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.