What Can Young Entrepreneurs Learn From the Professional Life of Mike Baur?

Mike Baur has carved out a niche for himself in the world finance and investment with the launch and subsequent success of his Swiss Startup Factory. But did you know he first took time to build solidify his reputation within the industry? His entry into the investment circles was preceded by two decades of service in the private sector working for different financial institutions including Clariden Leu and UBS.

 

When the time came to jump ship, he didn’t transition straight into the investment world. He started off as an adjudicator in a startup pitching contest at St. Gallen University. Additionally, through a thorough understanding of his strengths and weaknesses, he sought partnership with Swiss Startup Factory Co-founder max Meister who helped fuel his vision to fruition. His successful career and equally boisterous launch of Swiss Startup Factory presents valuable lessons to most young entrepreneurs seeking to follow in his footsteps. Here are few takeaways that every young entrepreneur should consider following.

 

Patience

 

Mike Baur’s interests in the world finance didn’t just sprout at the end of his two-decade career in the banking industry. Rather, he has always had a passion for nurturing young innovators and guiding them through the mucky fields of investment. However, he understood the importance of gaining experience in the industry first and learning from other successful investors and entrepreneurs. Young entrepreneurs, therefore, need to understand the need for patience and first nurturing a dream before pushing it viral.

 

Innovating

 

As an entrepreneur or young investor, you will not always attractive businesses to invest in, thus the need to be innovative. In such a case, go out your way and consider investing in ideas. At one point, Mike Baur was a judge in a University start-up pitching contest where he got exposed to a wide variety of potential investments that aligned with his interests. Similarly, consider investing in original ideas. Mike especially points out to the fact that being part of the success journey of a particular startup helps you appreciate whatever reward your investments reap. This journey changes your perspective towards investments from just reaping returns to the satisfaction derived from impacting other people’s lives.

 

Networking

 

When Mike Baur left the banking career and after exposure to the startup pitching challenge, he understood the need to partner with other like-minded individuals in realizing his Swiss Startup Factory vision. First off, he sought partnership with Max Meister, an equally talented entrepreneur and businessman to complement his idea of a globally acceptable startup factory.

 

Most importantly, he sought the partnership of several startup financiers locally and internationally. This helped pool resources for the factory thereby ensuring that more innovative ideas got the necessary funds needed to facilitate their launch. Young entrepreneurs also need to learn the importance of partnering with like-minded individuals and institutions as well as pooling resources if they hope to fast-track the achievability of their investment goals.

 

Richard Blair of Wealth Solutions’ Mission for Austin’s Community

A recent article was created concerning the services that Richard Blair, the founder and CEO of Wealth Solutions, provide. Located in Austin, Texas, Richard Blair’s company provides top notch services allowing its clients to protect, grow, and manage their assets being that it’s an investment advisory firm. This firm is also a registered investment advisory (RIA) firm, and Blair is highly experienced with several certifications which include CES, CAS, CFS, and RICP.

 

Blair believes that everyone needs a solid plan in the pursuit of all their financial goals. Having said that, he focuses on greatly assisting the community of Austin by offering retirement planning and wealth management to his clients. Blair uses a three pillar approach to accomplish that for his clients which are as follows:

 

Pillar 1: Helping the client in laying out his/her financial roadmap.Pillar 2: Developing a long term strategy to meet the client’s investment needs.Pillar 3: Meeting the client’s life insurance, long term care, and annuities

About Richard Blair

  • Pillar 1: Helping the client in laying out his/her financial roadmap.- this is to identify their goals, strengths, growth opportunities, and risk tolerance.
  • Pillar 2: Developing a long term strategy to meet the client’s investment needs.- this is tailored to meet the specified investment goals and liquidity needs of the client by managing and reallocating assets to full maximum performance of the client’s portfolio according to the market. At the same time, this assistance will reduce the impact associated with negative periods for the client’s investment.
  • Pillar 3: Meeting the client’s life insurance, long term care, and annuities- this is done after he adhered to the steps in pillars 1 and 2.

