Marc Sparks is one of the wealthiest men in the country. The Dallas based serial entrepreneur has been responsible for the creation of numerous businesses, primarily in the telecommunications field, but has branched out into other areas. But his success has not come easy. While he has created many very profitable businesses, Sparks has also had his share of failures. This includes, in his words, starting an insurance company in his bedroom, turning it into a billion dollar business, then losing all of it within a three month period.
Despite that kind of failure, Sparks has always maintained an upbeat attitude. “Even when I was poor,” Sparks said, “I was still excited about life and my journey to come.”
Marc Sparks admitted he loves to win, but understands you can’t win at everything you do. “That’s life,” he said. He added that he has no fear of failure. If one project fails, Sparks moves on to the next. He lists several reasons for all the successes he has had in his life. They include faith, focus, tenacity, passion, savvy, honesty, treating people fairly, and a sense of urgency that he calls, “Sparks Speed.”
Sparks did not get his business sense by going to top schools. In fact, he admitted that he was a C-plus student in high school and had zero formal training for the business world. “I was born with a keen instinct,” he said. That keen instinct helped him set up several businesses, and as a venture capitalist, gives start up money to companies that could be on the path to major success.
Marcs Sparks is heavily involved in philanthropic work. He donates to The Samaritan Inn, which helps to get homeless people back on their feet. He also works with Habitat for Humanity and the American Can! Academy network of magnet high schools. In his spare time, Sparks enjoys hunting, fishing, hiking, golf, exercise, and travel.