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 longer have just as much as 30% taken by companies such as has been occurring with Uber and Lyft. The underlying motive for drivers to switch is they will have to work less hours to earn more income.
The organization wants to launch this particular service in the the following month and it is targeting the opening for brand new drivers in LA and Orange counties as there is a dense population of both riders and drivers.
The services are also unique for riders in that 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 may generate a viral sharing frenzy to get people on the app, essential to attracting the drivers. Tryp has communicated with us which they intend to launch sometime “within the following two weeks” in Orange County and Los Angeles in California. However, they are heavily recruiting drivers in places like Atlanta, New Orleans, and then any area of the country they can get a hold of.
We chose to attend one of those presentations and record it for our notes. I quickly found a web link that connected me to one of the 4 daily Zoom video conferences that Tryp gives to eager rideshare drivers seeking to learn more. The presentation itself lasts about an hour and a half and it is nearly the same as the sort of MLM presentation you would probably see from Vector Marketing (Cutco knives) or Herbalife, albeit modified to capitalize on the wonders in the modern internet.
What’s more, the presentation focuses heavily on recruiting other drivers. There exists very little mention of any rideshare-related details. Because the Rideshare Professor highlights, at the time of this writing there is not any brick niljss mortar HQ, no offices, no downloadable apps, nor any proof of licenses. You should check out his ideas 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 that the rideshare business is very tough and extremely expensive. Juno only gained market share because they were funded with huge amounts of money and were able to subsidize rides – but as of July 31, 2018 these people were doing around 33,000 trips daily, when compared with Uber’s 453,000 trips each day. So despite everything that effort, these were completely covered with Uber as well as Lyft in just one city.
Tryp’s emergence should prove that it’s very easy to get drivers to sign up using a company but getting passengers is where the true companies separate themselves from the others. There’s a good 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 when the passengers are and thus the amount of money is.
How Come This Attract So Many Rideshare Drivers? It’s no secret that numerous rideshare drivers are unhappy with the direction they have been treated in the gig-economy. It’s very easy to victimize that sentiment by offering a quick solution that appears to offer drivers a way to solving all their problems. This is why it’s no coincidence that Tryp is offering to offer drivers everything they’ve ever wanted with few details on how.
Prime Leads: Our company is already “entrepreneurs” who have taken a leap of faith and demonstrated a willingness to invest our own funds in something. We have taken the first risk to even start driving for Uber and some people are even comfortable being independent contractors. We have even experience referring men and women to drive for Uber to get a bonus.