In the wake of disasters affecting communities, it is quite easy to identify companies that are not just after profits. There are compassionate companies who have a corporate social responsibility to the communities in which they operate and beyond. Nabors industries under the guidance of their philanthropic CEO Anthony Petrello rose to the occasion when Hurricane Harvey hit Houston and Texas communities in 2017. At the time, food supplies were scarce as demand was high following the destruction of homes and flooded streets.Nabors Industries workers were instrumental in relief efforts and went whenever their efforts were needed especially along the Gulf Coast.
They even had a kitchen on the disaster site that cooked hot meals for the local families. They cooked three times in a day. The company offered them paid time off so that they could help without being worried about work. Anthony Petrello equaled the employees’ $73,622 donation. This was in solidarity with the 10% employees of Nabors Industries who were in one way affected by the Hurricane. Giving back to the community is part of Petrello passion. His passion has spread to Nabors Industries as they can be seen taking part in special events, fundraisers, and community projects. He encourages this spirit even as they work, where they are free to eat at the company’s workplace barbecue pit. They are encouraged to work on their health and fitness.
There is also a company coffee house from which they can enjoy some coffee. This was not the only instance where Petrello was giving, he and the company have donated to the Bike MS, the Susan G. Komen Foundation, as well as over $3 million in education scholarships. Tony and the company also donated $7 million to Texas Children’s Hospital in aid of medical research for childhood neurological disorders. Anthony Petrello is the Executive Committee’s Board Chairman, President, and CEO of Nabors Industries Ltd, a world leader in drilling geothermal and natural gas. He is a Yale and Harvard graduate having a BS and MS in Mathematics. He is married to Cynthia and serves as a Director of Stewart & Stevensons LLC.
Mike Baur has over 20 years of experience in the banking industry in Swiss. Mike is the co-founder of the Swiss Start-up Factory AG. He started his journey in entrepreneurship in 2014 at 39 years of age. He co-founded the Swiss Start-up Factory together with two other partners. Mike was born in Fribourg, Switzerland. He was interested in banking and finance as a teenager. He says that it is a great joy that his passion turned out to be his career. Mike started his work in the Swiss Banking Industry by working at UBS where he served as a Commercial Apprentice. Mike later went on to become an executive board member at a big private bank in Swiss. Mike had started investing in Startup Companies before co-founding Swiss Start-up Factory with Oliver Walzer and Max Meister. Mike Baur was a jury member at a startup pitching contest known as START Summiteer held at the University of St Gallen.
Mike was appointed the Deputy Managing Director of CTI Invest after Swiss Startup Factory made a partnership with CTI in January 2016. Mike was in charge of the accelerator program at the Swiss Startup Factory with Goldbach Group during the beginning of 2016. The Swiss Startup Factory is a privately owned company. It is Switzerland’s leading Financed ICT Startup Accelerator. Mike has an Executive MBA which he earned from the University of Bern. He also went to University of Rochester New York where he received his MBA. He offers his support to some different Swiss Startups as a mentor and financially. He is also involved in the Swiss Youth Entrepreneurship.
Mike’s responsibility at the Swiss Startup Factory is to oversee the financing and fundraising rounds at the company. The Swiss Startup Factory looks for digital entrepreneurs who are thriving and provides them with exciting opportunities via its robust network both in Switzerland and around the world. The accelerator company is based in Zurich. It has been able to expand and grow since its inception through the leadership of Mike Baur. The Company offers an accelerator program that runs for three months. They provide a unique platform for coaching, office space, services, entrepreneurial program, and mentorship to enable individuals to achieve their entrepreneurial goals. Mike Baur has extensive skills and experience. He is determined to steer Swiss Startup Factory to meet its strategic aims and missions while impacting on the lives of young and potential entrepreneurs.
It is no secret that entrepreneurship is the center of the world’s economy. However, entrepreneurship can be challenging.One of the challenges includes starting up, the foundation of the business. From technical business terminologies to entrepreneurship networks, the whole process can be hectic. That is why a man like Mike Baur is instrumental in the field of entrepreneurship. As a teenager, Mike loved banking and finance. Mr. Baur is a Swiss businessman. He serves as the co-founder as well as the managing partner of a startup factory called Swiss Startup Factory. Baur’s experience roots from his 20 years banking roles in UBS and Clariden Leu. From the two firms, he quit forming the start-up businesses.
About Swiss Startup Factory
The Swiss Startup Factory rooted from the ambition to develop global companies that will surpass most norms related to businesses. It was established in 2014. Swiss Startup Factory offers a three-month program that provides early-stage business startups with office space, financing, coaching, mentoring, and an extensive entrepreneurial network. The Swiss Startup Factory makes bold claims while striving to achieve the objectives by providing a 360-degree platform for startup services. It provides individual services aimed at getting ideas off the ground. From input sessions and one to one mentor sessions, this firm commits to completing the startup program that will introduce their product to the market in addition to providing an in-depth tailored service package for the maturity and development of start-ups.
Baur is a speaker at the WorldWebForum, an organization focused on youth empowerment. The WorldWebForum provides the young talented entrepreneurs in Switzerland with a top execution platform to guide them in business. This platform offers the youth a dedicated series of steps through a business-driven process to the set goals. The WorldWebForum hosts motivational speakers who offer pep talks to the youth.
Early Life and Education
Mike Baur was born and raised in Fribourg Switzerland, an area he is still connected to. He developed an interest in banking and financing as a child. When he turned 39, he began his entrepreneurial journey by quitting employment. It is, therefore, a great satisfaction that he lived to achieve his dream by practicing what he loved. Mike went to the University of Rochester in New York where he got an MBA. He furthered his studies at the University of Bern and earned an Executive MBA.