HP#188 ~ Money is an Instrument of Freedom ~ Manfredi Lefebvre d'Ovidio

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Listeners, welcome back to the podcast today, and we will dive deep into the life of one of the most influential figures in the cruise line and maritime world. Our guest today is a Titan in the cruise line industry, a visionary entrepreneur, a lifelong champion of global tourism, and his name is Manfredi LaFavre D'Ovidio.

Manfredi has transformed his family business into a global leader in luxury cruising. Under his leadership, Silver Sea Cruises expanded its company, offering travel experiences across all seven continents around the world. In a strategic partnership with Royal Caribbean, Manfredi orchestrated the sale of a two third stake in Silversea for a whopping 1 billion in 2018.

This strategic partnership not only elevated Silversea's brand, but also marked. One of the most significant deals in the cruise industry's history. And lastly, Manfredi is the chairman of the heritage group, which is a private equity company that acquired 85 percent of one of the biggest luxury travel companies in the world, Amber Crombie and Kent, whose founder was actually on the podcast last month.

So if you haven't listened to that interview yet, make sure you check it out. And today we're going to dive into the life and mind of Manfredi.

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Transcript:
[00:00:00] Chris: Hey listeners. Have you ever met somebody that's built his own cruise line and, or shipping company? I think that's really interesting because it's an industry that doesn't get a lot of PR there's literally massive shipping companies that are keeping the infrastructure of this world going and , operating on a regular basis.

And there's some founder out there that built this massive company. Also with a cruise line. There's some founder out there that have, that is built Royal Caribbean

and all the cruise lines out there that you can imagine. And they're operating on a regular day-to-day basis. What's very interesting with the gentleman that I just interviewed. He is the founder of not only a cruise line, but he's a founder of a shipping company as well.

So he's been in this industry, his entire life. He grew up around it and now he's operating these massive billion dollar companies on a day-to-day basis. And I got to interview him.

His name is Manfredi Lefebvre d'Ovidio and he's an Italian entrepreneur that lives in Monaco, not only does he have his own cruise line and shipping company,

but he's also a majority owner in one of the biggest luxury travel brands that that's out there today. Sounds like a busy guy. But the awesome thing about Manfredi and talking to him is his philosophy around money. And when I got to interview him Manfredi talked about. How money is an instrument of freedom. Now, what I thought was fascinating is that a gentleman at this level is built. Multi-billion dollar company is a billionaire himself. Still believes that money is an instrument of freedom.

Now you think most of us entrepreneurs out there, . Or freelancers or people just trying to do something online to make a buck we're using this muse. As an opportunity to have more freedom in our lives. And here you have a gentleman that has been an entrepreneur for somewhere around 50 years and he still believes that in his core, that money is an instrument of freedom.

And I asked Manfredi, what is most important to you to be known as an entrepreneur? And he said, no, not to be known, but to be an entrepreneur. And there's a difference in that he doesn't care that he's known as an entrepreneur when he is an entrepreneur, he can make choices and have those freedoms in his life. Now, one thing that was really unique is when I dug deeper with Manfredi, he talks about how being an entrepreneur and a business person. , is a strong connection with the living world versus operating in the sleeping world.

And I thought this was really unique and a subtle hint that he gave into his mindset that I think a lot of people will miss over when they listened to the podcast. So it's important to point out. , again, I'll repeat that. , being an entrepreneur is a strong connection with the living world. Versus operating in the sleeping world, meaning that entrepreneurs provide value and service. To the, , economy into the way that we operate. In the world today, entrepreneurs are a necessity for the world to keep going around the way that it does for the modern conveniences that we have for the opportunities that we have. We need entrepreneurs. Period. Versus operating in the sleeping world and what I think he meant by this means operating in a world where you're not really aware of the life that you're choosing, you're doing it because society told you, you should. And really in the grand scheme of things, if you want to live a fulfilled life, you have to operate in the living world and escape from that sleeping world

somehow in some way.

