Business Owner vs. Entrepreneur
An entrepreneur is usually thought of as someone who deals with a large amount of risk for the business. A large amount of risk can bring a huge pay-off and many business owners keep the risk to their business minimal.
Entrepreneurs often are very intelligent and initiate major change. This includes pioneering new products, expanding to different markets and perhaps reinventing production methods. The key here is innovation and when innovation leads to more demand, financial success follows. In summary, entrepreneurs take huge risks, create a lot of wealth quickly and are leaders in innovation that gives them an advantage over their competition.
A serial entrepreneur is a person who starts one business after another or runs several businesses at the same time. Mr. Sparks has successfully created dozens of businesses and isn’t slowing down. He is an innovator that takes an idea and makes it happen. He has also written a book, They Can’t Eat You, based on his 35 years of success as an entrepreneur.
Marc has also been labeled an entrepreneur’s entrepreneur. This may be due to the establishment of his private equity firm, Timber Creek Capital. He has taken the knowledge he has learned over the years and started this company which mentors start-up businesses, helping them become successful. Timber Creek Capital starts with a business model and provides resources the company will need for marketing, office space, equipment, web design, staff, and more.
Philanthropy often goes hand in hand with entrepreneurship. Marc Sparks is no exception, being a supporter of American Can! Academy, a magnet high school in Dallas. He has also been involved with a homeless shelter, The Samaritan Inn, also in the Dallas area, and Habitat for Humanity.