Everyone wants to start their own business and make it big in this world. But is it really that simple? People selling these business ideas will have you believe that you can achieve just about anything with a simple solution that they are offering and become overnight success stories. But think again. If overnight success was sellable, about three quarters of the world would be king.
Business is like a marriage. It is a big commitment where you have to give before you can start receiving. Now, you don’t marry someone you just met in a bar (unless, you are in Vegas. Everything is possible there.) You do a little research, spend some time together, get to know whether you complement each other and then take the big leap. This is exactly the principal that you must make sure that you adopt for starting a business. Here’s how you start a business with your own on demand ridesharing app.
Do you know the business?
The biggest mistake people make when they think of starting an app based business is that they have to have technical know how about the functionality of the app. Really, don’t worry about that. There are too many good Blablacar clones out there that make flawless ridesharing apps that require no attention from you. What you really need to focus on is the business of ridesharing itself.
- Are you in the transport industry already?
- Do you already own a fleet of taxis that need management through a digital platform?
- Are you trying to reach out to a larger user base with the help of your app for a pre existing business?
- Do you want to make your app available as a platform for independent taxi drivers or an existing business on a commission basis?
If your answer for any of these questions is YES then this is the business for you.
Are you buying a Blablacar clone?
With many companies offering cloned ridesharing app, things have become a lot more convenient. However, with so many options out there, you must be especially careful about who you chose to go for. Ensure that your app is feature rich and that you take a real demo for the same before actually spending on it. Give it a thorough on road trial to ensure you know exactly what your customer will experience.
Apart from this also bear in mind that an app might require some amount of bug fixing and upgradation in the future. This is why you must choose an application offered by a company that offers a fair few months of bug fixes and an upgradation when needed. Remember to compare the cost with the whole account of features. Sometimes companies that charge less are the ones that have too many hidden charges that bleed your pockets dry later.
Do you know your competition?
The best way to be on top of your competition is to know exactly what they are up to and what their market plans are. So, one of the most important things to do before you begin your business is to download and use the app your competition is offering. Understand how it works, take all the positives and leave all the negatives.
Having an idea about all the competitor apps in the geography you are targeting will also give you the right ideas about marketing your app and adding value additions to the app that can attract more and more users.
On the whole the business of an on demand ridesharing app is a huge success all over the world. However, if you do not know where you are putting in your money you can find yourself in a tight spot. Do your research well and buy your app only from a vetted company. Enjoy making money easily and instantly!