Flavio Maluf was born into a family of means. However, it was hard work and apt skills with business, not his upbringing, that eventually brought him great success. After receiving his medical engineering degree from the Alvares Penteado Foundation, he leapt straight into business as it was something he truly aspired to pursue. As the president of retail giant Grandfood and a highly successful entrepreneur himself, he suggested that businesses are not for the faint of heart. He noted several myths that would damage the modern-day entrepreneur. Find out more about how Flavio reports on and supports the Brazilian economy at barbacenaonline.com
Working less and generating more money as an entrepreneur is unrealistic. In order to grow a business, there has to be time and effort put into it. Also, it’s believed that a considerable amount of money is necessary to bring a business from the ground up. However, that couldn’t be further from the truth. Mr. Flavio Maluf stated that many revolutionary companies did not stem from an inordinate amount of money. Creativity should also not be forgotten for hard work because working smart is what helps entrepreneurs truly flourish.
Derived from the Eucalyptus by name, the premise of Eucatex was born from Flavio Maluf’s grandfather and his work with sawmills. Following that, Flavio’s uncle and father started a business with wood fiber lining. Furniture and civil production is what the wood is used for; the eucalyptus wood.
About four times a week with meetings, routine factory checks and exercise is how Mr. Maluf spends his days. All of his plans bloom from forms of media with things related to his business and conversations with his staff leads to which ideas become realized.
The ever-changing landscape of technology, Mr. Maluf said, and how those services relate to companies interests the Eucatex CEO and he is always prepared to fail for success.