MIKE BAUR EXPLAINS HOW TO HANDLE THE EARLY STAGES OF GROWING YOUR BUSINESS
Mike Baur has been extremely successful in helping many start up companies flourish. The irony of it all is that he didn’t start out this way. Mike actually has a business and financial background. These skills have helped him to help others. Mike is able to see how each department in the company works. To his credit, this has been a great asset to him and his own company.
Need help getting your own company off the ground?
Mike is happy to share his wisdom with you. Below you will see some special tips he lends out to other business owners. Our hope is that one of his tips finds its way into your business plan and helps you out.
1)In the beginning, you will not be able to handle hiring your own sales team. Sorry to tell you this. Here’s why. It’s because you won’t have the money to do it. You might have the money a few years down the road. If you have the money 5 years down the road, you can do it then. Until then, you will have to use one of your own staff members to do it. Pick someone who is skilled in sales and how finances work. This is in your best interest.
2)You will have to get your hands dirty. This is a fancy way of saying that you will have to handle some of the grunt work early on. Don;t be so surprised. Every on your position does.
It’s called working in the trenches.
Believe it or not, your associates will have more respect for you by doing this. They will not see you as must another “bossy leader who just delegates”. Other investors will take notice of this too. There are many leaders who have had to work their way up in the company. This is what makes them a good leader. A good leader is capable of wearing any hat needed.
3)Never give up. You also have to tread lightly with your assumptions. Be smart in your choices with this too. What makes a good leader is knowing when to walk away. What makes a good leader is knowing when a certain proposal is not in the best interest of your company. Seeing something through is not always going to win you the prize. Be smart enough to know the difference.
You can find out more about Mike Baur by clicking on his official site. You can also find out more at his Swiss Start Up Factory site too here >> http://www.swissventureguide.ch/2015/Cover-Stories/Swiss-Start-Up-Factory