Sometimes it takes learning through life to find your passion and for Mike Baur this was the case. Now he gets the benefit of living his passion.
At the age of sixteen he started in the banking industry and soon landed himself a job as a Union Bank apprentice. As he got older he decided to take a break from the banking industry as the recession had caused him to feel less passionate about the industry due to it become less about the individual and more about the ropes they had to jump through.
In order to keep his passion for helping people going, he used his experience as a young go-getter and decided to start the Swiss Startup Factory. The goal of the company is to help incoming technology companies that have a solid plan. With the help of mentors, it takes average startup pitches and turns them into exciting offers that business investors get excited about.
These start up companies benefit from rent free office spaces, as well as three months worth of assistance and help learning how to market their companies locally or globally, depending on the needs.
With a focus on intellectual property, Baur also created Think Reloaded. This program estimates the monetary value of ideas. This service can help entrepreneurs gain financing. One of their main events of the year is the Swiss Startup Day.
This focus is what makes Baur’s businesses different from others. He was once told that there was no need for startup help in Switzerland since the government offered help as well.
He saw the need a business that is independent of other agencies and focuses directly on the startup companies. In order to make sure something will work, Baur uses his experience to test out ideas early on in order to not get excited about a product that won’t sell. He notes that putting time into something that doesn’t sell is a losing situation for everyone involved.
Using his past experiences and his passion for knowledge and startups, Mike Baur is getting to live a life worth waking up for every day.