Smart Dating in a Taxi. Financially Friendly Travel.
- Project name: Taxi for smart dating
Brief description:
I am reaching out to you because the ridesharing landscape has been the same for years. Current services are not designed to benefit drivers who operate independently of companies. No one has yet figured out how to offer drivers higher earnings while reducing costs for riders. Here is an example from Uber, which states at the end: *Does not guarantee savings*. You can see it here: https://www.uber.com/us/en/ride/group-rides/
Earn more per trip by sharing rides with fellow travelers, without extra mileage or vehicle wear. This opportunity is open to all drivers, inviting them to become co-founders in a joint-stock company. As a co-founder, drivers gain significant advantages: no self-employment taxes, reduced fuel and maintenance costs, access to new vehicle purchases, and ownership in their own insurance company. They also establish direct industry connections, giving them a stake in the car industry. Plus, as co-founders, drivers receive dividends from the company’s profits, so every ride counts, making it worthwhile to fulfill all trip requests, which in turn boosts passenger interest.
At the moment, a modern ride-sharing service offers to walk a few blocks and get into a specified car with an unknown fellow traveler. A driver working for Uber, Bolt, Yandex, DiDi, Grab... gets a conditional 100% from a passenger. Pays a commission of 32%, pays a tax of 6%, pays 10% insurance, pays for fuel 5%, pays for rent from 30%. Keeps 15% for himself at best. I propose to increase the driver's earnings from +20% to 140%. And for this, receive a 5% commission from each sold order with fellow travelers to the driver. The main unique principle that allows passengers to save and drivers to earn is ready and tested. The distance between passengers changes, but each passenger still pays 40% less. At the same time, the driver always earns +20-140% more. In addition, the state's income increases by +20-140%. This formula is effective and has been successfully tested. Not a single known taxi or IT company has been able to implement this formula and legalize the driver. Therefore, the driver either works illegally or is dishonest with tax returns, there are no receipts, no reporting. The driver is not offered an alternative to earn more. No one cares about his real earnings. Only the desire to pay more and more often. Which affects passengers, a constant increase in tariffs.
Ready-made part of IT solution. We are looking for interested people.
From 2016 to 2019, I ran my own taxi service with a fleet of drivers and dispatchers. I created this service to test a unique principle that I developed. I reinvested the profits from the taxi service into developing a mobile application. This included developing a mobile application for passengers, which was a potential problem for taxi service owners.
There is a video that also explains the project: https://youtu.be/uav7KYkK92Q?si=85f_O0hpu_LKS2QL
To calculate potential driver sign-ups for Smart Dating Taxi, we can look at the global landscape of dissatisfaction with ridesharing and interest in alternative models. Current data shows that Uber has 5.4 million drivers worldwide, with 1.5 million in the U.S. alone. About 20% of drivers report dissatisfaction with the platform due to issues like high commission fees (up to 32% for Uber) and low net income that barely meets minimum wage in many regions.
According to recent data, the average monthly income of ridesharing drivers in the U.S. varies widely, with Uber and Lyft drivers typically earning between $1,000 and $1,200 per month after expenses in most regions. In cities with higher wages (like San Francisco, Seattle, and New York), income can rise to $3,500 to $4,000 per month before deductions, especially if drivers make the most of peak hours and take advantage of advertising incentives.
However, these numbers can drop significantly when you factor in platform fees, which often exceed 20%, and other expenses like fuel, maintenance, and insurance, forcing many drivers to look for alternatives for a higher net income.
Lower fees and the benefits of shared ownership allow drivers to retain a higher net income, creating a financially sustainable model for both drivers and investors.
Assuming that Smart Dating’s lower fees, tax incentives, and shared ownership structure attract this disgruntled 20%, the initial potential driver pool could be around 1 million drivers worldwide.
This estimate is feasible because it represents a portion of the larger ridesharing workforce interested in models that offer fairer wages and better working conditions.
The global ridesharing market is valued at over $61 billion and is expected to grow significantly in the coming years. Demand continues to grow due to urban congestion and the shift from personal car ownership to shared transportation. Investors have a chance to enter a growing industry with a unique market proposition.
Beyond traditional ridesharing, there is a niche demand for apps that combine social connections with transportation, targeting users who value the convenience of carpooling while expanding their social circle. This combination simultaneously taps into two strong markets: mobility and social networking.
Smart Dating Taxi offers a commission rate of 5%, which is significantly lower than the 25-30% charged by competitors like Uber and Lyft. For drivers making $5,000 in gross monthly rates, this saves them around $1,000-$1,250 per month in platform fees alone.
