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Mike Baur, A Small Business’s best friend!

Mike Baur grew up in Freiburg, Switzerland. Freiburg is the capital of the Swiss canton of Fribourg and the district La Sarine. It is located on both sides of the river Saane/ La Sarine, on the Swiss Plateau and is an important economic, and educational center on the cultural border between German and French Switzerland, thus it is no surprise that Mike Bauer began his banking career as a commercial apprentice with Union Bank of Switzerland at the very young age of only 16. He received an MBA from University of Rochester New York and an Executive MBA from University of Bern.

After dedicating nearly 20 years to a career in Swiss private banking, in 2014 Bauer took a giant leap into his entrepreneurial future and, at the age of 39 he, along with co-founders Max Meister, Oliver Walzer and canine companion Mexx – their highly loyal and trustworthy chief of Security, founded Swiss Startup Factory, a company dedicated to assisting Swiss entrepreneurs with start-up tech companies by providing helpful mentoring and training services as well as funding and even rent free office space for a few months. The education the start-up techs receive is invaluable and help to teach them about securing investors, marketing and ultimately how to succeed going forward. Without Mike Bauer, most of these companies would have never gotten off the ground.

In addition, Baur invests a lot of time and private financing in Swiss youth entrepreneurship. He encourages qualifying start-ups to enter pitching contests such as START Summiteer which occurs at Swiss university. At START Summiteer, seasoned financial experts evaluate the startups, and rate several aspects of their plans and ultimately decide who wins. The winner usually receives substantial investments. Bauer serves as one of the judges at these competitions.

In addition to Swiss Startup Factory, Bauer also created and runs Think Reloaded, a company that provides more sophisticated financial advice for affluent clients, though he still works for Swiss Startup Factory where his primary concentration is on financing and fund raising.

In 2016 SSUF partnered with CTI Invest thus Mike Bauer is now CTI Invest’s managing director. Further, Bauer led SSUF through its media accelerator program and its partnership with Fintech Fusion.

With Mike Bauer paving the way for Switzerland’s tech startup companies, Zurich may become Europe’s Silicon Valley!

 

Tony Petrello’s Nabors to acquire Tesco Corp

A company in Bermuda known as Nabors is set to acquire Tesco Corp which is based in Houston. Tesco is valued at $4.65 per share in comparison to the closing price of Nabors shares on 11th August this year. The whole stock transaction is scheduled to be over in the fourth quarter of this year. The deal states that every outstanding share of Tesco common stock shall be exchanged for 0.68 of Nabors common share. The shareholders of Tesco expected to have about 10 percent of shares in Nabors once the deal is ripe. The failure to complete this deal by the 14th day of February 2018, Tesco will have to pay Nabors a total of $ 8 million in accordance to the filings with the U.S Securities and Exchange Commission.

Tesco is famous for manufacturing as well as servicing technology based solutions for the energy industry. Nabors, on the other hand, operates the world’s largest drilling rig fleet that is located on the lands. It is also known for providing offshore platform rigs as well as performance tools. With this acquisition, the Nabors rig is expected to combine with the Tesco’s rig equipment manufacturing and service business. Nabors Drilling will in a great way benefit from Tesco tubular services business.

The chief executive officer of Nabors Tony Petrello revealed that the operating synergies are anticipated to be at about $20 million in year one and later a full run-rate of $30 million and $35 million consecutively. The Analyst Day presentation that made by Tony Petrello will be accelerated in a big way by the transaction.

Tony Petrello graduated from both Yale University and Harvard University. He earned his J.D. degree from the famous Harvard School of Law. In Yale University, he graduated with an MS degree in mathematics. He began working for Nabors in the year 1991 as the chief operating officer. After a year, he was promoted to become the president of the organization. He rose through the ladders to become the current chief executive officer, a position he has held since the year 2011. The organization recognizes him for his dedication.

Tony Petrello’s Social Media:  https://twitter.com/tony_petrello

Mike Baur is Taking Startup Development to a Whole New Level

Mike Baur is an entrepreneur and the senior director of Swiss Startup Factory AG. He is multi-lingual and can speak English, French, and German. Mike has a master’s degree in business administration and executive business management from the University of Rochester and the University of Berne respectively. Mike is driven by the motto to impact and inspire people in Switzerland to start their businesses. He spends his leisure time watching sporting events. Mike is a huge fan of the Fribourg Gotteron hockey club. He is a staunch follower of the Swiss Tennis Pros.

 

Mike Baur’s career history and achievements

 

Mike is knowledgeable in asset management, private banking, portfolio management, and business development. He has worked for various financial institutions that pioneer in wealth management. His tenure in this firms has made him acquire extensive professional experience in the finance sector. These skills have made him establish his company, Think Reloaded, an independent trusted advisor that specialize in start-up coaching, strategic value networking, and business administration. Between the years of 2012 and 2014, Mike worked for Sallfort Privatbank AG as head of the private banking. It is while working in this bank that he acquired excellent investment skills.

