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 like has been occurring with Uber and Lyft. The actual motive for drivers to switch is that they will have to work less hours to earn more income.
The company wants to launch the service within the next month and it is targeting the opening for 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 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 may generate a viral sharing frenzy to get people on the app, essential to attracting the drivers. Tryp has communicated around they intend to launch sometime “within the next two weeks” in Orange County and La in California. However, they are heavily recruiting drivers in places like Atlanta, New Orleans, and then any area of the country they are able to get hold of.
We chose to attend one of those 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 along with a half and is also nearly the same as the sort 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 almost no reference to any rideshare-related details. As the Rideshare Professor points out, as of this writing there is not any brick niljss mortar HQ, no offices, no downloadable apps, nor any evidence of licenses. You can check out his thoughts on Tryp here.
Rideshare Companies are Tough – We’ve interviewed CEOs of rideshare companies like Ride Austin and studied new entrants like Juno then one common theme would be that the rideshare organization is very tough and extremely expensive. Juno only gained market share because they were funded with huge amounts of money and could actually subsidize rides – but as of July 31, 2018 these were doing around 33,000 trips per day, in comparison to Uber’s 453,000 trips daily. So despite everything that effort, these were completely dominated by Uber and also Lyft in just one city.
Tryp’s emergence should prove that it’s simple to get drivers to sign up having a company but getting passengers is the place where the real 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 so the money is.
How Come This Attract So Many Rideshare Drivers? It’s no secret that lots of rideshare drivers are unhappy with the direction they have been treated in the gig-economy. It’s easy to victimize that sentiment by providing a quick solution that generally seems to offer drivers a way to solving all of their problems. For this reason it’s no coincidence that Tryp is providing to provide drivers everything they’ve ever wanted with few particulars on how.
Prime Leads: We have been already “entrepreneurs” who have taken a leap of faith and demonstrated a willingness to invest our personal money in something. We now have taken the primary risk to even start driving for Uber and some people are even comfortable being independent contractors. We have even experience referring people to drive for Uber for any bonus.