Mike Baur is among respectable professionals in Switzerland who have ensured entrepreneurship continues to thrive. Under his mentorship program offered through the Swiss Startup Factory, he has worked with many upcoming entrepreneurs who have sought to advance their careers. Mike Baur came up with the incubation facility in 2014 after he left a thriving career in banking to become an entrepreneur. His decision to leave banking for entrepreneurship came as a major breakthrough that has seen him claim a position as one of the most successful entrepreneurs in Switzerland.
At a young age, Mike Baur was interested in learning about banking and what it entails to succeed as a banker. He proceeded to look for materials that addressed the banking sector, and this passion remained strong until he joined campus, where he chose a business course. In 1991, he completed his course and emerged with high honors. He applied for jobs at different companies and was invited by the Union Bank of Switzerland to take up a position as an apprentice. Here he worked under observation for few months then was hired. At UBS, Mike Baur worked for nearly 20 years before he chose to look for different opportunities.
In 2008, he left UBS for Clarinet Leu, an offer that came with better perks as he was made a top-ranking professional in the bank. With his talent and dedication as a banker, Mike Baur ensured that his career progressed in a trajectory that would soon take him to his peak as a banker. He earned a reputation for his style of leadership and proposing policies that helped to revolutionize the bank. After working with Clarinet Lue for six years, Mike Baur resigned, and this decision came with a heavy responsibility as it marked the end of his career as a banker. He decided to switch to entrepreneurship.
His first step after resigning from Clarinet Leu was to invest in startups, but this did not satisfy his urge to become a successful entrepreneur. Therefore, he established a facility where startups would be incubated for a period of six months. The Swiss Startup Factory came as a perfect idea as it also brought together investors and professionals from various areas including law and accounting, who worked as mentors to the entrepreneurs. The investors who work with the Swiss Startup Factory have been offering financial support to startups and are also able to mentor some of these startups to help them make the right decisions.