My latest podcast “The Boss Brew” was released yesterday and I thought it only right to use today’s blog to give a rundown of what it included. I was honoured to be given an hour of Renato Avelar’s time, for him to share many tips to help budding entrepreneurs.
Here’s a taste of what was in the podcast…
Renato tells of his experiences and insights working his way up from humble beginnings, to becoming a business owner and technology advisor. He shares his journey of starting and growing his technology company, b8 one, which now has clients in 21 countries. Renato emphasises the importance of understanding the tax system, hiring the right talent, and leveraging artificial intelligence to streamline operations. He also provides advice for aspiring entrepreneurs, highlighting the value of learning new skills, building resilience, and adapting to the changing future of business.
Highlights
🌟Renato started his career in sales, which helped him develop a deep understanding of finance, marketing, and technology, eventually leading him to become a co-CEO of b8 one. Hiring the right talent, especially in the technology field, is challenging, and Renato emphasises the importance of checking references and understanding the specific requirements of each role.
🌟 Renato reveals a financially shrewd tip for entrepreneurs in 1st world countries. Hire LATAM tech workers. Brazilians, for example, are highly skilled in software development, data science, and design, making them a valuable resource for global companies.
🌟 Navigating the complex tax system in Brazil is crucial for business success, and Renato advises entrepreneurs to understand the nuances of the tax laws and explore opportunities to reduce costs by relocating operations.
🌟 Renato encourages aspiring entrepreneurs to leverage free online resources, such as YouTube and online courses, to learn new skills and adapt to the changing business environment, particularly with the rise of artificial intelligence.
🌟 Resilience and the ability to handle crises are essential qualities for successful entrepreneurs, as they navigate the ups and downs of running a growing business.
Questions about The Boss Brew
Q: What is the main focus of “The Boss Brew” podcast?
A: “The Boss Brew” podcast is a lifestyle podcast that focuses on how bosses can have more freedom and travel more by earning money. It originally started as a travel podcast but has now shifted to discussing how business owners and executives can achieve more freedom.
Q: What advice does Renato Avelar give for hiring key professionals in a growing business?
A: Renato advises that when hiring leaders or professionals for important roles, it is crucial to ask for references from their previous employers. This helps ensure you are getting reliable and capable individuals who can perform well in the role.
Q: How does Renato Avelar describe the differences between an “empretador” and an “empresario” in Brazil?
A: Renato explains that in Brazil, there are two different words for “entrepreneur” – “empretador” and “empresario”. An “empretador” is someone with a dream who wants to start and grow a business, while an “empresario” is a more structured, executive-level entrepreneur who knows how to make tough decisions and implement governance processes. Listen to find out which one Renato thinks he is!
Q: What advice does Renato Avelar give about using AI technology in business?
A: Renato advises that rather than fearing AI replacing jobs, businesses should look to empower AI to do tasks that humans cannot feasibly do themselves. He suggests that the future economy will involve more specialised professionals who can provide accurate instructions and oversight to AI systems, helping them learn and improve.
You can listen to the whole podcast here or watch it here.
I’m on the look out for future guests. What do you boss? Whether it’s business, money, a skill, your body, or just about anything in life, including life itself, get in touch with me at any of the socials or my email address below.
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