Billy Lerner is acknowledged in the business world for his contribution to the parking industry through his company iPark. iPark is currently the largest family-owned parking garage firm in the entire New York and has been redefining the standards of business in many ways. In this post, we will try to uncover the steps that have made Billy a real start for the company.
Interest in basics
Bill has mentioned time and again how he was always interested in the company, which was formerly known as Imperial Parking Systems. The company was founded by his father and has been running for more than six decades. However, after Billy’s entry into the operations, things changed in many ways. Initially, he took interest in working with his father and learned the basic rules of business. To deepen his understanding and management, he pursued a degree from the University of Colorado, following which he joined the company full time. He started by redeveloping all operational functions, so as to serve customers better and increased facilities via expansion through acquisitions.
The lessons he learned
On being asked about his mistakes, Billy has said that he should have focused more on acquisitions in the initial years. Currently, iPark has close to 150 facilities in the entire New York area, but the CEO believes that this could have been a lot better. He also added that the company took a while to adapt to the overall changes in marketing patterns, but the brand is still leading when it comes to offering services to customers using online platforms. In terms of challenges, Billy had recently talked in an interview as how the costs of operations in a metropolis remain a matter of concern. He also added that the prices of real estate has been increasing faster than ever, which means that acquiring new properties is going to cost the parking businesses.
Business with a cause
Billy is also the founder for Billy4Kids, which is an organization that donates shoes to underprivileged kids in countries like Haiti and Brazil. To help for the cause, he has placed green boxes in all the facilities of iPark, where people, consumers and visitors can give their gently used shoes for the cause. He has added that iPark wants to be there for the children, who haven’t been fortunate with their needs.
No wonder, his success remains a milestone for most budding entrepreneurs!
Bill Lerner is the President and CEO of iPark, which is the largest family-owned parking garage company in New York. The company is known to be at the center of technological evolution of the industry. William Lerner, as he is known officially in the business world, has steered the company to success. In this post, we try to decode his success and efforts with iPark in a better way.
Things that matter
Billy has always insisted that more customers would be interested in getting professional parking facilities in days to come, and it is important to be a brand that patrons can identify with. iPark was formerly known Imperial Parking Systems, which was founded by his father. Bill took formal charge of the company after his graduation, and he started his job by changing and redeveloping the operational functions, which eventually reflected in better customer service. To make iPark a real brand, he started working on technological transitions and expansion through acquisitions. In less than two decades, iPark has close to 150 facilities all around the city and beyond. Bill adds that the need to revamp services is important for the industry.
Talking of big changes
In many of his interviews, Bill has talked about the use of internet to reach more customers. He has agreed that the online platforms and marketing has helped in adding to business and customers do like the incredible offers and deals offered on the web. However, he is more focused on the future, which is going to be about electric and hybrid cars. Bill has mentioned that the company wants to cater to the needs of these vehicles in a better way, and iPark has already taken the first steps by participating with Tesla Motors, Inc.™ and Beam Charging™. Currently, the company has 25 facilities with integrated charging systems. Bill has assured that the numbers are going to increase.
On being asked what has propelled his success, Bill talked of the business values he has learned from his father. He also added that his degree from University of Colorado has helped him immensely in understanding the management aspects. He has hinted that iPark will keep focusing on mergers and acquisitions, and the company will always take the extra step to ensure the best experience for customers.
When Bill isn’t working for iPark, he is busy with charities and causes that are close to his heart!
Billy Lerner has taken upon providing adequate footwear to poor children across the world. As a result, they have been providing adequate footwear to poor children to safeguard them from various kinds of parasitic diseases. It would be imperative for the poor children that they are safeguarded against parasitic diseases.
A number of charities all over the world are working to provide to the needs of the underprivileged children. They are searching for ways to enhance their living and hygiene standards. However, what they often forget is about providing adequate footwear to the children as well. One man, Billy Lerner started the movement to provide adequate footwear for the underprivileged children all over the world. After two years, the movement has provided approximately 4000 pairs of shoes to the children across the globe. You can also join the movement started by him and do some charity for the poor children.
Doing an act of charity has been made simple with a number of private non-profit organizations working all over. These organizations have been known to assist the poor and destitute people across the globe that is unable to sustain them. An act of charity would provide them with a chance to live a healthy life.
Billy Lerner started the movement in 2013 to provide shoes for the destitute children across the world. It is a remarkable achievement by his non-profit organization. It has been two years since the movement started and Billy Lerner has been able to provide at least 4000 pair of shoes to poor children across the world. Shoes will help these poor children safeguard them from several kinds of parasitic diseases. Footwear will help them protect from various diseases. You can also support the cause by joining hands with the organization and providing for basic needs to the poor people.
Entrepreneurs are meant to make profits, and that holds true with most people. After all, successful businessmen know what it takes to generate money, and many of them are just happy with that. However, entrepreneur William Lerner wishes to differ. He is best known as the owner and president of iPark, which is an advanced family-owned parking garage facility in New York. Here are some quick facts.
Getting high on business
Lerner always knew that business was his forte, and he started early by understanding the model of Imperial Parking Systems, which was then managed by his father. He took real interest after his graduation in business, and within the first few years, he totally transformed the company. Apart from expanding the business through acquisitions, he ensured that there were enough use of tech and betterment in operational functions, so that the business becomes a brand that’s iPark today. No wonder, his success and vision makes his company one of the leaders in parking industry’s technological evolution..
Charity and more
William Billy Lerner isn’t just known for money, as mentioned earlier. He is one of the few people who like to take personal interest in charity and he has been working on that for more than twenty years now. In fact, his organization Billy4Kids works for underprivileged children by donating shoes and working with other charities. Billy wanted to prevent the feet diseases caused by bacteria and parasites of the soil in children, and Billy4Kids strives to achieve that. He doesn’t just rely on data but ensures that a good chunk of his time goes in that direction.
Of course, he is also extremely close to his family and likes to be around his three children for most days. His work has inspired many, and it would continue to do so.