 

 

Richard Blair of Wealth Solutions started his business in 1994. He earned his bachelors degree in finance and financial management services, and he earned his certifications in CES, CAS, CFS, and RICP. He has developed his firm with the objectives to offer advice and customized investment, wealth preservation, and retirement strategies. He enjoys the challenge in assisting others to accomplish their financial goals. And his decision to provide financial advice and services to small businesses, families, and individuals was hugely influenced from his family’s teaching background. His mother and grandmother were teachers in which he witnessed the effect of how teaching increases people’s knowledge as well as their confidence.

 

Helane Morrison Shatters the Glass Ceiling While Staying Ethical

Helane Morrison is a true rarity in the government . Despite all the corruption arround her, this capable government worker and rising star who started off in the world of journalism has not only shattered glass ceilings but has not wavered from the moral path she has set to follow. Today she works tirelessly to end the gap that exists between men and woman in the financial sector.

Helane Morrison began her career as a law clerk for Supreme Court Justice Harry A. Blackmun and the Hon. Richard A. Posner of the U.S. Court of Appeals for the Seventh Circuit . After passing the bar, she started her career in private practice, where she quickly became an expert in the Securities and exchange commission (SEC) in the San Fransico office. Helane Morrison holds the distinction of being the first woman to hold this office. After serving for several years as the securities and exhange comsissioner’s enforcer she is back working in the private sector as Managing Director, General Counsel, and Chief Compliance Officer of Hall Capital Partners LLC. 

Helane Morrison’s career is one that has breaks boundaries and made great changes. Morrison is proud that she was able to do so while remaining ethical and upholding the laws of the United States.

While more women are entering the workforce, and the gap is getting smaller, Morrison realized that there was still a big gap in the financial and legal sectors of the economy. She discovered over the course of her career that there were financial groups that held seperate meetings for women, which she felt was detrimental to the careers of her peers because it kept them from participating in the boardroom with the men.

She felt that it was an important way for her to continue to shatter the glass ceiling and break barriers in her field of choice. By supporting and being a part of an organization where women held all of the executive offices and positions of power she could provide opportunities for younger women to break the same barriers and get ahead in their field. 

Morrison uses her expertise that she has gained through her years as a lawyer and at the SEC to be an important part of Hall Capital.

Human Rights Foundation Tried to Stop Nicki Minaj

The Human Rights Foundation along with its founder, Thor Halvorseen, did everything it could in order to prevent Nicki Minaj from performing in Angola. However, it did not block her plane or detainee her. The foundation wanted her to make the right decision on her own. However, the musician decided to not do what was best for humanity and instead do what helped out her pocket book instead. Some people might ask what was wrong with performing in Angola and why the Human Rights Foundation should care. Thor Halvorssen pointed out exactly why it is a very important matter and why everyone should care about it.

The nation of Angola, a West African nation, is led by a dictator. This dictator rose to power due to the discover of both diamonds and oil. Many of the world’s blood diamonds come from Angola. These diamonds are unearthed by individuals forced to work, often at gunpoint. The majority of these workers are not paid at all but instead forced into it, being given just enough food and water to survive. It is more or less a concentration camp, with the profits going almost exclusively towards the ruling family. This ruling family takes the money it makes from the diamond and oil industry and buys services for itself in order to enjoy life fuller while making life especially devastating for millions of people living within the country.

The rulers of Angola requested Nicki Minaj to perform for them during the Christmas holidays and offered to pay her $3 million in return. Thor and his Human Rights Foundation instantly saw that Nicki would not only be directly receiving money from the sale of blood diamonds and blood oil, but she would more or less be supporting the dictator and his family by performing specifically for him. Thor educated Nicki and her management team on this as well, requesting her to cancel her performance and instead to not support such an evil dictator.

Human Rights Foundation is the brainchild of Thor who has worked with several other non profit organizations in hopes of improving the lives of others around the world. With his help, millions of people have received shelter, food and clean water.