Mike is a businessman and also an entrepreneur in Swiss. He is a managing partner and co-founder of the Swiss Startup Factory. During his early age, Mr. Baur attended faculty of applied science at University of Bern located in Germany. During 1997-2000, he pursued a bachelor of applied science where he majored in banking and finance. He later went to Rochester university where he did his masters from 2007-2008. He graduated with masters of Business Administration from Rochester University. It’s during the same period of 2007- 2008 when Mike Baur was awarded an Executive Masters in Business Administration from the University of Bern in Germany.
Mike Baur has been working for more than 20 years in the banking sector. He worked for Clariden Leu and UBS banks.having worked for that long long period of time in the banking sector, he quit and decided to start investing his capital. He started his investments from startup companies where later he founded the main Swiss Startup factory. They started the company with his business partners Walzer Oliver and Meister Max in 2014.
He participated at START summiter and he was the jury member, which was a pitching contest that was at Saint Gallen University. It was in January of 2016 when Baur was recognized after being named as the deputy managing director at CTI invest. It was at the time that there was a partnership of Swiss startup Factory with CTI.
He managed to lead his company through an acceleration program together with Goldback Group, that was in early 2016. The company later in February partnered with Fintech fusion.
The startup factory is recognized for giving those people willing to be entrepreneurs funds and connections and also help them thrive in their businesses. It offers guidance through mentoring entrepreneurs so that they don’t jump into business alone.
Mike Baur says that ideas come to him spontaneously. He says that to create a startup, you have to find a gap in the market and it will be the perfect plan. Many people are believed to have better ideas but they don’t have ways to implement their ideas.
Mike believes that when planning for startup, one should not be afraid of failing but work all the time. It’s better to share ideas with others without fearing them to use your ideas to benefit themselves. All everyone needs is feedback so that to get momentum to move on with the idea. Failing is the best thing to start learning from.