Have you heard that Mike Baur is growing his new Swiss Startup Factory quickly and with a fierce passion? There are numerous tips that Baur has for startups, but they don’t come easy or without a lot of work. Baur started the SSUF in 2014 with two gentlemen by the name of Max Meister and Oliver Walzer. As one of the Co-Founders of the SSUF, Baur is also the managing partner. His main goal was to take new companies from the first idea to the very last step in the journey. Baur knows how difficult it can be to secure financing for a new business but his banking experience in the fintech industry serves him well.
The accelerator program is designed to assist those entrepreneurs that want to work in the fintech industry as the growth of digital tools in the finance industry takes place. This three-month long accelerator program is one of the top programs in the world, and has joined hands with a similar program in Geneva. Together they refer to their endeavor as “Fusion“, and are helping build great businesses and lifelong legacies in the country of Switzerland.
One of the first things that Mike Baur believes is a contributing factor to success is innovation. Hands down innovation is what drives the success of a new business. When products and services are new and innovative and they change lives they become the lifeblood of the business world. There must be creative potential there in order to build a business.
Additionally, Baur focuses on transparency and what it means to the startups. These growing businesses are nothing shy of a need for transparency on why they exist and how they operate. It’s vital that entrepreneurs understand the core concepts of how these businesses work and how they excel for the good of their respective industry.
There is no doubt that there are many good ideas out there but Baur also knows that a team is critical to making it all happen. Without a good team there is no business and there is no success. Choosing the right people is an important ingredient when it comes to your startup, and that’s something that Baur knows all too well with the team he has chosen for SSUF.