Ericherrmann

Mike Baur is Sharing Vital Tips on How Startups Can Succeed.

Without a doubt, starting a business can be quite challenging. Therefore, entrepreneurs can do with the input of outstanding marketing professional with tremendous experience in entrepreneurship and investment. Mike Baur is just what these investors are looking for. He is not only a successful entrepreneur with an impressive and successful track record but also the founder of a famous startup training program. Through the program, he has been able to mentor many entrepreneurs with the sole purpose of ensuring that they emerge winners in their growing businesses.

 

What Tips Does Mike Baur Highlight?

 

Mike Baur’ first concern is in the journey of identifying a business idea. Here, he reiterates the importance of making sure that the business professional understands how valuable it is to develop a catchy idea that will attract consumers. He goes on to advise entrepreneurs to think of extraordinary ideas. For instance, perhaps you need a particular brand from the store, but on window shopping, you discover that it is out of stock. In such situation, it is prudent to utilize the available resources and invent the product.

 

The Second Aspect

 

Mike Baur goes onto the second point and says that an idea is independent of its implementation. Therefore, now that you have an idea take the next step by implementing it. For example, ask yourself if the concept will succeed. After that, go ahead and ask yourself if it is viable in reference to the needs of the prospective clients.

 

Take the Risk

 

More than that, it is factual that implementing an idea involves courage. Without which, you will not manage to delve into the entire process. If you want to succeed, garner the courage and begin the implementation process as soon as you can.

 

What do Entrepreneurs Need to Excel?

 

For years, Mike Baur has used his startup platform to share vital knowledge on how to succeed as an entrepreneur. Some of the ingredients he shares include patience, credibility, positive energy and hard work. Moreover, he advises you to share your business ideas with friends and close associates. According to Mike Baur, the concept of sharing is based on helping you to understand possible impending issues in business.

 

The Outline

 

Mike Baur prides himself on his ability to access businesses and come up with relevant solutions for the impending problems. Other than that, he is well known for using his foundation to educate entrepreneurs who need essential tips to succeed.

 

Louis R. Chenevert, the Mastermind behind UTC’s Success

From a professional’s point of view, business’s success is influenced by every person associated with the venture. However, without a qualified or focused leader, all the effort can go to waste. Louis Chenevert is among the few celebrated CEOs across the globe. The history of UTC can never be complete without mentioning the many things he has done to see it succeed.

One blogger jokingly stated that Louis is a kind of a person that successful business people such as Steve Jobs and Bill Gates give a call to seek advice. His success story with the United Technologies Corporation seem to support the statement. In a recent interview with Ideamensch, the retired CEO stated the idea for UTC came from many ideas brought with customer needs in mind and passion for changing the product market.

During the interview, Louis did not hesitate but to reveal his secret to driving UTC to an incredible level which was being a detail-guy. During his tenure, the outgoing CEO ensured that all the base operations ran as per the plan. Besides, he always motivated and got involved with the junior staff which meant an increase in the output. Louis boasts that his eye for details and team-playing ability is what resulted in UTC we know today. In the interview, Louis stated that he learned to give a listening ear to the juniors while working at GM as a first line supervisor.

Louis told Ideamensch that if given a chance to start his career life again, he would focus his mind on internal politics. According to him, domestic politics can be a disruption to the company’s growth. Louis did not leave before advising entrepreneurs on the need to pick and work in close collaboration with the right team for the sake of beating the obstacles.

About Louis

Today, Louis R. Chenevert is known for his involvement with United Technologies Corporations where he worked as the chairman and CEO. Louis got promoted to the president and CEO position in early 2008. Two years later, he was named the chairman of the board of executives and continued to serve in these positions until 2014 when he retired.

Before joining UTC, the talented CEO worked at Pratt & Whitney since 1993. In the company, Louis served as the president, an appointment that he received in 1999. Also, Louis has served at General Motors holding various positions. Louis holds a Bachelor of Commerce degree in production management from the Universite de Montreal. Often, Louis insists that his many years in service are behind his success stories.

http://www.courant.com/business/hc-goldman-sachs-louis-chenevert-20150909-story.html

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