As any entrepreneur would agree, inspiration is a big part of career success. Businesses are not easy things to start; they require absolute dedication and determination. There needs to be a certain level of passion and drive to ensure the company’s success.
Mike Baur built up his passion for entrepreneurship over his 20-year career in banking. Though he believed that banking would always be his home, he always wanted to explore a more entrepreneurial career. With that being said, he career in banking was not wasted time. Since his first job at a Union Bank of Switzerland, he’d been a success.
He worked for UBS for over 15 years, earning numerous promotions and generous compensation. Despite his success, he left in 2008 for a job at another bank. He worked with Clariden Leu for another six years, earning the same kind of success and compensation he’d earned at UBS.
In 2014, he left Clariden Leu and went out on his own. After meeting a fellow Bern University graduate, Max Meister, he co-founded Swiss Startup Factory. SSUF immediately became Baur’s new passion. Helping young tech entrepreneurs get their companies up and running made him happy in ways he never thought possible.
It was fun for Baur, helping startups build their names while building SSUF’s name at the same time. Their first year of business, Baur discovered a brilliant way to build SSUF’s name while also helping their startups get the attention of numerous investors: pitching contests. That first year, Baur served as a juror at START Summiteer.
Aside from SSUF, Baur also works with other investment companies. He owns his own financial advice firm, and he created an event called Swiss Startup Day. The event was co-created by SSUF and CTI Invest. That partnership led to another partnership.
SSUF’s name says it all. It’s called a factory for a reason. Factories reflect some many positive attributes that all successful companies need to thrive. His company works hard to continuously produce promising startups that can benefit Switzerland’s economy in both the long and short-term.
Baur’s also driven by his love of being his own boss. He had a career as an employee, which was lucrative, but it didn’t make him happy. He chose his own path rather than do something he didn’t like anymore.