Jordan Belfort Trained an AI to Sell Like Him 🤖 E161
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What are the three core topics covered in this episode?
Ladies and gentlemen, welcome to a very special edition of the Money Mondays podcast where we cover three core topics. How to make money, how to invest money, how to give it away to charity. As you guys know, these podcasts run under 40 minutes for your listening pleasure because the average workout is 45 minutes. The average commute to work is 45 minutes. This episode will be between 34, 38 minutes. So it's nice and easy for you. Keep in mind, these podcasts are not just for you. It might be for a friend, family, or a follower. It also might be for someone from your past, present, or future. It might be four months from now. And you remember something that you heard on this episode and you share with your friend that might change their life.
So without further ado, we're gonna dive right in. I'm gonna have my dear friend who I actually was on podcast number one of his podcast years and years ago. Very excited to have him here. Mr. Jordan Belfort, the Wolf of Wall Street. Give us the quick two minute bio so we can get straight to the money.
A bio.
Two-minute bio.
Wow. You know, I think everyone knows my story really well, right?
Number one Scorsese movie of all time.
Yeah. So, yeah, I mean, I guess, you know, everyone knows what happened. I built a massive firm in my 20s. It was a long time ago. And behind all that success was really one thing, was I invented a system of sales and persuasion that allowed me to train a bunch of kids who were... you know, barely acquainted with the razor blade, you know, not overly intelligent, so to speak, right? Not the dumbest people in the world, but let's say they weren't rocket scientists and they didn't have a lot of natural sales ability. And this system allowed them to become world-class closers very, very quickly. And- That, along with a niche in the market I discovered, which was selling $5 stocks to the richest 1%, the two things combined was like gasoline on the fire, and the firm became the largest firm of its kind in the country very quickly.
while I was still 25, 26 years old. And then of course, as everyone knows, I lost my ethical way, right? Ended up getting indicted, go to jail. I write this book about my experience. The book becomes a massive success. And then it gets made into a movie with Leo. And along the way, you know, the one thing that really emerged from all this was the straight line system, right? That was behind it. So I started teaching that around the world and It's changed millions of people's lives. I can't walk down the street without someone coming up to me saying, oh, my God, I read your book. I watch your stuff. It changed my life, which is amazing. But, of course, also behind this was entrepreneurship. How do you start a business?
How do you build a business? How do you run a business? How do you scale? And those are the things I teach when I mentor people. And I live it every day of my own life because I run businesses myself.
Right.
Okay. On the make money side, what do you think holds people back from making money? Is it a limiting belief that just don't get started? Are they scared?
I think it's, you know, yes, but sometimes the belief is actually correct. Interesting. Like they don't know how to make money. Like I think there's two sides to it. Right. So, uh, the brain is a really smart organ. And it always future paces. It's always analyzing what's the best possible thing that can happen if I take action, what's the worst thing that can take action. So for example, someone like you, a serial entrepreneur, when you're thinking about an idea and you're contemplating, well, should I put in all the hard work Should I actually immerse myself to have to learn whatever specialized skills I need to learn to succeed in that particular business? There's always going to be some skills, right?
If I do that, can I really see myself succeeding? Do I have what it takes to succeed? Or do I lack the ability to succeed and is just, you know, I really don't know what I'm going to, I don't know what to do first, second.
How does Jordan Belfort define the ultimate life skill?
I don't have the skills, the connections.
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Chapters
8 chapters
1
What are the three core topics covered in this episode?
0:05–3:45
2
How does Jordan Belfort define the ultimate life skill?
3:45–6:56
3
What strategies does Gavin Navarro use to turn relationships into opportunities?
6:56–7:57
4
What is the 40/40/20 framework for investing?
7:57–12:33
5
Why is charity important for personal and corporate reputation?
12:33–19:11
6
What percentage of net worth should be left to family according to Jordan Belfort?
19:11–22:13
7
How can someone start making money with their connections?
22:13–33:09
8
What role does AI play in the future of business according to the guests?
33:09–1:05:12
Speakers
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