The most impressive professionals achieve numerous spectacular moments throughout their careers. Mike Baur is one such professional. His success story begins when he was a teenager. He’s always had an interest in finance and banking. After leaving Freiburg, his hometown, he earned two business degrees: one from Bern University and the other from the University of Rochester.
He immediately began his career shortly after graduating. He started out as an apprentice at a Union Bank of Switzerland. Those early years were some of the greatest highlights of his life. Everyone at the company knew Baur was destined for great things.
For a start, everyone thought he’d work at UBS forever. For a long while, it looked he would work at UBS forever. He worked there for nearly 20 years, leaving the company in 2008. Before that, he earned numerous promotions and benefited from generous compensation.
By the time he left, he’d earned a reputation for being brilliant at his job. His job was at Clariden Leu, working at their Zurich office. He continued to hold high-ranking positions for the next years. Unfortunately, Switzerland experienced a brief recession, which caused the banking environment to become overwhelmed with red tape.
After leaving Clariden Leu, Baur teamed up with Max Meister. Meister started his own business before and convinced Baur to join him another venture. Baur, free from the banking world, decided that he’d give entrepreneurship a try. Fortunately, Meister wanted to start the same kind of business.
In 2014, the duo co-founded Swiss Startup Factory. Their company became the biggest independent incubator program in the nation. They’ve helped thousands of new tech enterprises get the training and support they need to succeed. The most promising enterprises get additional support, like financial funding and rent-free offices.
For Mike Baur, Swiss Startup Factory is a way to give back to the people. He’s not just running a company, he’s growing the economy. It’s why he invests his own money in some of SSUF’s startups. That personal commitment ensures that SSUF tries everything to help these startups succeed.
It’s that kind of commitment that entrepreneurs learn from Baur. He’s showing them what kind of professional they can be. Baur chose an unclear career as an entrepreneur over a lucrative career as a banker.