Good business ideas usually come to you in the midst of your daily schedule, and it can help to have a little time to brainstorm for them as well. Entrepreneur Chris Burch, the owner of Burch Creative Capital says you just need to have some time where you write down ideas as they come to you, and then later share them. Burch has had quite a few innovative companies come from random ideas at his investment firm, and he’s happy to guide new entrepreneurs with the start of their companies.
Chris Burch is currently a billionaire with all his equity, stock options and hard assets totalling to that net worth as mentioned by Forbes in 2014. But where it all began for Burch was when he was only a college student at Ithaca College in upstate New York. He had gotten an idea to buy custom-made sweaters and sell them around the college and he grew it into a million-dollar retailer. It became known as Eagle Eye Apparel and had over 50 stores at the height of its time. Chris Burch sold the company later and prior to starting Burch Creative Capital undertook several other ventures including producing a movie and also buying stakes in a private equity firm.
Chris Burch has been a consultant and brand expert for several notable fashion and lifestyle companies including his former wife Tory Burch’s fashion line, and the ED Company by Ellen DeGeneres, know more on (Bjtonline.com). He exited Tory Burch around 2012, but four years earlier he had begun Burch Creative Capital and launched C. Wonder. Other companies he funded through Burch Creative Capital include Voss Water, Poppin Office Solutions, Powermat, Snowe Home, and Pypestream.
Chris Burch started investing some of his profits in real estate back in the 1990s, and then in 2004 made a major investment in a Buenos Aires 5-star hotel in partnership with The Alan Faena Group. He began to accumulate even more returns on investment when he bought several residential properties in New York and Nantucket Island including one that he flipped from $14 million to $25 million. Burch made his largest investment in 2012 when he bought a hostel on a remote island in Indonesia known as Sumba. He poured $30 million into this property and had it transformed into one of the most lavish beach resorts in the world. Burch as a philanthropist has been a former donor and trustee of the Tilton School in New Hampshire, important source on businessinsider.com.