How to Get Rich From the Wolf of Wall Street | Jordan Belfort

The Mikhaila Peterson PodcastPublished November 14, 2023

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.

Chapters

  1. 0:00Intro
  2. 1:01The rules of money and business that have driven Jordan’s success
  3. 6:23Can anyone learn the skills needed to be successful in business?
  4. 10:36The importance of focusing on both the inner game and the outer game
  5. 15:47What does it take to effectively communicate your expertise in business?
  6. 18:13One of the most common mistakes business owners make that sabotage their success
  7. 24:186 key strategies for managing employees, including when to fire someone
  8. 30:58Why the stock market “experts” are costing rather than making you money
  9. 35:08The secret to building wealth in any economy
  10. 35:54The #1 rule anyone can use to accumulate wealth in the stock market
  11. 42:55Why is having a money manager the norm if they don’t actually make you money?
  12. 46:13The ultimate investment advice for beating the market on a consistent basis
  13. 50:18The one reason to hire a financial planner and the advice you should run from
  14. 53:19When you’re looking for help in business, how do you avoid getting scammed?
  15. 54:40The potential landmines in real estate investing and how to avoid them
  16. 58:10Is Wall Street promoting the woke agenda?