The startup industry in Brazil is one of the rapidly growing in the world due to technological advances and financial support from investors. In 2016, the Brazilian Association of Startups reported that over 4,000 business ventures in the country are classified as startups. The agency also noted that most of these ventures fall into the education, entertainment, SaaS, e-commerce, and health sectors.
As a Brazilian entrepreneur and executive, Flavio Maluf is certain that these budding businesses contribute to economic development in Brazil. He also believes that the companies rely on several factors for them to thrive.
Mobile Application Development
According to Flavio, technological advances, such as mobile application development, have enabled upcoming entrepreneurs to succeed in the highly competitive market. Clients can utilize mobile apps when purchasing or inquiring about a product. Entrepreneurs can use these apps to track the progress of their businesses.
Flavio also urges entrepreneurs to invest highly in customer support. As an executive of Eucatex, he points the company’s success to its customer support team. This team ensures that clients’ requests and demands are responded to quickly. Eucatex Group, on the other hand, is a Brazilian manufacturing company. It specializes in fabricating materials used in civil engineering.
Digital marketing also counts in the productivity of startups. With the various marketing techniques available these days, entrepreneurs can use the Internet as a digital platform to market their products and services. Flavio Maluf urges business owners to adopt this mechanism for the prosperity of their ventures.
About Flavio Maluf
Flavio Maluf is one of the managers who have been instrumental in shaping the business structure of Eucatex S.A. Industria e Comercio. He has been serving as the firm’s CEO and board chair since 2005. He also holds a CEO position at Eucatex Química e Mineral and VP post at Eucatex Trading e Engenharia.
He is an established mechanical engineer by training who acquired his skills from São Paulo-based Fundação Armando Álvares Penteado. Before serving at Eucatex, he was an executive officer for New York-based banking institution known as Citibank N.A. https://br.linkedin.com/in/flavio-maluf-172147b3