Mike Baur’s Business Career

Mike Baur has been a successful business professional for over two decades. He first began his career in the banking industry in which he would help businesses find ways to raise capital. After two decades in the banking industry, Mike decided to get involved in startup investing. This would allow him to invest money in new emerging companies on a regular basis. Once Mike experienced a lot of success as an investor, he decided to pursue entrepreneurship and co found his own company. His company is called Swiss Startup Factory. It helps a number of businesses get the help they need in order to make their companies as successful as possible. By starting up his own company, Mike has been in position to add yet another successful venture to his career resume.

 

At the very beginning of his career, Mike Baur worked in the banking sector for a number of banks. When working at banks, Mike was responsible for helping entrepreneurs gain access to the capital they needed. Many entrepreneurs were looking to either start up a company or expand it and therefore needed loans to accomplish this. Baur helped businesses achieve this objective by providing loans to a number of businesses throughout his career. Mike would use his business and finance knowledge to evaluate companies and determine how much they needed and their potential for success.

 

Although Baur had a successful career in banking, he wanted to move on to another activity in his business career. He would begin investing his money in a number of startup companies. This allowed Mike to use his own capital to make high returns on a frequent basis. Investing in startups proved to be a very successful venture for Mike as he would regularly earn high profits from the startup companies he invested in. This experience with investing in startups also prompted Mike to eventually start up his own business.

 

After investing in startup companies for ten years, Mike decided to start up Swiss Startup Factory. With this company, he would be able to help businesses by applying the expertise he used in banking and investing. The company holds an event in which entrepreneurs are able to present their idea for a business. Baur and his company then evaluate it and then decide to work with the business owners. Swiss Startup Factory helps businesses by providing advice and guidance on things such as marketing, finance and product development. As a result, many entrepreneurs are in position to improve their chances of building successful companies.

 

 

Eric Lefkofsky Uses Data to Improve Health

There is a lot of data out there, isn’t there? But doesn’t life seem to be a bit stuck? Shouldn’t we have a higher quality of life with all of this data? Thankfully, Groupon founder Eric Lefkofsky has created Tempus to use data to help solve modern health problems.

 

“Making Data Valuable”

 

GIGO is the acronym for “Garbage In and Garbage Out.” If your data is corrupted or worthless, than the final analysis will also be useless. With all of the data available in the modern world, there should be no starvation, sickness or crime.

 

Take CCTV video cameras as a simple example. The City of London has the most cameras per square mile of any location on earth. Has the London crime rate fallen?  More on his facebook.com page.

 

Yes.

 

In fact, the London crime rate has fallen by -10%. Theft and burglary rates have fallen dramatically as the “deterrence” of having so many “eyes” on the streets has made it hard for criminals to hide. Unfortunately, the violent crime rates have not fallen dramatically. As a result of the London results, Chicago has added 22,000 CCTV surveillance cameras, around the city.

 

“Creating Healthy Lives”

 

So, with so much data, why can’t all of the world’s health problems be solved? Groupon entrepreneur Eric Lefkofsky had found that small merchants were not using data as efficiently as they could have. Could the same concepts used to turn Groupon into a success, be applied to health?

 

How much health data did doctors have at their fingertips? Many times, the most important inventions arose in different parts of the world, at the same time. Why was that?  Check www.forbes.com

 

Science requires that thinkers share data to increase the mental energy working on a problem. The World Wide Web is a good example. If you have one computer, it can only process so much. When you connect the computers together, you can create a powerful network.  More on this www.insidephilanthropy.com/guide-to-individual-donors/eric-lefkofsky.html

 

Entrepreneur Eric Lefkofsky explained, “You can collect lots of data, but you can’t necessarily analyze all the data.” Cooperation has advanced science before, now Mr.  Eric Lefkofsky’s Tempus is following that template to improve health.