The Swiss Startup Factory is a successful company that has made significant efforts to help new businesses create a successful company. They have created programs to help new businesses learn all that they need to know before getting out and starting their business. Their goal is to decrease the number of failures in business. About 80% of new businesses fail before they reach two years. 96% fail within the first ten years of being in business. The rate of failures continues to decrease due to the Swiss startup Factory’s hard work.
The Swiss Startup Factory was started in 2014 by Mike Baur, Oliver Walzer, and Max Mester. Mike Baur is a successful entrepreneur and phenomenal banker. He has over 20 years of experience in banking. He grew up in Freiburg, Switzerland. He earned a degree in business from Berne University and the University of Rochester. In 1991 at age 16 he began working at the Union Bank of Switzerland. In no time, they had made him an apprentice at the bank. They believed in his success so they gave him a lifetime plan showing all of the positions and promotions he would receive while he was working for the bank.
Instead of following the plan the Union Bank of Switzerland gave him he went to work at Clariden Leu. He was a great banker and advisor, so he leveled up in no time. His love for working in the bank came to an end when the recession hit. After the recession banking became very tedious and stressful, so he decided to go after he dream of being an entrepreneur. He didn’t want to limit himself to the daily duties at the bank any longer. In 2014 Mike Baur and two of his close colleagues helped found the Swiss Startup Factory.
The Swiss Startup factory has changed the lives of everyone that has encountered. Businesses that were looking to rebrand themselves have done so successfully thanks to their work. They continue to thrive by taking into account everything that they are taught by the staff at the Swiss Startup Company. New businesses have also been able to excel after partnering with the Swiss Startup Factory.
The best decision Mike Baur made was to use his 20 plus years of experience in banking to help people starting new businesses. His work ethic is incomparable and definitely one of a kind.