Most people would dream of having a high paying and successful banking career. However, one Swiss businessman left his high-income finance job to pursue his passion in the entrepreneurial world. That person, Mike Baur, has found success on his own terms and has served as an inspiration to thousands of other would be start-up businesses.
Mike Baur started his career in finance when he was only a teenager. At the time, he worked in an entry-level position at the Union Bank of Switzerland. Learning the finance ropes at a young age served Mr. Baur well. He continued to work at Union Bank of Switzerland throughout the 1990s and found himself in an important position, at the bank, before the age of 30. At this position, Mr. Baur advised wealthy Swiss clients and was earning a high income. Mr. Baur would continue working at the Union Bank of Switzerland until 2008.
It was soon afterward that Mike Baur found himself working at Clariden Leu’s Geneva office. At this Swiss Bank, Mr. Baur handled wealth management duties while continuing to earn a high income. It was a dream job and a dream life. However, Mr. Baur felt the itch for something more and left his high paying wealth management career in 2014.
Soon afterward, Mr. Baur set out to start his own company. So in 2014, Mr. Baur co-founded his company which was called Swiss Startup Factory. The company’s mission is to incubate and help young Swiss entrepreneurs through the difficult early stages of starting up a company. The company offers a wide range of services to help the start-up get off the ground.
Mr. Baur’s company provides these entrepreneurs with several months worth of guidance. Afterward, the company encourages the young start-ups to enter a pitch contest where the winners will most likely receive attention and subsequent funding. Swiss Startup Factory has since helped dozens of small companies get off the ground.
In a recent interview, Mr. Baur mentioned that one of the secrets of his company’s success is that Swiss Startup Factory is independent which allows it more flexibility to help entrepreneurs. In return, Mr. Baur’s company is able to foster an active entrepreneurial scene in Switzerland.
From banking to wealth management to start-ups, Mike Baur has found success by helping others. Today, many small start-ups are finding success thanks to Mr. Baur’s hard work. As the Swiss Startup Factory continues to help budding entrepreneurs, Mr. Baur will be ready to lead the way.