The Spark of Genius
Marc Sparks is not just an entrepreneur but a serial entrepreneur and philanthropist based in Dallas, Texas. He has helped start many successful businesses and is currently the head of Timber Creek Capital, LP. As soon as he finished high school more than 42 years ago he showed an exceptional aptitude for business. His attitude towards business has always been very simple from the beginning. And that is to find new product ideas that are difficult to develop, then find an efficient way to produce it. Through Timber Creek Capital, Mr.Sparks lends an ear to aspiring businessmen and women and work with them to help see their ideas grow to fruition. He does this by fostering a positive business environment. Learn more: http://www.prnewswire.com/news-releases/entrepreneur-marc-sparks-transforms-office-to-optimize-innovative-collaboration-300024747.html
After years in the venture capital business, Mr. Sparks has a clear idea regarding what will work and what will not, during the planning stage. He believes in fist coming up with an excellent business plan, showing proof of concept, implementation strategies, and faith in the success of the product. In fact, in order to work better with prospective clients, he recently made the drastic change of moving his office to a different location. He feels the new location will better facilitate interactions with new customers seeking finance. This is an example of his attention to detail.
Does this all mean that Marc Sparks business life has been successful from the very start. Of course not, and he is not shy about talking about those either. However, what makes him different is that he is willing to see failure as an educational experience and apply it towards future ventures. This comes from the understanding that not every business venture will be successful.
It’s not only about business and its success Mr. Sparks is interested in. He is also applying all of his knowledge and experience for philanthropic causes also, through an initiative known as Spark Tank. He created this with a friend of his named Lynne Sipiora. Through Spark Tank, they offer grants and management advice to qualifying non-profit organizations, located in the Dallas-Fort Worth area. Learn more: http://thebrotalk.com/bro-recommendations/dallas-entrepreneur-marc-sparks-spills-must-visit-list-wineries-dfw/
The process in which organizations seek help from Spark Tank is not much different from what potential businesses go through. They will need to present a draft explaining what the cause stands for, and how the financial assistance will be used. The presentation needs to be done in 10 minutes, after which the applicants will answer any questions Spark Tank may have. Other criteria’s includes having been in existence for at least two years and be 501c3 compliant. Those who win will get up to $ 5000 for their cause.