Posted on June 16, 2017
in Private Equity Firm
Marc Sparks Explores Better Working Environments And Wineries
A business environment and local wineries may not seem like traditional bedfellows, but Dallas, Texas based entrepreneur Marc Sparks has recently set out to explain why both of these subjects attract him. Sparks has over 30 years of experience as a serial entrepreneur and investment specialist, and is also well known as a devotee of local wineries in the Dallas area; Sparks is in a strong position to discuss how the wine industry has changed in recent years as he grew 16 acres of grapes to develop his own blended red wine a number of years ago.
Sparks has noticed a number of boutique and startup wineries springing up in the Dallas area that are making their own wines and making Texas a popular destination for those who wish to tour wineries for fun and to expand their knowledge. Not only does Marc Sparks grow his own grapes at his East Texas ranch, but he has also become a well known visitor to many wineries in Texas where he enjoys walking the trails through the vines before setting out to taste many of the different wines on offer from local wineries run by both individuals and families.
It is amazing to think Marc Sparks has the time to set out on any tours of wineries as he has recently been undergoing a change to his offices, that has seen him allow his space to be completely redesigned in an open and more comfortable manner; Sparks believes his office space will allow the startups coming to his Timber Creek Capital LP company to engage in collaboration of the highest quality. Sparks has redesigned his office space with his clients in mind as up to three new business entrepreneurs can use the space at any single time; collaboration is key to bringing fresh ideas to a range of industries that Marc Sparks and his employees look to aid on a regular basis.
Marc Sparks, the author of the best selling book, “They Can’t Eat You”, believes it is important to work in a bright and comfortable space that aids creativity and focus; the major supporter of The Samaritan Inn homeless shelter explains too many startups fail simply by choosing the wrong space for their business that does not aid the creativity and excellent choices he feels are important in achieving continued success.
Mediocre School Performance Fails to Predict. Marc Sparks graduated from high school 42 years ago with a C+ average. He developed an acumen for business development that demonstrates the incongruity of grades predicting future success. Sparks has built Timber Creek Capital LP, his Dallas private equity firm, using a simple strategy: Seek fresh product ideas that are hard to develop, and then find an efficient way to produce them.
In the process, a company and culture establish short-term and long-term goals defining success. Fear of failure does not enter the Sparks entrepreneurial development equation. His focus is always on the product endpoint, developing a strategy to reach that point of success.
New Enterprises. Marc Sparks assists business developers in generating start-up cash. Before production begins, a model of business operation must be developed, and then resources to flesh out the model comes. In the case of Timber Creek Capital LP, companies are invited into the company’s facilities and their ideas given a chance to grow. “As a … student of what it takes to succeed in this world, I have found that a quality, conducive and collaborative work environment is no less than 25% of the overall ingredients necessary to succeed,”
Sparks notes. Perception and success are birthed in a “positive” facility environment allowing fostering of collaboration and output. This process of nurture and performance has been repeated for 35 years. Combining access to mentors, facilities, funding, marketing, etc., develops success. Sparks seeks “to help entrepreneurs build their dream and companies to critical mass through my experience.”
Venture Capitalists and Outsider Focus. Sparks is a venture capitalist. Venture capitalists seek profit-generating unique innovation. Product demand argues for additional company funding to access more profit for investors.
The catch is for the company seeking more funds to demonstrate that new funds will build the company. Presentation of business concept, strategy for implementation, and assurance that the investment will bring success relies on presentation. Sparks develops new enterprises by fostering preparation, presentation, and fulfillment of product “dreams” for investors.
Work Beyond. Sparks understands risk and fulfillment. His understanding of risk involves people, and his interest in activities beyond the business world involves commitment to them, e.g., support of youth to obtain graduation from high school, the home-stressed via hands-on activities in building homes with Habitat for Humanity, or the homeless via support of The Samaritan Inn, a Dallas shelter.
His role may be defined by a quote of Jesus taken from Luke 12:48 on Sparks’ website: “From everyone to whom much has been given, much will be required; and from the one to whom much has been entrusted, even more will be demanded.”