The Spark Tank with Marc Sparks

Marc Sparks, head of Timber Creek Capital, is an American business man and venture capitalist. Marc has also worked in business solutions, real estate, and venture investing. His current business, Timber Creek Capital is a private equity firm that helps turn entrepreneurs dreams into money making services and products. They provide office space, web development, accounting and the necessary capital. Mr. Sparks has been involved in more than sixty start-ups since the 1970’s.

He graduated in 1975 living in Austin, Texas, being a part of so many start-ups, some that went extremely well and some that didn’t quite make it. After being in entrepreneurialism, he finally decided to write a book about his experiences and what he has learned, so that other people might be able to learn from it. Marc feels that those who read his book could learn a lot more from his unsuccessful ventures rather than his successful ones. His climb to success is inspiring and you too can achieve success from the tips that he gives in his book.

Marc Sparks and Lynne Sipiora introduced Spark Tank in August of 2016, a process that will award mentoring and grants to non-profit organizations that support the community. Groups in the Dallas/Fort Worth area are allowed to submit their proposals to Spark Tank for a chance to win a $5,000 grant to help fund their cause. The second winner of the Spark Tank grant was Mommies In Need. They provide nannies that need childcare support due to a health emergency that can’t afford it. The non-profit organization has already started to put the grant to good use, searching for a bilingual nanny and one that is trained for special needs childcare. Marc states “I wanted to ‘spark’ or foster smart, fledgling non-profits with an initial grant; however more importantly mentor leadership within these causes by helping them with presentation skills. So many great causes fail simply due to the inability to ‘tell the story’ and properly ‘ask’ for the donation.”

 

Todd Lubar passion for Real Estate & People

Todd Lubar lives in Bethesda Maryland with his two beautiful children. He mostly enjoys spending time with his family, traveling, loves helping people and loves the world of business. His life is full of accomplishments and success, and currently, he serves as the president of TDL Global Ventures, LLC. http://citrite.org/appreciating-the-illustrative-career-of-todd-lubar/

In 1995, see toddlubar.com, he joined the real estate business, and it became his long life career. Crestar Mortgage Corporation gave him his first business loan, and it is where he got knowledge on mortgage banking. The time he spent with CPA’s, insurance agents, real estate agents, and financial planners were valuable experience and resources, as they became an incredible source of referral business. It was after four years that Lubar acquired equity positioning with Legacy Financial Group. At this point, he was able to broker loans to investors outside and lend directly as if a Mortgage Bank.

Then the year 2002 saw him take another significant step in the real Estate business and opened up Legendary Properties LLC that specialized in residential development. Due to his great establishment in the real estate business, he was able to profit from more than 200 additional transaction that included purchase, selling and rehabilitation of twenty unit multi-family properties to single family dwelling. His many interactions afforded him a relationship with major bank institutions thus established lines of credit that went to a high of $20 million.

He was stopping for anybody, and in 2003, he opened Charter Funding, a First Magnus Financial Corporation subsidiary a company with a vast market share in the mortgage industry in the US and meant his interest and involvement in the Mortgage Banking Industry was growing. The move was good for him as Todd expanded his business due to his overwhelming access to the wealth of programs and products. His 12 years’ experience helped him understand the market, and soon he discovered a niche of clients that he felt were underserved.

Todd utilized the liquidity at Legendary Properties, combined with his personal funds, and gave loans to those overlooked by other traditional lending sources. He could afford to take this risk as his over 7000 transactions gave him the ability to analyze the risk of almost any loan scenario and as per the market condition make appropriate decisions. In 2007 and 2008, Todd got into other lines of businesses that included commercial demolition and automotive scrap metal recycling business.

Reference: https://angel.co/todd-lubar