Brazil Startups Are Turning The Economic Tide In Latin America’s Largest Economy

Brazilians are famous for functioning in spite of antiquated tax codes and labor laws on mundodomarketing.com.br. They are famous for dealing with high-interest rates and their inept bureaucracy. Investors ran away from Brazil in 2012, thanks to sinking commodity prices, a Chinese import moratorium, and fiscal mismanagement. Even though half of the population is connected to the Internet, the Brazilian economy is still in trouble. But according to investor, Flavio Maluf, and other Brazilian entrepreneurs, Brazil Startups are injecting new life into the country’s economy at https://br.linkedin.com/in/flavio-maluf-172147b3.

More than 4,000 new companies are up and running, or will be, over the next 18 months, and most of those companies are Internet-driven entities. Flavio Maluf, the CEO of Eucatex, one of Brazil’s largest exporters, thinks Brazil will make a major economic turnaround in 2017, and Startups will be the catalyst for that turnaround. Flavio Maluf is confident because most of the Startups are in the education, healthcare, tech, and commodities sectors of the economy, and they all have digital marketing capabilities and apps that make some sort of impact on Brazilian consumers.

Brazil is now an Internet-driven society. More than 43 million Brazilians do business online, and new online consumers pop up every day. Startups are making the old way of doing business in Brazil obsolete on maringa.odiario.com. Brazilian consumers use Facebook, Twitter, and YouTube as much as U.S. consumers to identify new trends and products. Brazilian Startups are introducing apps for everything from educational books to cattle counters. Flavio Maluf is looking ahead, and he sees nothing but economic change in front of him and his country.

Flavio Maluf is used to change. His building material supply company has changed over the last 65 years. Eucatex went from a one-product company to a corporation that has four factories in Sao Paulo and a diversified product line. Eucatex brands sell in home improvement stores, and they are also used by contractors and construction companies around the world. The company was named after eucalyptus trees, so Maluf established a leasing program that allows people to participate in growing eucalyptus trees. Maluf is an environmentalist and entrepreneur. He cares about clean air and his country’s economic growth.