Flavio Maluf Talks About Being An Entrepreneur
It is a common fact that everyone wants to be an entrepreneur. This is because owning your enterprise is attractive as they are not accountable to a boss any more. This is why Flavio Maluf is presenting his views on the subject to help aspirants achieve what they dream. He is the President of Eucatex.
He begins by saying that entrepreneurs are mistaken when they think that now they will have to work less while they earn more as compared to when they were employed elsewhere. This is because the entrepreneur needs to take care of the entire business. There will be no fixed working hours. This is because an entrepreneur must be available at all times. There cannot be vacations as and when he wants. Besides, the dedication will not be enough to win the next promotion in this case.
Flavio Maluf also talks about the fact that too much money is required to start a business. There are many business models available today which do not require huge capital. Also, there are many investors in the market who are on the lookout for great ideas as well as good executors.
However, Flavio Maluf does acknowledge that starting a business in Brazil is not going to be easy. As per the World Bank, it takes 107 days on an average to open any company here. In case any specific certificates are needed or regulations to be followed, this delay can be even more.
He also says that it is not imperative that an idea has to be completely innovative in order to open a venture. Anything unique always helps one to stand above the competition. But the most important thing here is to ensure that customers are willing to pay in order to consume your product.
Flavio Maluf maintains that people should not be averse to taking risks in case they wish to start their own business. Good entrepreneurs take calculated risks. The fact is that risks will always exist. What a person can do is to minimize it. This would require monitoring of competition and analyzing the market. Next is to assess the impact of any actions that are taken in both negative as well as positive scenarios. , https://br.linkedin.com/in/flavio-maluf-172147b3