Anthony Petrello can tell you from experience that few things matter as much as knowing your family is cared for by medical professionals. His daughter Carena is a victim of periventricular leukomalacia, a brain seizure that often causes cognitive disorders including cerebral palsy. It was hard for Petrello to see his daughter struggle, and at that point none of the success he had had in business mattered to him. All he cared about was finding a way to help Carena. Some of the best friends that Anthony Petrello and his wife Cynthia have met have been Dan and Jan Duncan, the founders of the Duncan Neurological Research Institute. The institute has provided state-of-the-art equipment to neurologists and medical research specialists. The Petrellos have been among its largest donors with $7 million in gifts and more information click here.
Anthony Petrello is one of the most prestigious CEOs as the head of Nabors Industries, a Houston natural gas and oil drilling technologies company. Petrello took over as CEO and Chairman after former Chairman Eugene Isenberg passed away in 2011. At his current position, Petrello manages strategic investment initiatives and conducts shareholder meetings. Nabors Industries has several proprietary technologies that include hybrid drilling, horizontal wells and modular offshore rigs including the PACE-x. Petrello has been among the highest-compensated executives in the US, including becoming the highest paid in 2013 when his base salary, bonuses and stocks and equity topped $68 million.
Petrello joined Nabors Industries in 1991 as Chief Operating Officer, but prior to that he had 13 years practicing law. He was raised in a suburb of Newark, NJ and all the way from elementary school he loved solving math problems, so much so that an old college roommate of Petrello’s often recalled stories of him studying math during recess. Petrello graduated with high honors in advanced math with both a bachelor’s and master’s from Yale University, but he surprised many people by going into law afterwards and completing his J.D. at Harvard. He joined Baker & McKenzie in 1979 and was promoted to partner of the firm in 1986. He specialized in corporate taxation, SEC regulation, offshore investing and other financial areas. He left the firm just prior to joining Nabors Industries and what Anthony knows.
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Mike Baur has spent 20 years in Swiss Private Banking. He started as a commercial apprentice at UBS. He moved up to become an executive board member in a large Swiss Private Bank. In 2014 Mike Baur started his entrepreneurial journey. He was 39 years old then. He founded the Swiss Start up Factory along with his two partners. Today it is the top early stage ICT Startup Accelerator in Switzerland that is privately financed.
He likes to invest a lot of his time in Swiss youth entrepreneurship. He is supporting various Swiss Startups financially as well as like a mentor. Mike Baur is also the Co-Founder and Director of the Swiss Startup Association.
He holds an MBA degree from University of Rochester, New York. He also holds an Executive MBA from University of Berne.
A new, high-profile Advisory Board has been introduced at the Swiss Startup Factory. This is a part of the strategic developments there. Various high-profile personalities have been recruited to this Board.
The Swiss Startup Factory has had two highly successful years. During this time it positioned itself as an independent as well as privately financed Startup Accelerator. It received over 1500 start-up applications in 2016. Two outstanding Accelerator batches have been completed with the aid of more than 50 mentors.
Mike Baur has also helped with the co-founding of nearly ten young Swiss companies. Another achievement has been in terms of strategic partnerships with companies that include Helvetia, Goldbach Group, besides AMAG as well as Red Bull Media House. All this indicates that the Swiss Startup Factory is ideally positioned to move ahead to its next development phase.
The Advisory Board of this Swiss Startup Factory will actively support the Accelerator. This will be for strategic topics. Besides, it will open doors to its key stakeholders too. All through the year, this Advisory Board will get further strengthened as additional members join in.
Mike Baur is the co-founder as well as executive chairman of the Swiss Startup Factory. He is very pleased that such high-profile personalities have been able to join in for this cause. This shows that they have done a fairly good job over the past two years. This also means that they are being trusted to play a key role once again in the startup scene over the next few years. This has to be in Switzerland as well as internationally.
A lot of people want to run respectable businesses. A lot of people have dreams of having freedom and power. For one thing, having the ability to say what something is and have it be done your way is a good thing. Perhaps one of the dreams that people have is to never be wrong. Unfortunately for them, they are never going to achieve that dream. Everyone is going to be wrong about something. Everyone is going to make mistakes throughout their regular life. As a matter of fact, business owners are going to make mistakes as well. Therefore, one must take certain steps in order to survive and manage his own reputation.
One of the most important aspects about mistakes is admitting one’s own mistakes. A lot of people are afraid to admit mistakes. According to experts from onlinereputationreviews.com, one of the reasons that they are afraid to admit mistakes is that they may fear that they may lose the respect that they have gained. Therefore, they either try to save face or deflect. However, the ironic thing is that admitting mistakes is actually a lot more respectable. Businesses that admit to mistakes tend to recover a lot better than those that do not do anything about their mistakes.
For one thing, admitting to mistakes shows that one is actually level headed and in touch with reality. It also shows customers that the business sees what the customers see. Therefore, they can trust that the business is not stuck in some fantasy. It also avoids any question of the honesty, integrity and character of the business. It also shows a lot of strength for a business owner to own up to his mistakes. Therefore, it is important for the sake of one’s own reputation to admit to any mistakes that he knows of. This will not only help his business recover, but also help his relation with his customers.