A leading entrepreneur and a start-up accelerator, Mike Baur has curved a name for in the digital industry. Mike Baur has a wealth of knowledge in finance having previously worked as a banker. This article will detail the impact Mike Baur, CEO and co-founder of Swiss Start-up Factory has had in the digital world.
The 42-year-old Swiss entrepreneur holds an MBA and an executive MBA from the Rochester University, New York and University of Berne respectively. Born in Fribourg, Mike began his career as banker staying true to his childhood dream. He worked as a banker for 20 years till 2014 when he quit. Teaming up with Max Meister and Oliver Walzer, Mike ventured into entrepreneurship with the Swiss Start-up Factory.
Mike Baur began as a commercial apprentice at UBS. He worked his way up from operations to executive board membership in the Swiss Private Banking sector. However, at the age of 39, Mike tendered his resignation and began his entrepreneurial journey as a private investor in promising digital start ups. This was guided by what he felt the lack of supportive structures to cultivate and turn these budding ideas into viable ventures.
Swiss Start-up Factory
The company targets specifically budding and talented Swiss digital start-ups. By incubating, the company offers opportunities to these companies through its wide network in Switzerland and globally, aided by CTI. Swiss Start-up Factory takes start ups through a thorough three month program. They are coached, offered office space and other services while establishing a network to guarantee the success of these start ups.
Mike doubles up as the CFO and CEO of the Swiss Start-up Factory. He handles the fundraising and financing part of the company. Under his leadership, the then young Swiss Start-up Factory sealed a lucrative deal with CTI in 2016. He was elevated to the position of Deputy Managing Director at CTI’s investment arm in January 2016. Through this, SSF was able to form the accelerator program in collaboration with Goldback Group with Fintech Solutions coming aboard in February 2016.
The program transformed SSF making it the biggest privately owned early stage ICT start-up accelerator. Presently, the CTI and Swiss Start-up Factory partnership financially support’s various start ups in Switzerland. Mike Baur also plays the role of a mentor to most of these start ups drawn from Swiss youth entrepreneurship.
Mike also formed part of the jury in a start-up pitching contest, START Summiteer, in St. Gallen in July 2016.
A global lender and a leader in alternative shareholder financing solutions, Equities First Holdings LLC., is seeing a increase in margin loans and stocked based loans. Many banks have change their lending options for borrowers. Therefore, credit based loans and equities lending is gaining more borrowers.
Founder and CEO of Equities First Holding (EFH,) Al Christy, Jr., sees collateralized loans by stocks as an alternative. Some consider margin loans and stock based loans to be synonymous. A margin loan the borrowed must be pre-qualified. A conventional bank loans requires the money to be used for specific purpose. Click Here for more information .
However, the lending firm may liquidate the borrowers collateral without letting them first. A stock based loan borrowers can expect a fixed interest rate between three a d four percent, no restrictions on the loan. Also the money can be used for any purchase.
Equities First Holdings, LLC, since 2002, has provided clients with alternative financing solutions. Also EFH provides Capital against shares traded on public exchanges. EFH is a global company with offices in nine countries, the company has completed more than 650 transactions worth $1.4 billion to date.
EFH provides securities based lending services. It provides loan based on It’s evaluation of the risk associated with stocks and bonds over fourteen years of expertise experience. Mr. Al Christy Jr., was a loan originator at Fidelity Investments, who attended Indiana University. An employee at EFH get bonuses’ every time a loan is repayed for doing a great job. Also a boost for them to stay happy and positive.
http://finance.yahoo.com/news/global-lender-equities-first-holdings-124500530.html for more .
For decades, ChapStick ruled the market when it came to lip balm. Those tiny pocket-sized sticks were a common household staple used by adults and children alike. While the brand was ideal for protecting lips against harsh elements like wind and cold temperatures, it was truly lacking in personality and style. Beyond the original blend, customers had only a few flavor options such as mint or cherry.
In 2009, a new startup competitor called Evolution of Smooth entered the lip balm scene. Their unique, sphere-shaped containers were available in a variety of vibrant colors and flavors. Unlike ChapStick, this novice lip balm company offered lip balm flavors that featured exotic names like pomegranate raspberry and blackberry nectar. The products, which were sold in traditional Walmart department and drug stores, became an instant hit among millennials.
