During the inaugural meeting the Business Development Working Group, within the FinTech Poland Ecosystem, companies had the opportunity to draw from the expertise of seasoned professionals who engaged in discussions regarding conducting business on an international scale. We showcased the perspective of expanding and scaling business into various markets: the UK and the United States, Asia, and of course, Europe.
Venturing beyond the boundaries of the home market poses challenges both in terms of building business relationships and understanding the dynamics of operating a company in a new reality. During the meeting, experts Filip Jakubowski-Drzewiecki, Steve Monaghan, Karol Sadaj, and Will White shared their experiences of successes, as well as failures, encountered throughout their careers while entering new markets.
The in-depth analysis and discussion covered differences and similarities within the discussed markets. Challenges associated with issues such as different scales of business endeavors, different value propositions, different understandings of value, and work ethics were highlighted. Experts also discussed opportunities provided by the size of the American market, the dynamics of development and specialization of Asian markets, as well as strong regulation on one hand, and the uniformity of the EU market on the other.
We eagerly anticipate the next meeting, scheduled for May 20, 2024. Until then!
