Mike Baur is a Swiss entrepreneur who helps fledgling startups develop their products and services in the earliest stages. For the first 14 years of his career he was a banker at various Swiss banking giants including Sallfort Privatbank AG, Clariden Leu, and UBS Wealth Management. He gradually grew disillusioned with the banking industry and deciding to do something else with his career. Eventually, he co-founded the Swiss Startup Factory AG in Zurich and serves as the company’s Executive Chairman of the Board.
Swiss Startup Factory has developed a three-month accelerator program that entrepreneurs take part in. They are provided with everything they need to get their business off the ground including collaborative office space, mentoring and business services. They also offer these individuals with access to a huge network of entrepreneurs and venture capitalists. The types of businesses that Mike Baur is looking for are those that offer industry disrupting ideas that will challenge prevailing business models, products, and services.
The Swiss Startup Factory has a Founder Story web page that includes interviews entrepreneurs who have created their own businesses, including Mike Baur. Mike has said that one of the things he impresses on new entrepreneurs is that they need to roll up their sleeves and be ready for a lot of hard work. Starting a business is not easy even when you have a company like the Swiss Startup Factory backing you up for the first three months. Many new, young entrepreneurs don’t realize just how much hard work and dedication it takes to succeed. He also says that you can to a degree you can teach entrepreneurship. You can teach about the awareness of it and what it’s about but you can’t teach someone the mindset that it takes.
Mike Baur’s role at the Swiss Startup Factory is to lead the company’s fundraising and financing rounds. He also serves as a mentor to the entrepreneurs that take part in the three-month accelerator program. He also helps to develop the network of entrepreneur and venture capitalists that have partnered with Swiss Startup Factory.
Mike Baur is a graduate of the University of Applied Science Bern, where he earned his banking and finance degrees in 2000. In 2008 he graduated with an MBA from the University of Rochester in New York. He also earned an Executive MBA from the University of Berne in that same year.