The Wolf of Wall Street · 2013 — Chapter 6 of 30 · 4'59" · B1

Sell Me This Pen, Explained: supply and demand

Jordan's new crew can sell almost anything, but not until they pass his test: 'Sell me this pen.' One of them wins by turning it around — he asks Jordan to write his name down, and Jordan admits he has no pen. On the surface it is a parlor trick; underneath, a lesson in inventing demand.

What happens

Jordan and Donnie leave their old firm and start selling penny stocks from a rented garage, recruiting friends who have sold everything from meat to weed. Over a meal, Jordan demands that Brad sell him a pen. Brad simply asks Jordan to write his name down, and when Jordan says he has no pen, the point is made: need comes first.

Office chatPersuasionExplainingPersuadingBoss & employeeB1fastamerican
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something for nothingsupply and demandcreate urgencypiece of shit

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  1. ❝ MonologueEveryone wants to get rich18 linesPractice page ↗
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Phrase of the scene

supply and demand

the market's balance of goods and buyers

Brad asks for a signature, the client has no pen, and Brad names supply and demand as the lesson.

Prices follow supply and demand, not wishful thinking.

Also in this scene

  • something for nothing

    a free gain with no effort

  • create urgency

    make someone feel they must act now

  • piece of shit

    a worthless thing

  • in no time

    very quickly

Everything marked in this scene

28 notes across 132 lines

Phrase · A2get out of here

leave this place

We gotta get out of here, buddy.
Soundgotta get

Gotta is got to with the t's swallowed into one.

We gotta get out of here, buddy.
Grammar · B1like we're fucking lions and tigers and bears

manner clause: The like-clause works as as if, describing how they should run.

Let's run like we're fucking lions and tigers and bears!
Phrase · B1rent out something

let out for rent

My partner and I are very interested in renting out your garage.
Phrase · B1sales experience

a sales background

Guys with sales experience.
Phrase · B2get one's hands on something

obtain something

And Robbie, who sold anything he could get his hands on.
Phrase · B1easier than you think

simpler than expected

You listening? It's easier than you think.
Grammar · B2you're on the phone with

relative clause: The clause with whom dropped modifies every person: the one you are calling.

Every person you're on the phone with, they want to get rich and they want to get rich quickly.
Phrase · B2something for nothing

a free gain with no effort

Teaching his friends sales, Jordan says every caller wants to get rich for nothing.

They all want something for nothing.
Phrase · B2put words in someone's mouth

attribute words someone never said

I'm not putting words in your mouth or nothing, but you just said that everybody wants to get rich.
Phrase · B1working-class people

the working class

I'm talking about normal people, working-class, everyday people.
Phrase · A2make money

earn money

Do you guys not want to make money?
Slang · C1ludes

Quaaludes — Old street slang for Quaaludes; rarely used now.

Shit, I can sell ludes to a convent full of nuns,
SoundCan I

Can I links into canai, almost one word.

Can I finish eating first? I haven't eaten today.
Phrase · B1show someone how it's done

demonstrate the right way

Brad, show them how it's done. Boom.
Phrase · A2do someone a favor

do something for me

Why don't you do me a favor.
Phrase · B2supply and demand

the market's balance of goods and buyers

Brad asks for a signature, the client has no pen, and Brad names supply and demand as the lesson.

Exactly. Supply and demand, my friend.
SoundSupply and demand

And weakens to n, linking Supply and demand smoothly.

Exactly. Supply and demand, my friend.
Phrase · C1create urgency

make someone feel they must act now

Brad makes the client need the pen at once, and Jordan names it: he is creating urgency.

See what I'm saying? He's creating urgency.
Slang · C1Chinaman

a slur for a Chinese person — A racial slur; never use it, in any setting.

Chester Ming, the depraved Chinaman, thought jujitsu was in Israel.
Phrase · B1go to law school

law school

He actually went to law school.
Slang · B2piece of shit

worthless junk — Crude for things or people; avoid in formal talk.

I called him Rugrat because of his piece of shit hairpiece.
Phrase · B1in no time

very quickly

Jordan says if they are young, hungry and stupid, he will make them rich in no time.

and in no time, I'll make them rich.
Phrase · B2penny stocks

very cheap shares

But rich people don't buy penny stocks.
Phrase · B2a bunch of jerk-offs

a bunch of losers

I mean, what person with a college education would trust this bunch of jerk-offs?
Slang · B2jerk-offs

losers — Insulting slang; say amateurs in polite talk.

I mean, what person with a college education would trust this bunch of jerk-offs?
Phrase · A2hang up the phone

end a call

Hang up the phone. Tell him you'll call him back.
Grammar · B2what if they didn't sound

hypothetical what if: What if with the past tense imagines a state that is not true now.

