Mike Baur is a Swiss businessman that is focused on helping young entrepreneurs to make their dreams of building a successful business come true. Baur is co-funder of Switzerland’s top new business accelerator, Swiss Startup Factory. Baur spent 20 years as a Swiss banker before retiring at age 39. It was the fulfillment of a dream he had ever since he was a youngster. Along the way he earned two MBAs and worked his way up from a commercial apprentice to a member of the board of a top Swiss bank. But now he is starting a second career developing young entrepreneurs.
The idea for starting Swiss Startup Factory came to Baur when most of the start-ups in which he wanted to invest lacked the training and resources to succeed. So Mike Baur collaborated with two of his friends and created Swiss Startup Factory. What makes the company better than other business incubators is the intensity of the processes and the challenges start-ups selected to participate in the program have to face. The program also provides them with training in accounting, marketing, handling taxes, business development and more and provides them with financing and office space in the heart of Zurich.
The results have been great. Swiss Startup Factory is the country’s number one private stat-up incubator. Mike Baur is also collaborating with several other companies to create more start-up incubators. The husband and father was concerned about the future of the Swiss economy and is working to do something about it. At Swiss Startup Factory Baur focuses on market testing the products the start-ups offer to ensure they work well and are something consumers want and need. He also feels entrepreneurs must be passionate about what they are doing for their companies to succeed.
In terms of developing the right mindset to succeed in business, Mike Baur says one of the books he likes the most is motivational speaker and life coach Anthony Robbins’ ‘Awaken the Giant Within‘. Baur says the book offers great basic guidance and many of the tools people can use to reach their greatest goals in life and in business. Mike Baur’s giant within has been awake for many years. It helps to fuel the passion that drives him to maintain the ‘hurricane schedule’ he uses to be as productive as possible while working with young entrepreneurs and their start-ups and building Swiss Startup Factory.