A new rideshare company, Tryp Rides, is soon to launch their particular 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 like has been occurring with Uber and Lyft. The actual motive for drivers to switch is they will have to work less hours to earn more money.
The company wants to launch this particular service within the next month and is also targeting the opening for brand new drivers in LA and Orange counties while there is a dense population of both riders and drivers.
The services are also unique for riders in that they get compensated to discuss the app along with other friends, colleagues and family. Each time someone they share the app with uses the app to hail Tryp ride share, they earn $.40. This will generate a viral sharing frenzy to have people on the app, important to attracting the drivers. Tryp has communicated with us they plan to launch sometime “within another two weeks” in Orange County and La in California. However, they have been heavily recruiting drivers in places like Atlanta, New Orleans, as well as any portion of the country they are able to get a hold of.
We decided to attend one of these brilliant presentations and record it for our 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 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 hardly any mention of any rideshare-related details. Because the Rideshare Professor indicates, since 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 ideas on Tryp here.
Rideshare Businesses are Tough – We’ve interviewed CEOs of rideshare brands like Ride Austin and studied new entrants like Juno and something common theme is the fact that rideshare company is very tough and very expensive. Juno only gained market share simply because they were funded with vast amounts of money and were able to subsidize rides – but since July 31, 2018 these people were doing around 33,000 trips per day, in comparison to Uber’s 453,000 trips per day. So despite all that effort, they were completely dominated by Uber and even Lyft within one city.
Tryp’s emergence should prove that it’s easy to get drivers to join up having a company but getting passengers is the place where the real companies separate themselves from the others. There’s a good reason why most drivers prefer driving for Lyft over Uber yet they still do almost all of their rides with Uber – it’s because Uber is the place where the passengers are and thus the money is.
Why Does This Appeal To So Many Rideshare Drivers? It’s no secret that numerous rideshare drivers are unhappy with the way they have already been treated inside the gig-economy. It’s simple to prey on that sentiment by offering a fast solution that appears to offer drivers a way to solving all of 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 shell out our very 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 experience referring individuals to drive for Uber for a bonus.