Mike Baur Has A Passion For Mentoring New Entrepreneurs

Mike Baur is a 20-year veteran of the Swiss banking industry. He began as a commercial apprentice at UBS which is a large Swiss private bank. Mike decided that he wanted to begin his entrepreneurial journey at the age of 39. He worked with two other people to form the Swiss Startup Factory. The Swiss Startup Factory is a privately financed and independent early-stage accelerator program. Mike is very involved with inspiring entrepreneurship among the youth. He supports his clients financially and as a mentor. Mike also co-founded the Swiss Startup Association and he is the director of the program.

 

It is notoriously difficult to start a business from the ground up. New business owners have to have a specific plan. That plan must be based on the essential elements of what will make the operation function and reach a level of success.

 

Beginning business concepts are often basic and at times written on notebook paper. Owners must name the organization and know what brand they are wanting to push forward. Being a sole proprietor is completely different from running a partnership. New business owners should decide whether or not they will take full responsibility for all decisions or share the load.

 

It needs to be clear what type of products or services a particular business is offering. Clear communication to the consumer base will undo any confusion and maximize profit potential.

 

Entrepreneurs have to do their research and understand the market they are entering into. Leaders should be carefully chosen. The entrepreneur will either have to do this themselves or hire individuals they trust to run customer operations while they handle their organization. At the end of it all profit potential determines whether not a business plan is going to be successful. Analysis must be done to clearly state what the profit margin is going to be compared to the investment.

 

Mike Baur and the Swiss Startup Factory team have broken these concepts up into different departments of the organization. The Swiss Startup Factory staff guides everyone through the administrative process in order to obtain the permit to work. Other incubators offer a 3-month program while the Swiss startup Factory commits to a 12-month system. The 12-month program is designed to have a definitive impact on the company’s life. Mentors are assigned to give each business owner the best possibility of success.

 

Mentors are there to streamline strategy. They offer insight and insure that products are meeting the needs of the intended consumer base. The Swiss Startup Factory team also take part in developing operating plans and link new entrepreneurs together with centers of influence within that particular market.

 

The Mind Behind The Creator – Jay Z’s Sidekick Desiree Perez

Shawn Corey Carter, better known by his stage name Jay Z, is one of the most successful artists in the history. His lyrical skills and musical talent enabled him to earn over $800 million throughout his career. So, what are some of the latest endeavors in the business career of this mastermind?

Ending the Deal With Live Nation

In 2008, Jay Z signed a decade-long contract with Live Nation that was worth $150 million. As the deal approaches its end in 2018, it seems that there will be no renewal or continuation. This is because Live Nation is not pursuing their operations in the industry of the recorded music anymore.Together with his most successful executive, Desiree Perez, Jay Z has already started looking for alternatives. This includes a visitation to the CEO of Universal Music Grop, Sir Lucian Grainge. If a deal between Roc Nation and Universal Music was struck, it would generate millions of dollars and enable Jay Z to invest more in his streaming service Tidal.

About Dez Perez

Having been around Jay Z for over 20 years, Perez has grown to be one of the main reasons for his success. She is the Chief Operating Officer of Roc Nation, and one of the main driving forces of Tidal music streaming service. In the industry, she gained quite a reputation for her negotiating skills that have landed Jay Z enormous deals.Perez also started as a street-rap artist. As Jay Z launched his musical career, however, she became the person behind the scenes that operates with numbers, contracts, and more. Additionally, she has facilitated a very large deal between Rihanna and Samsung. It seems very likely that she might be the most valuable asset on Jay Z’s team with an incredible knowledge of markets and business.