You've got to do it.

And then Manfredi goes on to talk about how having more money is not his goal to live well. Cultivating self working on self. Having a freedom of choice is vital. which is really interesting. So let's hop into this. High-performance clip with Manfredi Lefebvre d'Ovidio. Enjoy it.

[00:04:07] Manfredi: Money as an instrument of freedom freedom of choice.

But the number one to be an entrepreneur!

[00:04:14] Chris: That's most important to you , to be known for as an entrepreneur.

[00:04:18] Manfredi: Not to be known to know myself, that I am, I wake up in the morning and I'm busy. I have a lot of things which, , interest me.

[00:04:25] Chris: Yeah

[00:04:26] Manfredi: I have a lot of things which I do, which interests other people. If I wasn't an entrepreneur, I wouldn't be here with you.

[00:04:31] Chris: It's very true.

So it's a very strong connection with the living world instead of going into the sleeping world.

[00:04:37] Manfredi: And it's not a question you already have the money to live well. It's a question of money as an instrument of freedom And to, realize yourself, to achieve the satisfactions that you're looking for. And I like to do things which are not only tied to a monetary benefit. You know, having been successful from a financial point of view has to buy you, first of all, freedom of choice. Freedom of choice is how you spend your time. So how I spend my time is important.

And spending developing the business that we have created, is a satisfaction. Spending it, organizing the wealth, in a way that it can then be at the benefit of the persons I love is a satisfaction. Doing other things, cultivating myself, traveling the world, visiting the world, etc., is a satisfaction.

Having the freedom to dedicate part of the time to this without Having to be obliged by other things and having the substantial means to do it is part of the freedom of choice that success gives you.

[00:05:41] Chris: So, what do you think you guys. Oh man. Freddy talks about money being an instrument of freedom, and it doesn't matter if you're operating a $20,000 company. Or a $2 billion company. We as entrepreneurs believe in our souls that money is an instrument of freedom. And if we can bring value to the world, the more value we bring to the world, the more money we make. The more freedom we have. Ideally, as long as you're managing that freedom and that money in that business really well.

So you have the freedom of choice, but also when it comes back to it, the most important thing is really the freedom of choice. And if you choose to work out hard in choose to work 80 and a hundred hours a week, That's great. As long as you're doing what you love and you're fulfilled. And if you choose to work four hours a week, like another entrepreneur and billionaire that we interviewed, like Richard Kosch.

You can work four hours a week.

Also, literally, this is what he does I asked him personally, how much do you work, Richard? Half a day a week. Fantastic. Amazing. . So, um, but anyway, going back to Manfredi's con conversation, , you know, not to be known as an entrepreneur, that's not his goal.

It's to be an entrepreneur, which he has been for many years and to have that freedom of choice and the freedom of choice to cultivate his life. Well, he even mentioned he really enjoys doing non-monetary activities. Uh, things that don't produce money, right? Things that give him more fulfillment, it could be spending time with your family, uh, going after the goals and dreams that you want practicing as a hobby or sport or something you really enjoy. And to be connected to the living world.

I think it's a very powerful. A couple of questions to ask yourself, I want to leave you with. What are you doing to be connected to the living world? Really? What are you doing? Or are you operating in a way that you're really more connected with the sleeping world? You're more unconscious and unaware of the choices that you're making on a regular basis. You're working in a career that doesn't really fulfill.

You, give you the life that you really want, give you the light that you deserve when, , going to work. And, , how are you? , cultivating that. How are you cultivating your life? Uh, do you really have the freedom of choice? And I think that's the most important takeaway. From Manfredi here.

Do you have the freedom of choice? And if you don't. It's time to start working on that. It's vital. And if you do. Are you cultivating that freedom of choice? Well, And can you do it better? If you guys like what you're hearing and make sure you don't want to miss any of these tips, please subscribe.

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