By organizing drivers as co-owners within a corporation, drivers can avoid the typical self-employment tax of 15.3%. This equates to monthly savings of around $500-$800 compared to self-employed drivers.
Through group discounts and bulk purchasing of fuel, maintenance, and insurance, drivers can save an additional 10-20% on monthly expenses. For many, this equates to monthly savings of around $60-$200, increasing their net income.
Drivers receive up to $2,250 per month in combined platform fees, taxes, and operating costs, making Smart Dating Taxi very attractive to drivers.
The 5% platform fees generate a steady stream of revenue without placing much of a burden on drivers, ensuring driver retention and loyalty to the platform. With 100 drivers each earning around $5,000 per month, Smart Dating Taxi generates revenue from platform fees of $25,000 per month.
With lower costs and vested interest as shareholders, drivers are motivated to stay on the platform, resulting in lower turnover. High driver retention rates result in lower recruitment costs and a stable network.
In addition to trip commissions, Smart Dating Taxi can leverage vehicle leasing, insurance packages, and in-app premium features, increasing revenue potential. > Annual Projected Revenue from 100 Drivers:Around $300,000 in platform fees alone, with additional revenue potential through enhanced services.
Incentivized Driver Behavior and Increased Completion Rates
Drivers in the Smart Dating Taxi model are rewarded based on the number of trips they complete rather than the fare, reducing the problem of missed or ignored cheap rides. This approach maximizes the completion rate of trips on the platform, which is essential for user satisfaction and retention.
By strategically promoting shared rides during high-demand times (such as morning and evening commutes), the platform maximizes occupancy rates and average fares, increasing overall profitability.
Realistic Profitability and Market Position
Smart Dating Taxi’s structure and low overhead make it financially viable and poised for expansion into new cities. Unlike traditional ridesharing models, it does not rely on large subsidies or high driver commissions to maintain driver interest.
The combination of social networking with efficient transportation appeals to a wide user base. This dual-use service creates a niche market that differentiates Smart Dating Taxi from other ridesharing companies.
Lower costs and higher income potential for drivers create a robust network of dedicated drivers, minimizing turnover and maximizing platform stability.
With reliable revenue from platform commissions and additional services, Smart Dating Taxi presents a profitable, growth-oriented business model for investors.
As Smart Dating Taxi scales its platform, it can capture significant market share in a unique segment, with the potential to expand into multiple cities and leverage additional partnerships. By investing in Smart Dating Taxi, investors gain access to a fast-growing market that combines ride sharing with social interaction, supported by a cost-effective, scalable business model.
The unique structure reduces costs for drivers, increases driver loyalty, and creates additional revenue opportunities, ensuring long-term profitability and growth potential.
This approach maximizes ride completion rates on the platform, which is essential for user satisfaction and retention.
Investment opportunity
Smart Dating Taxi reimagines ridesharing by combining transportation with social interaction, optimizing driver revenue and reducing passenger costs.
The model solves a major industry problem:
low profitability for drivers on short trips, often resulting in high cancellation rates and loss of income.
low profitability for drivers on short trips, which often results in high cancellation rates and lost revenue. With our innovative ridesharing and profitability-focused approach, Smart Dating Taxi delivers higher revenue for drivers and a reliable, affordable service for passengers.
Market Needs and Pain Points.
Low driver income on short trips: Research from the Economic Policy Institute shows that Uber drivers earn $8-$12 per hour in some cities, barely above minimum wage after expenses. This causes drivers to prioritize rides with high fares, leaving short trips underserved.
Up to 25% of low-fare rides are declined by drivers, resulting in long wait times and low rider satisfaction with the platform.
Independent drivers face high self-employment taxes and platform fees (25-30%), which reduces net pay and results in high turnover.
Shared fare model: By offering shared rides for short trips, drivers earn more per trip. A short $5 ride turns into $9 with three passengers, incentivizing drivers to accept all rides.
With a low 5% commission, drivers earn more income, addressing income dissatisfaction and reducing turnover.
The model offers riders a unique experience, promoting connections during shared rides, attracting a younger, more socially active demographic.
By pooling passengers, drivers increase revenue on short trips, making all trips profitable and reducing service gaps for low-fare passengers.
Lower abandonment rates and improved retention.
Because revenue is tied to the number of trips rather than the fare, drivers are incentivized to accept all trips, increasing platform reliability and service levels.
The equity model incentivizes drivers to remain on the platform as shareholders, increasing loyalty and reducing labor costs.
Expansion and scalability.
