Category Archives: Investment World

A Tip From Billionaire Chris Burch On Getting Tasks Done While Also Staying Creative

One of the biggest challenges young entrepreneurs face when trying to keep ahead of fierce competition is always having fresh ideas to bring to the table. Chris Burch, a billionaire who’s also an angel investor and owns Burch Creative Capital has a tip on how to keep thinking of new ideas even while you’re on the clock trying to get your regular work done. Burch says you need to be ready just in case you suddenly get an idea in your head that you need to capture. You capture the idea by writing it down on paper as it comes to you. Burch also suggests sometimes having short brainstorming sessions with coworkers where everyone can share ideas as they come up. But he doesn’t believe you ever have to sacrifice task completion time for creativity time.

Chris Burch not only invests in startup phase companies and new brand names; he also owns several high value homes and has ownership stakes in hotel properties around the world. He was born to a middle class Pennsylvania family and attended college at Ithaca College. While he was still studying there, he started his own company which was originally a door-to-door sweater sales hobby, but he picked up customers all over New York and eventually the Northeast. The sweater sales grew into other product lines and the company became known as Eagle Eye Apparel. Burch owned Eagle Eye Apparel for about 20 years until he decided to sell it for $60 million (entrepreneur.com).

Chris Burch kept on investing in fashion and lifestyle brands even after selling Eagle Eye Apparel, and the next company he funded was his wife Tory Burch’s luxury fashion brand. He also later launched the C. Wonder retail company after founding Burch Creative Capital in 2008 (http://www.burchcreativecapital.com/).  Other companies that are previous or current members of Burch’s portfolio include Poppin, Actua, Pypestream, Jack Rogers, Voss Water and Powermat. Burch first went into real estate when Argentinian tycoon Alan Faena made known his plans to have a new 5-star hotel built in Buenos Aires. Along with that hotel, Chris Burch also bought a Miami condo from Faena’s property group. He flipped a $14 million home in Southampton, NY back in 2005 for $25 million, but then his most significant redevelopment investment is Nihiwatu Resort on the remote Sumba Island in Indonesia. This resort topped a long list in Travel & Leisure magazine’s best vacation properties, read more on wingsjournal.com..

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Chris Burch’s New Interests in the Hospitality Industry

Those who know Chris Burch know him for his prowess, and skills in entrepreneurship. Burch has a long career in business, but recently he set his eyes on another industry: hospitality. Together with his hotelier friend James McBride, Burch bought a beach property in Indonesia. Located along the Sumba coast, the hostel was bought for $30 million in 2012.

Nihiwatu: Best Hotel in the World

When Chris Burch bought the hostel, he envisioned turning it into a place where people would want to travel to, and to relax. He also bought the property as a gift for his children, and to teach them about conserving the environment and giving back to the community. After renovating the hostel, and turning it into a beach resort, Burch finally launched Nihiwatu in 2015.

Just after one year of being opened, Nihiwatu was voted by Travel + Leisure as the best hotel in the whole world. Burch was interviewed by the Business Jet Traveler back in 2015, and he talked about how the property was transformed into the gem that it is now. He also confessed that he did not expect it to turn out as beautiful as it did.

Nihiwatu is well-built, and it features some of the most beautiful and spacious villas. With 27 villas in total, the resort is set on a lovely backdrop. Burch also has his own home on the property, and it comes with four villas and private swimming pools. Currently, Burch splits his time between several of his properties in Miami, the Hamptons, and his resort in Indonesia.  To read more about this beautiful resort, check businessinsider.com.

More about Chris Burch

Chris Burch is the owner of many businesses. He also helps other startups to get on their feet, and grow their businesses. He is currently the founder as well as CEO of Burch Creative Capital. The vision and mission for his business include changing the lives of consumers of his products. He also believes in supporting others, and applying his creativity and innovation to grow his business interests.  For more of his insights and views on business related matters, click on this.

Chris Burch’s career as an entrepreneur spans over 40 years. He has invested in many businesses, and he has been involved in over 50 companies. His current interest in the hospitality industry is strategic, and complements his overall business interests. He also helps to develop brands, and he has been involved with brands such as Chubbies, Soludos and Blink Health.  Know his latest cool offering to the market, hit inc.com.

Read more about the diversity of his investment portfolio, visit http://www.burchcreativecapital.com/portfolio/

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