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 more have as much as 30% taken by companies such as has been occurring with Uber and Lyft. The underlying motive for drivers to switch is that they will have to work less hours to make more money.
The business plans to launch this particular service inside the the following 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 service is also unique for riders because they get compensated to talk about the app 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 produce a viral sharing frenzy to have people on the app, essential to bringing in the drivers. Tryp has communicated with us that they intend to launch sometime “within the next two weeks” in Orange County and Los Angeles in California. However, they are heavily recruiting drivers in places like Atlanta, New Orleans, as well as any area of the country they could get a hold of.
We made a decision to attend one of those presentations and record it for the 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 one hour along with a half and it is very similar to the sort of MLM presentation you will 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 reference to any rideshare-related details. As the Rideshare Professor highlights, at the time of this writing there is absolutely no brick niljss mortar HQ, no offices, no downloadable apps, nor any evidence of licenses. You should check out his ideas on Tryp here.
Rideshare Companies are Tough – We’ve interviewed CEOs of rideshare brands like Ride Austin and studied new entrants like Juno then one common theme would be that the rideshare business is very tough and very expensive. Juno only gained market share since they were funded with huge amounts of money and had the ability 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 each day. So despite everything that effort, these were completely covered with Uber and even Lyft in just one city.
Tryp’s emergence should prove that it’s easy to get drivers to sign up using a company but getting passengers is when the actual companies separate themselves through 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 the place where the passengers are and thus the amount of money is.
How Come This Interest A Lot Of Rideshare Drivers? It’s no secret that numerous rideshare drivers are unhappy with the way they happen to be treated in the gig-economy. It’s easy to prey on that sentiment by giving a simple solution that appears to offer drivers a path to solving their problems. This is why it’s no coincidence that Tryp offers to give drivers everything they’ve ever wanted with few particulars on how.
Prime Leads: We are already “entrepreneurs” which have taken a leap of faith and demonstrated a willingness to invest our own money in something. We have now taken the primary risk to even start driving for Uber and some of us are even comfortable being independent contractors. We even have experience referring people to drive for Uber for any bonus.