Mike Baur is an executive member of the Swiss Startup Factory, he is in charge of funds at the form. Swiss Startup Factory is a firm that deals with the mentorship of young entrepreneurs who have innovative business ideas. The aim of Mike Baur through this firm is to ensure that these young entrepreneurs are able to grow their ideas into full running business. According to Mike Baur, what ails many startup business ids like of know-how on business management. Many entrepreneurs misconstrue a good business idea with an automatic success. According to Mike Baur, a business idea may be good but poor implementation of the idea will regard the ideas useless.
Mike Baur started Swiss Startup Factory so that he could use his experience in the financial industry to help young digital entrepreneurs learn about the most basic and essential parts of a business. Mike Baur through the Swiss Startup Factory runs a three months program that mentors and trains young entrepreneurs. The accelerator program runs twice every year. Mike Baur started Swiss Startup Factory in 2014 after he quit the banking sector. He had worked in the banking sector for over two decades. Finally, he wanted to run his own private investments.
Mike Baur joined the banking sector at a tender age. He first worked at UBS in 1992. Then, he was an intern. He managed to prove to the management that he was knowledgeable than many professional working in the industry. The management decided to give him a contract that would see him end his career at the bank. Before he could attain the age of 30, he was serving as a financial advisor for the bank in his role, he was able to give financial advice to the wealthiest personalities in Switzerland. Mike Baur did not finish his banking career at UBS. In 2008, he left Union Bank of Switzerland for another bank known as Clariden Leu. At Clariden Leu, he worked for 6 years. He left the bank in 2014.
Immediately Mike Baur left the banking industry, he started his private form known as Swiss Startup Factory. Through the firm, he has been training young entrepreneurs how to grow their startup businesses. Swiss Startup Factory has a number of services that it provides to the participants of the accelerator program. On top of training young entrepreneurs, they ensure that they give them a chance to learn how marketing on a global level works.