The real test of a good entrepreneur is in whether one can stand again after a business failure. Fortunately for Freiburg-based business leader Mike Baur, he exudes the right personality and the right attitudes to be able to do just that: to rise again after a significant business challenge. We even learned from an article in Red Bull that one reason he is still successful right now is that he has the right mental and financial capacity to withstand business failures.
The Leader of Swiss Startup Factory
Being the co-founder of Swiss Start-up Factory, Mike Baur is responsible for making the company an active supporter of tech start-ups and other innovative ventures today. The 42-year-old Mike Baur is also the man who can make sure that the brilliant ideas being presented to him is not just a mere idea. He has to turn that idea into a business venture that provides value to the world he’s in and make sure that the company he runs does that all the time.
The Interview With Red Bull
Another exciting set of business tips you can get from Mike Baur comes from his interview with Red Bull. In there, he shared that some of the most important things a business start-up should have include: trust, hard work and ignoring the naysayers. Mike Baur event went far to say that one has to work like a pig. He also added that business success should only be possible if one breaks the rules. This, he thinks, is an engine to innovation.
He also didn’t forget to highlight the fact that one has to share ideas. Mike Baur seems to agree with the principle of the collaborative effort. He believes that one should always share with others. He thinks that if one shares, it gives one the chance to be a source of inspiration to many. He is also a firm believer in the fact that only when you share your ideas with people can you get the right feedback for your innovation and offerings.
How To Fix Lack of Motivation
We also learned in the Red Bull interview about how Mike Baur deals with lack of motivation. He believes that when one experiences a dry spell, it should not be seen as a bad thing. It is where you can find the fuel to the fire of your next ventures. That is an opportunity for a businessperson to separate the wheat from its chaff, and that is where all the good ideas are generated.