Marc Sparks, the founder and Chief Executive Officer of Timber Creek Capital, is known as a role model for aspiring entrepreneurs, and for the society, he is an efficient philanthropist. As a highly successful serial entrepreneur with more than three decades of experience, Marc is ready to explain his success and failures to the young entrepreneurs. He believes that learning from someone else failures is not a bad idea at all, and he invites people to learn from his failures.
He accepts that while he was outrageously successful in some ventures, he also faced some disastrous failures in business. In his book, They Can’t Eat You, Marc explains his failures than success as he feels that his success ventures are nothing but a celebration and may not give any valuable information to the people, whereas his failures is a great lesson for them.
“I just started an insurance holding company from my bedroom and made it grow up to $1 billion market cap and lost everything in just 90 days,” Marc remembers one of the failures. He always has two questions in mind “Are you worried of losing?” and “How do you make it?” Marc says that he doesn’t have any fear to invest and thinks that God has given him a shut-off valve to forbid the fear factor from his mind.
He says that he gets everything done by a set of characteristics, namely Passion, Focus, Faith, Savvy of Monetization, Tenacity, and a great sense of urgency, which many of his colleagues describe as “Sparks Speed.”
Marc heavily invests in the telecommunication industry as his firm invested in Blue Jay Wireless, Splash Media, and Cardinal Telecom. His other investment sectors include business solutions, venture investing, and real estate.
Marc has initiated a number of startups in his 34-years of his career. To make more startups and to incubate up to 3 companies at a time, he transformed the office of Timber Creek Capital to a high-quality incubation center with all the technology innovations in 2015. He understands that the current office would bring the best out of his team and will maximize the output. Interestingly, he looks to foster a number of startups by offering them office space, capital, marketing, banking, etc.
Marc has a great kind heart, and a major share of his earnings are going to whom support is needed. He is known for his contributions to The Samaritan Inn, a shelter for homeless people in Texas. The shelter offers rooms, vocational training, and jobs for the struggling people and makes them support themselves.
It is run mostly by the financial assistance and expert advice of Marc. The shelter houses 160 people at a time and makes them job-ready within five months. He also helps the homeless by offering assistance and constructing homes for them. His Sparky’s Kids foundation gave away more than 1,000 computers to struggling kids to help them to break the poverty.