Demand for efficient ridesharing is growing, especially among young people in urban areas.Smart Dating Taxi takes advantage of this by offering a combination of low-cost, socially-friendly shared rides.
Shared rides reduce vehicle downtime and emissions, aligning with cities’ sustainability goals and appealing to eco-conscious users.
Realistic financial projections and expected ROI per 100 drivers
Realistic Financial Projections and Expected ROI | Metric | Amount | |-----------------------------------|-------------|
| Total Monthly Revenue | $500,000 |
| Platform Fee Revenue (5%) | $25,000 |
| Annual Platform Fee Revenue | $300,000 |
| Driver Savings on Platform Fees | $1,000–$1,250 per driver |
| Tax and Cost Savings | $500–$800 per driver | | Expected Monthly Net Driver Growth
| Up to 20–30% vs. Traditional Models |
Conclusions:
Investor Takeaway Smart Dating Taxi’s approach addresses a critical gap in the ridesharing industry by focusing on the profitability of short trips and promoting ridesharing.
This model provides higher income for drivers, guarantees affordable rides for passengers, and offers sustainable, scalable returns for investors.
By investing in this venture, you are positioning yourself at the forefront of an innovative, socially conscious model that meets the changing needs of the urban transport market.
The Smart Dating Taxi model has unique potential to serve communities that are often underserved by traditional ridesharing services, such as LGBTQ+ and gender minority groups.
Many of these people are creating dedicated social media groups to organize safe, inclusive ridesharing and carpooling options due to the lack of reliable, inclusive ridesharing options.
For example, the LGBTQ+ Ride app was launched specifically in California to address the safety and inclusivity needs of LGBTQ+ drivers following reports of discrimination and ride denials.
Financial potential and business value in serving the needs of interest-based ridesharing Capturing niche demand:
This model provides higher income for drivers, guarantees affordable rides for passengers, and offers sustainable, scalable returns for investors. By investing in this venture, you are positioning yourself at the forefront of an innovative, socially conscious model that meets the changing needs of the urban transportation market. Smart Dating Taxi’s model has unique potential to serve communities often underserved by traditional ridesharing services, such as LGBTQ+ and gender minority groups. Many of these individuals are creating dedicated social media groups to organize safe, inclusive rides and carpooling options due to a lack of reliable, inclusive ridesharing options. For example, the LGBTQ+ Ride app was launched specifically in California to address the safety and inclusivity needs of LGBTQ+ riders following reports of discrimination and ride denials. Financial Potential and Business Value in Serving Interest-Based Rideshare Needs Capture a Niche Demand: By integrating Smart Dating Taxi’s model that encourages shared rides based on interests or identities (e.g. LGBTQ+ communities, women, or other gender minorities), Smart Dating Taxi can attract a dedicated user base, capturing a segment that is often overlooked by traditional services. People looking for safe, reliable, and inclusive transportation options already find shared rides through social media. Incorporating them into a structured, app-based model provides convenience and builds trust within these communities.
Revenue impact through high-frequency shared rides:
For communities that frequently travel to specific events or locations (such as pride events or cultural gatherings), ridesharing can significantly increase the volume of short trips, especially during peak hours.
For communities that frequently travel to specific events or locations (e.g. pride events or cultural gatherings), Ridesharing can significantly increase the volume of short trips, especially during peak hours. With fares adjusted for multiple passengers, a typical $5 trip with three passengers becomes a $9 fare, providing drivers with higher revenue while remaining affordable for riders.
Serving these rides, especially in urban centers where LGBTQ+ and other similar communities are concentrated, can generate additional revenue and create a loyal, consistent user base.
Increased platform appeal and brand loyalty:
As the success of apps like LGBTQ+ Ride has shown, communities often seek out brands that explicitly prioritize inclusivity and safety.
Smart Dating Taxi can further highlight its commitment to inclusivity by becoming a trusted transportation choice that supports underserved riders and drivers, particularly among marginalized groups who face greater safety challenges in traditional ride-sharing.
Potential Financial and Social Benefits By structuring Smart Dating Taxi to meet specific community needs:
With a 5% commission on high-volume, interest-based rides, Smart Dating Taxi can capture a sustainable, community-focused market segment. For example, even if 10% of rides on the platform are from niche groups, this provides both reliable revenue and brand differentiation.
For investors, backing Smart Dating Taxi means alignment with a socially conscious business. Providing inclusive services taps into a strong market trend toward ethical, inclusive business models.
This approach not only strengthens the Smart Dating Taxi brand, but also brings it into line with new standards of corporate responsibility and community engagement.
