Summary

In this episode, Clyde Wilson discusses his parking rules to live by. He explains that the basics of the parking business can be simplified to the statement 'we sell a parking space for time.' He developed these rules to live by based on his experience in the industry and the need for guidelines to help parking managers. The three rules are: 1) Parking is an on the streets business, 2) Get the tickets on the cars and the money in the bank, and 3) Know your numbers.

Takeaways

The parking business is about selling a parking space for time.

Parking managers need to be on the streets and understand their customers' needs.

Recording transactions and tracking revenue are essential in the parking business.

Knowing and analyzing key numbers can help managers impro ...