Flavio Maluf says that owning your own business appeals to a large amount of people. Many people who are not happy with their current job or wish to be their own boss are especially drawn by the promise of running their own business. Mr. Maluf says that despite all the information out there on entrepreneurship, there exists many myths that are not true and some facts that are very surprising to the beginning entrepreneur.
Below you will find Flavio Maluf’s take on some of these myths and facts as reported by the Universe Online economics section. Mr. Maluf serves as the leader of a major Brazilian manufacturing company called Eucatex that creates wood products and paints. It also supplies raw materials such as timber and saw dust for the construction and furniture industry.
A big misconception that people who want to become entrepreneurs have is that they think they will end up working less and that it will be easier that a job at a firm as an employee. While it is true that you will not have set hours as an entrepreneur, many entrepreneurs work longer hours after they leave their jobs. An entrepreneur is also in charge of an entire business. They have to oversee everything and that often means more work and not less. So the idea that you will work less and have an easier job is a myth says Flavio Maluf.
Another common myth that is floating around is that in order to launch your own business you need to have a lot of money set aside. While it is true that you need money to open a business, you do not need a lot of it to create a business. There are many investors out there that are looking to invest their money into a great idea or new concept. Banks offer small business loans to people looking to start their business and can provide that extra bit of money that a person may lack. So you do not need to have a large amount of money to create a business. You can get a loan or investment in your idea and that could be enough to launch your new career. https://br.linkedin.com/in/flavio-maluf-172147b3