Jordan Belfort is the infamous 1990s stockbroker who saw himself earning fifty million dollars a year by running a boiler room of penny stocks from his stock company brokerage Stratton Oakmont, Inc.. Corrupted by drugs, money and sex, he went from being an innocent twenty-two year old on the edge of a new life to manipulating the system in his infamous "pump and dump" scheme. Being a stock swindler, he motivated his young brokers through crazy presentations to annoy them while defrauding investors with fake stock sales. Towards the end of this tale of debauchery he was found guilty of securities fraud and money laundering for which he was sentenced to twenty-two months in prison and to pay restitution of two hundred million dollars to all the defrauded stock buyers of his brokerage firm (A&E Networks Television ). Although his lavish spending and fast-paced lifestyle were consumed by excessive greed, he displayed both positive and negative aspects of business communications. Before he was cultivated with cocaine and prostitutes as the key to success on Wall Street, Jordan Belfort demonstrated the incontrovertible benefits of positive business. communications. One of these concerns the effectiveness of telephone correspondence with customers. Especially for stockbrokers, having a phone conversation is crucial when trying to sell a stock to a potential investor. Jordan Belfort began his process with a prospect by stating his name, where he was from and what he had to offer. This was a method of gaining the trust of a customer he didn't know. Furthermore, he engaged the customer with an optimistic attitude and explained how the stock could affect him in the best possible way. Jordan could...... middle of paper ...... Bottom line, learn from your mistakes, remember what talents got you where you are today, and success will eventually come along the way. Works Cited Belfort, 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. "Jordan Belfort Biography". Bio.com. A&E Networks Television and Web. February 15, 2014. "Jordan Belfort Quotes." Quotes by Jordan Belfort (author of The Wolf of Wall Street). Np, nd Web. 13 February 2014. “Memorandum.” The free dictionary. Farlex and Web. March 29, 2014."Securities and Exchange Commission - SEC." Investipedia. Np, nd Web. March 28, 2014. The Wolf of Wall Street. Directed by Martin Scorsese. Perf. Leonardo DiCaprio, Jonah Hill, Margot Robbie and Matthew McConaughey. Red Granite Pictures/Paramount Pictures, 2013. Film.