Any serious discussion of entrepreneurs sooner or later comes around to a few standout names. Texas businessman and venture capitalist Marc Sparks is one of those names.
Sparks, who often uses the term “serial entrepreneur” to describe himself, has been involved in a basket full of successful ventures, including Timber Wolf Capital and Splash Media. However, he will often discuss his failures instead of his successes, using them to highlight what he learned from them. His book, They Can’t Eat You, is an unflinching look at some of his failures, as well as his successes, and also offers advice and perspective for anyone looking to travel the road of entrepreneurship.
His overall business model stresses urgency. He is known among his employees, as well as business associates and competitors alike, for an open door, always available, forward leaning management style. When possible, he eschews the customary meeting formats, preferring instead to simply discuss the matter at hand when it’s presented, and resolve the issue quickly. This approach has come to be known as “Sparks Speed.” He also stresses things like passion and focus, which are clearly more than just buzzwords to him.
When describing his business model, Sparks starts with the word “Faith.” He is an unapologetic Christian, and incorporates those values into his business dealings in a positive and productive way. This includes treating others fairly, and the way you would want to be treated yourself.
Marc is also a noted philanthropist, with ongoing involvement in Habitat for Humanity, as well as The Samaritan Inn, a Dallas, TX homeless shelter that focuses on enabling residents to become self-sufficient through training and education. He also supports the American Can! Academy, and has donated more than 2000 computers to at risk youth through this organization of magnet high schools.