Mike Baur: Dedicating Time And Money To Help Swiss Start-Ups

Mike Baur is a very successful banker and entrepreneur. He is also co-founder of Switzerland’s leading independently financed new business incubator, Swiss Startup Factory. Baur started the company in early 2015 with his friends Oliver Walzer and Max Meister. The goal of the company is to give Swiss entrepreneurs with early-stage companies the support, training and resources they need to succeed and grow. Swiss Startup Factory provides an intensive 3 month training program that teaches entrepreneurs about accounting, marketing, financing and more. They also connect them to a network of investors and entrepreneurs all over the world.

 

In Switzerland, the accomplishments of Mike Baur are legendary. Ever since he was very young, he had an interest in banking and finance. By the time he was 19, Mike Baur had graduated from the University of Rochester New York with an MBA and earned an Executive MBA from the University of Berne. He was then hired by UBS as a commercial apprentice. He also went on to work for the Swiss bank Clariden Leu. Mike Baur continued to work his way up the ranks until he was on a major Swiss bank’s board of directors by age 39 when he retired in 2014.

 

Later that year Baur founded Think Reloaded, a boutique financial services company that provides wealthy individuals and families with strategic advice. In early 2015, Baur and his friends Oliver as well as Max Meister co-founded Swiss Startup Factory. Mike Baur also worked with several companies including Fintech Fusion, the Goldback Group and CTI Invest to help a growing number of Swiss start-ups to get the funding and training the entrepreneurs that started them need to succeed. Baur was also a jury member at START Summiteer, a start-up pitching contest hosted by the University of St. Gallen.

 

A husband and father, Mike Baur is also a board member and an investor in several Swiss digital start-ups. Baur’s commitment to supporting young Swiss entrepreneurs is commendable. After a very successful career in banking, he could have easily sat back on his laurels. Instead, he is mentoring young entrepreneurs, finding them the financing they need and training them in the areas they need to master in order to do well. He has expressed his concern about the future of the Swiss economy and is doing all that he can to improve it. Mike Baur truly is an inspiration to young Swiss entrepreneurs.

 

The Loyalty Of Luiz Carlos Trabuco

Luiz Carlos Trabuco is the current CEO of Bradesco, which is one of the largest banks in Brazil. One might think that he had made it to this position due to family favors, but he actually worked his way up from the bottom. When he was just 18 years of age, he started working for the company as a low-level clerk. He started studying philosophy at his local university while balancing his full-time job for the company.

The path he took at university was unlike his peers. Most finance executive will study financial careers, mathematics, or engineering rather than liberal arts. Then again, Luiz Carlos Trabuco is the type of CEO that stands out from the rest. Instead of living life in the fast lane, he prefers to spend time with his family in his free time.

The True Replacement To Amador
The unfortunate death of Amador Aguiar had left the company in shambles as they never had a system of choosing a CEO. Luiz was just age 47 in 1981, which was considered too young to be a CEO of a large bank like Bradesco. The executives of the company had strong feelings towards Luiz as becoming the leader, but they eventually decided to give it to a more senior member like Márcio Cypriano.

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Reforming The Company’s Marketing Strategy
Amador had kept Bradesco with the old fashioned mentality for quite awhile. The company had a policy of avoid reporters but the market was changing. People now had a more involved interest in what companies were doing so positive PR was needed. Luiz had made an effort to launch PR events and keep in close tabs with news agencies. This is one of the things that allowed the company to significantly grow during the 1980s. It is now a widely recognized name that every Brazilian knows about.

Bradesco Aquiring Banks
Marcio had played a big role in the company by going on a buying spree. This had increased the overall market share of the company but also increased liabilities as well. The bank had purchased HSBC Brazil, Banco Bilbao Vizcaya Argentaria, J.P. Morgan Fleming Asset Management (Brazillian office), Banco Ibi S.A. and many others. For a period of time, the bank was raised to the level of being the absolute largest in the country.

Now It Is Luiz’s Turn
Once Marcio had reached the age of 65, the company no longer allowed him to hold an executive position. This is where Luiz was allowed to take the seat of SEO that he deserved.

The financial climate of Brazil was declining at the moment but Luiz still had managed to keep things in order. Since rivals were starting to merge, the company had lost its spot as the larget bank in Brazil. Still, it has one of the most impressive amount of assets and a brand name that is widely recognized. The company now has over 5,300 branches and over 34,000 cash machines around the country.

For more information about Luiz Carlos Trabuco, just click here.