Mike Baur is a dedicated businessperson and also a great entrepreneur. He is known for being one of the pioneers behind the Swiss Start-up Factory. Mike has great experience in the banking sector, having worked for more than twenty years in this field. He quit so as to establish startup companies, which was before co-founding Swiss Startup with Max Meister and Oliver Walzer in the year 2014.
According to Mike Baur, for one to succeed in the startup world, there are aspects that one should employ. You should not fear to fail; this means that risk taking is a factor that you should be ready to embrace. Avoid naysayers at all cost. These are people that are out there to discourage you in every move that you make. That means that you should set your goals right and adhere to them in all ways possible. Work tirelessly towards the realization of your dream. It is allowed to break one rule here and there for the betterment of the business venture.
Baur advocates for the policy where one shares business ideas with others without the fear of them being stolen. By doing so, one is set to benefit a great deal by receiving valuable ideas and positive criticism. Passing your ideas to different people means that you are encouraging others in your line of thinking, and you may eventually come up with a super team.
According to Baur, failure in your startup business is allowed. You are expected to stand, analyze your mistakes and make progress. No one is perfect and everyone goes through failure now and then. You should not let the failure deter you from scaling high.
Mike Baur believes that every entrepreneur ought to have a strong burning desire to succeed. Only those people who work hard towards the realization of their set goals achieve them. Those who lose heart in the process do not make successful entrepreneurs.
Baur spends most of his time investing in Swiss entrepreneurship and supporting numerous start-ups as a coach and in monetary form. Baur took the position of deputy managing director for CTI invest on January 2016 when Swiss Startup Factory merged with CTI. He was very instrumental at the Swiss Startup Factory through the accelerator program with the Goldback Group. This took place in the year 2016. Swiss Startup Factory led by Baur also partnered with Fintech Fusion in February 216.