Mike Baur is the founder and Chairman of a company that can take entrepreneurs’ ideas and turn them into working companies within a short period of time. The way this works is by creating a network of investors who are interested in these entrepreneurs’ companies and connecting the entrepreneurs to those clients. If the business ideas can survive a three-month test at Baur’s company, the Swiss Startup Factory (SSUF), they will get the funding they need. Baur has three ingredients he believes are needed to turn these startups into successful companies.
First, Mike Baur says entrepreneurs need to be willing to make everything happen. Nothing ever happens by chance when building a business and it’s up to you to make sure you have a real plan to beat your competitors. Second, Baur says every business founder needs to have a plan to change and adapt because things will always be changing amidst the technology revolution. And finally, all businesses that grow must be willing to take risks along the way. Baur has certainly seen this as a change in thinking from the old Swiss way of being risk averse.
Mike Baur remembers how it was before the technology revolution took off and Switzerland was a country built heavily on its banks. Baur at one time sought to be one of those bankers when he enrolled as a 16-year old apprentice at UBS Bank back in 1991 and was told how he could move up the ladder until he reached retirement. He was a brilliant young man who was already managing client investments by the time he reached his 20s and received several commendations from UBS’s Board of Directors. In 2008 not long before the recession hit, Baur became head of the commercial banking division at Clariden Leu and everything seemed to be going just as he had planned. But after the recession, Baur saw how banking was changing and not for the better, so in 2014 he left it and decided to pursue his own ideas.
Mike Baur became good friends with Max Meister and Oliver Walzer who had also decided to leave banking and go elsewhere after the recession, and they decided they could invest in new businesses if they had the right structure to accelerate them. The SSUF was launched near the end of 2014 and has become a partner company with CTI and Fintech Fusion. Baur has also traveled around to various universities introducing his company and hosting seminars with incentives for students to pitch their ideas to investors.
The transportation devices of the world consist of three primary sources that we use in large industry. Large industry can be defined as the industrial structures we use to operate and build modern society with. None of the transportation options we have today are readily seen by the naked eye. These components are, nevertheless, leading the industrial work we achieve.
National Steel Car is a prominent name within forming industrial needs that we have as a modern society. These needs are expanding and suggest that more growth is to come. The role National Steel Car plays in this relates to the locomotive industry. The more weight that can be moved across the U.S. and Canadian nations, the more industrial business there is.
The Needs Of International Business
International business is important for every standing government today. The ability to extend your products and services to other parts of the world is an ability that will make for a stronger local economy. The economic place of Canada and the United States makes the prospects of more business a large potential for world commerce.
This potential is supported by the effectiveness of the railway system. No plane or ship can constantly turn-out as many tons of resources and products as can the locomotive system. This means that the entire world of industry must rely on a suitable component. That suitability is often found in the massive capacity of rail cars. See Related Link for more information.
How Greg Aziz Enables Nations To Combine
Rail cars are the locomotive cars that pull and tug at millions of tons of materials and without missing a beat in the process. National Steel Car works to provide the world with the best innovation in steel-car manufacturing. This work is being led by James Aziz and what he can accomplish as the agency’s CEO, president and chairman.
James Aziz got a hold of National Steel Car at a time when his life was free. This was when the advancements of National Steel Car were also inevitable. Some things in life are about timing, speed and accuracy, and the components that came together to make a successful deal were found the moment Greg went “all in” with National Steel Car.
Gregory James Aziz has made it clear that his management style and ability to read businesses and business environments is far above his peers. Throughout his career, he has been able to take a failing business in an industry that is not as profitable as others and create an international company that no longer seems capable of failing. Gregory J. Aziz is currently the CEO and Chairman of the Board for National Steel Car, a rolling stock manufacturer for railroads located in Hamilton, Ontario. When Aziz purchased National Steel Car in 1994, the company was in disarray. In just a few short years, Aziz was able to make this company as strong as it was in the heyday of railroading.
National Steel Car was founded in 1912 when railroads were the prime method of transporting goods for long distances. The Company was able to go through several recessions and the Great Depression with only a few years of strife. The Company was, for all intents and purposes, a powerhouse in Ontario. There were contracts with every major railroad in the region and employees were happy. However, when the trucking business started to take off in the 1970s, National Steel Car hit a rut. The owners started to tighten their purse strings and stopped putting capital into the business. NSC was sold and re-sold to different owners, each time creating their own business strategy. Read This Article for additional information.
Greg Aziz came in at just the right time. When Aziz took over, the management team had no clear direction. Decades of differing expectations from ownership left them unable to act for themselves, and the lack of capital expenditure left the plant old and almost obsolete. Aziz first flushed massive amounts of cash into the plant and bought new machinery and equipment. James Aziz created a new business strategy based on his knowledge of the industry, making quality railcars the priority, not just low-cost ones. He added new production lines that were demanded by customers, and he increased the plant’s capacity by over 300 percent in just a few short years.
Now National Steel Car is stronger than ever. The Company posts profits every quarter, and they have expanded their reach all across North America. They continue to service all of the major railroads and now boast a labor force of over 3,000. Greg Aziz knew what he was doing when he purchased this failing company in 1994, and it just goes to show that sometimes all you have to do to help a wilting flower is to give it the right kind of love and a little bit of water instead of just throwing it away.