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 motive for drivers to switch is that they will have to work less hours to earn more income.
The company intends to launch the service within the next month and is targeting the opening for 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 receive money to share 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 generate a viral sharing frenzy to obtain people on the app, critical to bringing in the drivers. Tryp has communicated around 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 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 among the 4 daily Zoom video conferences that Tryp gives to eager rideshare drivers seeking to find out more. The presentation itself lasts about one hour along with a half and is also very similar to the kind of MLM presentation you would probably 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 exists almost no mention of any rideshare-related details. As the Rideshare Professor indicates, since this writing there is no brick niljss mortar HQ, no offices, no downloadable apps, nor any proof of licenses. You should check out his thoughts 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 that the rideshare company is very tough and very expensive. Juno only gained market share because they were funded with huge amounts of money and had the ability to subsidize rides – but as of 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 everything that effort, these were completely covered with Uber and also Lyft within one city.
Tryp’s emergence should prove that it’s simple to get drivers to join up having a company but getting passengers is the place where the actual companies separate themselves from your 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 therefore the cash is.
Why Does This Interest So Many Rideshare Drivers? It’s no secret that numerous rideshare drivers are unhappy with the direction they have already been treated inside the gig-economy. It’s easy to prey on that sentiment by providing a quick solution that generally seems to offer drivers a road 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 have been already “entrepreneurs” who have taken a leap of faith and demonstrated a willingness to shell out our own money in something. We have taken the initial risk to even start driving for Uber and some people are even comfortable being independent contractors. We have experience referring men and women to drive for Uber for any bonus.