Smart Dating Taxi can leverage these ideas by prioritizing ridesharing options that are inclusive and aligned with their interests, positioning themselves as leaders in both profitability and social responsibility.
By meeting the unique needs of low-income communities, the model can establish itself as a platform of choice, increasing both brand loyalty and revenue stability.
By meeting the unique needs of underserved communities, the model can establish itself as the platform of choice, increasing both brand loyalty and revenue stability. This inclusive, data-driven approach will appeal to investors looking to back innovative, socially impactful solutions in the shared ride market, can generate additional revenue and build a loyal, ongoing user base.
Car Sharing Project Business Plan
Our mobile app provides a solution for passengers and drivers, offering up to 40% savings on rides for passengers and up to 140% increase in earnings for drivers. The app operates on a unique financial model, where we take a 5% commission on each ride. This ensures profitability for all parties - drivers, passengers and the government, which benefits from increased tax revenue from drivers.
- For passengers: save up to 40% on transportation costs compared to other services.
- For Drivers: Increase your profits up to 140% with a unique, implemented, proven formula and shareholding to crush any competition from Uber, Grab, DiDi…
- For the government: benefit from increased tax revenues from the income of legal drivers.
The global car-sharing app market is growing steadily in Europe and the US, particularly among students, environmentally conscious citizens and LGBTQ+ communities who are often looking for safe and inclusive services. Facebook alone has over 300 million active users in Europe and the US, of which 1% are expected to be potential car-sharing users.
- Students: frequently use transportation services and look for affordable options.
- LGBTQ+ community: looking for inclusive and safe services.
- Discount platform users: attracted by discounts on trips up to 40%.
Based on the behavior of users such as students and LGBTQ+ community members who regularly use taxi services (at least twice a day), we predict:
- 33,000 active users in the first year.
- Each user makes 480 trips per year.
- This amounts to a total of 15,840,000 trips per year.
Income
With an average fare of $10 per trip and a 5% commission:
- 15,840,000 trips x $10 x 5% = $7,920,000 in first year revenue.
- EBITDA: $5,920,000 (after marketing and operating expenses).
- ROI (Return on Investment): With an investment of $100,000 and revenue of $7,920,000, the projected ROI is 7820%.
- IRR (Internal Rate of Return): expected to grow significantly over the next 3-5 years.
Risks and their mitigation
- Competition: Our unique pricing model and shareholder engagement plan give us a competitive advantage.
- Marketing Addiction: We will focus on long-term partnerships and active engagement with the target demographic.
This business plan demonstrates the significant growth potential of our car sharing app and strong financial capabilities.
the turnover it offers, making it an attractive investment opportunity.
If you've read this far and want to understand how the above is possible, you're a very smart person. But you'll have to spend 15 minutes reading what's below.
Summary:
Introducing Smart Taxi Dating: A Revolutionary Approach to Ride Sharing
Empowering passengers through personal choice
Smart Dating in Taxi gives passengers the unique ability to choose their travel companions. Unlike traditional ridesharing services, there is no AI intervention – everything is based on human connections and preferences. Passengers can browse photos of potential travel companions, exchange glances, and if both parties agree, they go on a trip together. This personalized approach ensures that each ride is comfortable and enjoyable, taking into account the social preferences of each passenger.
Intelligent matching using mathematical algorithms
Once passengers have selected their travel companions, our proprietary advanced mathematical algorithm takes over. It calculates the best routes and matches the closest available drivers who can accept or decline the ride request. For drivers, every accepted ride is more than just a ride, it’s an investment in their future. The revenue from these rides contributes from +20% to +140% to their shares in the joint stock company. It is desirable for the driver community to have its own bank, increasing profitability through joint efforts. AutoBank is a global digital bank owned by the driver community. The more passengers a driver carries, the more valuable their shares become, creating a direct incentive for excellent service.
Building community through social interaction
Our platform also fosters a sense of community. Riders can connect via online rooms within the app, where they can discuss plans, view nearby locations, and even check out each other’s social media profiles. This feature allows for a deeper connection, making each ride more than just a journey, but an opportunity to meet like-minded people. The experience is further enhanced by a rating system that can influence a user’s status, encouraging positive interactions and responsible behavior.
Flexible travel options for passengers
Smart Dating in Taxi offers passengers flexibility in how they participate in rides. You can choose to be driven by someone else, or you can offer to drive others along your route. Once a month, you have the opportunity to gift someone a free ride by paying for their ride with your accumulated tokens. This unique feature adds a layer of generosity and community spirit to the travel experience, making it more than just a transaction.
