Keeping Ideas From Failing With Mike Baur

One thing that entrepreneur Mike Baur and plenty of other successful entrepreneurs realize is that the majority of ideas fail. As a matter of fact, there was an event that talked about this particular topic. The question was asked as to why most ideas fail. The answer was that many people treat ideas like they are 90% of the work. The fact of the matter is that the idea is the beginning. Afterwards, the product requires a lot of work. Also, there are plenty of adjustments that need to be made to the product from the initial idea to the final creation of the product.


Among the points that were made at the meeting are based on the different aspects of the product ranging from the idea to the project that finalizes the product. One thing that the event has pointed out is that there are plenty of errors that should be avoided when dealing with these projects. The whole point is to make sure that the product is not only brought to life, but also brought forward in a way that is going to make it useful to people. After all, people are not going to want to deal with faulty and defective products.


Tons of people from the Swiss StartUp Factory have attended the event including Mike Baur. He is the one person that is very passionate about the process of bringing forth all of the good ideas and making sure that they become good accomplishments. One thing that occurs very often is that a lot of ideas that seem good on paper turn out to be rather faulty in execution. This is one of the reasons that Mike Baur and his team of leaders and mentors take the time to look at the product and help their clients look for potential flaws in their idea. Once the idea is carefully looked at, then they will be able to move forward with something that is going to be very beneficial to people. This is one of the fun things about being an entrepreneur and coming up with some good ideas.


Logan Stout’s Successful Transition From Sports To Business

When he was young, Logan was a fan of baseball and sports in general. He had a competitive spirit – always looking for tricks to be victorious whether in sports, in the classroom or even a simple hobby project. For his high school education, he attended J.J. Pearce High School in Richardson, Texas, his childhood neighborhood. Later, he attained a business degree from Panola and a psychology degree from the University of Dallas.

Thanks to hard work and love for the game, Logan became a professional baseball athlete. His best childhood memories are from this game. Mr. Stout is the guy behind one of the largest baseball organization in the world – Dallas Patriots. This was inspired by his generous heart and desire to mentor others into baseball.

Logan’s competitive and brilliant mind contributed to his success as an entrepreneur. After Dallas Patriots, Logan Stout came up with IDLife, an entity whose focus on developing healthcare products for physical health. To him, the well-being of the of the soul, body, and mind as a major factor for success. Unlike other companies that offer similar products, IDLife provides attention to their client’s needs, helping them choose the ultimate products for their specific issues. This gives them an edge over their competitors.

To have more impact on people, Logan wrote a book – ‘Strout Advice: The Secrets to Building Yourself, People and Team,’ through which he offers more inspiration and insights on his journey from an athlete to an affluent entrepreneur.

About IDLife
IDLife’s mission is to provide expert, personalized nutrition. The company’s secret of success is their business model and customized nutrition assessment. As the founder and CEO of the enterprise, Logan has managed to attract very high-profile investors including Chris Camillo, who once turned $20,000 investment to $2 million in a span of 3 years.

In the U.S. alone, the Vitamin and Supplement market is over $23 billion a year, and the top 5 companies amount to only 20% of this.

Recently, ID life announced a strategic partnership with Garmin International Inc, a world leader in wearable technology. This will avail Garmin’s line of video activity tracker to ID Life customers and has necessitated an integration of Garmin wearable device data with the IDWellness mobile app.

Valuable Success Lessons from Healthcare Entrepreneur Jim Tananbaum

One of the healthcare industry’s finest entrepreneurs, Jim Tananbaum, founder and CEO of Foresite Capital had some lessons to share during a recent interview with IdeaMensch. Before founding Foresite Capital, Jim Tananbaum had been an investment strategist and an entrepreneur in the healthcare industry for more than two decades.

No Compromises

During his 2-decade experience as an entrepreneur in the healthcare industry, Tananbaum learned critical lessons that drove him to success with his latest investment, Foresite Capital. His business model is never to compromise. He does things differently, not how they have always been done.

He recognized that innovative healthcare solutions and products often require a lot of capital and time to make them a reality, and not many financiers are ever willing to make that kind of commitment. And in that, he saw an opportunity to drive the success of the innovators behind healthcare products and solutions by providing the necessary capital, networks, and information.

About Jim Tananbaum

Jim Tananbaum is a highly educated individual. He got his MBA and MD from Harvard University. He also has an MS from MIT. Before then, he attended Yale University where he majored in computer science/electrical engineering. He cosponsored and cofounded several other companies before Foresite Capital. Currently, he’s working on a diabetes implant that once launched, will help Type II diabetes patients lose weight and control their blood sugar.

