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 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 need to work less hours to earn more income.
The company plans to launch this service within the the following month and it is targeting the opening for brand new drivers in LA and Orange counties since there is a dense population of both riders and drivers.
The services are also unique for riders because they get compensated to share the app 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 have people on the app, critical to attracting the drivers. Tryp has communicated with us they intend to launch sometime “within the following two weeks” in Orange County and Los Angeles in California. However, they have been heavily recruiting drivers in places like Atlanta, New Orleans, and any part of the country they could get a hold of.
We chose to attend one of these presentations and record it for the notes. I quickly found a 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 an hour or so along with a half and it is nearly the same as the kind 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 exists almost no reference to any rideshare-related details. As the Rideshare Professor points out, since 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 thoughts on Tryp here.
Rideshare Companies are Tough – We’ve interviewed CEOs of rideshare businesses like Ride Austin and studied new entrants like Juno and one common theme is that the rideshare organization is very tough and extremely expensive. Juno only gained market share simply because they were funded with vast amounts of money and could actually subsidize rides – but since July 31, 2018 they were doing around 33,000 trips daily, compared to Uber’s 453,000 trips each day. So despite all 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 sign up with a company but getting passengers is where the true companies separate themselves from your others. There’s a 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 where the passengers are and so the money is.
Why Does This Interest A Lot Of Rideshare Drivers? It’s no secret that lots of rideshare drivers are unhappy with the direction they happen to be treated inside the gig-economy. It’s easy to take advantage of that sentiment by offering a simple solution that appears to offer drivers a way to solving all of their problems. This is the reason it’s no coincidence that Tryp offers to offer drivers everything they’ve ever wanted with few particulars on how.
Prime Leads: We have been already “entrepreneurs” which have taken a leap of faith and demonstrated a willingness to invest our own funds in something. We have taken the first risk to even start driving for Uber and many of us are even comfortable being independent contractors. We have experience referring men and women to drive for Uber to get a bonus.