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Way of the Wolf

Jordan Belfort

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What is Way of the Wolf about?

The sales system Jordan Belfort actually used. After his Wolf of Wall Street years, Belfort distilled his Straight Line method into a book: tonality, body language, the four-second rule, looping objections. Polarizing, honest, and one of the most operationally detailed sales books ever published.

Key ideas of Way of the Wolf

  1. The Three Tens Framework

    Every sale requires three certainties to be high at once: belief in the product, trust in the salesperson, and trust in the company.

  2. Logic and Emotion Together

    Prospects buy on emotional certainty and justify with logic, so both tracks must be built simultaneously or the sale collapses.

  3. Looping Through Objections

    Nearly all objections are smoke screens for low certainty, and the looping technique identifies and addresses the real underlying hesitation.

Read an excerpt from the summary

Way of the Wolf: Straight Line Selling Jordan Belfort (2017)

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The Night a Broken Whiteboard Changed Everything

It is a Tuesday evening in 1988, and Jordan Belfort is standing at the front of a cramped boardroom in Long Island, staring at twelve brokers who look like they might riot. They are young, barely educated, mostly broke. Four weeks earlier, Belfort had made the call that changed everything: Stratton Oakmont was done cold-calling ordinary people about penny stocks. From now on they would pitch blue-chip ideas to America's wealthiest 1 percent. The math was beautiful. One wealthy investor could move as much capital in a single trade as a hundred small-account clients. The commissions would be extraordinary.

They knew this because Danny Porush had already proved it. On the fifth day of the experiment, Danny had walked into Belfort's office holding a single buy ticket. His commission on that one trade: $72,000. More than the average Strattonite earned in six months of grinding penny-stock calls. Belfort looked out at the boardroom, at those cheap wooden desks and gray monitors, and knew instantly that the firm would never sell a penny stock again.

There was only one problem. He could not teach it.

For a full month, Belfort had tried everything. He read sales books, listened to training tapes, flew to Los Angeles for a three-day seminar billed as the world's best. He came back empty. The uncomfortable truth he landed on: his own system was already more advanced than anything else available, and it still was not working for his people. Danny and Jordan were closing at high rates. The Strattonites had not opened a single new wealthy account. Not one. In four weeks.

Who is it for?

About the author: Jordan Belfort

Jordan Belfort is an American former stockbroker and the founder of Stratton Oakmont, a Long Island brokerage firm that became one of the most profitable and most criminally prosecuted operations in American financial history. He pleaded guilty in 1999 to securities fraud and money laundering, served 22 months in federal prison, and was ordered to pay over $110 million in restitution to defrauded investors.

After his release, Belfort rebuilt his career as a sales trainer and speaker, distilling the selling methods he had developed at Stratton Oakmont into the Straight Line System. Martin Scorsese adapted his story into the 2013 film starring Leonardo DiCaprio. Way of the Wolf, published in 2017, is his most complete account of the system.

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