Awards and incentives for active participation
Smart Dating in Taxi features a unique token system that rewards both drivers and passengers. As passengers complete more rides, they accumulate tokens that can be used for a free ride once a month. Drivers, on the other hand, earn tokens that can be exchanged for fuel, auto parts, or even a car wash. This system ensures that everyone benefits from being part of the community, building loyalty and encouraging frequent use of the service.
A New Era of Carpooling
As of 2024, there are about 15 million taxi drivers worldwide. This includes both traditional taxi drivers and those who work for ride-hailing services like Uber and Lyft. A significant portion of this number comes from Uber, which has more than 5.4 million drivers worldwide. Drivers sign up for Uber primarily to hide their income from tax authorities.
The main goal of the project is to legalize drivers by uniting them into a single joint-stock company, which will allow them to buy fuel or kilowatts in bulk at a reduced price (a very simple principle of collective purchases), as well as purchase auto parts and tires through our application. A survey of drivers showed that drivers need free money, their own shares and the ability to buy a new car in installments, which will motivate them to work. The current situation does not allow for installments or a bank loan, since many work unofficially or semi-officially, and the declared income of some drivers is clearly insufficient to obtain any loan. An additional incentive will be receiving a certain number of shares for longer periods of work. Those with a higher income will have more shares. This principle will motivate drivers more than the current principles offered by aggregators today. The value of shares will steadily grow, as drivers and passengers will invest around the clock through taxi orders and networking. The joint-stock company will purchase new cars for drivers, surpassing dealers in volume.
The practical implementation of this project requires careful planning and coordination, but with the right approach it can significantly improve the working conditions of drivers, increase their income and legalize their activities.
The marketing ploy, wrapped in a carefully crafted formula, offers passengers a 40% discount under the pretext of meeting new people in a taxi, allowing them to meet interesting people. Drivers will earn 20-140% more than usual, and their mileage will remain the same. They will be able to fill up at a lower price, pay a lower commission, and gradually buy back their car, which we will service for life at the expense of the joint-stock company.
We offer passengers passive income through passive investments in the drivers' joint-stock company.
By paying for rides, passengers accumulate tokens that they can exchange for rides for themselves or for investments in company shares. The "taxi-dating" campaign offers passengers the opportunity to buy a ride for someone they want to meet, with a 40% discount on a specific conversation, using these tokens. This service can be used by drivers with their own cars. Such drivers register with the joint-stock company, install our mobile application and meet women. They create a ride as a ridesharing, paying for the ride of women in their car. The driver in his car, placing an order as a ridesharing to give a ride and meet someone, pays only the tax and commission from this order. The commission of 5% from each order goes directly to us, the developers.
The dating industry has changed significantly in recent years, with online dating becoming the norm. However, the sustainability of online platforms does not provide the personal contact and spontaneous interactions that many people crave. Smart Taxi Dates Use this gap to give someone the opportunity to meet and connect in a fun, safe, and dynamic environment
Target audience:
Our primary target audience is young professionals, generally suburban and urban, 25-40 years old, who are discovering new things and using this method to connect with influential leaders. This demographic is tech-savvy, values convenience, and is looking for more exciting connections.
Analytical market:
The online dating industry is currently valued at over $10 billion and growing. As ride-hailing services become more modern, there is an opportunity to explore this market. Our research shows a strong interest in innovative dating solutions, with a particular focus on safety and value.
Uniting by religious beliefs, gender, skin color, political views, hobbies, common computer games, school, college, work, place of residence, personal sympathies.
Safety first. There is a system for evaluating each participant, where a participant evaluates a participant. Closed, open virtual rooms create their own circle of communication, ratings, reviews of all participants in the trip, including the driver. The developed algorithm for joining with obvious savings - 40%, provided that the distance from the pick-up and drop-off points of passengers is different or the same, regardless of the number of passengers.
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For drivers not only taxis, there is an opportunity to obtain the status of a legal entity and join a joint-stock company.
Project Description:
This project solves the problem of unprofitability and the possibility of providing taxis for drivers, as well as the problem of high travel costs for passengers. The principle promotes an innovative program that allows taxi drivers to register in a taxi joint-stock company. Drivers get the opportunity to earn from +20% to +140% more, passengers can save on travel costs -40%. Drivers unite in one joint-stock company to save on fuel, auto parts and buy new cars.
To understand the current situation, we strongly recommend watching a 7-minute video about the current situation in the taxi industry using Uber as an example from the driver and passenger's point of view:
https://youtu.be/W860bfBQBPc?si=Dzvdq3htDT9xaqaj
This link will be of interest to those who live in Norway.