Foresite Capital has since invested in over 70 healthcare firms in different medical fields including genomic sequencing, diagnostics, medical services, biopharmaceuticals, et cetera. Some of the notable investments are Aimmune Therapeutics, Aerie Pharmaceuticals, Intarcia Therapeutics, and 10x Genomics; among others. To understand what is needed in the field of healthcare and create solutions that will have the most impact in the field, the company collects and digests all the information about healthcare advances in the areas of need. Visit his page


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James Dondero: Unmasking the Highland Capital Management President

James Dondero is a financial expert with in-depth knowledge of loan obligations. He is a man who has spent more than three decades dealing with matters relating to credit and equity markets. With his diverse experience in Accounting and Finance, Mr. Dondero has been able to come up with Highland Capital Management, a company that makes him a proud man. Since its inception in 1993, the company has been able to rise through the ranks, and it also happens to be one of the most recognized financial institutions on a global scale. James has proven to be excellent in his line of work, and to this end, he has received several awards in honor of his legacy. Besides, he has been fortunate enough to work for corporations like CCS Medical, NexBank, American Banknote, MGM Studios, and Cornerstone Healthcare.



James Dondero has a vibrant mind in solving complex financial matters. In his lifetime career, he has been able to help revive companies that were on the verge of collapse. Jim thinks before acting on any task put in his path. Under his leadership, Highland Capital Management LLC has been able to offer clients with the opportunity to access interesting investment ideas, so that they can improve their living standards. He portrays a rare quality that does not characterize most people whose origin comes from Texas. During his tenure as President, James Dondero has introduced the Highland Global Allocation Fund, a fund that holds less than two hundred securities.



Dondero, together with his robust team has been able to come to the rescue of the crumbling Argentinean economy. Severe debt had paralyzed the country in 2012, but the problem is now long solved thanks to Mr. Dondero. Presently, the economy of Argentina is improving with inflation levels decreasing at a rapid rate. Thus, Jim has presented his Highland Capital Management LLC to the rest of the world, and proven to us that it is a corporation under a competent management structure. Dondero has also been involved in philanthropy, primarily dealing with matters regarding technology. He believes that technology is the key to creating bright students, young people who can transform the world into a better place.

Jason Halpern History, Lifestyle, and Hobbies

Jason Halpern is a developer and his career in real estate is balanced by fatherhood. He began his career at Halpern Enterprises a firm located in Winchester and was founded by his late father although it was Jason who launched it back in the late 1990s. His father was a national champion in offshore powerboat racing and died in a boating accident in the year 1981. In the late 1990s, the company was sold to Reckson Associates. Halpern has a teenage son known as Max from his previous marriage.

Jason Halpern: Real Estate Entrepreneur

They have a good father-son relationship, and Jason has taken him to watch their family long term team, New York Giants while playing across the country. This includes the day the team won the 2012 super bowl in Indianapolis. The two love scuba diving for they have been spotted doing it on various occasions.


Jason Halpern with his Mates

His father sponsored a racing team that was named after his company in the late 1970s. Jason has inherited the love for fast cars from his father and in the early 2000s; he participated in a racing competition. Before his recession, he had planned to take part in races and had already purchased a car and commenced training. The reasons that he quit is due to his work getting hectic. He has stated that he would like to get back to the sport in the future.


Jason’s Family

Halpern got engaged to a Ukrainian model Veronika a few years ago, and the two have traveled together in places such as Africa to celebrate the 40th birthday of their close friend Winston Fisher who is a developer too. He is recognized to be a fan of luxurious watches, and among the many, he owns a Vintage Patek although it first belonged to his father. He has kept it to date and has high regards for it.

Learning From Chris Burch How To Look For People With Experience

Among the people that are most likely to get the job are those with the most experience in any given field. One of the reasons behind this is that a lot of business owners or managers are not that willing to train people. Therefore, they are going to make sure that the person who gains the job is the one that knows how to do the job. However, things can get really strange, even intimidating when the workers actually have more experience at something than the business owner. Fortunately, Chris Burch is one of the masters of business relationships between business owner and employees. Therefore, he has advice on what one could do in order to make things a little less intimidating.


Chris Burch has laid out some steps in what one could do in order to make sure that the relationship between business owner and employee is the best one possible. He understands that some people could be arrogant and even have an entitlement mentality because of their experience. One thing that he has suggested people do when dealing with any employee is to be clear on the expectations. He has also talked about how the business owner should present himself. He does not want to come off as a push over. At the same time, it is not good to be domineering. A good balance is respectable.


Chris Burch also suggests that business owners talk to each and every employee that the company hires. One thing that employees need is to feel welcome at their job. This will definitely go far in making them want to work with you. Other things to do is set the tone for the business, keep up the dialogue, and then always help with the improvements. After all, success is all about growth. Chris Burch himself has advice that will help people and businesses grow a lot.