There are a lot of stories that supposedly inspire all who hear them, but in fact, very few stories can do that. Mike Baur’s story is actually one that inspires people. He started out in a Swiss town called Freiburg. He holds two business degrees from two universities.
That’s how everyone’s story begins. Baur’s story becomes unique after getting his first job at a Union Bank of Switzerland. For years, Baur’s wanted to get into banking. He had a natural gift for finance and that’s something one of the hiring managers at UBS noticed. He predicted that Baur would achieve greatness at UBS.
The manager explained, in detail, how Baur would proceed up the company ladder. For the better part of 17 years, that’s exactly what Baur did. Before his thirtieth birthday, he earned an important advisory position. Despite his great success, he lost interest in working with UBS.
In 2008, he joined another bank: Clariden Leu. He worked at their Zurich office for the next six years. Although he’d experienced the same kind of success as he did at UBS, he didn’t feel happy enough to continue working at Clariden. He began overwhelmed by red tape and wanted something new.
In 2014, Baur began chasing a new dream: helping new technology enterprises with young owners. He didn’t want to just open a financial advisory firm; he thought there’d be too much red tape again. Instead, he partnered with Max Meister and co-founded Swiss Startup Factory.
SSUF instantly became more than just another incubator program. It was a place where young owners could learn from top experts and each other. SSUF offered numerous services, none more important than a place where new enterprises could network freely. It’s one of the most important skills SSUF teaches to everyone that participates.
Today, Mike Baur runs numerous companies. Some, he co-founded with partners; other founded by himself. Obviously, he spends most of at SSUF working on financing and fundraising. Even though he’s no longer a banker, he’s still putting his banking skills to good use.
He’s a great mentor to young entrepreneurs. He’s not just a great banker that can teach them about managing their finances. Mike Baur left a lucrative career as a banker to pursue his dream as an entrepreneur.