Entrepreneurship is a space that allows those with creative ideas to explore their capabilities. Many entrepreneurs rely on the support they get from other successful entrepreneurs to set up their businesses and run them towards profitability. However, there are those who cannot find people to mentor them despite having great ideas that can be built to offer profitable businesses. This is the category of individuals Mike Baur offers to work with to ensure they also manage to achieve their dreams of running successful businesses.
Mike Baur is a successful entrepreneur who is motivated to work with upcoming entrepreneurs by offering them an avenue through which they can implement their ideas. He founded the Swiss Startup Factory in 2014 and the company has been working to offer young entrepreneurs a chance to nurture their ideas. There is an incubation facility that embraces the most talented startups for a three months incubation session, after which the businesses are able to stand on their feet to face the market and to experience real growth.
One of the things the Swiss Startup Factory holds dear is the value of digital transformations. They offer startups a chance to transform their ideas to fit within the digital infrastructure and to offer value to users. With a team of analysts and experts in matters technology for business, the Swiss Startup Factory provides the needed digital transformations that allow users to enjoy profitability across the market.
Planning for the future
Often when startups are launched, they don’t have a vast plan that caters for the future and changes that might occur along the way. In such a setup, it would be difficult to compete with already established businesses, so there is need to have a plan that spells every step out. The role of planning and execution is to help the business to come up with ideas that can facilitate smooth transition and an easy movement from a small business to an established venture.
About Mike Baur
Mike Baur is a former banker who has benefitted from running an idea that seeks to offer support to young entrepreneurs. He quit his position as a banker in 2014 and went straight into entrepreneurship, where he launched the Swiss Startup Factory. Before he went to banking, he pursued Finance and Banking. He later went for an MBA at Rochester University then later finalized with an Executive MBA from the Bern University.
The Financial technology industry is also known as the FinTech industry. FinTech is using creativity, innovation and a lot of talent to disrupt the old marketplace that was designed by traditional financial institutions. The traditional financial industry is a dinosaur. The archaic system used by banking institutions has caused more harm than most people realize. The typical front-end consumer is exposed to a system that is rooted in greed and mismanagement. The FinTech industry is replacing the outdated banking system with new applications, products, processes and business models. Regular consumers as well as the retail industry, and the corporations that desperately need help when it comes to competitive financing solutions and investments are turning to the FinTech industry.
Mike Baur, a former Swiss banker, is keenly aware of the issues facing the worldwide financial industry. Baur was a Banker in Switzerland for more than 25 years. Mike is one of those Swiss bankers that had clients all over the world. Some of those clients got special treatment from the Swiss banks, and other clients just went with the flow. Baur saw an opportunity to make a difference when he realized that the FinTech industry had the potential to revolutionize the banking industry. Baur is an entrepreneur that happened to be a Swiss banker, and after 25 years of service, he decided to venture out on his own, and start a company that taught tech and other companies how to survive in the global marketplace. Mike called his new venture, the Swiss Startup Factory.
The Swiss Startup Factory is an intense training platform that helps entrepreneurs network, raise capital, understand corporate finance, manage people, and most of all, make money. Baur made a lot of money for the Swiss banks he worked for over the years. He wanted to share that knowledge with the entrepreneurs that will make a difference in the global economy in the future.
The Swiss Startup Factory is all about learning. Mike Baur teaches his clients how to be experts in their chosen fields. Mike offers them a series of intense courses that include accounting, financial management, operations, networking skills, and investor interaction. Those topics are offered in a three-month accelerator program. The Swiss Startup Factory also provides office space and furniture as well as an in-house gym and restaurant.
The Swiss Startup Factory has been up and running for the last two years. There is a long list of graduates from Baur’s company. Many of his clients are based in Switzerland, but others are based in countries around the world.
As a co-founder and the president of the most experienced and one of the largest worldwide alternative credit managers, James Dondero currently masterminds all investment strategies for Highland Capital Management (HCM). In 1993, James Dondero created one of the first non-bank Collateralized Loan Obligation (CLO). He is acknowledged as one of the pioneers who popularized CLOs as financial institutions.
Dondero holds a degree in accounting and finance from the University of Virginia and has designations of Certified Managerial Accountant (CMA), Chartered Financial Analyst (CFA) and Certified Public Account (CPA).
He worked for American Express and a subsidiary of Protective Life’s GIC years before HCM where he managed roughly $1 billion in fixed income funds and $2 billion in assets respectively. Dondero’s portfolio managing experience comprises of emergent market debt, high-yield bonds, leveraged bank advances, investment grade corporates; among others. Mr. Dondero is the chairman of several companies’ board of directors including CCS Medical, Cornerstone Healthcare, and Nexbank. Additionally, he serves as a member of several boards of directors such as NexPoint Residential Trust Inc., American Banknote Corporation as well as MGM Studios.
The Cox School of Business
The SMU Cox School of Business is a satellite campus of the Southern Methodist University. It is a highly rated university and offers a wide scope of graduate and undergraduate business degrees. It was founded in 1920.
James Dondero was recently appointed to the Southern Methodist University (SMU) Cox School of Business’ Executive Board. The appointment serves to strengthen Mr. Dondero’s commitment to the institution vis-à-vis the Highland Capital Management Tower Scholars, an academic program set to recognize and inspire both professional and academic quests relating to public policy.
Highland Capital Management
With headquarters in Dallas and other main offices in New York, Seoul, Singapore and Sao Paolo, Highland Capital Management is a global investment company established in 1993 by James Dondero and Mark Okada. The SEC registers the company as an investment and financial advisor. The company specializes in collateralized loan obligations (CLOs), special-situation private equity and credit hedge funds.