Entrepreneurship is the Lifeblood of Growth


Entrepreneurs are essential in any economy because they provide the innovation and drive that a country needs to grow organically. Nowhere is the impact of entrepreneurs more apparent than within Silicon Valley in the United States. Silicon Valley has been an incubator for start ups from Facebook to Google and countless others (Apple calls Silicon Valley home as well). But if you rewind the story from the mature company stage you will find that the beating heart of innovation can be found in one or more entrepreneurs that have a good idea and the desire to put in the sweat equity to make it a reality.

Marc Sparks is just one example of such an entrepreneur. He currently is the Chairman, Chief Executive Officer and Director at Unistar Financial Service Corporation. As if that wasn’t enough he also serves as a Executive Member on the Compensation Committee. Marc Sparks is a well known entrepreneur in the insurance field. He has founded and led several insurance related corporations that he also owns so he is well aware of what it takes to be competitive in a very crowded, cut throat space like insurance. One of the other big aspects that almost all entrepreneurs have is a diversified stable of talents beyond just one field. They need to be a jack of all trades in many case and Mr. Sparks has that quality in spades as he brings extensive experience to the table in fields such as surety bonding, premium finance, and even investment banking to name a few areas. 

In the past few years, Marc Sparks has been busy managing a litany of different entities that he also owns. A property and casualty insurance companies, multi-location insurance agencies and a nationally recognized surety bonding agency are just a few examples of entities that Mr. Sparks is involved with. You can clearly see the diverse type of portfolio that Mr. Sparks manages which plays to the diverse talent that he exudes. 

Despite the stereotype that entrepreneurs thumb their nose at education and getting credentials, the opposite is true more often than not. Again to use him as an example, Marc Sparks debunks this stereotype. He holds a laundry list of licenses from the Texas Department of Insurance. The certification is as a Managing General Agent, Local Recording Agent and Surplus Lines Agent. The cherry on top is that he also has a Texas Premium Finance license. Of course it goes without saying that Mr. Sparks is certified by the Texas Department of Insurance to own and operate property and casualty insurance companies in Texas.

Marc Sparks is just one example, albeit a glowing one, of what an American entrepreneur looks like. They are passionate, strong leaders of innovation who make the American economy what it is in aggregate and over time. These entrepreneurs need to celebrated, nutured and encouraged.

Leave a Reply