Startups in any economy have numerous advantages to the economy. Although economists normally overlook them, their impact is huge. First of all, startups create job opportunities for many people. This is an advantage to any country. The ability of the private sector to generate jobs relieves the government the burden of delivering on the citizenry.
Startups also create a sense of inspiration to the young entrepreneurs. When people look at successful startups, they see a possibility of also succeeding with their ideas. The young people of today are innovative and have ideas that can be life-changing. All their need is to witness success happening; this gives them the motivation to continue working hard. Startups also provide young entrepreneurs to risk small and expect huge returns once they ideas work. Finally startups makes the young people believe that it is possible to make it in life following your ideas instead of going through the route of traditional employment. Startups can be the ticket to financial freedom that young people are looking for.
Switzerland is one of the countries that have benefited a lot from a fully developed startup industry network. Every city in Switzerland has numerous companies that are doing very well Switzerland can be compared to the Silicon Valley in the U.S. It is a tech hub. Many digital startups have been set up in the country to implement various tech ideas that young people have. In the journey of establishing a strong startup industry in the country, some professionals in the business sector have recognized the value of the young entrepreneurs in the country and are now working together with them to establish businesses that can develop. These professionals are dedicated to training and mentoring startups entrepreneurs as well as offering them access to funding. One such professional is Mike Baur.
About Mike Baur
Mike Baur have been in the banking sector for a very long time. He has amassed knowledge and experience which makes him the leading mentor in the country; he is the co-founder of the Swiss Startup Factory. This is a firm that deals with startups companies.
Through this firm, Mike Baur has been leading the industry in coming up with ideas that are innovative and which help the startups grow. His ability to mentor train and fund young entrepreneurs who undergo through his three months mentorship program have been impressive. His role in the development of the startups’ industry in the country has been marvelous.