When you think of the word “factory,” you probably think of a manufacturing plant where workers are assembling or processing things, but for Mike Baur it’s a place where ideas are built into game-changing businesses that aren’t found anywhere else. The factory Mike Baur helped found and currently manages along with Max Meister and Oliver Walzer is the Swiss Startup Factory (SSUF) which is also funded by CTI Group, Goldback Group, Helvetia and Red Bull Media and its become one of Switzerland’s top business accelerators. There are several components that go into the SSUF that have helped entrepreneurs become successful with business launching.
The SSUF emphasizes networking as part of its program. Most entrepreneurs aren’t going to be able to build an entire company completely on their own, so being a part of the SSUF enables them to share their ideas with other like-minded individuals and build management and development teams for the company. The SSUF also emphasizes mentoring from business experts like Mike Baur to show young entrepreneurs how to form written plans. A business plan goes beyond just the idea and actually shows what the business will look like once it’s executed. And the biggest component of the SSUF is when the entrepreneurs finally make the pitch for funding, a task that requires them to show investors what their company can do for them.
Mike Baur wanted to form the SSUF because he realized a platform for bringing people with disruptive business ideas that investors could find attractive was mostly non-existent in Switzerland at the time. He was switching careers at this point after his previous years were spent in banking. Baur certainly had high hopes when he started out in banking at age 16 as an apprentice, and he had become an executive at the large commercial bank Clariden Leu by the time he had chosen to leave. But the reason he didn’t stay in banking forever was because Switzerland’s financial sector was changing since the 2008 housing crisis in the US had made its way over to the nation’s banks, and the overall reputation of banking had gone downhill.
Baur had a new vision in which Swiss investors would start taking new risks and encouraging younger generations to build their own wealth through disruptive business ideas. The SSUF has become the starting point for Baur’s vision because it’s been able to rapidly change concepts into execution, and once entrepreneurs have formed their teams and launch their brand, they’re given office space for their early stage. Mike Baur has had a keen interest in financial technology such as blockchain-based products and he’s now formed a partnership between the SSUF and Fintech Fusion to increase the accelerator’s focus in that niche.
Adam Milstein often writes articles about how young Jews can become leaders and sometimes points to historical leaders who fought to preserve Israel’s history over the years, including the Maccabees. One of the most common issues he speaks about is antisemitism which he says has quietly gained footholds in various liberal universities across the US, and he says one reason for this is because groups affiliated with Hamas and the Muslim brotherhood have infiltrated activist groups. Milstein says Jewish-Americans need to be ready to fight against these groups not only possibly in physical combat, but in using the weapons of modern journalism and informing people. He also says they should be ready to call members of congress to make sure no laws are passed that would advocate boycotting Israel.
Adam Milstein calling for Israeli-Americans to rise up against the enemies of Israel may be something he does frequently due to bearing arms as a former member of the IDF. His father had fought for Israel back in the war of independence of 1948 and he followed that same path when he became 18. After he finished his military service, he went college at the Technion Institute of Technology to complete his business training. After receiving his bachelor’s degree, he moved to the US with his wife Gila and daughters, and he completed his master’s degree at USC. Adam Milstein decided to go into real estate since it had a big chance for him to make money despite its risks. He became Managing Partner of a billion-dollar real estate firm known as Hager Pacific Properties.
Adam Milstein spends his time outside the offices of his company involved in philanthropy and campus activism groups. He cofounded the Milstein Family Foundation in 2000 which heads most of his philanthropy, and in 2007 he helped found the Israeli-American Council where he presides as Chairman. One of his favorite ways to promote Jewish activism is through videos, and he’s been a host of a video competition known as Inspired by Israel. His blogs on Jewish culture and issues have been written through the Jerusalem Post, the Times of Israle, Jewish Telegraphic Agency and Jewish News Syndicate.
The confidence that Susan McGalla brings to the marketing industry is very amazing. She has proven herself to be one of the best in the business industry when it comes to marketing her brand. She was the founder of P3 Executive Consulting, and she has currently worked as the Vice President of Business Strategy and Creative Development. Her resume is highly impressive, and she is showing people that she has the ability to manage talent.
When she joined American Eagle she knew that there were mostly males that were working with this company. She wanted to shift the focus beyond gender and put her time into simply making quality products. She moved up in the business world and accomplished a lot with American Eagle Outfitters. The revenues would reach more than 3 billion dollars. This is something that would change the way that people looked at McGalla. She would become one of the most sought after business leaders in the industry.
What Susan has done is create more opportunities for women to penetrate the business market. She has been able to become a dominate force that refused to let her gender become a stumbling block to her career goals. She wanted to break the glass ceiling, and she refused to let anything stand in her way.
Susan McGalla has a degree from Mount Union College, and she has taken pride in building a career after she earned a degree. She emphasizes that it is good to start a career with a solid education. Getting a college degree is important for many professionals. Susan believes that it is important to earn an education in marketing before trying to get into the business.
McGalla is the woman that has broken barriers and created her own lane. She has continued to break barriers because she has transitioned into a role with the Pittsburgh Steelers where she is one of the few women in a leadership role. Susan has been able to thrive because she has never been afraid to work in leadership roles in a male-dominated environment. She has been confident and assertive.