4.6 • 683 Ratings
🗓️ 7 February 2018
⏱️ 17 minutes
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0:00.0 | This is the top entrepreneurs podcast where founders share how they started their companies and got |
0:06.9 | filthy rich or crash and burn. Each episode features revenue numbers, customer counts, and other |
0:16.1 | insider information that creates business news headlines. We went from a couple hundred thousand dollars to two point seven million. |
0:23.6 | I had no money when I started the company. |
0:25.6 | It was a hundred and sixty million dollars which is the size of any IPOs. |
0:29.6 | We're a bit strapped. |
0:30.6 | We have like 22,000 customers. |
0:33.6 | With over five million downloads in a very short amount of time, major outlets like Inc are calling us the fastest growing business show on iTunes. |
0:43.6 | I'm your host, Nathan Latka, and here's today's episode. |
0:48.5 | Hello, everyone, my guest today is John Ziegler. |
0:51.7 | He is the CEO of a company called Park Mobile at ParkMobilglobal.com. |
0:56.2 | He's a seasoned executive with consistent track record of driving growth and innovation and software |
0:59.9 | and technology-enabled service businesses. John, are you ready to take us to the top? |
1:04.9 | I am, Nathan. Good. Tell us what ParkMobile does and what's your revenue model. How do you make money? |
1:09.7 | Sure. So Park Mobile is |
1:11.1 | driving the next stage of auto-related mobility. We do it by enabling convenience for drivers |
1:16.5 | and what's historically been a very inconvenient and uncertain experience, which is parking. |
1:21.4 | Right now we primarily enable folks to find and reserve and pay for parking and other auto-related mobility services |
1:28.8 | like charging stations through a mobile app or web. |
1:33.3 | Our revenue model is we have a small convenience fee. |
1:37.4 | So every time somebody pays for parking on street or off street using their mobile phone versus going and printing out a ticket |
1:46.2 | or putting coins in a meter, we make a small convenience fee off of that. |
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