Entrepreneurs are often times committed to what they are doing, yet the costs of proceeding, and especially proceeding alone, is onerous and cracks many a business owner. The path to success is riddled with the carnage of those who have gone before. There are so many new and exciting ways to find resources, from crowdfunding options, to internet-based investors looking to support a good idea, that the world is benefiting, at-large, from a major pipeline of developing grass-roots innovators. Mike Baur, entrepreneur and owner of the Swiss Startup Factory, has felt the pain of every step of developing a business, and he made it through. His entire focus now is to pass on what he has found to others who are struggling to find their way to get attention and assistance in growing their business.
Mr. Baur has created a platform, run by a professional execution team, that will assist each entrepreneur, guiding them down a path of successive attempts at reaching lofty goals, while all the while testing their ambition and commitment to their plans. Mike Baur, growing up in the Fribourg area of Switzerland, was surrounded by one of the most venerated financial capitals of the world as he was growing up. We might not ever know if geography had much to do with his interests, but he did develop a seemingly geographically-congruent fascination with banking and finance as a young man. Capitalizing on this interest, he made his passion his career.
Episode 13: Ten Ultimate Tips for Startups
Together with 2 partners, and at the age of 39, Mr. Baur began the Startup Factory, which is considered to be the only independent, and privately-financed business accelerator in Switzerland. Having received his MBA from the University of Rochester in New York, and an Executive MBA from University of Bern, he does spend time with youth through an entrepreneur development program, mentoring them along the way.
The Swiss Startup Factory ultimately wishes to find companies that want to disrupt business norms, and that want to create ambitious new products and business models, with the eventual idea of having a global impact on changing how things are done. A company with a focus on being the place where “innovation meets execution,” in addition to their startup accelerator, they also have a business idea summit, held this year in Luzern, as well as providing those in their program co-working space options and accounting support services. Most people accepted into their program likely count themselves quite fortunate, as they are essentially being offered a rock-solid path to success, and are being taught the tools to use in varying situations so as to continue succeeding.