Project goals:
I have developed an innovative, highly effective program that is in great demand when performing passenger transportation - taxis.
In the mobile application, we enter the address where we need to go. Then on the screen we see men and women who need to go in the same direction as us. We see the appearance of our reliable fellow traveler. We see the fellow traveler's rating. We look at his profession and interests. Then the principle works that each passenger travels cheaper by -40%. But for drivers, the profitability of orders always increases from +20% to 140%. And tax revenues always change from +20% to 140%. The goal of the application is to reduce the cost of each order for a fellow traveler by -40%, and the driver will always earn +20% on top of the standard order.
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Companies like BlaBlaCar, Lyft, Uber, Bolt, Yandex, Yango have offered their alternatives, but they do not work because: passengers are ready to save, and drivers do not take unprofitable orders, drivers want to earn more. In our case, each passenger pays 60% for any joint side. An official driver who carries insured passengers carries two people for +20% of the standard rate, carries three for +80%, four passengers for +140% of the rate, for the same distance as for transporting one passenger! This is a very important component that all taxi drivers rely on, which will again stimulate drivers to come with passengers!
Reasons Why Drivers May Not Ride for BlaBlaCar 1. Mismatched Expectations: BlaBlaCar drivers often cite mismatched expectations regarding trip details, such as time, route, or passenger behavior, as reasons for not offering rides. 2. Passenger Reliability: Fears of passengers not showing up or canceling at the last minute can discourage drivers from offering rides. 3. Comfort and Privacy: Drivers sometimes prefer to ride alone or with people they know to maintain their privacy and comfort during long trips.
UberPOOL and Lyft Line 1. Reduced Revenue: Uber and Lyft drivers report that ridesharing services like UberPOOL and Lyft Line often result in lower per-trip revenue compared to solo trips due to lower fares and longer routes with multiple stops. 2. Increased Complexity: Handling multiple pickups and drop-offs can complicate routes, increase trip length, and lead to higher stress levels for drivers. 3. Passenger Behavior: Some drivers avoid ridesharing due to concerns about passenger behavior, such as rudeness, conflicts between passengers, or increased wear and tear on vehicles due to increased use.
GrabShare 1. Time Management: In Southeast Asia, where Grab operates, drivers often decline ride-sharing requests due to tight schedules and the need to maximize their income through faster solo rides. 2. Navigation Issues: Drivers can find it difficult to navigate congested urban areas where multiple passengers need to be dropped off at different points, resulting in longer journey times and reduced efficiency.
Didi Chuxing 1. Fare differences: Similar to Uber and Lyft, Didi Chuxing drivers reported that the fare structure for shared rides often does not compensate for the extra time and effort. 2. Rider dynamics: Drivers sometimes encounter issues related to rider dynamics, such as conflicts or discomfort when sharing a ride with strangers, which can be off-putting.
Waze Carpool Social Media and Platforms 1. Lack of Trust: Waze Carpool relies heavily on trust between users. Drivers may be hesitant to pick up strangers due to safety concerns or previous negative experiences.
Facebook Groups and Corporate Intranets 1. Coordination Issues: Organizing rides through social media or corporate platforms can be cumbersome, requiring numerous messages to coordinate schedules and routes. 2. Informal Agreements: These platforms often lack the formal structure and support systems of dedicated ridesharing apps, which can deter drivers from participating due to perceived risks and inconvenience.
Key Challenges and Issues - Financial Issues: Declining fares and revenues are major deterrents for drivers across all platforms. - Safety and Trust : Trust and safety issues are important, especially when interacting with strangers. - Logistical Complexity : Managing multiple passengers with different destinations adds complexity and stress. - Passenger Behavior : Negative passenger experiences can discourage drivers from accepting rideshare requests. Addressing these issues often requires better fare structures, improved safety protocols, and more streamlined coordination tools to make ridesharing a more attractive option for drivers.
