Onshore drilling is becoming more popular, but it’s a short-term game. With a more guaranteed return, onshore oil reserves are drying up faster while offshore sites are able to produce large amounts of barrels per day for over a decade. Perhaps it was this outlook that had Tim Duncan adamant to stay in deep waters and not succumb to the temptation of a more ‘sure’ thing. Even with newer and younger investors wondering why he hasn’t chosen to drill onshore, Tim has stayed true to his commitment to deepwater drilling at Talos energy.
When hurricane Harvey hit the US, it brought with it devastation that was unlike anything in recent memory, it had destroyed Tim Duncan’s street, making it unusable. It filled up the first floor of his house and he, along with his family had to be rescued by a FEMA boat. After his concern for his family, his greatest concern was making sure that his oil company, Talos Energy would be able to seal the deal that would mean the take over of Stone Energy, a publicly traded company. Stone Energy was running on a loss but the benefit of taking Talos Energy public without the cost of doing so offset the losses with some debt restructuring.
He was able to get his family to Alabama before returning to his parents’ Houston, TX where he would work on the deal from his mother’s kitchen and would see the merger happen in May. While most companies are somewhere in the Permian Basin, Talos Energy is taking a more radical approach by becoming one of the few foreign companies to drill in acreage under the authority of the Mexican government by securing the rights for an area off of the Gulf of Mexico – Zama, which will be able to produce oil in around five years.
Growing up all over the world thanks to his father being in the oil business with his childhood spent in Egypt, Texas and Florida have given Tim Duncan a global perspective which has allowed him to make choices that are not the easy ones, but choices he believes will grant him the biggest rewards.
To know more visit @ twitter.com/talosenergyllc
Businessman and entrepreneurs Mike Baur is so committed to working towards a brighter future for the Swiss economy, he have up a lucrative banking career to assist Swiss tech startups. He has co-founded Switzerland’s leading privately-financed new business incubator, Swiss Startup Factory, and works with several other organizations dedicated to supporting new Swiss entrepreneurs.
Raised in Switzerland’s Freiburg region, Mike Baur started his banking career at age 16. He also earned MBAs from the University of Rochester and Bern University. Baur began working as an apprentice at Union Bank of Switzerland in 1991. By the time he left UBS in 2008, he was advising some of the richest Swiss investors. Mike Baur then began working at the Swiss bank Clariden Leu’s Zurich office. He spent 6 years with the company as a wealth manager. In 2014, he left the banking industry to focus on helping young tech entrepreneurs build their companies.
Working with fellow Bern University graduate Max Meister, Baur co-founded Swiss Startup Factory in 2014. The three-month incubator program provides mentoring, training, funding and a wide range of other valuable support services to Swiss entrepreneurs. That includes free office space in the heart of Zurich. The entrepreneurs are taught how to market their products and services internationally and are put in contact with a network of global funding sources and fellow tech entrepreneurs. This increases their chances for long-term success.
Mike Baur also served as a juror at START Summiteer, a pitching competition held by a Swiss university that lets seasoned financial experts evaluate and rate startups and connect them to sources of substantial investments. Baur also started Think Reloaded, a firm offering affluent clients sophisticated financial advice. He also works with CTI Invest and in 2016 began collaborating with BV4, a company which estimates ideas, inventions and intellectual property’s monetary value. Baur explained a major reason for Swiss Startup Factor’s success is the financial commitment of its leadership to the program. Baur focuses on fundraising and financing at SSF.
The work Mike Baur is doing with Swiss Startup Factory, Think Reloaded and as a BV4 board member has helped many young Swiss entrepreneurs refine and implement a number of pioneering technological ideas. He has helped promote technological progress and economic development in Switzerland. Baur has helped provide valuable resources for young entrepreneurs that had great ideas and desperately needed help developing them. Mike Baur is making a difference.
Mike Baur is an accomplished Swiss businessman as well as an entrepreneur. He went to the University of Rochester to pursue a degree in Business Administration. He became passionate about banking and finance way back as a teenager. Mike worked at Clariden Leu and USB Companies as a banker for over 20 years. His entrepreneurial journey started in 2014, at the age of 39 after quitting banking to start investing in startup companies. Mike Baur partnered with Oliver Walzer and Max Meister to start Swiss Startup Factory, an independently-financed startup accelerator based in Zurich, Switzerland.
