what's Stelios real business?
Filed in archive Entrepreneurship on September 23, 2004
Russell sheds light on Stelios newest venture (before he brings Easyjet to China) - aptly named Wippit. But I also fail to answer what Stelios really does, maybe I'm not listening ,but the only success story I heard was from Easyjet. The internet cafes and the car rental shall burn the money like aircraft fuel. Have you heard more news - just curious?
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Tags: easyjet business stelios entrepreneurship real stelios+real real+business venture+capital
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Response from:
Mario
(09/23/04 9:57am)
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He is a man that lacks focus. Even if he is running at 200%, separating his energies on 10 or more ventures will lead to an execution rate of 20% or less. The point is, in theory, many of his business ideas are really excellent. His execution isn't. Unless this changes, he is "a Richard Branson for the poor". His homepage alone lists 14 different companies that are either already existant or in planning. As far as I have read, easyJet and the Car rental business of Stelios are doing okay but I don't have a source confirming this. Keep in mind though that the connection between EasyJet and Stelios is no longer tight.
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