton markets penny stocks through Oakmont. In this way, he created a boiler room. And thus he deceives investors with “pump and dump” type stock sales.
Jordan made a lot of money by tricking many investors. But along with this, his lifestyle has also changed a lot. He started going to many lavish parties and started consuming recreational drugs as well.
And at one time there were about 1,000 stockbrokers working at Stratton Oakmont and buying and selling stocks worth more than about $ 1 billion.
But in 1996, its truth was revealed to the people. So he shut down the firm. In 1999, Belfort and his associate Danny Porush were found guilty of money laundering and securities fraud.
In this, Jordan Belfort was sentenced to 22 months in prison. But in prison he changed himself completely. During that time he wrote two books. It had one The Wolf of Wall Street and the other self-help book entitled Way of the Wolf.
During jail sentence, He transformed himself into a motivational speaker. He completed both these books after publish. And out of this, the Wolf of Wall Street book became so famous that a movie was also made from it.
In his Motivational program, he tells people about ethics, sales skills, entrepreneurship and business and awakens people.
After prison time, he improved himself, which has made him a successful person. Today he is 58 years old and his net worth is around $2 Million.
We get to learn from his life that even after many failures and difficulties, we can change ourselves and improve and become a successful person.
Jordan Belfort Quotes :
“The only thing standing between you and your goal is the bullshit story you keep telling yourself as to why you can’t achieve it.” – Jordan Belfort
Act as if you’re a wealthy man, rich already, and then you’ll surely become rich.” – Jordan Belfort
“When you do something, you might fail. But that’s not because you’re a failure. It’s because you have not learned enough. Do it differently each time.” – Jordan Belfort
“I’ve got the guts to die. What I want to know is, have you got the guts to live?” – Jordan Belfort
“Act as if you have unmatched confidence and then people will surely have confidence in you.” – Jordan Belfort
“There’s no nobility in poverty.” – Jordan Belfort Quotes
“When you live your life by poor standards, you inflict damage on everyone who crosses your path.” – Jordan Belfort
“You don’t choose who you fall in love with, do you?” – Jordan Belfort
“If you want to be rich, never give up. People tend to give up. If you have persistence, you will come out ahead of most people.” – Jordan Belfort
“Winners use words that say ‘must’ and ‘will’.” – Jordan Belfort
“Successful people are 100% convinced that they are masters of their own destiny , they’re not creatures of circumstance, they create circumstance.” – Jordan Belfort
“Give yourself no choice but to succeed.” – Jordan Belfort Quotes
“The logical mind serves as a human bullshit detector.” – Jordan Belfort
“In terms of the split between logic and emotion, you’re always going to build airtight logical cases first and airtight emotional cases second.” – Jordan Belfort
“Use power words because power words go a very long way to capturing someone’s attention and establishing yourself as an expert.” – Jordan Belfort
“At some time do not try to resolve pain, amplify that pain.” – Jordan Belfort
“Each mistake you make will have a negative impact on your ability to gather intelligence.” – Jordan Belfort
“When a man faces another man, it creates for many a feeling of conflict and hostility, and it instantly takes the men out of rapport.” – Jordan Belfort
“If you give me 1 percent of your trust, I’ll earn the other 99 percent.” – Jordan Belfort Quotes
“Eye contact is very important because if you don’t make eye contact at least 72 percent of the time, people won’t trust you.” – Jordan Belfort
“Pain creates urgency, which makes it the perfect vehicle for closing these tougher sales.” – Jordan Belfort
“Enthusiasm makes a massive impact on someone emotionally, and it’s one of the earmarks of sounding like an expert.” – Jordan Belfort
“There are always patterns in everything. You just need to pay attention to them.” – Jordan Belfort
“I believe in total immersion, if you want to be rich, you have to program your mind to be rich.” – Jordan Belfort
You need to see things as they are, not worse than they are, than see them better than they are and make them that way.” – Jordan Belfort
“Whether you say, ‘I can’ or ‘I can’t,’ you’re right either way.” – Jordan Belfort Quotes
“Dream stompers are people who want to stomp on your hopes and dreams. Lose their phone numbers.” – Jordan Belfort
“Everything that has happened to you up to this point is irrelevant. It’s your past.” – Jordan Belfort
“Best way to sell something: don’t sell anything. Earn awareness, respect and trust of those who might buy.” – Jordan Belfort
“If you give people a good enough ‘why’, they will always figure out the how.” – Jordan Belfort Quotes
“If you try and fail, people will praise you for trying. If you fail to even try people will ignore you.” – Jordan Belfort
“Money doesn’t just buy you a better life, better food, better cars, better pussy — it also makes you a better person.” – Jordan Belfort
“You are not the mistakes of your past, but the resources and capabilities that you have gleaned from your past.” – Jordan Belfort
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