Six business lessons from The Wolf of Wall Street - remarkably there are some - SmartCompany
Donnie Azoff wanted to work for DiCaprio’s Belfort, despite having no experience, but Belfort spies his hunger for money and takes him on. He trains him to lead a ‘wolf pack’ of hard-hitting sales gurus.
This becomes his hiring technique – gathering people with potential rather than impressive CVs.
SIMILAR ARTICLES & IDEAS:
... means they will do anything for your company.
Belfort had strong individual relationships with his employees, outside of the context of work. This led to more respect for him and a...
... because of past issues.
Jordan Belfort took a chance on a handful of employees that were in dire situations. Despite past misconduct or lack of experience, he looked at personality and work ethic when making decisions.
As a result, he hired many of the "wrong types" of people. These people did great work for him, and felt indebted for the opportunity. It teaches to look beyond a resume or a few key signals when making hiring choices.
Social gatherings are a great way to build company culture. Stratton Oakmont was extremely creative about the events that they had. These activities created a stronger bond between people at the company and offered a fun, social outlet.
Company get-togethers do not have to be as morally wrong as Stratton Oakmont's were to accomplish the same thing. Rather, it takes extra creativity and effort from a company.