In nearly two decades that Mike Baur spent in Swiss Private Banking, he had made his way from a Union Swiss Banking commercial apprentice to an executive member of Clariden Leu one of the largest banks in Switzerland. At the age of 39, Mike founded Think Reloaded and Swiss Startup as his starting points to the journey in entrepreneurship. Think Reloaded was established as a strategic advisory avenue to reach the wealthy individuals in Switzerland. Mike is one of the important figures in Switzerland’s startup industry. In December 2016. Mike Baur, Wall Street Journal featured Mike Baur’s career in one of its articles. He is a board member and an investor in various Swiss Startups, and he spends most of his time in entrepreneurship. In 2015, Mike Baur, Oliver Walzer, and Max Meister teamed up to form Swiss Startup Factory. It’s the number one privately financed accelerator in Switzerland.
What propelled Mike Baur to start the purely private financed program was his early passion of startup investment. He says that his past participation in startup pitch desks where he assisted many people to do their startup presentations is one of the critical factors that made him think of starting Swiss Startup program. Through giving the trainees a tough and execution driven course that takes three months, the incubator is very sure that its startups are the best. He had faced a challenge of many people discouraging him by telling him that the Switzerland startup market was full, but Mike opted to prove them wrong. Mike adds that the first tests any idea before releasing it to the market and building unwanted product is a waste of time, energy, and money something he avoids at all costs.
He advises that the key to a satisfactory result is to release a product gradually in the market and to take time to learn and validate the results before releasing the full package. Mike Baur continues that the secret of business is having passion in what you do and making sure that your clients, fellow investors, and your staff feel it. To succeed in business, another factor to keep in mind is the connection between you and your workmates through a performance-oriented scheme but make sure you are the final decision maker. The people you surround yourself with will determine the type of person you are. Even in business this phrase applies. You have to surround yourself with people who are business oriented to make it in business.