Here’s Why Mike Baur Ditched His Banking Career to Follow His Passion

Mike Baur, co-founder of Swiss Startup Factory, is a prominent businessman and entrepreneur. Having worked in the banking sector for over 20 years, Baur decided to pursue his passion for helping startup tech entrepreneurs. He quit his banking job which he started when he was 16 years old. In 2014, Baur together with his colleagues, Max Meister and Oliver Walzer, co-founded Swiss Startup Factory (SSUP). Baur participated as a juror in the startup pitching contest of the University of St Gallen. Baur also served as a managing director when SSUP partnered with CTI Investment in 2016. Same year, Baur facilitated the growth of SSUP with Goldback Group in its partnership with Fintech Fusion.

Baur holds a business degree from Bern University and the University of Rochester. While working at UBS as an expert financial advisor, Baur resigned in 2008 and moved to Clariden Leu where he worked for 6 years. Baur then thought of pursuing his passion for helping startup tech entrepreneurs. In February 2014, Baur and his colleagues co-founded SSUP to provide mentorship and training services. SSUF also provides funding, office space, marketing and networking opportunities to fellow tech entrepreneurs.

Baur also encourages startup companies to participate in pitching contests where he serves as a juror. The competition, known as START Summiteer, helps firms of less than $1 million funding to showcase their businesses to potential investors. Baur’s contribution in the contest has largely recognized SSUF as a successful business incubator.

Additionally, Baur also started Think Reloaded, a company that provides financial advice to clients. Baur served as the deputy managing director when CTI Investment collaborated with SSUF. The duo offer training and organize for Swiss Startup Day. SSUF also linked up with BV4, an organization that evaluates the monetary values of ideas, inventions, and intellectual property.

Baur, in his recent interview, pointed out that SSUF is an independent firm and that’s why it has become successful when compared to other business incubators. The firm has also achieved its success through its committed leaders who invest heavily in the firm and other companies that it operates with. Baur also noted that startups must be willing to work hard for them to succeed.

Mike Baur, a Switzerland entrepreneur, and businessman quit his banking career to pursue his passion for helping tech entrepreneurs succeed in starting their companies. Baur, a business degree holder, founded Swiss Startup Factory to mentor the startup companies, offer training and financial services. Through his START Summiteer contest, Baur encourages new firms to participate in attracting potential investors. Baur advocates his success to hard work and encourages all startup companies to do the same.

 

Banco Bradesco’s CEO Luíz Carlos Trabuco Cappi Is Helping Brazil’s Investment Image

Brazil is a member of the BRICS nations. BRICS is the acronym for Brazil, Russia, India, China and South Africa. All of those emerging markets were fueling the global economy six years ago, but all of those nations, except India, fell hard when China’s economy hit a snag. China was importing large quantities of raw materials and commodities from Brazil, but China’s manufacturing sector fell apart, and the government had to bail out that sector and other sectors of its economy.

Even though China threw Brazil under the recessionary bus, Brazilian banks were not hurt by the recession, according to Banco Bradesco’s CEO Luíz Carlos Trabuco Cappi. Trabuco is one of Brazil’s top bankers, and Bradesco is the second largest private bank in the country. Mr. Trabuco’s bank did not feel the economic crunch that other businesses felt over the last five years. Thanks to investments in bonds and insurance, Brazilian banks were making money while the government was trying to fix the stagnant economy.

Read more on tostoadv.com

Luíz Carlos Trabuco Cappi is not the only banker who deserves credit for the banking industry’s success over the last five years. There are other bankers who did their part to make banking the money making industry it is today. Banks didn’t loan people or businesses a lot of money during the recession. But if they did, the interest rate on personal and commercial loans was mind-boggling. Trabuco’s bank knew fiscal growth was the main ingredient in keeping bank investors happy, so Trabuco and other bank board members thought purchasing HSBC’s Brazilian division was a good idea in 2015. When that deal was complete, Bradesco’s stock started to climb, and foreign hedge funds got back in the saddle with Bradesco. Trabuco was instrumental in the success of Bradesco on Wall Street, but Mr. Trabuco knows the stock market is a fickle friend.

Trabuco’s 40-year banking career is a lesson in perseverance and dedication. Mr. Trabuco is a banker who cares about the people of Brazil. The bank’s environmental, social, and education initiatives prove he wants to help Brazil come back from the brink of disaster. Luíz Carlos Trabuco Cappi is helping the country’s investment image and the people at the same time.

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