Besides, Mike Baur participated as a jury member during the START Summiteer, a prestigious startup competition held at St Gallen University. The contest allows new ICT start-ups to showcase their products and services to potential investors. Led by his passion for the youths, Mike Baur would provide financial support and coaching to the promising start-ups. Besides being the co-founder of Swiss Startup Factory, Mike Baur is its financier. In January 2016, Mike Baur’s Swiss Startup Factory joined forces with CTI Invest to develop the Swiss startup ecosystem. Upon forming a partnership, Mike was named the Deputy Managing Director of CTI Invest.
About Swiss Startup Factory (SSUF)
Swiss Startup Factory was started in 2014 in Zurich, Switzerland to identify and support promising digital entrepreneurs. Recently, SSUF has launched a three-months-long accelerator program to empower tech entrepreneurs in Switzerland. During the three-month accelerator program, owners of ICT startups learn about finance and building entrepreneurial networks. They also learn how to present a selling idea to potential investors. Again, young digital entrepreneurs learn how to bring their innovative ideas to the market. The accelerator program uses canvas methodology to help tech entrepreneurs develop feasible business ideas.
Swiss startup accelerator program best suits young digital entrepreneurs who want to transform the world with their innovative ideas. Working at Swiss Startup Factory allows you to interact with experts and fellow innovators in a collaborative environment. Again, Swiss Startup Factory allows you to build extended entrepreneurial networks all over the world.
Jose Borghi: Redefining Advertisment
The recent past has seen the Brazilian Advertisement Industry grow to become one of the best advertisement platforms in the world. The need for effective advertisement need not be over emphasized due to the looming reality that the success of any business big or small startup or preexisting depends on successful advertisement strategies.Jose Henrique Borghi is one of those individuals responsible for the success witnessed by the Brazilian advertisement industry. Borghi is the co-founder of a leading advertising agency now known a Mullen Lowe.
Borghi who is a Brazilian Native, holds advertising credentials from PUC-Campinas. Upon completion of his studies Borgi was full of ideas and was looking to start up his own advertising enterprise but lacked the financial muscle to do so. He sought employment and worked at the Standard Ogivly in the capacity of an editor. He went on to work at other advertising companies building his reputation and mastering the art of advertisement. BorgiErh was founded when Erh Ray met and agreed shared their mutual ideas.This has greatly contributed to the growth of this firm.
This venture met a lot of challenges owing to the fact that credit giving institutions would not advance them any loan. In 2006, Lowe partnered with BorghiErh to create what is today known as BorghiLowe.Since its inception the advertising agency has made a name for itself in the advertising world. Borghi and Lowe serve in the capacity of CEO’s and have both made and maintained reputation as the best advertising agency in the world.
Today, successfully starting up a company and and maintaining it for the future has become harder than ever, and many aspiring entrepreneurs who are trying to break into the industry have discovered this. In many cases, a large majority of people’s businesses fail within a few years because they do not have the necessary experience to keep things running smoothly. Despite the difficulty and competitiveness of the field, the right guidance and knowledge can take anyone to a successful level. This is where the Swiss Startup Factory comes in, providing expertise and management for new entrepreneurs to get started. The company launched in Zurich, Switzerland, back in 2014, with a mission of helping people create successful companies.
The company has a large network that operates internationally, which is how they offer opportunities to their clients right from the get go. They even have an accelerator program for their clients to take part in for coaching, services, and mentoring. Since first starting, the Swiss Startup Factory has built upon their entrepreneurial network extensively, which allows them to achieve their goals in helping others.
Mike Baur, Oliver Walzer, and Max Meister originally founded the Swiss Startup Factory, and have brought it a long way since first opening its doors. Mike Baur stands as the company’s current Chief Executive Officer and handles much of the financing and fundraising the goes on for the company.
Mike Baur grew up in Switzerland, in Fribourg specifically, where he still holds roots to this day. Mike got into finances at a young age, especially since he was so good at it, which spawned his interest for getting into banking and finances. This was a career and passion side by side, which is what anyone would hope for when it comes to work. Before getting started on his career, Mike attended New York’s University of Rochester, where he took Business Administration and earned his Master’s degree. After earned a BMA from Bern University, Mike went on to work in private banking for nearly 20 years, before the idea for the Swiss Startup Factory came about. Through his dedication and ambition, Mike managed to become an executive for one of the largest private banks residing in Switzerland. Today, under Mike’s direction, the Swiss Startup Factory is one of the best startup companies in Switzerland.