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The Playbook With David Meltzer

Sales Strategy & Success with Jordan Belfort

The Playbook With David Meltzer

David Meltzer, Entrepreneur.com

Careers, Business, Entrepreneurship

4.91.9K Ratings

🗓️ 3 November 2023

⏱️ 17 minutes

🧾️ Download transcript

Summary

Today's episode is from a conversation I had in 2019 with Jordan Belfort, famously known as 'The Wolf of Wall Street.' We dive into the nuances of sales, highlighting how I made $1 Million in 9 months using my Five to Thrive sales method and the effectiveness of imitation in mastering sales techniques. We also shed light on the unconventional yet profound impact that optimized sleep has on productivity, providing insights on how to condition oneself for restful slumber and energy-rich days. Together, we examine the subconscious's role in selling and offer actionable advice on leveraging fear to sharpen focus and enhance sales performance. Tune in for essential strategies to amplify your sales prowess by refining your mental and physical habits.

Transcript

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0:00.0

I walk into a place, I'm going to light it up, and they're going to be so confident by

0:04.0

my frequency that they're going to make $100 and only have to pay me 20.

0:08.8

This is Entrepreneurs, the Playbook, where each week I bring you some of the greatest athletes, celebrities, and entrepreneurs

0:16.2

to talk about their personal and professional playbook to success.

0:20.5

You have to have a lens of how much value am I bringing.

0:23.0

To stimulate interest, you need to know one ask in sales.

0:26.0

Do you know anybody that can help me?

0:27.0

To close, it's can you see any reason why you won't want to move forward?

0:30.0

There's these natural-born closer types, then you have people are just

0:33.9

terrible and let's just call communicators. It was very simple to ask open-ended

0:39.6

questions, to get alignment and emotional attachment, and then use closed-ended questions,

0:44.1

like a lawyer, to lead them right to the value.

0:46.2

When I became a student, a student of selling,

0:49.4

Mark Bosworth in San Diego's solution selling,

0:51.6

SPI ended up buying them,

0:53.4

solution selling changed my life.

0:56.0

Understanding, so after law school working at West Publishing,

1:00.4

yeah, early 90s.

1:01.6

And what I learned, and it fit right into my legal background, right, was it was very

1:06.2

simple to ask open-ended questions to get alignment and emotional attachment, and then

1:12.3

use closed-ended questions like a lawyer to

1:14.5

lead them right to the value so that you could answer one quick question.

...

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