The Swiss Start-Up Factory has been in business since 2014. Its main services include mentoring, financing, and access to large investor networks. Co-founder and executive chairman, Mike Baur oversees the financing and fundraising rounds. Before co-founding Swiss Start-Up, he worked in banking for two decades. He then left banking to pursue founding financial start-up companies and founded Swiss Start-Up with Oliver Walzer and Max Meister.
When Founder Stories asked Baur why he left the banking business, his reply was the banking business is very traditional and that it didn’t suit him well personally. He stated that he’s more of a perennial and that he felt that start-up companies were his next calling.
He was asked to explain why the word “Factory” was added to Swiss Start-Up. He said that there were two main reasons for it, the first being that they want to help “manufacture” effective Swiss companies. The second is probably a bit more unexpected to the American mind. He said that he feels that young people are having to work harder to be successful.
Baur also stated that as an independent company, Swiss Start-Up does not get involved in politics. He also believes that the other major factor that makes it stand out from other companies is that they are very straightforward and their process does not have any hidden complications. He also feels that people in general are working against, instead of with, each other and Swiss Start-Up intends to promote the latter. He also feels that there is a seriously lack of professionalism existing in the world in general. As a result, Swiss Start-Up intends to set an ultimate example of what united professionalism is.
When it comes to schoolchildren, Baur believes that entrepreneurship can be taught on the grounds of awareness. However, the mindset has to come naturally and cannot be conditioned in any way.
It is very clear that Baur was not meant to stay in a traditional business. He is one of those people who needs to explore the world more on his own terms.