On December 1, 2022, the xFigure team joined the module organized by BNI dedicated to growth capital. The event brought together leading experts and representatives from the business sector to discuss the key aspects of driving growth and capital demand for sustainable development.
During the event, xFigure shared observations and analyses on the important topics of promoting growth, recognizing good growth, and identifying companies that are suitable for growth capital. The team stressed that growth should not only be rapid but also sustainable, highlighting several indicators that can identify potential problems in a rapid pace of development. These include systemic operating loss, intermittent quality, and growth based on a single customer or supplier.
Regarding the distinction between good and bad growth, xFigure presented the features that make the company attractive to investors, such as: a clear business model, competitive advantage and scaling potential. The opportunity for the company to achieve only good growth was also considered, emphasizing the need for active risk management and use of capital opportunities for growth.
To drive good growth, xFigure recommended securing the necessary resources by raising capital, opening up new markets and establishing partnerships. The team also presented specific examples from their experience in the field, which illustrated the opportunities and challenges facing companies striving for successful and sustainable growth.
The event proved to be a valuable forum for the exchange of ideas and experience, emphasizing the importance of innovation and strategic planning for business development in today’s dynamic economic environment. At the end of the day, the participants were enriched by the topic discussed, ready to apply the shared good practices in their companies and projects for their future success.