Mike Baur is leading executive of the Swiss Startup Factory. This is an enterprise that was started in 2014 to deal with training and mentorship of young digital entrepreneurs in the Switzerland and the globe at large. Mike Baur started this company after working in the banking sector where he saw how entrepreneurs were having challenges adapting to the business environment. He noted that a very high number of businesses were falling in the first few years of their operations. This is a thing that pushed him to leave the banking sector where he had accumulated experience of more than 20 years to join the startup industry and help the young entrepreneurs manage their startup businesses.
Mike Baur was born in Freiburg, Switzerland. He attended the University of Berne and the University of Rochester. He holds masters in business administration and executive masters in business administration. He joined the banking industry in 1992, at the age of 16. His first role in the banking sector was as an intern. He was working for the Union Bank of Switzerland (UBS). After his internship, the management was impressed by the skills that he had and offered him a job opportunity at the bank. He was presented with a long-term contract that would see him retire at the bank. Over the years, he would be promoted to various senior executive positions.
Although Mike Baur was destined to stay at UBS for his entire life, this would not happen since after spending almost two decades in the industry, he quit to join another bank in Switzerland known as Clariden Leu. However, even before leaving UBS h had accomplished a lot as a young banker. He had been able to rise to the position of a financial advisor on behalf of the bank when he was barely 30. This was an accomplishment that saw him advice wealthy personalities in the country on the best investment options they could take. Mike Baur joined Clariden Leu as a senior manager in the banks Zurich branch.
After working for a few years at Clariden Leu, Mike Baur quit the banking industry altogether and went ahead to start private investments. Mike Baur together with Max Meister started the Swiss Startup Factory which is an incubator for startups business ion the country. Through this firm, he hopes to train numerous young entrepreneurs and help them manage their businesses. He not only offers training, he also provides startup entrepreneurs with financing and office space.