Connect with us

Executive Voice

Meet Eric Gafarov – One Of The Youngest Entrepreneurs in Russia

There was a stereotype: 28 years old, “packaged”: a good car, a popular restaurant in the city, a factory in Hong Kong, etc., – Eric says about himself. – Everyone immediately thought what: either dad is super-rich, or stole something somewhere, or is engaged in some kind of drug.

And no one will even think about the fact that I have been working every day since I was 15 years old. Nobody wants to believe that you can achieve everything yourself.

Eric Gafarov was born in 1988 in Ukraine, in a military town near Chernigov. Father served as a military pilot. In 1993, the family moved to Russia. Settled in Betki, Eric went to first grade and then transferred to school number 10 in the village of hydroelectric power stations. In the 9th grade, he was an excellent pupil; he graduated from school with only one four in Russian. In parallel with my studies at school, at the age of 14 I took up entrepreneurship and at the age of 15, I already opened an IP.

What can a 14-year-old buy-sell teenager do?

– First, yes. I bought cheaper phones, resold more expensive. He organized his first work with China in 2002. Then there were very fashionable accessories for phones – silicone cases and laces around the neck. Lanyards for mobile phones in mobile phone shops cost 150 rubles, and I was able to find 5 rubles in China. And he began to wholesale them, as well as other accessories. He himself sold them here and delivered to other cities.

And at the age of 15, he understood one local law: more than 10%, for example, milk, cannot be charged to local retail for essential goods of local production. I remember, then the SET company sold milk in bulk at 8 rubles and sold at 8.80 in stores. That is, the margin was not very interesting for stores. I went to milk producers outside of Tatarstan, in Mozhga, which is 96 km from Chelny. I arrived there and invited them to become their representative in Chelny.

And what, in all seriousness, agreed with a 15-year-old boy? Or did you do it through adults?

No, I did everything myself. I looked older. Naturally, they asked me if I have a company. And although I didn’t really understand what it was all about, I was lying about what it was. He arrived in Chelny, opened an IP. As I was then told in the tax office, I was the youngest entrepreneur in the city. Agreed with a factory in Udmurtia for the supply of milk. Delivered milk to small shops at stops, in the entrances of houses. I bought a “Gazelle” with an isothermal van. I hired classmates. The first office was in the apartment. At 2 o’clock he came from school and had to give an application to the factory.

Now what business do you work in? And what is the most successful?

I have seven companies. In some of them, I am a 100% owner, in some share. The most profitable business today is cream.

There are such diseases – eczema, dermatitis, neurodermatitis, psoriasis, diathesis. They are incurable and appear on the skin of a person. And today, no one can fight this disaster in Russia and even the Customs Union, except for our company. We have a plant near Hong Kong, a 40% stake in which belongs to me. I plan to bring my shareholding to 100% in order to fully control this production. I understand the potential of this business. In Russia, for example, today 10 million people need these creams. And plus to this, we created another company, which is the official representative of this plant in the territory of the Customs Union. She is also under my control.
We could not sell it, we just closed it.

This is one of the mistakes. I opened it for my girlfriend who was engaged in fashion. We went to Timati, opened. But then they unilaterally changed the rules of work. And besides, we broke up with the girl. For several months, the store worked negatively. And we decided to refuse it. In this project, they reached minus 6 million rubles. Priorities have changed. Impossible to do everything, not enough time. I decided to send funds to where they will be more effective. Of course, my company is a priority, all this is done for my relatives, family and friends.

You can follow Eric in IG @ericgafarov

I am 28 years old. I graduated from the University of Journalism, experience in the implementation and promotion of social networks, marketer, share my thoughts, do charity work, philanthropist.

Join Disrupt Magazine

Become A Disrupt Contributor

Most Disruptive

Entrepreneurship7 months ago

Navy Veteran Davis Chris Takes the Music Industry by storm

In life, you need to break down anything that might be holding you back and change course if need be...

Entrepreneurship7 months ago

5 Disruptive Leaders Paving the Way in 2021

Where there is uncertainty, lies a whirlwind of opportunity. 2020 was the year that had entrepreneurs learn a great deal...

Politics1 year ago

Brock Pierce Wants To Disrupt The Two Party System And Be Your Next President

We don’t usually cover politics much here at Disrupt, but when Crypto billionaire and friend of the show, Brock Pierce...

Business1 year ago

John Mcafee – Predictions For The Future

John McAfee is a world-famous tech CEO, computer scientist, civil disobedience activist, privacy advocate, and pioneer of the commercial anti-virus...

Finance1 year ago

Gaby Wall Street – Teaching Latinas to Thrive During The Crisis

It’s no secret we are facing one of the most challenging financial times of the last few decades as we...

Entrepreneurship1 year ago

Tony Delgado – The #1 Entrepreneurship Movement In Puerto Rico

Puerto Rican online market is in constant progress. With many entrepreneurs who are coming here to start a business, it...

Entrepreneurship2 years ago

Elena Cardone – The 10X Ladies Conference Is Declaring 2020 The Decade For Women

The next ten years are meant for women to continue growing their potential and succeeding in multiple areas, including business....

Marketing2 years ago

How Josh Elizetxe Built Snow Into a $40 Million Dollar Business

There is nothing quite like an entrepreneur’s determination when starting a business. That’s my original quote by the way (pun...

Entrepreneurship2 years ago

How Jason Capital Became A Self Made Millionaire By 24

Have you ever wanted to earn the respect of everyone who ever looked down on you at some point in...

Entrepreneurship2 years ago

Sam Bakhtiar On His Way To A Quarter Billion

Dr. Saman Bakhtiar, who prefers being referred as Sam, lives in an 8200 square foot $5.2 million house, Sam is...


Copyright © 2020 Disrupt ™ Magazine - Disrupt is a Minority Owned Privately Held Company

Disrupt ™ is the voice of Latino entrepreneurs around the world. We are part of a global movement to increase diversity in the technology industry and we are focused on using entrepreneurship to grow new economies in underserved communities around the world. We enable millennials to become what they want to become in life by learning new skills and leveraging the power of the digital economy. We are living proof that all you need to succeed in this new economy is a landing page and a dream. Disrupt tells the stories of the world top entrepreneurs, developers, creators, and digital marketers and help empower them to teach others the skills they used to grow their careers, chase their passions and create financial freedom for themselves, their families, and their lives, all while living out their true purpose. We recognize the fact that most young people are opting to skip college in exchange for entrepreneurship and real-life experience. This Podcast was designed to give them a taste of that.