Reviewing The Life Of Mike Baur And Successes In Entrepreneurship

Born and raised in Freiburg, Switzerland, Mike Baur had a dream of one day becoming a successful banker. Even at a young age, he wanted to know more about banking and would often read about the field. And this inspired him to pursue subjects related to the field while in high school. When he was admitted at the University of Rochester, he chose to pursue degrees in business, something that would prepare him to embrace the banking career he so loved. As a result of his persistence to become a banker, he started working at the age of 16 when he joined the Union Bank of Switzerland under apprenticeship in 1991.

 

He would serve at the bank for the entire 1990s period, and this commitment to his work is what led to him getting appointed to a senior position where he worked as an advisor and a key consultant. In 2008, he left UBS and shortly was hired by Clariden Leu. This time he was given a high-ranking post due to the experience he possessed. He served at this position for six years then in 2014 he left banking altogether to pursue entrepreneurship. This also marked the beginning of a new dawn in his life that would see him become among the most acclaimed professionals in Switzerland.

 

To start off, Mike Baur established a facility to incubate talented entrepreneurs in tech. Named Swiss Startup Factory, the facility has so far helped more than 100 startups, most of which are becoming established brands in their areas. His idea attracted the attention of investors, who found it a ripe opportunity to connect with talented entrepreneurs with ideas that are worth millions.

 

To make things work out smoothly, Mike Baur invited professionals and experts from different fields including accountants, lawyers, and financial experts, who came in as mentors to the upcoming entrepreneurs. Additionally, Mike Baur got support from universities from across the country, something that ensured the incubation facility accessed the needed resources to make mentorship an easy endeavor.

 

Immediately after launching Swiss Startup Factory, Mike Baur joined a team of experts who would review the ideas submitted. This team of reviewers was able to single out the most talented startups that would be passed to the next step for incubation and mentorship for six months. The effort he put to bringing this idea to life has earned him a lot of respect as an entrepreneur.

 

Mike Baur on the Personal Level of Professionalism

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. He feels that this is due to the fact that many in the younger generations are not off to a very good start financially.

 

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. He is an ultimate leader in doing so and in using such curiosity for the greater good.