3 Tips From Investment Guru on Succeeding in Brazilian Market

Investment guru Igor Cornelsen has three main tips when it comes to investing in Brazil.

Get to Know the Natives

First, he believes it is imperative to interact with the natives and begin networking yourself. If you can make genuine friendships with financial savvy natives, you will greatly increase your business’s chance for success. He encourages you to take advantage of the notoriously social nature of Brazilians and soak up some advice from experienced business people. Read more about Igor Cornelsen

Regulations Run Far and Deep

Next, he warns everyone to prepare for a large amount of bureaucracy. The red tape exists because of the complex regulations, enormous taxes, and rigid labor market. He encourages you to perform detailed research on the regulations and get to know what strategies work in Brazil versus other countries. Igor believes that even though the bureaucratic hassle exists, it ultimately pays off in dividends at the end.

Nothing Is Ever Free

Finally, the top Brazilian banker warns you must be well educated on the foreign currency restrictions since transactions are tightly controlled. He stresses that you must ensure you are using the correct rate for the correct transaction and that foreign currency has no single exchange rate.

The investment expert firmly believes in a diverse portfolio so you can minimize your risks and gain revenue from multiple sources. He also believes in having a mixture of both sound and risky ventures, but in any case to start as soon as possible as time is of the essence.

On a personal level, the most appealing tip from Igor Cornelsen was the importance of connecting with the natives of Brazil. Since business relationships are a fundamental building block of success in that country, networking would be key to garnering new ideas that ultimately lead you to reap the maximum benefits.

Check this link:http://igorcornelsen.wikidot.com/

Chris Burch’s Entrepreneurial Pursuits

Chris Burch has officially built the best five-star resort in the world. The fashion mogul bought the former beach hostel from a couple in 2012 before transforming it into the masterpiece that it is now. Located in Sumba, Indonesia, the resort is on a remote Indonesian island. Together with hotelier James McBride, the two spent $30 million renovating the resort that was officially opened in 2015. Their efforts paid off. In 2016, Nihiwatu, the resort, was voted the best hotel in the world by Travel + Leisure.  Check this on businessinsider.com

The resort has 27 private villas. All the villas have private plunge pools. One can also opt for any of two, two-storey tree houses that have a bathroom, bedroom, and balcony. The main tree house also has a living area and private infinity pool. During the low season, a one-bedroom villa at the resort goes for $750. Burch also has his own private estate that is also available to guests.

Once in a Lifetime Experience

Located on the beach, Nihiwatu offers scenic views ideal for sightseeing and field excursions. Those with a knack for surfing can enjoy doing so on swells from the Southern Ocean at a location surfers consider as one of the best surfing locations in the world. Surfing lessons are available for those interested. Riding stable are available for those who enjoy horseback riding into the sunset. A local horse whisperer can even teach you how to connect with the horses. Yoga sessions and a beach spa are available. Private sessions for both can be organized at the comfort of one’s room.

About Chris Burch

A well-seasoned entrepreneur, Burch is the founder and also the CEO of Burch Creative Capital. A fashion mogul, Burch is the co-founder of Tory Burch, a luxury fashion brand. He also owns other businesses in different industries such as financial services, technology, spanning apparel, consumer products, real estate, and hospitality.  For update on Burch timeline activities, hit crunchbase.com.

For a must-read interview with Burch, click here.

Burch started his entrepreneurial journey while still at Ithaca College as an undergraduate student. Using $2,000, he started Eagle Eye’s Apparel together with his brother eventually growing the business to $165 million before selling it to Swire Group. His entrepreneurial journey spans more than 40 years, and he is using his knowledge in business to advise budding managers and entrepreneurs on his website, http://christopherburch.com/. He has also served on several boards such as that of the Rothman Institute Orthopedic Foundation. He has also sat on The Pierre Hotel Co-op Board as president. Additionally, his philanthropic pursuits have seen him contribute to research and initiatives such as The Sumba Foundation, The Henry Street Settlement, The Child Welfare League of China, among others.  Related article on forbes.com