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The Importance of Technology in Creating and Running Businesses

Starting a company using digital platforms can be easy if one has the knowledge and tools to run the business. According to research conducted by GoDaddy, more people are choosing to host their businesses online for sales and marketing purposes. Flavio Maluf, Eucatex’s president, believes that running businesses online depends on the technology generations. Maluf did research on the prevalence of social media and websites in Brazilian businesses. He found out that over 70 percent of Brazilian enterprises have an online presence.

Learn more about Flavio: Meet, with Flavio Maluf, some tips for not losing productivity at work

Maluf also believes that technology is one of the major factors that have transformed the Brazilian economy. According to Maluf, this transformation has been in the form of business creation and profitability. He argues that social media has enabled business owners to interact directly with their customers. This phase of development is known as digital entrepreneurship. Maluf believes that as technology evolves rapidly, tools for opening and running businesses become more accessible. Entrepreneurs can create and run a website easily with the available online web hosting tools.

In his research, Maluf concluded that 71 percent of the youth prefer creating and managing their own business. Most young people are familiar with modern technological innovations. Maluf urges entrepreneurs to enlist the help of web designers and developers when creating websites for their businesses.

About Flavio Maluf

Flavio Maluf is a successful entrepreneur who serves as the CEO of Eucatex S.A. Industria e Comercio. Maluf joined the Brazilian company’s executive team in 2005. He is also known for providing Eucatex’s board with strategic planning advice as the board chairperson. He is the VP of Eucatex Trading e Engenharia and CEO of Eucatex Quimica e Mineral. Maluf served as an executive for companies such as Citibank N.A and Sistema S.A. Corretora de.

Eucatex group is known for its environmentally friendly approaches when manufacturing liners and insulations. With over 44,000 hectares of land for development, the company received ISO 9001 and ISO 14001 for its sustainability practices. Maluf’s expertise lies in mechanical engineering. He is a mechanical engineering degree holder. Maluf also attended the New York University to learn foreign exchange principles. He enrolled in EASP for international trade policies and rural management.

Billy McFarland and the Success Magnises

Billy McFarland is the Magnises founder, who has worked his way up to become a successful entrepreneur from a college dropout and has attracted and monetized millennials. The Magnises founder pointed out that the Magnises answers to urban millennials questions. The issues that the millennials want to be answered are what is trending, where the hot spot is right now, as well as when they can get involved.

In this respect, Magnises more often help more than 20 networks with each other. The ultra-exclusive American Express Centurion (Black) Card was the inspiration behind the 24-year-old founder of the Magnises Company. This idea came up when McFarland was out to dinner with friends, where they expressed great grief on how much they all desired to become black cardholders.

Magnises was born when McFarland got a way to implant a magnetic strip on the metal card. According to the founder, the start-up transfer’s information from an existing credit card onto the Magnises black card, then the card can be used just like a regular change card.

Magnises not only offers credit card function but also has a mobile concierge app that enables its members to use it exclusively for events and discounts. Mr. McFarland pointed out that Magnises has 10,000 members in Washington, D.C. and New York.

There are plans to expand to the West Coast by next year. Membership to Magnises is done by referral only, and the applicants have to be subjected to a stringent vetting process. The annual membership fee is $250.

According to Business Insider, Billy McFarland commented on the entire cost that the company needs to satisfy each user, which is $70, all their events, and the regular partnerships. The start-up’s ability to call up its thousands of members enables them to cash in on the advertising fees and the brand partnerships.

According to Billy McFarland, Magnises partners presently include Tesla, Samsung, and Virgin, which pay a licensing or an association fee. Magnises was launched in 2013, where it has raised $3 million from its key investors who include Bill Gray, the former CEO of Ogilvy & Mather, and Lance Weaver, the former chairperson of MasterCard.

McFarland expects that the company’s start-up will reach its objective, which is over $25 million in the next 24 months.

Anthony Petrello Helps Children In Need

Mr. Anthony Petrello provides invaluable information and seasoned counsel to achieve profitable growth inside a tremendously unpredictable and ferocious business field. While exercising his duties as the President and C.E.O. of the of the corporation Nabors Industries, Anthony worked fervently to accomplish a Juris Doctors. Anthony earned this respected accolade from the esteemed Harvard Law School. Anthony also acquired a Masters in the subject of Mathematics from the prominent University, Yale. Anthony’s corporation Nabors Industries, a subordinate extension of his main corporation, Nabors, is where Anthony Petrello performs the duties of the Chairman of the Board. In addition to this role, Anthony is the Director of another endeavor, the Hilcorp Energy Company, and maintains this position also at the company Stewart & Stevenson.

Aside from being a distinguished higher-ranking executive in the gas & oil trade, Anthony is also an admired humanitarian, recognized across the Houston, Texas vicinity. Anthony approved millions of dollars as donations to medical establishments, to such well respected companies ranging from the Baylor College of Medicine, to the M. D. Anderson Research Center to name only a few. This capital went to aiding the care of, and studies for, assisting kids that had developed neurological problems.

Anthony Petrello’s kind donations formed from the thoughtful and compassionate understanding that arose when his child weighing barely over one pound, was born prematurely. Anthony’s child was born enduring a devastating neurological problem, one which is all too commonly found with kids who are prematurely born. Anthony’s wife, Cynthia Petrello had her own dreams of their baby becoming a successful dancer, while Anthony had visions of their child growing flourish as an outstanding mathematician. Regrettably, when it was found that their infant was suffering from this devastating illness, recognized as periventricular leukomalacia, and which in the end developed into cerebral palsy, they arrived at the understanding that their attention needed to be on their child’s quality of life instead.

Anthony educated himself attentively, focusing on digesting a great deal of knowledge concerning neurological difficulties with children, and provided more than a few million dollars to Children’s Hospital in Texas with the expectation of abolishing neurological diminishments with an impressively funded investigatory medical establishment. Anthony is also a valuable component, serving as a member on the Board of Trustees and donates numerous assets that are devoted to children’s therapeutic regimens at quite a few hospitals.