There are many leadership traits and two types of leadership styles. The wolf of wall street shows us many of these traits. We are shown what it is to be a leader and the personality traits “The Wolf” used to become a success. But let us start at the beginning. what is a leader? A leader by Webster’s definition is the person who leads or commands a group, organization, or country. According to Mr. Belfort’s book wolf of wall street “leadership is based on 4 principles, the vision, management, breaking limit beliefs, and employing strategy”. If you’re thinking you know that name from somewhere your correct, Mr. Belfort is the Wolf of Wall Street. Belfort created a million-dollar company by selling penny stocks to the wealthiest men in US.
There …show more content…
However, what makes a good manager is open to debate. There are many types of different management styles as stated by professor Addae. According to Belfort “The way you feel in a moment can have a great impact on your performance. If you are angry, negative or moody you will not be able to access your own resources and, most likely, underperform.” Therefore, what makes a good manager is someone who is in control, and not just of people around them but of themselves. Only someone who is in control of themselves can be in control of a …show more content…
How you meet those goals is Jordan’s last principle. He calls it “employing a strategy.” He states “You need to employ a strategy that give people massive amounts of value.” Having a plan and more importantly one that people will want to follow requires strong leadership skills. Mr. Belfort was able to build his wealth and implement a strong business plan that made himself and his employees rich.
In the end, Jordan Belfort was a strong transformational leader. He was able to bring out the best in his employees and infected everyone around him with a greatness. However, Jordan also used his power of persuasion to act immorally, unethically, and his entire operation suffered. We should learn from Jordan Belfort as an example of how to inspire, how to lead, and how to not act when faced with ethical and moral
There …show more content…
However, what makes a good manager is open to debate. There are many types of different management styles as stated by professor Addae. According to Belfort “The way you feel in a moment can have a great impact on your performance. If you are angry, negative or moody you will not be able to access your own resources and, most likely, underperform.” Therefore, what makes a good manager is someone who is in control, and not just of people around them but of themselves. Only someone who is in control of themselves can be in control of a …show more content…
How you meet those goals is Jordan’s last principle. He calls it “employing a strategy.” He states “You need to employ a strategy that give people massive amounts of value.” Having a plan and more importantly one that people will want to follow requires strong leadership skills. Mr. Belfort was able to build his wealth and implement a strong business plan that made himself and his employees rich.
In the end, Jordan Belfort was a strong transformational leader. He was able to bring out the best in his employees and infected everyone around him with a greatness. However, Jordan also used his power of persuasion to act immorally, unethically, and his entire operation suffered. We should learn from Jordan Belfort as an example of how to inspire, how to lead, and how to not act when faced with ethical and moral