Salim Mattar points to government as the biggest obstacle to entrepreneurship, above competition

The founder of Localiza (RENT3), Salim Mattar, stated that the main obstacle for those who want to start a business is not competition, but the government itself. According to InfoMoney, the statement was made in a lecture at G4 Valley, at São Paulo Expo, on Thursday (29).

For Mattar, entrepreneurs should not wait for the economy to improve to get their projects off the ground. High interest rates, inflation and economic uncertainty, according to the report, are not reasons to abandon a business.

The center of the speech is criticism of government intervention in the economy. Mattar also cited the tax burden and bureaucracy as obstacles, and placed the State above the competition among the challenges faced by those opening or expanding a company.

What is at stake is the weight of the rules on the decision to invest. When a businessman with Mattar's trajectory puts taxes and bureaucracy ahead of the market dispute, the debate stops being just about demand and becomes about the institutional environment. This reading aligns with the defense of less intervention and fewer taxes that guides the editorial line of this newspaper.

What changes for the investor

For those who follow the stock market, dollar and interest rates, the speech serves as an indication of how part of the business community sees the cost of operating in the country. If the perception that regulation weighs more than competition gains strength, it tends to enter the perspective of companies more exposed to bureaucracy and the tax burden.

The statement does not contain data, deadlines or price projections, and does not constitute a recommendation to buy or sell. The investor can monitor concrete signs about taxation and process simplification, themes mentioned by Mattar, to assess the effect of these variables on the business environment.

Automatically translated from Portuguese.