Sometimes it takes a seasoned entrepreneur to unleash the power of a young and inspiring entrepreneur which is exactly what Mike Baur, the founding partner of the Swiss Start Up Factory, is aiming to do with the Swiss Start Up Factory.
It was during his 20 year tenure in the Swiss banking industry that Mike watched as the old guard of power and Swiss money dropped the ball on tapping in to new Swiss innovation. An entrepreneur himself, Mike believed there was a way to bring some new blood into the mix and so the idea of Swiss Start Up Factory was born.
Climate Change Was Needed
There is a lack of cohesiveness in the Swiss business sector which has discouraged investors and resulted in a stagnation of new growth and Swiss innovation in Mike’s view and he wants to change this.
The Swiss Start Up Factory Concept
Mike compares the Swiss Start Up Factory approach to that of a manufacturing process. The first step of every manufacturing process is of course creating a prototype. Once a prototype of the business is created Mike Baur and his team are able to shape, analyze and evaluate the potential of the new venture. All of this is performed at an accelerated pace as they mentor their young entrepreneur through the process. And when there is favorable proof of concept, the Swiss Start Up Factory then helps to bring a collaborative team of business professionals and investors together before removing their mentoring cap and letting the young entrepreneur take flight.
The goal is to inspire the next generation of entrepreneurs by assisting them through the most critical step of a new business venture, start up. Mike Baur knows you cannot teach someone how to be an entrepreneur but they can help to raise awareness and hopefully help individuals tap in to the entrepreneurial spirit that might be hidden inside and inspire them to work hard to achieve their true potential.