Mike Baur was 16 years old when he started his career at UBS Group AG, as an apprentice. One day, the personnel manager took him aside and showed him a chart which laid out his entire career up until retirement. From that day on he followed it to the letter, going from promotion to promotion until he found himself part of a group researching innovative ways to recruit wealthy investors.
The work he completed at the firm resulted in growth at a neck-breaking pace that is until the economy fell apart at the onslaught of the financial crisis. In 2008, when the Swiss government stepped in to save UBS, the firm turned their attention towards downsizing to stay in business. At this time in his career, Mike Baur left the firm to work for Clariden Leu. After six years he would decide that it was time to follow his aspiration and invest in the talent of startup businesses.
As Mike Baur built out his new company, Swiss Startup Factory, he found a lot of those who applied to his Accelerator Program were former bankers. This unexpected turn of events was due to an increased in regulations post-financial crisis and a number of scandals that came to light, which made the industry less attractive to those seeking long-term careers. As any good businessman would have it, this was an opportunity Mike Baur could not pass up. He developed methods to help these kinds of people realize their full potential beyond that of the banking sector in Switzerland.
The idea behind his new firm was to help startups grow into successful businesses, based on the ideas they already had in place. Mike Baur considered his position akin to that of a manufacturer that produced new companies instead of new products.
As Swiss Startup Factory evolved, it was ahead of any other as it remained highly innovative in its approach to support fledgling startups, but as a weakness, it was difficult to implement these strategies in ways that made it clear to investors in a professional manner the opportunities that were available with these new companies. With his eyes set on achieving their goals, Mike Bauer remains passionate and determined. He believes you can teach people what it takes to be an entrepreneur, but you cannot show them the mentality they need to be one.
No stranger to hard work, Mike Baur continues to push forward and become a positive force in impacting the ecosystem of businesses in Switzerland.
Sometimes, when you are faced with an overwhelming problem with no easy solution, you have to be the one to find and fight for it. This is exactly what Eric Lefkofsky did when he created Tempus after his wife Liz was diagnosed with breast cancer. He was able to see first hand that the healthcare industry was woefully behind in technology compared to other industries despite electronic health records. This problem was not only frustrating, it was deadly. There needed to be a way to collect every last bit of data on a patient and their disease to streamline it into data that was not only accessible, but made sense.
Tempus doesn’t just aim to organize information, it wants to be able to mainstream the collection and use of the human genome by making it more affordable. Lefkofsky wants there to be less of a guessing game when it comes to finding the best medications and treatments for cancer and other daunting diseases. Tempus wants to create an operating system to manage and navigate disease treatment and the human body, this may seem like a lofty goal, but not an impossible one.
Eric Lefkofsky started with the humble beginnings of selling carpet at his alma mater, the University of Michigan, and has recently left his CEO position at Groupon (a company he co-founded) to focus on Tempus and philanthropy work. A video on Tempus’ website states, “We believe we can propel the next breakthrough in healthcare.” Lefkofsky thinks that out of all the changes big data and AI will make to the world, the impact on health technology will be one of the greatest and most rewarding.
In 2006, he and his wife established the Lefkofsky Family Foundation, a charitable organization that focuses on the community in Chicago and its surrounding areas. Eric Lefkofsky has given millions throughout the recent years to cancer research and treatment facilities, along with being a trustee for Lurie’s Children’s Hospital of Chicago. The Lefkofsky’s are so dedicated to their charitable work that they have become part of The Giving Pledge, a group of philanthropists that have pledged to donate at least half of their wealth during their lifetimes.
Details Eric: Facebook.com/eplefkofsky/
There is a lot of buzz in the air about the powerful company that Whitney Wolfe has created. She has become a super force in the social media arena, and even more people are starting to learn about her as she becomes a leader with apps like Bumble BFF and Bumble Bizz.
Bumble is definitely the app that people want to use if they are trying to expand their social circle. Whitney Wolfe is a young entrepreneur that really knows what she is doing when it comes to creating a successful platform for millennials to connect.
There are also middle-aged people that are becoming acquainted with Bumble as well. This shows that Whitney Wolfe has the ability to lure people of different age groups to Bumble. There is a great amount of respect for what Whitney Wolfe has been able to do when it comes to creating meaningful app technology that benefits a diverse group.
Whitney Wolfe definitely wanted to create a very interesting dating app, and she wanted to give women a voice with everything that she created. That is why the woman gets the chance to make the first move when it comes to the Bumble dating app. That is also the reason why she has spoken vividly about women in the business world when she talks about the Bumble Bizz app. She is definitely trying to bring more women into positions of power with the apps that she is creating. She knows that she is a rare commodity in the app world when it comes to leadership.
There are not a lot of people that have been able to crack the glass ceiling if they are females in the business arena. Women have always had a harder time than men when it came to getting into CEO positions. Wolfe knows this, and that is one of the main reasons that she has decided to create what she calls a feminist dating app.
The Dating App world is certainly changing, and Whitney Wolfe wants to be a catalyst for change. She always wants to change networking apps.