Posts made in March, 2013

Marc Sparks on Leadership: Praise in Public, Criticize in Private

Posted by on Mar 28, 2013 in Marc Sparks: On Leadership | 0 comments

Marc Sparks on Leadership: Praise in Public, Criticize in Private

Marc Sparks is an entrepreneur who has been involved in more than sixty start-ups since the Seventies. He is also the owner and CEO of Timber Creek Capital, a private equity firm. As the owner of any business—or anyone on your management team, for that matter—setting an example is the key to maximizing the output of your team members.  You never want to be a dictator; you simply want to be the dude (or dude-ette) in charge. And when it comes to how you treat your team, my philosophy is simple: treat everyone with respect. Praise publicly and reprimand in private. You can’t possibly expect those who are leading your team to perform at their best if you tear them...

Read More

Marc Sparks on Business: Fail FAST and Move On!

Posted by on Mar 6, 2013 in Marc Sparks of Business | 1 comment

Marc Sparks on Business: Fail FAST and Move On!

It may sound a bit egotistical when I tell you that I, Marc Sparks, have something in common with the world’s best basketball player and the man who revolutionized the auto-making industry like no other—all three of us have failed. Michael Jordan, arguably the greatest basketball player of all time, was cut from his high school basketball team.  Henry Ford didn’t put a reverse gear in his first automobile. Can you imagine how silly he must have felt when he tried to parallel park that first Ford between carriages in front of a horse barn? Marc Sparks: ‘Don’t Fear Failure’ As a rule, I gravitate toward and surround myself with positive people (more about...

Read More