Bodo Sheffer’s name is well known is Germany today. The Germans talk about ‘the phenomenon pf Bodo Scheffer’. He says the following about himself, ‘Notes had existed long before Mozart, what he created from them for human kind is what matters’. So, Scheffer was named ‘financial Mozart’.

After drawing an analogy with sports and recalling that even the famous sportsmen always have coaches, he decided that he also needed ‘the financial coach’. Later on Scheffer wrote, ‘All of us need someone to take us by the hand and lead us ahead always actively assisting us. All the rich have their trainers’.

Scheffer managed to win trust and together with his coach-teacher he set up mutual business. In two and a half months being guided by American coach Scheffer had earned 100 thousand German marks after one moth first time in his life. Soon enough he made his first million and in some time managed to live on interest from shares.