Upcoming entrepreneurs are some of the individuals who go through a lot of trouble trying to establish their businesses. There are too many obstacles and challenges along the way to a point they often get bored about pursuing the process. This often happens when no mentor is involved and the startup is left to run in the hands of an amateur. However, this should not spell doom for those who still have good ideas but lack the needed knowhow to run the idea into fruition. Professionals like Mike Baur have a solution that is allowing many Swiss entrepreneurs to seamlessly pursue their ideas.
Mike Baur founded the Swiss Startup Factory, whose sole aim is to incubate talented IT startups and to offer them financial support after the incubation period. Since the facility was founded in 2014, it has taken in many ideas and most of them were molded well to grow into successful businesses. With the massive support the facility receives from successful entrepreneurs and investors, startups find it easy to locate the resources needed to steer them up through the ladder of growth. There are many individuals involved in the growth process and this makes it easy for the upcoming entrepreneurs to learn about the industry and their business model.
IT and Accounting Support
One of the challenges startups face is getting their IT and accounting needs in order. There is always the difficulty of setting things up especially if the entrepreneur is not skilled on certain matters. This is what the Swiss Startup Factory seeks to work on by availing support from professionals who are IT savvy and knowledgeable when it comes to matters to do with accounting. Offering the startups this knowledge makes it easy for them to avoid the pitfalls that occur as a result of making the wrong decisions. Additionally, the world is a digital environment and only those businesses that change to fit within
About Mike Baur
Mike Baur is a Swiss entrepreneur who started out as a banker in the private banking sector of the country. He is the founder and head of the Swiss Startup Factory, which is working with startups across the country by offering them the support needed to steer them towards growth and development. His educational background was based on his Finance and Banking degree. He also earned an MBA from the University of Rochester before he finally joined Bern University to pursue an Executive MBA.