Bodo Shefer

Bodo Schäfer is a financial consultant, writer, and businessman from Germany. His seminars are held in many countries around the world, including Germany, Belgium, the United States, Australia, and Turkey. Bodo Schäfer is a practitioner in the fields of time management and financial management.

In his homeland, Germany, Bodo Schäfer was dubbed the “Financial Mozart.” His books and seminar recordings are popular throughout the world, including in Russia, and for many they have become textbooks on financial matters and time management.

Bodo Schäfer did not achieve success right away. At 16, he moved to the United States, and by the age of 26 his mistakes and life principles had led him to complete bankruptcy, leaving him owing creditors 75,000 marks. Schäfer found an unusual way out of this difficult situation. Drawing an analogy with sports and recalling that even the most famous athletes always have coaches, he decided that he too needed a “financial coach.” Later Bodo Schäfer wrote: “Each of us needs a person who is able to take us by the hand and lead us forward, constantly helping us actively. All rich people had their own coaches.”

After a long search, Bodo Schäfer found his mentor by attending an event where an American billionaire was speaking. This successful entrepreneur had once founded an oil company with less than a thousand dollars of his own capital, and within eight years he had grown it to 800 million. The American spoke persuasively about how, with the help of other people and their money, one could realize the most fantastical projects. Schäfer managed to win his trust, and they founded a joint company. Two and a half years later, under the guidance of the American mentor, Schäfer earned 100,000 marks in a single month for the first time in his life. After that he multiplied his capital and made his first million, and later became an outstanding coach himself.

Since the mid-1990s, Schäfer began giving lectures in Germany and writing books. By mid-2002, his lecture activity in Germany had drawn numerous complaints on the topic of financial freedom, and he moved these talks to Eastern Europe, where he gave lectures in Moscow and Riga.

From 1989 to December 2002, according to ARD Plusminus magazine