Mike Baur is the executive chairman of a company known as Swiss Startup Factory. Baur started this company in 2014 after he retired voluntarily from the banking sector where he had worked since 1991. As he was leaving the banking sector, he had acquired enough experience that could enable him to guide others on how to manage their businesses. In his time in the banking sector, he had the honor of working for the wealthiest people in the country. He used to advise them on the investment opportunities that were available. Mike Baur gained a reputation at a very young age. He had joined the banking sector as an apprentice at the age of 16. He started by working for the Union Bank of Switzerland before he moved on to other banks till within Switzerland.
Mike Baur has been focusing his energies on the development of new ideas especially in the financial sector. Mike Baur appreciates that we are living in a digital age where innovations are driving the world. People who can come up with brilliant ideas which can be monetized have a higher chance of excelling in business. The world today is more accommodative to new ideas. Today, the financial sector is one of those which have been affected by new ideas. There are technologies which have made monetary transaction safer and better. Today, there are many mobile technologies which support pay services. The blockchain technology is another innovation which is bringing changes in the world.
Mike Baur is enthusiastic about disruptive technologies which are coming up lately. He sees as ideas which are worth billions of dollars. Entrepreneurs who will be able to come up with such ideas are guaranteed of success. Swiss Startup Factory is leading other companies in Switzerland in promoting new business ideas. This company is ensuring that any brilliant idea that comes through its doors is not allowed to go to waste.
Startup business are offering good opportunities to investors to invest in ideas which have a high potential. The Swiss Startup Factory brings together young entrepreneurs with brilliant ideas and investors in a platform where they can share ideas. Mike Baur has created a three months incubator program where participants undergo thorough training and mentorship. He also provides them with office space free of charge where they can run their ideas. Mike Baur follows up the performance of the business ideas even after the incubator period is over.