Jordan Belfort is a notorious stockbroker from the 1990s who saw himself earning fifty million dollars a year operating a penny stock boiler room at his brokerage firm Stratton Oakmont, Inc. Corrupted by drugs, money and sex, he went from an innocent twenty-two year old on the fringes of a new life to a manipulator of the system in his infamous “pump and dump” project. As a stock scammer, he motivated his young brokers with crazy presentations to rile them up as they defrauded investors with deceptive stock sales. Towards the end of this debauched affair, he was convicted of securities fraud and money laundering for which he was sentenced to twenty-two months in prison as well as two hundred million dollars in compensation. in restitution to all defrauded stock buyers of his stockbroking company (A&E Networks Television). Although his lavish spending and wild partying lifestyle were consumed by excessive greed, he showed both positive and negative aspects of business communication. Before being farmed on cocaine and prostitutes as his key to success on Wall Street, Jordan Belfort demonstrated the undeniable benefits of positive business activity. communications. One of them concerns the effectiveness of telephone correspondence with customers. Especially for stock brokers, having a conversation over the phone is essential when trying to sell a stock to a potential investor. Jordan Belfort began his approach to a potential client by stating his name, where he was from and what he had to offer. It was a method of gaining the trust of a client he did not know. Additionally, he approached the customer with an optimistic attitude and explained how the stock could affect him in the best possible way. Jordan could...... middle of document ......In conclusion, learn from your mistakes, remember what talents got you to where you are today and success will eventually come along the way .Works citedBelfort, Jordan. The Wolf of Wall Street. New York, NY: Bantam, 2007. Print. Flatley, Marie, Kathryn Rentz and Paula Lentz. Business communication. New York: McGraw Hill/Irwin, 2012. Print. “Biography of Jordan Belfort”. Bio.com. A&E Networks Television, and Web. February 15, 2014. “Jordan Belfort Quotes. » Jordan Belfort Quotes (Author of The Wolf of Wall Street). Np, and Web. February 13, 2014. “Memorandums.” The free dictionary. Farlex, and Web. March 29, 2014. "Securities And Exchange Commission - SEC." Investopedia. Np, and Web. March 28, 2014. The Wolf of Wall Street. Real. Martin Scorsese. Perf. Leonardo DiCaprio, Jonah Hill, Margot Robbie and Matthew McConaughey. Red Granite Pictures/Paramount Pictures, 2013. Film.