 

Mike has held various administrative positions in most of the firms he used to work for in Switzerland. He is the VP of Innovation Lab Fribourg (ILF), a company that empowers students aspiring to be entrepreneurs in the field of business, natural science, and engineering, to develop new technologies. ILF connects them to trainers, mentors, and investors from abroad and locally. He also played a huge role in the development of Swiss Startup Association. This organization is involved in monitoring legal and taxation matters concerning new companies in Switzerland.

 

In 2016, he joined Swiss Startup Invest as the deputy managing director of the firm. Mike spends most of his time overseeing the activities of Swiss Startup Factory AG, a company founded in 2014 as a Zurich-based accelerator. This company operates a start-up accelerator program that offers services such as mentorship and coaching. Other companies that he has worked for includes USB Wealth Management and Clariden Leu. He is a member of the digital board of several Swiss companies. Mike is a keynote speaker at most start-up events, colleges, and small & mid-sized businesses. He gives these lectures so as to sensitize entrepreneurs about accelerating start-up ideas and giving them steps of developing new digital companies.

 

Livio Bisterzo; An Innovative Genius

As the creator of Hippeas, Livio Bisterzo is an innovative and outstanding genius who are all inspired by. Livio Bisterzo is an extremely enthusiastic person, engaging in entrepreneurial ventures since as long ago as 2003 when he was first in college at the University of London where he achieved his Bachelor with honors in the area of Business and Management in Fashion.

Livio Bisterzo first started his now widely acclaimed adventures into the entrepreneurial world with youth culture where he took place honing his skills in marketing to better and grow his community at large, helping with events and other such social gatherings and societal gains. From there he went on in search of something he thought would be more difficult that could really challenge his great ability and creative mind by indulging in multiple different industries and applying his creativity to the world he knew by creating many of his own brands.

Inspired by the idea of enjoying life while staying healthy and pursuing a way to market healthy living to as many people as he can possibly find ways to connect with as well as being highly passionate in the areas of relationships, team-building, sports, food, design, leadership, and brands on Twitter, Bisterzo is a highly accomplished and varied man of many grand talents that knows what he wants and how to go after it with all of his soul and power.

Livio Bisterzo has never been afraid to try something new and attempt to grow something out from the very bottom of a vague idea into a business empire. Giving much of his life including many long dutiful years of hard work and dedication to his craft and impeccable creativity, he has become one of the most detail oriented individuals in his field.

Going on to accomplish so much and becoming the founder of a multitude of brilliant companies such as Green Park Holdings, where made point to create what he calls his “innovative multi-channel food and drinks brand,” Bisterzo has made his name known in a health and nutrition realm of business that is growing so fast it is exceedingly difficult to keep up. His goal in life is to push the world to seek out the best us that we can be, and thanks to his astute manner and audacious mind on Twitter, we are inspired by his cleverness and care for a future society on the brink of brilliance.

Related: https://www.thecaterer.com/articles/331402/livio-bisterzo-to-convert-mayfair-pub-into-italian-restaurant

 

How Don Ressler Worked To Build A Career In A Highly Competitive Industry

Achieving success in a competitive industry like running an online retail is not something that will happen overnight. Many people who establish companies in different specialties quit after several months of hard struggle. However, there are those who soldier on despite the challenges to become leaders in the industry. Don Ressler represents the few who pursue their dreams despite challenges to become successful entrepreneurs. He boasts of establishing several successful businesses in different specialties.

One of the companies he formed and the one that opened his doors to success is FitnessHeaven.com, a company that operated an online shopping outlet for fitness products. This is where Don Ressler learnt most of the skills he used to build other businesses in his career. It was a journey of discovery and trials since he had not laid his hands on business before, so working with to develop FitnessHeaven.com came as a challenge that would help him to grow his skills at entrepreneurship. The company did not record much success but with the little experience he earned, he decided to sell it to do something bigger.

Read more:
JustFab becomes TechStyle Fashion Group
JustFab raises $85M at what sources say is a $1B valuation

In 2001, Intermix Media came up with an offer and they sealed the deal to hand over FitnessHeaven.com. It is at this point that Don Ressler came in contact with Adam Goldenberg, whose passion for entrepreneurship matched that of Don Ressler. The duo agreed to partner so they could form a strong business. Don Ressler began with establishing Alena Media, which worked on the marketing needs that were presented by other companies based online. Two years after inception, they were already getting profits from advertising.

With great motivation and the success they achieved, they were confident they could venture into a bigger and better idea. This led the duo to sell Alena Media in 2005. After the transaction, Adam Goldenberg and Don Ressler went ahead to launch Intelligent Beauty in 2008, which continues to offer unique beauty products and affordable deals.

