Mike Baur is not the type of businessman who looks for an overnight success. Following an impressive 20 year banking career, in 2014, Mike founded the Swiss Start Up Factory (SSUF) as a pivot for a brand new enterprise. As the Executive Chairman of the leading and most-prominent startup Company within Switzerland, Mike has created a platform for doing business in a way that is far from the traditional banking industry.
While many businessmen look to profit margins to guide their chosen industry, Mike chose his passion for inspiring and impacting people. Mike saw an opportunity to assist young entrepreneurs to find their way through the digital transformation era and believed that his level of enthusiasm and passion for doing business would be the perfect blend for producing startup companies.
Today, SSUF has the most sought-after program within Switzerland for young businesses and entrepreneurs to seek an opportunity where they can also receive capital. Swiss Start Up Factory increased its applicant receipts in 2016 by receiving 1,500 applications and 50 of those ultimately were batched within the startup program.
Those who are successfully selected into the program receive an exclusive level of coaching, mentoring, and they’re provided the office space to freely brain storm ideas as well as handle administrative business dealings. SSUF provides each team complete access to advanced technology that helps build the business infrastructure. Eventually, they’re paired with investors who are seeking new ventures to invest capital which Mike is heavily involved within the process.
Additionally, the SSUF program gives legal and financial guidance to support each phase of their new enterprise. The accelerator program was designed personally by Mike. Although Mike remains as the Executive Chairman of the company, he’s still actively involved in the process by providing mentoring to teams, and he provides the type of direction as a leader that keeps the momentum of the program continuing in the right direction.
Mike believes that talent is only part of the equation for succeeding in business. He says that bridging people’s talent with their passion is a perfect ingredient for success, but they also have to want to work hard for it.
One of the greatest assets of Mike is within his ability to lead. He has an extraordinary aspiration for wanting to see people succeed. Mike’s passion is his work, but it is also with helping entrepreneurs excel in their business and reaching their highest potential.