Entrepreneurs Profit from Mike Baur’s Banking Experience While Creating Startup Companies

Mike Baur created a business model unlike any of his peers in the startup industry by taking a different approach. Mike’s passion is his work and it’s very lucrative.

 

In 2014, after 20 years in the banking industry, Mike decided to move forward with a personal goal of founding a startup company. Mike began as a young businessman even at the age of 16. However; at age 39, he took a risk and co-founded Swiss Start Up Factory, which has now become a prominent startup company within Switzerland.

 

Prior to making the decision, Mike was already very successful as a banker. He’s worked for leading Swiss banks such as Union Bank of Switzerland and Clariden Leu. His banking experiences led Mike to believe that the traditional banking industry was a choice that no longer served his main passion for expanding businesses and producing talented entrepreneurs.

 

Swiss Start Up Factory works closely with young entrepreneurs and provides the office space needed to conduct business operations and investor dealings. It is a three month program which includes coaching, mentors, an advisory board and personal assistance for aligning investors with an entrepreneur’s company. Mike works directly with the entrepreneurs and investors in order to facilitate successful partnerships. His banking experience is an essential asset as a fund raiser, and for bridging the gap of knowledge between young entrepreneurs and the investor relationship. Mike brings a personal touch to this process, and he also mentors to the teams within the program.

 

Mike’s ambition, motivation and leadership within Swiss Start Up Factory is a fundamental reason the company has become successful. He has a desire to want to assist entrepreneurs with becoming successful. Although there were many practical reasons Mike could have remained within the banking industry, the chance to take a risk and advance the startup industry forward, as well as his business career, has been greatly beneficial.

 

Mike also identified an area of technological advancements within the industry that pivots young entrepreneurs far beyond what typical companies accomplish. He says that understanding the technology to build an agile enterprise will require young entrepreneurs to work hard and be prepared to remain committed to the process.

 

The company needs investors who understand the startup business in order for Swiss Start Up Factory to continue to be the successful company that it has become. With Mike as the Executive Chairman, the company continues to strengthen the startup industry with bold investment strategies and inventive ideas from entrepreneurs.

 

Brad Reifler Defends the ‘Small Time’ Investor

Hollywood tends to take important issues and put them into the public, on occasion at least. This happened just this past year with the Wall Street focused film “Money Monster”. In this film George Clooney’s investing talk show is taken hostage by a bankrupt man with a bomb strapped to his chest. What follows is a taut thriller that details just how wrong Wall Street can be. Brad Reifler, the founder and CEO of Forefront Capital, weighed in on the film by offering his two cents in regards to some of Wall Street’s bigger issues.

Reifler makes it very clear that he believes there to be a fundamental flaw with how brokers operate on Wall Street. The vast majority of brokers out there make their percentages regardless of how well their customers portfolios are actually doing. This means that customers can suffer while brokers get wealthier and wealthier. That sounds fundamentally flawed to us and Reifler seems to agree.

Being a financial expert himself, Reifler was quick to take aim at the way investments are made available to potential customers. For the most part, the lowest risk investments are held above the heads of these non-accredited investors. Instead the SEC has created a definition for ‘accredited investors’ that is so strict it leaves 99% of the people in the country out of contention. This then summarily forces high risk investors to take on high risk investments, creating a balloon that could at any moment end up popping. Now does this sound fair at all? Not to Reifler it doesn’t, and not to anyone else who is actually paying attention to these things.

Reifler has always had an eye on the ‘little guy’ when it comes to the investment world. By way of starting Forefront Capital Reifler has attempted to do his part to help build up small time investors. While it is a tough job, Reifler is up for the job after having done it in his own personal life by helping his father in law. The problems Reifler cited above are real issues but they aren’t the end of the conversation.  Be sure to follow Brad on Twitter, or read more about him on Bloomberg.