Behind only India, Brazil is the 2nd country with the highest potential for entrepreneurs in the world

Data recently released by the Global Entrepreneurship Monitor state that more than 48% of Brazilians intend to start a new business in the next 3 years. In fact, two thirds of the population have confidence in their skills to undertake and, in addition, just over half (51%) considers that the fear of failure is not a factor that prevents them from starting a new business. Entrepreneurship specialist Reginaldo Boeira went through 3 major falls before achieving success. He owns KNN, one of the 5 largest language franchise networks in Brazil, in addition to several other companies from different sectors.  

“If I could leave a single lesson for those who are thinking of undertaking, it would be: do not be afraid to invest. Fear is a barrier that exists in the head of all of us, but success only comes to those who decide to cross it. I have already gone through great challenges, and in none of these moments I thought of giving up. On the contrary, I learned the importance of resilience and persistence. Each failure taught me to just the candles, to understand the market and to seek new opportunities”, he says.

Before founding KNN Languages, Reginaldo Boeira had a trajectory marked by ups and downs. At the age of 12, he began to undertake selling sweets to help the family of humble origin.With will and commitment, he tried other businesses, such as a butcher and a semi-jewel company, but without success. The third ̄court of Reginaldo occurred in a computer company and, from that moment, he understood that to be a successful entrepreneur, he would need to invest in what he truly liked and that the money would be a consequence. In the case of Reginaldo, he decided to invest in languages.

“I met English as a child, through a pile radinho that I won. And there, curious, I tried to learn with the help of a dictionary. This passion for the language made me invest in the field of language teaching. In addition, the passion for entrepreneurship also pushed me to teach other entrepreneurs to make money and success, so the franchise model was successful. And working with what you love is undoubtedly one of the most important pillars for lasting success. When we get involved in a project or a business for which we are truly passionate, our dedication goes far beyond the physical effort or hours invested is, we are completely immersed, we are connected to the strength of the mission.

“E, of course, during the trajectory, if it goes wrong, the secret is to understand that failure is part of the process, and that, often, it is a learning and the leap to success. And the Brazilian has this claw of 'Do not give up ever’ is until a motto that people take with them and need to be adopted in different areas of their life, professional, personal, business and even health, as is my case, that I beat cancer recently and continue making constant followings, cherishing for life and never giving up having every day more full health to follow with all the projects I have for myself and for my companies”, Boeira.

In addition to KNN Idiomas, Reginaldo, with a strong vein for entrepreneurship, boosted its business with the creation of new companies, such as Phenom Idiomas, for 3 years in operation in Brazil and with more than 50 units open in the country, Boeira Construtora, focused on the construction industry in the region of Vale do Itajai, in SC, and also companies in the marketing, foreign trade and tourism segment, such as Rancho Otto, in the Santa Catarina mountain range, a destination highly sought by tourists throughout the year.

Business scenario in Brazil

According to recent research, Brazil already has more than 60 million National Registrations of Legal Entities (CNPJ) registered throughout the history of the country. Of this total, just over 21 million, 35%, are active. Still according to the survey, 94,5% of active companies are headquarters, followed by 5,5% of subsidiaries. Most active companies are headquarters, with 94,50% companies, and only 50% are subsidiaries.It is worth mentioning that the micro companies (7M3 are 7T) more than 7M3.