Source of the article : https://www.crunchbase.com/person/desiree-perez#/entity

George Soros Growth from Rags to Riches

George Soros is a big name in the World we live in. He is a great trader and for sure a successful guru. Having been featured by Forbes as the World’s 19th richest man in the World on February 2017, Soros is known to be a man who has helped so many people in the World. He is a hedge fund trader, philanthropist and an advocate of pure democracy. Soros was born in Budapest a town in the Kingdom of Hungary. His father was a lawyer and the mother a writer. He was very young during the Budapest siege and escaped death by a whisker. He was rescued by his parents from the house to house operation. George Soros relocated for the Kingdom of Hungary to England to further his studies. He joined The London School of Economics to study a bachelor of science in Philosophy and later pursued masters at the same University. He struggled to get a better job but it was a preparation for good life. George Solos after graduating started to look for a job. He worked for several companies that enabled him to gain the experience that has made him the great person he is today.

George Soros applied to be listed for many interviews and later settled for a salesman job at a fancy goods mobile store. The company’s name was Welsh Seaside resorts. This was one of his lowest moments of his life and he felt as if the World had betrayed him.After Welsh and traveling with a van selling goods, he found a fellow Hungarian who was a director of Singer and Friedlander. That was in the year 1954 and he was employed as a clerk. He was later transferred to the arbitrage department. In 1956, a fellow employee recognized his skills and competence and directed him to his father’s brokerage company by the name F.M. Mayer and started working as an arbitrage trader. His field of specialization was European stock. He worked for three years and continued to grow in his career.

He then joined Wertheim and Co and worked as an analyst. He worked until the year 1963 which he thought and planned to save $500,000. This money was meant to take him to back to England to study philosophy. He also worked for ten years at Arnhold and S. Bleinchroeder as Vice President. That is when he grew his interest in the job. He worked on trading strategies with $100,000 investment.He later formed Soros Fund, a company that has made him climb his success ladder.He is also the World leading philanthropic and has helped black people attain University education in South Africa. George Soros is also involved in politics in many ways. He has donated a lot of money to civil society groups to promote peace across the globe. He started with Soviet states but of late he has reached out to great people in the World.

Anthony Petrello And The Million Dollar Deal

As of the coming fourth quarter of the year 2017, Nabors Industries and Tesco Corp. will have come to a closing deal. This deal presents Houston based Tesco bought by Nabors Industries, a company based in Bermuda that has its main office in Houston, Texas.

In this all-stock transaction, the deal estimates Tesco common stock to be at $4.62 per share, according to the closing price of Nabors shares on August 11. That comes out to a 19 percent surcharge of the closing value of Tesco shares on August 11. In addition a 30 percent surcharge of Tesco’s total value based on its net cash balance on June 30.

The deal between the corporations includes every outstanding share of Tesco common stock to be exchanged for 0.68 of Nabors common shares.

Tesco Corp. manufactures and designs technology based solutions for the energy industry.
On the other hand, Nabors Industries is the owner and operator of the largest land drilling rig fleet in the world.

The closing deal will combine Nabors rig equipment subsidiary with Tesco’s rig equipment manufacturing. The two will immediately benefit one another’s operations drastically, Bringing in $20 million in a year followed by $30-$35 million once fully on operation.

At the end of the deal, Tesco shareholders will own approximately 10 percent of Nabors shares.
If the deal does not come to a close as of February 14, 2018 Tesco will have to respond with $8 million to Nabors.

Nabors’ Chairman, President, and Chief Executive Officer Mr. Anthony Petrello, also referred to as Tony, is a proud graduate of Harvard University and Yale University. Mr. Petrello acquired degrees from Harvard Law School and mathematics degrees from Yale University.

Always geared toward success, it is evident that Anthony Petrello would own and run Nabors Industries, the world’s largest geothermal and natural gas drilling contractor.

Aside from the great success Anthony Petrello has had in the contractor business, it is extremely humbling that he is also a member of The Board of Trustees of the Texas Children’s Research Hospital as well as an advocate for the research and study to aid children with neurological disorders in the best way possible.

Anthony Petrello Info: yaledailynews.com/blog/2006/02/21/alum-endows-prize-in-memory-of-lang/