Solving key problems in the taxi industry:
Taxi drivers around the world are demonstrating and protesting to be recognized as employees of the company. To solve this problem, I have developed a formula and principle that will involve both drivers and passengers. All that is required is to develop a standard driver page and admin panel in the mobile application. The passenger page is already ready, as well as virtual rooms where passengers can team up for rides and travel with a nice fellow traveler at any time. Project organization: Here is a comparison with the Uber service: UberX Share ( https://www.uber.com/us/en/ride/uberx-share/ ). The problem with investors is their lack of understanding of the passenger transportation industry. They often claim that such services exist, but cannot provide examples or evidence. They ignore the driver's point of view on the service, relying instead on assumptions. Investors usually believe that large companies like Uber have already implemented such basic ideas. However, mistakes have been made, such as Morgan Stanley’s blunder 10 years ago when they gave Uber a loan without understanding the taxi industry from a driver’s perspective. This misunderstanding is a significant barrier for investors. The problems with current models: Uber’s service does not provide riders with information about who they will be traveling with or whether anyone will join them, offering only 20% savings. Drivers, on the other hand, face uncertainty and potential losses due to communication issues with riders and high commission fees of 25%-35%. This leads to drivers not offering the service because it is not profitable for them. Consequently, such services are virtually non-existent. Current situation in Norway: This situation is evident in Norway, where the transport sector faces significant challenges: [Record number of young people using taxis due to mental health problems]( https://www.nrk.no/innlandet/rekordmange-unge-tar-taxi-pga-mentaleutfordringer-1.16889277). Critics may say that this is not innovative, but the situation is getting worse every day around the world and in Norway. Driver protests, mass lawsuits against Uber and chaos in the transport and tax sectors highlight the need for a solution. Over the past eight years, I have developed a method for solving these problems. Our solution: drivers join a company that honestly and officially offers higher income without increasing depreciation. No other booking aggregator or app offers drivers 20-140% more income and passengers 40% savings. Our mobile app, 70% ready, requires investment and can be launched in 4 months. Legalized drivers become shareholders, gaining access to wholesale purchases of fuel, spare parts and tires. The company has connections with electric car manufacturers, its own bank, insurance company and shares. Every passenger will prefer our service, and trips will always be 40% cheaper. Invest in our solution to create a sustainable, profitable and attractive transport network that benefits drivers, passengers and the economy.
Brief information on profitability:
Based on 1,100 existing potential travel companions. Based on a trip cost of 10 euros per person for a distance of 10 km. In the case of a trip with 2 travel companions, the driver will receive 20% more for the same distance = 12 euros, and 2 passengers will spend 40% less = 6 + 6 euros. This allows travel companions to save 8 euros per day. 1,100 travel companions are 550 trips in the morning to work and 550 in the evening from work, which in monetary terms means: 12 euros x 1,100 people = 13,200 euros per day. For 22 working days 290,400 euros. Net profit 5% = 14,520 euros. The probability of finding travel companions taking into account the personal interests of each passenger is very high, it is enough to take into account the congestion of public transport, the metro and many groups on social networks to find a travel companion in the city and outside the city.
Examples of similar solutions (projects)
BlaBlaCar, UberPool, Dublway, Uklon Share, DiDi, Yandex The solutions offered by these companies are either ineffective, unprofitable, or operating at a loss. Our project is a multi-level social initiative aimed at solving high-level political issues. The problem of voluntary registration of drivers to pay tax on each order is solved by increasing the driver's profit from an order from 20% to 140%. It is important that the time and distance of the trip remain unchanged. Passengers are encouraged to form their own networks based on common interests through secure online zones, ensuring safety.
I would like to draw attention to the prospect of autonomous transport without a driver.
These projects are already being tested in some cities around the world. There is a tendency that people are ready to have sex in such machines: https://sfstandard.com/2023/08/11/san-francisco-robotaxi-cruise-debauchery/
So here's the takeaway: When the future with driverless cars arrives. Car sharing services will remain, and the choice of a travel companion will become even more important. Now I propose to monopolize this market segment by attracting passengers and drivers through innovation.
According to various sources, approximately 8% of the world’s population identifies as LGBTQ+. This includes individuals who identify as homosexual, bisexual, or pansexual. This demographic represents a significant portion of the population, meaning there are millions of people around the world who could benefit from inclusive and personalized services. Integrating a ridesharing service like Smart Dating in a Taxi that also includes aspects of social media may particularly resonate with the LGBTQ+ community. Many in this community are looking for safe, inclusive spaces where they can connect with others who share similar interests and identities. Given that traditional taxi and ridesharing services often lack certain features that cater to these needs, Smart Dating in a Taxi offers a unique and appealing alternative. Potential Benefits for the LGBTQ+ Community 1. Safety and Inclusion: By allowing users to view profiles, including interests and ratings, before traveling together, the app can create a safer environment, which is critical for many in the LGBTQ+ community who face higher risks of discrimination and violence. 2. Community Building: The app’s feature that allows riders to form travel groups based on shared interests can help LGBTQ+ people find and connect with like-minded people, building a stronger sense of community. 3. Cost-Efficiency: By reducing fares by 40% for riders and increasing driver earnings by 20–140%, the app offers economic benefits that can appeal to both LGBTQ+ riders and drivers. 4. Legal and economic empowerment: Drivers become legal entities and shareholders of the company, providing a formal structure that guarantees fair income and opportunities for bulk purchasing, which can significantly reduce operating costs. Conclusion Smart taxi dating not only solves practical transportation needs, but also provides a socially inclusive platform that can greatly benefit the LGBTQ+ community. This innovative approach can improve safety, strengthen community ties, and provide economic benefits, making it an attractive solution for both riders and drivers worldwide.
