Swiss entrepreneur Mike Baur is the co founder of one of the most innovative companies in Switzerland. He currently runs a company known as Swiss Startup Factory which helps entrepreneurs launch and operate their businesses. While the company has been in existence for only a few years, it has emerged as one of the more successful. Before Mike started up his own company, he spent a decade investing in startup companies which allowed him to earn high profits. Prior to getting involved with startup investing, Baur worked for banks where he would often meet with entrepreneurs to discuss their financing needs. This allowed Mike the opportunity to get first hand experience with business owners and help them realize their potential.
Mike Baur has had a long career working with startup businesses. His various career experiences have allowed him to gain a considerable amount of knowledge on what startup companies need in order to be successful. With his banking experience, Mike got his first experiences with business owners who were looking to start up companies. He was always talking to them about their business idea and then about their financial needs. Baur would go over their business idea, its profit potential and demand. If things looked promising, he would then approve funding in the form of loans. This allowed these entrepreneurs to get the necessary resources to grow and expand their businesses.
While he had a successful career in banking for twenty years, Mike wanted to go on to more rewarding business opportunities. He would begin investing his money in startup businesses. This allowed him to evaluate companies and put his own funds into the ones that he believed had the most potential to succeed. For Mike, this activity was very lucrative and allowed him to achieve high levels of financial success. Along with allowing him to earn lots of money, Baur would use this as a catalyst for a future in entrepreneurship.
After investing in a number of startup companies, Baur would move on to become a business owner of a startup company himself. He named his new company Swiss Startup Factory which adopted a business model similar to banking and investing. The company operates by allowing entrepreneurs to present their business idea and then have it evaluated. When selected, the business would receive guidance in the form of mentorship and coaching. The assistance provided by Swiss Startup Factory consists of providing advice on things such as financial management, investing, marketing, management and product development.