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Jordan Belfort - The Wolf of Walstreet | Quit being average (Motivational video) - YouTube
Channel: MOTIV8
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jordan belfort became one of the most
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successful stock brokers ever
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but behind all the money lied dark
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secrets
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in 1999 he pled guilty to fraud and
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other stock market related scams
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what would be the end of the line for
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most people turned out to be a new
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beginning for belford
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after writing his memoir the wolf of
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wall street he became a successful
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motivational speaker
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using his mistakes and life lessons to
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help people around the world whatever
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the situation he never gave up on
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himself
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and that quality which made him able to
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change his life completely more than
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once
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was present from a young age
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so i was on middle class middle lower
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but not lower class the middle so we had
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enough money to know how little that we
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had in other words so and also we were
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in proximity to wealth long island so it
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was always about one day when we get
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rich as kids we'll move out to long and
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a big house and really will arrive and
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then you know maybe a half hour was the
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big houses in the area right or the
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bayside gables where the rich people
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live right so that was yes a very very
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similar upbringing in that sense so yes
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i always i always sort of felt like that
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was my path focus very money-centric
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success-oriented way of thinking and
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the time i think you know i always had a
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business paper out at eight you know
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shoveling driveways at the snowstorms at
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ten children's magic shows at 12 and
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then the beach selling ice i really made
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big money that really defined who i was
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by the time i started selling isis and i
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made that first big hit a couple hundred
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bucks a day back in the 70s a lot right
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20 thousand dollars yeah it was massive
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it was unbelievable it was unbelievable
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did your self-esteem tick up a few
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notches
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absolutely
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not just my self-esteem my beliefs about
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myself
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and taking action my beliefs about
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about
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self-reliance and resilience so it
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really started really forming the adult
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version of who i was that like to this
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day i would never consider like how
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could i not be successful because i'll
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just i'm not going to stop until i am
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that sort of believing the harder i work
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the more money i make versus how i was
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at 10 minutes go work in the skating
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hall and like you know sit there wait
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for your butt i'll die i'll kill myself
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like i'll be the worst busboy in the
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world because i'll be asleep try and i'm
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not picking up that plate because it's
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not it's not like a sort of profit
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versus energy out you get it so i
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realized who i was i found myself pretty
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young and because of those root beliefs
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i had about myself taking action it
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paved the way for all decisions going
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forward
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be an entrepreneur not just in business
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but in life
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when you stop looking at life from the
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perspective of a victim of the
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circumstances you start to realize the
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potential you have to get everything you
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want
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you just have to try different things
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until you find the one that works the
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most and keep at it
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be bold
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take action and worry about making
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things work after you start
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if you wait for the right time it will
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never come
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you will never feel prepared
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you just have to venture into the
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unknown anyway and start to shape your
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life
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i had some very tough years really i was
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had some really tough years the toughest
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years for me 2000 but 1999. you're out
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of out of jail at this point before jail
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before jail oh yeah of course waiting to
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get sentenced and just like living in
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this purgatory and you're losing my
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money my freedom my self-respect my wife
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walked out i was like she left like the
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day i got and died i'm like and we
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didn't tell the kids and then before i
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had to report to jail a few years later
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um there's always a lot the u.s is like
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takes time to get to go to jail right so
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um we sat my kids down and you know you
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know daddy made some mistakes and
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yesterday my daughter started
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bawling hysterically she was down nine
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it was the worst night of my life
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honestly telling my kid my son was seven
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and they're just crying hysterically and
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then we we had it was the night before i
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went to jail
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and then we you know we all slept in one
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bed together my my two kids and i and
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the knife and then i left and that was
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that and then i was in jail and then
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when i go to jail who's my bunkmate
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tommy chong from chichen chang
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can you imagine this so we should so
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they put me in with tommy chong
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and
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not on the same child the same cell
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would share a cube together right and we
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became good friends and um
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there's not much to do in jail but tell
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stories so you know tommy's telling me
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stories i'm laughing and i'm telling him
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so he's rolling on the floor the third
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night he says you know honestly i
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thought you were full of i thought
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you were making this stuff up the yacht
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cause my wife googled you it's actually
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true you did all this because you have
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to write a book so i was like really
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he's like yes write a book
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i'm like well i don't know how to write
