After spending 14 years in the former location, Marc Sparks from Timber Creek Capital, LP has finally moved to another setting. The move was necessitated by the need to find a better location to optimize collaboration and conducive for startup incubation. Marc Sparks is a serial entrepreneur and proprietor of the private equity firm and serves entrepreneurs in the development of new business to start generating revenue.
Ingredients to Build a Successful Business Model
As an individual looks to start a business, the whole process should start with the building of a business model and getting the resources necessary for success. Marc explains that the design he had used at Timber Creek Capital, LP the firm was able to host three different corporations in the facility and provide a far-reaching incubation period. Marc added that as a student of understanding what it takes to succeed in the world and serial entrepreneur, he saw the essence of a good work environment.
He concluded that a collaborative, conducive and quality work environment accounts for about 25% of all the necessary ingredients for success. An entrepreneur should not cut corners when finding a work location as the final choice could spell the difference between failure and success.
The Special Flow that exists in an Office
After starting a number of successful companies, Marc has found that there is indeed a special flow that exists within the office that is necessary for maximizing output and collaboration. He shares his story in the book, They Can’t Eat You, where he outlines a number of failures, successes and entrepreneurship realities.
His company takes on several companies and offers mentorship and accessing resources e.g. marketing, banking, office space, capital etc. he helps turn business ideas into successful ventures as his firm has seen all levels of success and failure in the entrepreneurship journey. He likes to mentor on ‘spark speed’ which stands for qualities that helped him succeed. These are faith, tenacity, passion, focus, monetization savvy and an extreme sense of urgency.
About Marc Sparks
Marc Sparks is the owner, founder and CEO of Timber Creek. He is also described as a philanthropist, serial entrepreneur and an author. He wrote “They Can’t Eat You” to detail his path to success in order to assist others in their journey to success. He has worked with Habitat for Humanity as part of his philanthropy by constructing affordable houses for families.
He has donated a thousand laptop computers through Sparkey’s Kids, a non-profit, through American Can! Academy to at-risk kids. Sparks has also been involved with The Samaritan Inn from the late 80’s. It is a Texas-based homeless shelter that hosts about 160 needy people every night. He is a venture capitalist as he offers startup businesses that seem destined for success with money. Although it seems highly speculative, he has been successful with it.