Apocalyptic CHARIS VAFEIAS: How did he build his Empire? - Business Talks 126

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Business Review Greece

Published on May 17, 2024
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#businesstalks #podcast #linkedin ☕Thanks to Coffee Berry for the coffees! ???? Listen to the whole conversation here: Website: https://businessrev.gr/podcast spotify: https://open.spotify.com/show/5jE5Jx3... Apple Podcasts: http://bit.ly/businesstalksApple In the episode 126 , our guest on Business Talks is Haris Vafias, CEO of the Vafias Group of Companies which includes three companies listed on the New York Stock Exchange, known to the wider public from his participation as an investor in Dragons' Den Greece. The Greek shipowner may be only 44 years old, but he has almost 27 years in shipping, having been involved with it before he was even 18 years old. Armed with his entrepreneurial DNA and his excellent studies, Haris Vafias started working in various shipping offices and then founded his own company. At just 26 years old, he took StealthGas to the Nasdaq and became the youngest CEO of a listed shipping company on any stock exchange. In 2008 he takes control of his family's shipping group. Today it has a total of three shipping companies listed on the American stock exchange, namely StealthGas with a fleet of LPG carriers, Imperial Petroleum with tankers and C3is Inc with bulkers. After the new purchases it has made in recent months, the Group's fleet consists of 95 vessels with a value, based on Vessels Value, of more than 2.8 billion dollars. His second largest investment activity is Real Estate, as since 2005 Haris Vafias has proceeded to establish the real estate company Estates Corporation Inc. investing in Greece, Switzerland, USA and Great Britain. The topics we discussed in chronological order: 00:00 Intro 02:34 Does he feel like a star after participating in DRAGONS' DEN? 03:04 What messages does he receive from the world? 05:14 Luck factor: How did his first shipping company succeed? 08:28 Vafias VS American State: Why are they in court? 11:03 What is his opinion about the Greek Justice? 11:40 Why don't his ships have Greek flags? 14:39 There are not enough Greek sailors. 17:23 It is easier to become a sailor than a doctor. 19:13 Can a young person today open his own shipping company? 20:55 How did he learn about the Shipping sector? 22:19 What is the purpose of investing in companies through DRAGONS' DEN? 23:16 What else does he invest in? 24:08 When does he plan to stop doing business? 25:42 Did he always know that he wanted to work in shipping? 26:13 What is his biggest business failure? 27:16 Has he visited all his ships? 28:09 Is it against the Environmentalists? 32:54 What is his attitude towards his shareholders? 35:31 How does he manage his portfolio? 36:11 His investments in Media and Basketball? 37:35 What is his opinion about Antetokounmpo? 38:02 What principles did he grow up with and what values ​​did he inherit from his family? 39:10 Investment criterion: The person and not the product. 39:49 His investment in vegan ice cream through DRAGONS' DEN. 40:36 The reason he doesn't try vegan food. 42:08 The level of companies in DRAGONS' DEN. 43:55 Why hasn't he seen DRAGONS' DEN abroad? 45:50 Is he misunderstood when his suggestions are not accepted? 46:25 His active role in the companies he invests in. 46:58 The development of Greek entrepreneurship after DRAGONS' DEN. 49:11 What does he want to see from next season's young entrepreneurs? 49:58 Should Financials always be reported in pitching? 51:34 What would he do if he started his course from the beginning? 52:40 What illegal can a ship carry? 54:07 What is the relationship between the Greek shipowners? 56:26 Does he model Onassis or Niarchos? 57:12 The management of personal and professional life. 58:25 Has he regretted any "crazy" things he did in his youth? 1:01:44 Does money bring happiness? 1:02:45 How does he know if someone wants him for his money or not? 1:04:06 Why does he have 3 cell phones? 1:05:21 Is he really a traditional guy? 1:05:44 What does he think about Light and rap music? 1:07:05 Does he only hang out with business minded people? 1:07:49 Are his friends jealous of him? 1:08:31 What has he debunked? 1:13:34 What advice would he give his younger self? 1:14:21 Outro ???? Win a FREE share worth up to $800 by opening an account at Freedom24: https://bit.ly/BusinessReviewGreece-F... ????Find the definition of Economy, Business Administration, Marketing you are looking for in the On Line Business Encyclopedia of businessrev.gr: https://bit.ly/3Cmkah5 ???? Visit our website: https://businessrev.gr/ ????Presenters: Haris Athanasiou, Alex Apergis, Dimitris Vlamis ????Direction, Editing: Giorgos Ziakanos

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