At first, EOS started to gain national attention among the top beauty and fashion magazines. Shortly thereafter, several celebrities began endorsing the brand. From popular Hollywood actresses to well-known musical entertainers, the elite crowd couldn’t get enough of this new beauty addiction.
The creators of EOS lip balm attribute their success to designing a product that catered specifically to younger women. Before their new items were introduced, prior brands tended to market to a general audience that included not only females but men and children too. By effectively recognizing their target audience and using social media tactics to reach customers, EOS was able to grow their business and increase sales very quickly.
Today, EOS is one of the top lip balm brands in the country, https://evolutionofsmooth.com/lip-balm.html. Only Burt’s Bees natural lip products bring in more revenue than Evolution of Smooth. Traditional companies like Blistex and ChapStick have even changed their design and increased their product line in order to win new customers. If recent trends continue for EOS, it looks like the company has a bright future in the health and beauty industry.
Ten years ago, if you wanted to purchase a lip balm your options were limited to clinical tubes from Chapstick or Blistex. It was a situation that hadn’t changed much in a century. Then Sanjiv Mehra, a former executive for PepsiCo and Unilever, teamed with startup gurus Jonathan Teller and Craig Dubitsky to reinvigorate the market. The result, EOS — an acronym for Evolution of Smooth — became a $250 million global phenomenon.
From the outset, Mehra had a clear vision of what he wanted from his product. Consumer research showed that while lip balm was marketed as a unisex medical product, it was most commonly used by women. Despite the enduring popularity of the lip balms on the market, consumers weren’t without complaint. The small cylindrical tubes were too easily lost in purses or pockets. The latest innovation, lip balm sold in small pots and applied by finger, were popular but struck some as unsanitary. Mostly, however, consumer research showed that buying and using lip balm was a chore. Mehra wanted to make it fun.
EOS lip balm (https://evolutionofsmooth.ca/lip-balm.html) was designed from the ground up with the consumer very much in mind. The innovative spherical shape allowed the product to stand out in a purse and ensure it wasn’t lost, as well as facilitated hands-free application. Moreover, the vibrant colors, fruity flavors, rich smells, and even the satisfying “click” of the lid were all designed to appeal to women. That EOS were onto a winner was evident when they landed their first account — with a female Walmart buyer (https://www.walmart.com/ip/Eos-Sweet-Mint-Lip-Balm-0.25-oz/15136069) who instantly fell in love with the product. the product then made its way to the shelves of top stores Well, Target, eBay and Amazon.
From inauspicious beginnings, EOS lip balm has grown in the last seven years into a global market force. In their first year they sold one million units. They now sell that many every week, almost all to women.
Eric Lefkofsky is an entrepreneur that has a knack for generating successful business ideas. He not only creates these ideas he also brings them to life. Just about everything that Lefkofsky does results in success.
He is currently the Chairman of Groupon which is the largest publicly traded company on the internet. He is also the CEO of Tempus which is benefiting from his vast experience and knowledge as a businessman and company manager. See lightbank.com for other details.
Lefkofsky just knows how to pick winning business ideas. He teams up with various people who are involved with business and together they work to create some really outstanding enterprises.
Eric Lefkofsky is dedicated with helping his fellow entrepreneurs to succeed. He started an organization called LifeBank which funds new business ideas for highly profitable startups. Lefkofsky is one of America’s leading entrepreneurs.
Keep in mind that Lefkofsky sold carpet as a young adult and then he started an apparel company. So, he had a business person’s sense from the time of his youth. Throughout the years he had an internet company called Starbelly and he also had a company named Innerworkings which serviced various companies with their printing needs.
He cofounded Echo Global Logistics in 2005. This was a freight company and in 2006 he made MediaBank. Do you get the picture? Lefkofsky is a man who has a good knack for making multiple businesses.
Click Here, http://www.chicagobusiness.com/article/20161001/ISSUE01/310019995/can-eric-lefkofsky-save-your-life
In 2010 his biggest and best company to date came to life. This was Groupon. In 2016 he moved on to start up Tempus which is now being built up under his leadership. Lefkofsky has been involved with many other companies besides the ones mentioned here. Most of these organizations have gone on to become very successful ventures.
Eric Lefkofsky is now focusing his efforts on Tempus and in the future, he will probably be involved with other endeavors along the way. Truly, he is one of the greatest American entrepreneurs in the history of this country.
Visit Eric Lefkofsky facebook.com Account.