Swiss entrepreneur Mike Baur has put together one of the more innovative companies in the nation. He is the co founder of Swiss Startup Factory which helps provide guidance to a number of startup companies. Over the first few years of the firm’s existence, it has helped a number of new companies get established and experience a considerable amount of success. Before Mike began a career in entrepreneurship, he worked in banking as well as invested in startup companies. These two experiences gave Mike the foundation necessary to successfully start up his own company. Baur’s experience with startups spans over three decades which has enabled him to be a valuable advisor to many new companies looking to achieve success.
Mike’s company Swiss Startup Factory provides comprehensive advisement, mentorship and coaching to a number of entrepreneurs. When looking to work with companies, Swiss Startup Factory allows them to attend an event where they showcase their business. Entrepreneurs will typically present their business idea and tell the company how it can be beneficial for the economy. Baur will then evaluate each business idea and choose businesses that have potential for success. Whenever a business is chosen, it will be given advice on how to improve various things such as finance, marketing, management and the development of products and services.
When a company receives mentorship from Swiss Startup Factory, one of the things they will get assistance with is product development. Since most businesses offer products for sale, it is important to make them competitive. This means producing high quality items that meet the demand for consumers. Swiss Startup Factory will often suggest ways on how to improve the products and to regularly advance their quality. As a result, new businesses will have the guidance they need in order to offer the best products available.
Another aspect that Swiss Startup Factory helps new companies in is finance. Over the course of his career, Mike Baur has provided financial guidance to a number of new businesses. As the co founder of his company, he provides the same thing now to new companies looking to establish themselves. Mike and his company will provide guidance on how to manage income, revenues, expenses, and debts. He will also suggest the most appropriate times to get a loan in order to expand operations. By providing sound financial advice, many entrepreneurs have been able to stabilize the monetary aspects of their company.