Mike Baur Overview
Mike Baur is an entrepreneur and businessman. He is a co-founder of Swiss Startup Factory. Swiss Startup Factory is a company that deals with the acceleration of entrepreneurs. They look for successful digital entrepreneurs to work with. The company was initiated in 2014. Prior to co-founding and managing Swiss Startup Factory, Mike Baur worked in the banking industry for more than two decades. Some of the banks he worked for include UBS and Clariden Leu. He transitioned into the start-up business by investing in start-up companies. Baur received credit from the Wall Street Journal during December of 2016 for his dedication as an entrepreneur.
Baur is based out of Zurich, Switzerland. He provides funding advice to potential investors. He has experience in funds and start-ups, making him a well-rounded investor.
During an interview with a Swiss media outlet, Bar stated that the best businesses start with a fantastic idea. He said that spontaneous ideas usually end of being the most successful ones. He stated that many people have good ideas, but they do not act upon them, therefore they do not generate success from those thoughts.
During the interview, Mike Baur said to trust within yourself and never be scared to fail. He advises entrepreneurs to ignore those who speak against one’s goals. He recommends sharing one’s idea to analyze the response amongst others. He pointed out that if goals are shared amongst trusted peers, they can become inspired, and can therefore help you achieve your goal. He says that creating a team around you that shares the same end-goal speeds up the process faster rahter than with just one person.
Baur and Meister
During a different interview, Mike Baur and his business partner Max Meister speak on the creation of their company, Swiss Startup Factory. Their company has helped many entrepreneurs with the funding they needed to strategically advance their businesses. The idea for their company was sparked from a noticeably missing link in the marketplace. They felt a company like theirs was needed to further entrepreneurs and investments.
The two partners describe their days as busy, full of meetings and interactions with entrepreneurs. They also commented on the vital importance of research analysis. They aim to spend a few hours a day with their market researchers. They firmly stated that a company needs to have a strong backbone foundation for success.