Mike Baur is a Swiss professional who runs the Swiss Startup Factory. He uses his knowledge in business matters to help beginners grow their startup businesses. Through his guidance, many businesses have been able to grow successfully and are running very efficiently. Before starting the Swiss Startup Factory, Mike served in the Swiss banking sector for over two decades. His role in the banking sector was that of a financial advisor. He advised the banks he was working under as well as business organizations and individuals who sought his advice. Mike was one of the greatest financial advisers at a very young age, which is something that amazed many who were serving in the banking sector back then. Also following his assistance many businesses were able to make sound financial decisions.
After a long time working with the banking sector, Mike found it prudent to quit and start his own company in line with his career, a company that would see other companies grow. From his experience working in the banking sector, he came in touch with the reality that many startup companies were facing hard times trying to get their operations in order. Most were going through hard times trying to expand their reach to the clientele. It is for this reason that, Mike being well hearted found it important to assist these start-ups handle the initial stages of their operations. His experience advising big business players saw him gain confidence among the business people and relied on him for advice.
To make it more efficient to handle the issue of startup, Mike Baur decided to start his own company that would enable him to exercise his authority with no restrictions. It is for this reason that in 2014 he quit the banking sector and together with two other partners started the Swiss Startup Factory. SSUF was aimed at providing mentorship to the numerous nascent entrepreneurs who lacked the necessary knowledge on business management despite having ideas that are of big impact to the society. The Swiss Startup Factory runs an accelerator program that admits entrepreneurs twice a year to mentor them on business management layout as well as advising them on how to create a market for the products and services as well as the financial sources to grow their ideas. SSUF also offer startups office space to hatch their ideas before moving out to setup their businesses. Mike Baur’s role is commendable and has transformed the growth of startup companies in Switzerland.