When Mike Baur finally quit the banking career in 2014, he was ready to start his own company that would see him address some of the problems he notices the society was suffering from in terms of growing businesses. He was ready to create a company that would offer mentorship and training services to people who needed to get the basic and yet important aspects of business development. In his banking career of close to twenty-five years, he got interact with influential people in the country who came to him for investment advice. As an investment advisor, he noted that there was a huge gap in the country in terms of the knowledge that was accessible to the people. Many entrepreneurs entered the business world without the basic knowledge needed for a business to make significant growth.
Mike notes that many businesses fail within a few years after they are established. He realized that there was a need to have concerted efforts in ensuring that the business environment was favorable to people who wanted to jump into entrepreneurship. He created a company known as Swiss Startup Factory that would help digital startups gain from mentorship and training by people who have already been in the industry for a long time. The Swiss startup factory offers people the chance of gaining knowledge on important aspects of the business development. Swiss Startup Factory has a three months program that is supposed to ensure that new entrepreneur learns all the important aspects of digital business growth. Unlike other companies in the country who just offer inadequate training, Mike Baur ensures that he provides his students with financing and free office space in Zurich to open their business offices.
Apart from the Swiss Startup Factory, Mike Baur established another firm known as Think Reloaded immediately he left the banking sector. Think Reloaded was meant to offer advice to high-income earners in the country. Mike Baur has also been the deputy managing director of a company known as CTI which has a partnership with Swiss Startup Factory. Both CTI and SSUF have been involved in organizing an event known as Swiss Startup Day.
Swiss Startup Factory has also formed a partnership deal with a company known as BV4. This is a company that gives monetary value to intellectual property. Its services are meant to help entrepreneurs get the requisite financing from investors. As a result of this partnership. Mike Baur and his SSUF co-founder Max Meister have benefited from holding managerial positions at BV4.