Mike Baur Provides Excellent Tips To Startups

Mike Baur provided a few tips for startups. For those who do not know, he is the founder of Swiss Start Up Factory, which is a startup accelerator based in Switzerland. Here is more information about the tips Baur provided, as well as information about Baur.

 

Tips For Startups

In an article, Baur was asked how entrepreneurs can come up with a great idea, and he responded that spontaneous ideas are better than searching for something. He also addressed the issue of people having good ideas but they don’t implement them. He said one reason is because people are not aware of how easy it is to reach consumers these days, and cheap communication combined with good ideas have a great deal of power. Baur pointed out that this was not the case 20 years ago.

 

Baur other tips included what qualities an a person needs if they want to launch a startup. Those tips included not being scared to fail, trust in yourself, work extremely hard and ignore people who don’t believe in you. Baur also recommends sharing ideas because this is how you gain different perspectives.

 

Baur other tips included to keep trying after you fail. He mentioned how you should learn from failing and then learn how to fail better. His advice is to keep standing up and trying.

 

About Mike Baur

Baur is a businessman from Switzerland. He is the co-founder of the Swiss Startup Factory. Prior to the Swiss Startup Factory, Baur spent over two decades in the banking industry. He has worked at major institutions such as Clariden Leu and UBS. Eventually he quit working in banking because he wanted to invest in companies that were in the startup phase, hence the reason for co-finding the Swiss Startup Factory.

 

At the Swiss Startup Factory, Baur’s main role is to lead the company’s fundraising and financing rounds. In fact, in early 2016, Baur led the company through its accelerator program.

 

As you can see, Mike Baur plays a crucial role in the Swiss Startup Factory’s success and it’s expected he will continue to lead them on the path of success.

 

Jim Tanabaum Founder of Foresite Capital

Jim Tananbaum is the CEO and founder of Foresite Capital. He started in 2011 as a health care private firm that is passionate about identifying healthcare leaders that emerge, it then aided in growing to profitability by supplying capital, networks, and the necessary information. Check out LinkedIn for more info.

Jim Tananbaum also co-founded leading biopharmaceutical companies and health care investment practices, before founding Foresite Capital. He is the founder of GelTex Pharmaceuticals. The latter brought some drugs to the market which cost less than 80 million dollars. Visit LinkedIn Forsite Capital to know more.

Besides, Jim co-founded and was also CEO of Theravance that shares a joint venture with GSK’s respiratory franchise.

Jim has many investments that have significantly improved his experience, which includes being a founding partner of Prospect Venture Partners. In the earlier days of his career, he partnered with Sierra Ventures. While there, he contributed in establishing its healthcare services.

In spite of being such a busy person, Jims spent most of his day with other members of his team. The family is his priority, and the favorite thing that he enjoys a lot is having dinner with his family. If he is not with them, he would be networking with friends.

He says that bringing ideas to life does not only involve capital, but also it requires engaging smartest and persistent leaders in healthcare. The business that he does is about giving these individuals the means to make the scientific discoveries that make the greatest impact on healthcare.

Jim notes that he is a risk taker, especially after spending a lot of time understanding a situation. He has learned that whenever he spends time on due diligence, he is more likely to have multiple returns than a loss. His belief is that the greatest sin is not to invest in the big companies because of fear of losing.

Since he was in high school, Jim has had a great passion for interdisciplinary hard sciences, computer since with healthcare. The former math and electrical engineering student at Yale received his MD and MBA from Harvard. He has had long productive relationships with leading academicians.

Jim has a firm believe that the next critical area of healthcare growth will come from the combination of data science techniques and biotechnology. More details can be found on Crunchbase.

Check out his Facebook page

 

Insights About Serial Entrepreneur Marc Sparks

Marc Sparks is a famous Dallas based businessman who started his entrepreneurship journey back in 1975 after graduating from high school. After more than 30 years in the entrepreneurial industry, Marc decided to share his wisdom and experiences on paper, so that others can learn from his journey. He is a strong believer, and that has played critical part of his success. Marc says that it is through the grace of God that he was able to create self-made companies and products worth millions of dollars.

