The Last Word: ParkHub’s George Baker Sr. on What It Takes To Start a Business

“Building a successful business takes more than just money.”

George Baker Sr.
Founder and Chairman
ParkHub
.…on what it takes to start a business, via Forbes.

Writing recently in Forbes as a member of the Forbes Business Council, Baker offered valuable insights into how to start a business, based on his own journey at Dallas-based ParkHub.

“I soon realized that capital alone wasn’t enough for a startup. When entrepreneurs are asked to rate the biggest problems they face, financing is rarely at the top of the list,” Baker writes. “They are often more likely to list problems like finding the right employees, covering health insurance costs, and dealing with tax issues.”

Baker notes that starting a business also “demands mentorship, advisory support, and guidance in crafting effective go-to-market strategies.”

Last month, parking management software and payments solutions provider ParkHub merged with JustPark, one of the United Kingdom’s leading app-based parking reservations technology and payments platforms. It was just the latest move for the Dallas company, which works with businesses, municipalities, and venues like AT&T Stadium and American Airlines Center.

You can learn more of Baker’s advice about making a “personal investment in entrepreneurship” in his Forbes article here.

For more of who said what about all things North Texas, check out Every Last Word.

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