On the heels of Black Monday, I took control of an irrelevant little brokerage firm named Stratton Oakmont and moved it out to Long Island to seek my fortune, and it was there, in the spring of 1988, that I cracked the code for human influence and developed that seemingly magical system for training salespeople.
Its name was the Straight Line System—or the Straight Line, for short—a system that proved to be so powerful and effective, and so easy to learn, that within days of inventing it, it brought massive wealth and success to anyone I taught it to. In consequence, thousands of young men and women began pouring into Stratton’s boardroom, looking to hop on the Straight Line gravy train and stake their claim in the American Dream.
For the most part, they were a decidedly
But in a post–Straight Line world, none of that mattered anymore. Things like education and intellect and natural sales ability were mere trivialities that could be easily overcome. All you had to do was show up at my door, promise to work your ass off, and I would teach you the Straight Line System and make you rich.
But, alas, there was also a dark side to all this precocious success. You see, the system turned out to be almost
And so it was that, in the same way that a seemingly innocuous tropical storm uses the warm waters of the Atlantic to grow and build and strengthen and mutate until it reaches a point of such critical mass that it destroys everything in its path, the Straight Line System followed an eerily similar trajectory—destroying everything in its path as well, including me.
Indeed, by the time it was over I had lost everything: my money, my pride, my dignity, my self-respect, my children—for a time—and my freedom.
But the worst part of all was that I knew I had no one to blame but myself. I had taken a God-given gift and misused it, and I had taken an amazing discovery and bastardized it.
The Straight Line System had the ability to change people’s lives in a dramatic way—leveling the playing field for anyone who’d been held back from achieving greatness due to an inability to effectively communicate their thoughts and ideas in a way that connected with other people and moved them to take action.
And what did I do with it?
Well, besides breaking a fair number of records for the consumption of dangerous recreational drugs, I used my discovery of the world’s most powerful sales training system to live out every adolescent fantasy I’d ever had, while empowering thousands of others to do the same.
So, yes, I deserved exactly what I got: completely wiped out.
But, of course, the story doesn’t end there; and how could it, after all? I mean, how could a system that created such massive wealth and success for anyone who learned it simply fade away into obscurity?
It couldn’t. And, of course, it didn’t.
It started with the thousands of ex-Strattonites who, after leaving the firm, began spreading the system around—bringing a watered-down version of it to a dozen different industries. Yet, no matter where they went or how watered down the version was, learning even a
Then
On the heels of two bestselling memoirs and a blockbuster Scorsese movie, I spread an undiluted version across the entire world, to virtually every business and industry. From banking to brokerage to telco to the auto industry to real estate to insurance to financial planning, to plumbers to doctors to lawyers to dentists to online marketers to offline marketers—and basically everyone in between. As amazing as the results had been the
You see, before I began teaching the system again, I spent two full years going line by line through its code—taking every last