About JustFab
JustFab, founded in 2010, is a leading online subscription outlet that stocks great fashion products. Members need to pay a monthly subscription amount of $29.95 so they can access exclusive deals. The initial development of the company needed a lot of funding and this led to the application of funding that saw JustFab get $33 million in 2011. In 2012, JustFab further requested for funds from different venture capitals and through a successful agreement, the company was issued with $76 million, which helped in developing it to serve more markets.

Check Don Ressler on TechStyle.com

Brian Bonar Explains How Companies Can Snag Federal Contractor Contracts

Finance executive, Brian Bonar points out there is one sector of the economy that always remains poised for growth: the federal government and more entrepreneurs should take advantage. The government spends hundreds of billions of dollars that is passed through to the states.

A large portion of that money goes directly to small companies, moreover, the government has set a goal that a percentage of state issued contracts be directed to small businesses. According to the Dalrada Corporation CEO, Brian Bonar, every small businesses should look into the opportunity of snagging a government contract.

“Government contracts are plentiful yet the screening process is challenging so patience is critical,” says Bonar. The road to a government contract is not easy. They can be fickle, and contracting standards and guidelines can be inflexible. On average, it may take a new businesses approximately two years to develop the required expertise to land a contract, but its highly advisable you take a shot at selling your services. As Bonar points out in the Bitsylink article,”How to be an Accomplished Finance Executive…,”you must be versatile to meet various company cultures.

Research To Find Opportunities

PR Newswire, Brian Bonar suggests locating those agencies, and sub-agencies that are better suited to purchase your services and learn how they network. If you offer something the government frequently needs most likely it will be found in the government’s GSA schedule. Each forecasts for products and services will list contact information. Businesses can also find contract opportunities on the Federal Biz Opps website. Currently, there are nearly 30,000 vendor opportunities.

Vendors also need to enroll in the federal contractor registration database since officials often perform database searchese to award state contracts. Once registered, vendors that meet specific guidelines are prompted to complete more advanced profiles that explain their capabilities.

Bonar recommends companies pay special attention to their narratives. “When completing a profile, do not neglect past performance and the optional fields like keywords because the lowest price is not always the determining factor anymore,” and “Technical ability and capability weigh heavily.” Keep in mind, after solicitations, if the government accepts your offer, that still doesn’t guarantee you a purchase. Companies must still market themselves to all prospectives.

Learning From Mistakes

According to Brian Bonar, it never hurts to ask questions. If your bid was not accepted, you can requrest a debriefing from the agency. Most of the times they will tell you where you went wrong, and that’s an important element to take advantage of.

Most importanly, Brian Bonar says, take a leap and find opportunities.

Christopher Burch: A True Inspiration

If you have ever wondered what it would be like to be a successful investor and entrepreneur, look no farther than the life of Christopher Burch. Christopher Burch is now one of the most successful entrepreneurs on the planet, and he has recently been named one of the top billionaires in the world by Forbes. He is currently the CEO of Burch Creative Capital, and he has an investment portfolio of over 50 successful startups and businesses. When it comes to entrepreneurship, he is an absolute success.

Christopher Burch had a modest upbringing in Pennsylvania. He was the son of a business owner, whose father always tried to teach him about money and pulling yourself up by your own bootstraps. To teach him the value of work, Christopher’s father got him employed at a construction company when he was 13 years old. This upbringing gave Christopher the knowledge and drive that he needed to become successful later in life.

While attending Ithaca college some years later, Christopher and his brother, Bob, started their own apparel business that bought sweaters for cheap and then sold them at a profit. They invested just $2,000 in this venture, and in a decade it grew to having more than $140 million in sales. They were able to sell the business a few years after that for $165 million, fueling Christopher’s need to continue innovating and investing. This is when Christopher decided to work for himself and create Burch Creative Capital.

The business model of Burch Creative Capital is simple. Christopher wants to find the most new, disruptive, and interesting technologies on the market. He wants those technologies that other investors might stay away from because they are too new and risky. He wants them to be imaginative and extremely fresh, as well as to creative a positive impact on the consumers that use the services or purchase the products. With this business model, he has become successful in the apparel and real estate spaces, helping start and nurse to health businesses like ED by Ellen DeGeneres, Jawbone, Poppin, Voss Water, TRADEMARK, and the Faena Hotel + Universe. Christopher would like to also get more involved in technology and other emerging markets like organic foods in the future.

Each year, Christopher also gives away millions to charities and causes that inspire him, such as the Child Welfare League of China and the Sumba Foundation. Forbes agrees that Christopher Burch is truly an inspiration to anyone that wants to be an entrepreneur.

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About Chris Burch