But what if they didn't sound like a bunch of jerk-offs?

Sell Me This Pen, explained

What's really going on

The pen test looks like a stunt, but it is the film's thesis in miniature. Jordan does not ask whether the pen is good; he asks whether it can be moved. Brad's answer — make the buyer need it — is not about the product at all, and that is exactly the lesson Jordan wants his crew to absorb. It reappears minutes later when Jordan says the way to sell junk stocks is to 'Convince them it's something they need.' The same logic then drives the whole firm: create demand for things nobody requires, and the money follows. What makes the scene funny is also what makes it sinister, because the skill being taught is real, and so is the harm it can do.

Theme

MoneyThe whole scene treats money as a skill to be trained, not a reward for honest work.
AmbitionJordan builds a crew and a method, and the pen trick becomes the seed of a sales empire.

What you'll learn

  • A pen becomes a test of who can actually sell.
  • Jordan's crew has no pedigree, only hunger.
  • Creating urgency is the trick behind Brad's win.
  • The scene turns sales into a kind of religion.

Listen for

  • gotta get — Gotta is got to with the t's swallowed into one.
  • Can I — Can I links into canai, almost one word.
  • Supply and demand — And weakens to n, linking Supply and demand smoothly.
Sell me this fucking pen right here.

Jordan's test for his new hires: prove you can move anything, not just talk about it.

They all want something for nothing.

His read on customers: everyone is chasing easy money, which makes them easy to sell to.

What if I could teach them how to sell to people with money?

The idea that turns the garage crew into a business: aim the same pitch at wealthier marks.

Everyone wants to get rich. Am I crazy?

Jordan's flat assertion of universal greed, offered as common sense rather than a warning.

Questions about this scene

How does Brad manage to sell Jordan the pen?

He creates a need instead of describing the product. He asks Jordan to write his name on a napkin, and when Jordan says he has no pen, the pen has just become necessary.

What lesson is Jordan teaching with the pen test?

That sales is about making people want something, not about the thing itself. If you can create demand, you can move almost any product.

Why does Jordan say everyone wants something for nothing?

It is his belief about what drives customers. If people want easy money, a broker who promises fast gains does not need a good product to make a sale.

Who are the friends Jordan hires for his new firm?

They are hometown guys with sales backgrounds but little schooling — Sea Otter, Chester, Robbie, and Nicky. Jordan sees their hunger and inexperience as an advantage.

What idea changes Jordan's business plan?

That he could train his rough crew to sound professional and sell to rich clients instead of poor ones. That insight leads directly to the firm he later builds.

The Wolf of Wall Street · 30 chapters

All chapters →
Up next · Chapter 7cold-call someoneJordan Teaches the Stratton Script
Chapter 1drink like a fishJordan Belfort Introduces HimselfChapter 2put meat on the tableJordan's First Lunch with Mark HannaChapter 3the ins and outsBlack Monday Crushes Jordan's CareerChapter 4get rich quickJordan Pitches a Penny StockChapter 5an in with someoneDonnie Quits His Job for JordanWatching · Chapter 6supply and demandSell Me This PenChapter 7cold-call someoneJordan Teaches the Stratton ScriptChapter 8hatchet jobForbes Profiles Jordan BelfortChapter 9loopholeMax Confronts Jordan Over the BillChapter 10muttJordan Meets Naomi at a PartyChapter 11lying through his teethJordan Interrogates the ButlerChapter 12heaven on earthJordan Surprises Naomi with a YachtChapter 13fired upNew Issue Day at Stratton OakmontChapter 14put me on the mapJordan Hypes Steve MaddenChapter 15no nobility in povertyJordan's No Nobility in Poverty SpeechChapter 16for the life of meFBI Subpoenas Jordan's Wedding VideoChapter 17take a stab atJordan Pitches the FBI AgentChapter 18to the manor bornJordan Tries to Bribe Agent DenhamChapter 19beat yourself upJordan Probes Swiss Bank SecrecyChapter 20get the best ofJordan Visits Aunt Emma in LondonChapter 21give me a passFight Over a Briefcase of CashChapter 22phones tappedBo Warns Jordan: Phones TappedChapter 23let aloneJordan's Father Tells Him to QuitChapter 24take no for an answerJordan Refuses to LeaveChapter 25ring a bellJordan's Deposition: I Do Not RecallChapter 26batten down the hatchesJordan Sails Into a StormChapter 27clean up my actJordan Arrested on CameraChapter 28off the hookThe FBI Offers Jordan a DealChapter 29silver liningNaomi Says It's the Last TimeChapter 30hates my gutsJordan Takes His Daughter and Flees
Chapter 6 of 30 · about 109 min to go