Mike Baur: Great Entrepreneur & Mentor

Most agree that great mentors teach from experience. When it comes to entrepreneurial finance, there’s no better expert than Mike Baur. Baur holds two business degrees from different universities, and he worked in the banking industry for over 20 years. Even in the early days of his career, many predicted his great success.

The first job Baur got in banking was as a finance expert’s apprentice at Union Bank of Switzerland. It was an unusual job considering his first day. Unlike everyone else, Baur attracted the hiring manager’s attention. He predicted that Baur would do great things for the company, but that was not Baur’s dream.

Baur continued working for UBS until 2008. Though he’d earned many promotions at UBS, he wanted a change of scenery. Taking a job with Clariden Leu at their Zurich office was just what he needed. Within six years at Clariden, all the red tape wore him down.

In 2014, he lost his passion for banking. He’d become obsessed with chasing his entrepreneurial dreams. His first act was teaming up with Max Meister to launch Swiss Startup Factory, an incubator program. SSUF is the first independently finance incubator in Zurich. They’ve also achieved global recognition for some of their services.

When the company first started, Baur participated in a pitch contest for new enterprises. He served as a juror to decide who had the best pitch. The competition, known as START Summiteer, only allows small startups with less than one million dollars in funding to compete.

That same year, Baur wanted to start another company. As a way of combining his two passions, he founded a sophisticated financial advice firm called Think Reloaded. That led to him becoming CTI Invest’s Deputy Managing Director. Eventually, SSUF and CTI began collaborating, leading to another partnership with BV4.

Baur’s favorite part of every day is working with new entrepreneurs. Hearing the excitement in their voices makes him excited. His company, being an independent incubator, gets to act quickly whenever opportunities arise. This allows him to jump from one project to the next while continuing to run an important business.

Mike Baur makes a great mentor because of his love for entrepreneurship. Though he started out with a successful corporate career, he left it behind to work with the next generation of business leaders.

 

How Mike Baur’s Company facilitates the growth of Startups

Mike Baur is as an experienced professional in the Swiss banking industry. He was born and bred in Fribourg, Switzerland and has been passionate about working in the banking and finance sector since he was a teenager. Baur chose to pursue the career and currently holds an MBA from the University of Rochester. He also attended the University of Bern and was awarded an executive MBA. Mike has severed Switzerland’s banking sector for the past twenty years. His career in the field has been successful since he sits on the board of one of the leading Swiss private banks. Companies that he has worked for include Sallfort and Clariden.

 

Mr. Baur started venturing into business in 2014 when he was 39-years old. He is a co-founder of the Swiss Startup Factory, which he established with two other partners. The primary function of the enterprise is to motivate and provide financial support to digital innovators who have a high potential. The main offices of the company are located in Zurich, Switzerland. Mike Baur and his partners own the company privately, and they have been seeking funds from various investors. Swiss Startup Factory is the first privately funded enterprise of its kind that has ever been established in Switzerland. The company has been supporting the startup by offering an acceleration program that is conducted for about three months. It offers them a chance to enter the corporate world and also coaches them on how to handle themselves.

 

Mike has been investing a lot of resources and time to ensure the growth of digital technology enterprises that have been established by the youth. As the CEO and co-founder of the Swiss Startup Factory, he makes sure that they are offered the right coaching and financial aid that can facilitate their growth. He has been approaching various business leaders to invest more money in the company so as to support the acceleration program. The company allows its investors to select a business that they would like to fund. The partners of the Swiss Startup Factory guide the innovators on entrepreneurial network and finance.

 

Swiss Startup Factory has enabled various emerging digital technology innovator to thrive in the global market. It carefully selects businesses that participate in its three months acceleration program. The company has also been funding innovative enterprises that are already in business but do not have the resources to grow. Mike Baur has sufficient knowledge and experience that allows him to notice ideas that can be profitable.