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let's just write the way you speak
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it's like okay so i tried that it didn't
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work you don't you can't write the way
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you speak it's very different they don't
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translate right you wrote like 100 pages
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in prison and you threw it away right
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well what happened was i i started
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writing like 10 pages and i showed them
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to tommy he's like that's really awful
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like oh thanks tommy told me you really
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think right so i at first i couldn't
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write it was just very dry and boring
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then i went into the prison library
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after a month of trying and failing and
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very frustrated i stumbled upon the book
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bonfire of the vanities by tom wolf yeah
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from joy you've read right yeah and as
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soon as i started reading like oh my god
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i want to write like that so i finished
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the book and i took out my yellow
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highlighter
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i was a very good student in school very
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you know so he was well academically and
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i used this book like a textbook and i
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started going through and cracking tom
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wolf's strategy for writing how does he
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introduce characters how does he
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describe locations how does he create
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unnoticing it was certain like i never
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even considered the word had h.a.d like
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i said oh now i know why my sentences
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don't make sense because i want to
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discuss the past past i got to use one i
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didn't realize this stuff there's a
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strategy for writing like i think some
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of the mistakes that people make in
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becoming successful they forget the fact
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that it's typically a specialized
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skill set involved if you want to
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succeed in something you have to learn
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the actual skills so i had this idea i
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wanted to write a book i have a vision
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if i write this book it can become a
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great thing
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okay great but what specialized skills
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do you need to know one of them is how
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to write
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i didn't know so i used this book i
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taught myself to write them my second
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book was fear and world in las vegas
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that was my second textbook right and my
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writing improved dramatically because of
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those books and i wrote about 100 pages
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as you said then i ripped them up and if
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they were good enough got out of jail
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wrote 10 pages again now and when i look
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at these 10 pages it's like 2005 and i'm
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like wow i'm like i think they're pretty
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good
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whatever you need to do there's already
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a process to do it
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you have to study the best way to do
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something take action then take a moment
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and analyze what you're doing what could
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you do better
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which people can you emulate or take
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advice from
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reflect on these things and try again
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now your result will be better
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but it won't still be the best it can be
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repeat the process all over again
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and again
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and again
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until the result is something you're
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really proud of
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until it is something you know will make
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the world go ah
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i'm glad i went to jail i'm not stupid
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in retrospect now the life that that
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getting caught and forcing to re-examine
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my values and forcing to come back has a
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allowed me to help people all over the
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world it's allowed me to really to build
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a business
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that i
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love
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um that you know i can make a difference
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in people's lives everywhere and also
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for my own kids to see that watch that
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game just like how did your kids say my
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kids are great you know why because they
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watch their father lose everything and
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not give up and come back and do it
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right i would have
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come out of jail and been a criminal
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still let me just what's the next
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scandal yeah my kids are probably very
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much damaged but for them to watch and
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if that say i made a mistake and and do
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it right that's a great role model to
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your kids everybody makes mistakes
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but sometimes your mistakes can be
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really bad
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they can hurt people and ruin your life
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however
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no matter how big your mistake is there
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is always
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a way to make a difference from it
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you won't be able to erase what you have
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done
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or the hurt you caused but you can
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become a better person
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and you can give something back to the
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world
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atone for your mistakes
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transform them into good actions and the
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light you can shine to the world
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you know when you go to jail and you
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lose like it's losing the game of life
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you know they always say you know your
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values don't really change that easily
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unless a disaster happens i was forced
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to re-examine my value system
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my number one value in my 20s was how do
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i make more money i want to make money i
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want power money hot women sex money
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power right that was and i'm not alone
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like that in my 20s but that was my
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values right
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today like that like making money is not
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even my top five values and i love money
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more than ever i just because i know i
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don't have to worry about that if i just
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give value to people i possess the
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skills to turn it into a profitable
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business the more value i give the more
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people i reach the more money i make
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when you provide value
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success comes right back at you
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what goes around really comes around and
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if you're putting effort to provide
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value to the world value will come back
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right at you
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[Music]
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