Category Archives: Successful Entrepreneur

Rick Smith’s Visionary Leadership Solidifies Securus’ Leading Position In Facility Solutions

Rick Smith is the CEO and Chairman of Securus Technologies, a technology company that provides communications and public safety solutions to the prison industry. The company was established in 1986 and is headquartered in Dallas with a presence in Allen and Carrollton in Texas and Georgia. The company has a strong commitment to connecting inmates to their families and associates.The firm’s technology solutions enhance public safety as well as crime prevention in the communities where facilities operate. They also improve the efficiency of correctional facility management. The systems empower authorities with information that helps them prevent and solve crimes. Securus boasts of an experienced team of experts including engineers, designers and technology specialists. The company recently completed the acquisition of payments and lifestyle devices technology company JPay.The move enables Securus to boost its platforms with improved payment platforms, communications and edutainment in facilities.

JPay has a presence in over thirty facilities. Speaking during the announcement, Rick Smith mentioned that the deal took some time to go through the requisite processes. It enables the firm to provide cutting-edge solutions that align with contemporary facilities.The acquisition makes Securus the leading provider of revolutionary payment and communications platforms. The company has a strong focus on inmate welfare. The solutions are favorably priced and secure. Rick Smith takes over the operations of JPay as a wholly owned subsidiary of Securus. He points out that the company has made huge investments in technology to stay ahead of the curve.The firm has made nine strategic acquisitions to put it well ahead of the competitors. The technology platforms allow state agencies to obtain information relating to past and present crimes. Rick Smith reiterated that thousands of communications with customers prove that the systems deliver well and beyond public safety.

The feedback received indicates that the society, inmates, their families and associates, as well as facility managers, are safer than ever before.Rick Smith graduated from the State University of New York. He then proceeded to the University of Rochester where he obtained a master’s degree in business administration. He also attended Brockport State College. Rick Smith has extensive experience in the communications technology space. He has served on the board of various companies such as Integra Telecom and Eschelon Telecom where he has also previously served as President and COO among others.He has served as the CEO of Securus since 2008. He rose to the Chairman position in 2009. Additionally, he has previously held various positions at Global Crossing, a tier-one communications carrier based in Bermuda. He started as a Financial Controller and rose through the ranks to the Vice President of Financial Management title. Rick Smith is poised to solidify the leadership position that Securus Technologies has established in the correctional facilities industry.

Marc Sparks; the Successful Entrepreneur

In the entrepreneurial world, Marc Sparks is the entrepreneurs’ entrepreneur! Since graduating high school, Marc has been a principal in many startups many of which ended up being fruitful. Mark believes that God gives people challenges so that they clearly understand the responsibilities that come with success. These challenges aid in keeping us humble. Read more: Marc Sparks – AngelList and Who Is Marc Sparks?

He accounts all his success to the grace of God. Marc believed that even if he had zero formal training, he was born with a keen instinct which led him to the pass of success. His passion being to build companies, he maintains a handful of portfolio companies in his private equity firm.

He has built not only a business idea but also an entrepreneurial culture. He achieved these by exposing the future entrepreneurs to the short and long-term growth goals. Marc manages by example, and he indeed sets the space for his team. He is not afraid of losing; he loves winning despite the fact that he can’t win them all.

Capitalist Marc advises people to trade unique goods. According to him, it’s so hard to attract venture capitalists if your company has nothing unique to offer. A product that can easily be replicated can not be an attractive investment and thus the need for investors to offer something new.

Marc says that if you already have sales, use that information. If your product is already on the market, you’re only looking for capital to increase your ability to reach more customers. It is, therefore, necessary that you utilize sales data as proof of demand. You need to show customers that your product is already in demand, and is something that the people are clamoring. It is one of the best ways to prove interested, and get venture capitalist thinking.

It is also important to have a clear-cut strategy for how peoples’ money will help you. It is probably the most important part. You need to show them exactly how and where their money will improve your company. The strategy is vital for proving that you have a sound business idea and strategy and that it’s something that they need to invest.

Above all, Marc Sparks believes that presentations are everything. Showing a venture capitalist, in a very detailed presentation, how their money will enable you to increase sales is pivotal.The display makes or breaks their interest in your company, so it’s the part of the presentation you need to spend the most time perfecting.

Outside business Marc has a deep passion for helping others, for instance, he has funded the homeless shelter in Texas called, The Samaritan Inn. He offers counseling programs and financial education to people. However, Marc says that he can only help to those ready to help themselves.

Marc’s passion has led to his involvement in Habitat for Humanity. He has donated towards the construction of over a dozen homes. Marc Sparks also founded a foundation, Sparky’s Kids, through which he has donated computers to the unfortunate children. He believes this will break the poverty cycles.

To deal with stress, Marc Spark is a health enthusiast. He enjoys fishing, hiking and also golf. Marc thrives on competition in both sports and business. He is also in love with traveling. Marc believes that adventurous travel is an entrepreneur’s Mecca. According to him, his inspiration and ideas come from the travel he does from other mediums.

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