Marc’s Entrepreneurial Skills

Sparks’ passion has always been to create businesses from ideas that others believe they cannot work. Today, he has several portfolio companies under Timber Creek Capital, LP, his private equity firm. Using initial basic ideas, Marc has created successful business model and culture, as well as planning its short-term and long-term growth strategies. He leads by example, setting an avenue for his entire group to follow. According to Marc, the process of starting a company or any business venture begins with planning the right business model and generating resources to enhance its success.

Marc Sparks Background

The entrepreneur is the founder and owner of Timber Creek, LP where he also serves as the CEO. He is a philanthropist, writer, and serial entrepreneur who continues to turn new ideas into real business venture. In his book, ‘They Can’t Eat You’, Marc explains the path he has taken as an entrepreneur to help others achieve success. Marc has partnered with Habitat for Humanity to continue with his philanthropic activities where they construct affordable housing for communities. Furthermore, the entrepreneur has donated one thousands laptops to at-risk kids with American Can Academy through his non-profit organization Sparkey’s Kids. Since the late 80’s, Sparks has been supporting The Samaritan Inn, a Texas based homeless institution that caters for the needs of 160 individuals.

About Timber Creek LP

This is a private equity firm that focuses on transforming the goals of passionate entrepreneurs into profit-earning products and services. Timber Creek Capital is based in Dallas, TX and specializes in a wide range of services including customer care expertise, merchant banking, accounting, legal, web development, networking, marketing and others. The company has over 35 years of experience in the entrepreneurial field, and has managed to navigate entities from startup stage into fruition.

Marc’s Private Life and Engagements

To prevent stress, Marc participates in various activities including hiking, golf, biking, working out, fishing and traveling. He believes in competition, both in business and in sports. As an adventurous, Marc traveled around the world in 23 days, and it offered him opportunity to improve his entrepreneurship skills. Marc is more inspired from his travel than in any other activity he undertakes.

Stephen Murray – Philanthropist and Private Equity Luminary

Stephen Murray, or Steve Murray as he was also known, passed away on March 12th, 2015, just a month after he stepped down as CEO from CCPM, a private equity firm he co-founded in 2006. He stepped down due to health-related reasons.

A New York City native, he moved to Boston, Massachusetts after high school, where he would later get a Bachelor of Arts in Economics from Boston College in 1984. After graduation, he began working as a credit trainee for Manufactures Hanover Trust Co. as part of their analyst training program. In 1986, he married his college sweetheart, Tami Monti of Rhode Island, with whom he would raise four children. Learn more about Stephen Murray CCMP Capital: http://patch.com/connecticut/stamford/stephen-p-murray-52-financial-executive-stamford-resident-vice-chair-boston-college-board-trustees

Throughout the following years he stayed with the firm and in 1989, he joined the private equity and leveraged finance unit of the company. That same year, he would also graduate from Columbia Business School with a Master’s of Business Administration.

After a series of mergers, Manufacturers Hanover became JP Morgan Partners after JP Morgan acquired Chase Capital Partners in 2000. Murray would later become the head of the buyout business in JP Morgan Partners in 2005. Read more: This Old Thing? Private Equity Honcho Drops Little Place Uptown for $11M and Ex-CCMP Capital CEO Steve Murray passes away

Just a year later, Murray was a founding partner of CCMP, a JP Morgan Partners spin-off which paid tribute to its historical companies through its name: Chemical Ventures, Chase Capital, Manufactures Hanover Capital/J.P. Morgan, with the “P” standing for partners. He would eventually become CEO and President in 2007, serving in those positions until he stepped down in 2015.

Stephen Murray was also known as an avid philanthropist, being on the Chairman’s Council of the Make-A-Wish Foundation of Metro New York, serving as Vice Chairman of the Board of Trustees at Boston College, and supporting the Stamford Museum and the Food Bank of Fairfield County. In his official obituary, it was asked that individuals send donations to the Food Bank of Fairfield County instead of sending flowers to Murray’s family.  Learn more about Stephen Murray CCMP Capital: https://www.pehub.com/2007/10/5-questions-with-stephen-murray/

Murray passed away at the age of 52 and is survived by his wife Tami Murray, and their four children.