A new rideshare company, Tryp Rides, is soon to launch their unique service of 100% fare, tips and wait chargers for drivers in LA and Orange county. Drivers will no more have as much as 30% taken by companies like has been occurring with Uber and Lyft. The underlying purpose for drivers to switch is they will need to work less hours to earn more income.
The business plans to launch this particular service inside the next month and it is targeting the opening for first time drivers in LA and Orange counties while there is a dense population of both riders and drivers.
The service is also unique for riders in this they get compensated to talk about the app along with other friends, colleagues and family. Each and every time someone they share the app with uses the app to hail Tryp ride share, they earn $.40. This can generate a viral sharing frenzy to have people on the app, critical to bringing in the drivers. Tryp has communicated around they plan to launch sometime “within the next two weeks” in Orange County and L . A . in California. However, they are heavily recruiting drivers in places like Atlanta, New Orleans, and any portion of the country they could get hold of.
We chose to attend one of these presentations and record it for your notes. I quickly found a hyperlink that connected me to one of many 4 daily Zoom video conferences that Tryp gives to eager rideshare drivers seeking to learn more. The presentation itself lasts about an hour or so as well as a half and is nearly the same as the type of MLM presentation you will see from Vector Marketing (Cutco knives) or Herbalife, albeit modified to capitalize on the wonders from the modern internet.
What’s more, the presentation focuses heavily on recruiting other drivers. There is certainly very little mention of any rideshare-related details. Because the Rideshare Professor highlights, as of this writing there is absolutely no brick niljss mortar HQ, no offices, no downloadable apps, nor any evidence of licenses. You can check out his thoughts on Tryp here.
Rideshare Businesses are Tough – We’ve interviewed CEOs of rideshare companies like Ride Austin and studied new entrants like Juno then one common theme is the fact that rideshare business is very tough and extremely expensive. Juno only gained market share because they were funded with vast amounts of money and were able to subsidize rides – but at the time of July 31, 2018 these people were doing around 33,000 trips each day, when compared with Uber’s 453,000 trips each day. So despite everything that effort, they were completely dominated by Uber as well as Lyft in just one city.
Tryp’s emergence should prove that it’s very easy to get drivers to join up with a company but getting passengers is when the real companies separate themselves from your others. There’s a reason why most drivers prefer driving for Lyft over Uber yet they still do most of their rides with Uber – it’s because Uber is where the passengers are and so the cash is.
Why Does This Appeal To Numerous Rideshare Drivers? It’s no secret that many rideshare drivers are unhappy with the direction they happen to be treated within the gig-economy. It’s easy to take advantage of that sentiment by giving a fast solution that seems to offer drivers a way to solving their problems. For this reason it’s no coincidence that Tryp is providing to give drivers everything they’ve ever wanted with few information on how.
Prime Leads: Our company is already “entrepreneurs” that have taken a leap of faith and demonstrated a willingness to invest our personal cash in something. We have now taken the primary risk to even start driving for Uber and some people are even comfortable being independent contractors. We even have experience referring people to drive for Uber for a bonus.