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 just as much as 30% taken by companies like has been occurring with Uber and Lyft. The underlying purpose for drivers to switch is that they will have to work less hours to make more money.
The business intends to launch this service within the next month and 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 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 will generate a viral sharing frenzy to have people on the app, important to bringing in the drivers. Tryp has communicated around they plan to launch sometime “within another two weeks” in Orange County and L . A . in California. However, they have been heavily recruiting drivers in places like Atlanta, New Orleans, and any portion of the country they are able to get a hold of.
We decided to attend one of those presentations and record it for your notes. I quickly found a hyperlink 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 is very similar to the kind of MLM presentation you would 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 is hardly any reference to any rideshare-related details. Because the Rideshare Professor highlights, since this writing there is 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 companies like Ride Austin and studied new entrants like Juno and one common theme is that the rideshare company is very tough and incredibly expensive. Juno only gained market share because they were funded with vast amounts of money and were able to subsidize rides – but since July 31, 2018 these were doing around 33,000 trips each day, in comparison to Uber’s 453,000 trips daily. So despite all that effort, they were completely covered with Uber as well as Lyft in only one city.
Tryp’s emergence should prove that it’s easy to get drivers to sign up using a company but getting passengers is the place where the real companies separate themselves from the others. There’s a 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 so the money is.
Why Does This Appeal To So Many Rideshare Drivers? It’s no secret that many rideshare drivers are unhappy with the way they happen to be treated in the gig-economy. It’s easy to victimize that sentiment by offering a quick solution that appears to offer drivers a road to solving all of their problems. This is the reason it’s no coincidence that Tryp is offering to provide drivers everything they’ve ever wanted with few particulars on how.
Prime Leads: Our company is already “entrepreneurs” that have taken a leap of faith and demonstrated a willingness to spend our personal money in something. We now have taken the initial risk to even start driving for Uber and many of us are even comfortable being independent contractors. We have even experience referring men and women to drive for Uber to get a bonus.