Mike Baur is a shrewd entrepreneur from Switzerland. He serves as the managing partner of Swiss Startup Factory. He is a graduate of the University of Rochester and Bern University. According to Wall Street Journal, which featured Mike Baur’s profile, the executive began his career in banking at the tender age of 16. He has over 20 years of experience in the banking industry. Notably, Mike worked as an apprentice at the Union Bank of Switzerland (UBS) in 1991. Later, the young financial expert joined UBS where he spent most of his time in the 1990s. He was appointed to a top advisory position while still below the age of 30. While here, Baur was privileged to counsel some of the nation’s wealthiest individuals.
The talented banker quit UBS to join Clariden Leu bank in 2008 where he worked at its Zurich office. Here, Mike Baur enjoyed high compensation. However, he decided to quit his job in 2014 to venture into a different field of investing in tech startups. His career transition was occasioned by the post-recession crisis experienced in the banking environment. He partnered with Max Meister and Oliver Walzer to establish Swiss Startup Factory, a company that offers essential training and mentoring programs to Swiss tech entrepreneurs. Through Swiss Startup Factory, Mike provides funding to disruptive startups and additional services like rent-free offices.
Besides disseminating funds, Swiss Startup Factory encourages qualified tech entrepreneurs to participate in Pitch Contests. In 2014, Mike Baur participated at a startup pitching contest, START Summiteer at Swiss University, as a jury member. The event features founders of 30 startups. These individuals speak to the public about their products, business models and strategies. The eligible companies should have less than $1 million. These contests offer them a platform and an opportunity to attract substantial investments.
Mike Baur is the brain behind Think Reloaded, a firm that offers financial consultation to affluent clients. After an interaction with SSUF, he secured a job as the deputy managing director of CTI Invest. SSUF and CTI are responsible for offering training programs and planning the Swiss Startup Day event. In 2016, SSUF entered into a partnership with BV4, a company that estimates the monetary values of inventions, ideas, and other intellectual properties. This evaluation helps SSUF to undertake its investment processes. During an interview, Mike said that SSUF was unique as it operates independently, unlike many incubators who are part of other businesses. Presently, Baur channels his energies to Think Reloaded besides funding and fundraising activities at SSUF.
Mike Baur is the co-founder and CEO of Swiss Startup Factory. The company was formed in December 2014 and has since grown to a multimillion corporation. Mike was among the five members who created and started the initiative and have funded its activities and growth. The company has 43 offices which are located in North America, Europe, and South America. The goal of Swiss Startup Factory is to finance different businesses during their first three months and offer coaching, office space and mentoring to young entrepreneurs. The company has become useful in financing organizations and businesses in their early stages until they stabilize.
Education and work background
Mike is an MBA holder from University of Rochester New York and an Executive MBA from the University of Berne. After graduating, he spent 20 years working in Swiss private banking. During this period, he rose to different ranks and the epitome being an executive board member of the Swiss private banking. In 2014, he began a new entrepreneurial journey together with two members. The Swiss Startup Factory was born in this year. The company is currently the number one in providing ICT Startup Accelerator in Switzerland. Over the two years, the company has enjoyed rapid growth with profits increasing to millions of dollars.
The role of Mike Baur in company management
The position of a Chief Executive Officer in a company is quite involving, and Mike has managed to act in full capacity and steer the company to new heights. Being a co-founder in the business, he understands the best decisions that will influence actions of his staff and other board members. The oversight role on all projects undertaken by the firm is approved by his office. He has played a leadership role through being on the foreline in implementing new offices and setting new goals. Through his experience in banking, he encourages teamwork for achieving the company goals.
Mike Baur has been involved in many seminars and programs of assisting investors. Starting a business and running it to be successful needs more than the money invested in a project. The training and mentoring of entrepreneurs is the most useful stage. Incubation programs are organized where staff members of a business are trained by professionals from Swiss Startup Factory over a period of three months. In numerous occasions, he has attended forums where entrepreneurs are starting up and gives advice on effective management and accounting.
There are few people that succeed in life. The ones that do succeed are the ones that enjoy what they do. Among the people that pursue the types of careers they enjoy is Hussain Sajwani. He is someone that is always involved in projects that bring forth luxurious properties.
Among the pieces of property that he has built are motels, luxury apartments, and many other great pieces of property for people to enjoy. One of the amazing things about his accomplishments is that he has thought about the people and what they want as he has designed the property that was to be built. Learn more about Hussain Sajwani: https://www.linkedin.com/in/hussainsajwani
Hussain has also made a fortune at what he does and has shown a willingness to share it with others. He has participated in many different charitable activities. Among these activities is the campaign to dress one million needy children.
This is one of the most generous things that one can do for people. For one thing, children are the ones that need the most. Therefore, Hussain has taken the time to contribute to the cause of getting the children what they need so that they can function in the world. Clothing is very important to keep children warm and protected.
Hussain is a very hardworking, generous and kind soul. He is also someone who listens to the needs of people. Therefore, he is someone who is an example to be followed.
Aspiring business owners who need someone to model themselves after for success can find it in DAMAC owner. For one thing, he does not just try to get by on the bare minimum. He insists on making sure that he is doing a lot of work beyond the requirements so that any project he gets involved in will be a success. He is also very good at identifying potential problems in the project.