Straight Line Sales - Jordan Belfort

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May 9, 2010 11:50 pm

I attended a seminar with Jordan Belfort last week. It was pitched at Investment Professionals in Perth, Australia. Here is a bio on the guy:
http://en.wikipedia.org/wiki/Jordan_Belfort

I'm not normally one for sales seminars and the like. However, this one interested me. I googled his course, but i couldn't find anything about it. Has anyone here had an experience with this guy?

Any feedback would be greatly appreciated.

May 10, 2010 11:58 pm

Ummm you are kidding right.. The guy convicted of securities fraud and running a boiler room

May 11, 2010 12:45 am

Yeah he's also got some motivational videos on youtube, sponsored by Virgin Australia:http://www.youtube.com/watch?v=EGNeUuKHcCw&feature=channel

Hey by the way, mays I ask you what the industry is like in Australia? Is it more similar to the UK, with IFA's and stuff rather than RIAs?

What are the qualifications necessary?

What about the brokers?

Cheers

May 11, 2010 2:24 am

Yeah, I am aware that he was/is a really bad guy for running a boiler room & scamming investors out of about $260 million. The product he was selling was the problem (penny/manipulated stocks), however the system he used to sell this product obviously worked. I want to separate the ethical debate from the sales system which i'm asking for information on.

Objectively, have you used the Straight Line Sales System and do you find it works?