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Stashed ideas

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Top business lessons to take away
  • Have a vision in mind, and let that steer your decisions. Belfort didn’t get rich by accident.
  • Sell Yourself. Belfort acted powerful and wore fancy suits, and people saw him as confident and successful. 
  • Find A Specialty.
  • Adjust And Perfect Your Strategy, Then Keep At It. Belfort came up with a strategy that worked for his target demographic, and he tweaked it until it worked perfectly.
  • Train People Well. He was able to train otherwise clueless people to sound like knowledgeable and experienced stock brokers.
  • Try, Try Again. Even Belfort managed to bankrupt his own small business before he went to Wall Street.
  • Provide A Solution. As Belfort himself explained, “At a certain point, one of the questions I always ask is, ‘What is your greatest headache right now?’” Find out how you can help your customers and then do exactly that.
  • Keep Employees Happy.
  • Take Your Time if you’re offered a deal and you’re hesitant.

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Attachment and control

With attachment comes a very strong urge to control the circumstances.

You put yourself at risk by investing so much of yourself into something,  unwilling to believe that there is a tiny chance that it might not quite work out the way you plan.

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