The implementation of our application will revolutionize the taxi industry by solving current problems and providing a sustainable, profitable solution for all parties involved. This project is not only innovative, but also socially significant, promoting better interaction in the community and economic benefits.
First of all, passengers determine the gender of the person who will be their travel companion by going to the profile and reading the worldview and reviews of previous passengers. We rely on the rating of each participant, passenger-driver-passenger. By going to the social network in the profile of each participant, the passenger can decide with whom he would like to share the trip. This significantly increases the level of safety and comfort for passengers.
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Our app allows the passenger to select a driver and other passengers, if any, based on common interests, professional connections or simply preferred characteristics. This unique approach not only improves the ride experience, but also helps reduce travel costs by up to 40%, while drivers can earn 20-140% more than they currently do. The project ensures that each participant, be it a passenger or a driver, benefits economically from this shared travel model.
The platform also addresses the environmental aspect by optimizing trips, thereby reducing the overall number of vehicles on the road and reducing emissions. In addition, we are working to form partnerships with electric vehicle manufacturers to further improve our sustainability goals.
The long-term vision includes the establishment of our own insurance company and bank to support the financial needs of our drivers and passengers. By becoming shareholders of the company, drivers will benefit from bulk purchases of fuel, spare parts and other necessary goods, which will further reduce their operating costs.
To sum it up, the financial viability of this project is evident from the potential savings and profits illustrated. For example, if we consider a 10 EUR ride for one passenger over a distance of 10 km with two additional passengers, the driver can earn 20% more, for a total of 12 EUR. This innovative approach provides a win-win situation for both passengers and drivers.
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No alternative compares to our offer. Drivers will sign up and join a company that honestly and officially offers higher earnings without increasing depreciation. No order aggregator or mobile application has ever offered drivers 20-140% more earnings, and passengers save 40%. We need investment in a mobile application that is 70% ready, with a 4-month implementation period. Imagine that legalized drivers become shareholders of their own company, gaining access to wholesale fuel, spare parts and tires. The company has connections with electric vehicle manufacturers, its own bank, insurance company and stocks. Every passenger will prefer the services of this company, while trips will always be 40% cheaper. For the first time in history, drivers of all countries will voluntarily and en masse become taxpayers, because only under this condition will they consistently receive 20-140% more personal profit, taking into account taxes, fuel costs and vehicle depreciation.
Competitiveness: BlaBlaCar: - Over 50 million downloads, focused on intercity travel. - Principle: Passengers cover only fuel costs. - Disadvantages: Drivers do not earn money, no guaranteed arrival or order fulfillment, informal activity. Uber: - Over 500 million downloads. - Principle: Open the app, choose a destination, nearby drivers will accept the order. - Disadvantages: Initial price often differs from the final cost, high fees for drivers, large fines and legal problems. InDriver: - Over 100 million downloads, urban taxi services. - Principle: Passengers and drivers negotiate higher rates than initially offered, attracting drivers to accept orders. - Disadvantages: Passengers end up paying more, informal activity. Smart Dating in Taxi Offer: - Principle: Reduce fares for each passenger by 40% and increase each driver’s income by 20-140%. - Conditions: Drivers must voluntarily register as taxpayers to benefit. Unique benefits for registered drivers: - Earn 20-140% more per order without increasing mileage or fuel consumption. - Serve up to 4 passengers at a time, which significantly increases income. - Access to bus lanes for faster service. - Reduced commission from 16-37% to 5% in favor of the Smart Travel Companion app. - Legal entity status and opportunities for shareholders. - Non-taxi drivers can also join and provide car rental services with a driver legally. This approach ensures profitability for drivers, savings for passengers and a formalized, legal activity.
1) By uniting drivers, we can: jointly purchase fuel directly from manufacturers at wholesale prices through the Smart Fellow Traveler app. The company has the right to purchase the required amount of fuel at manufacturer prices. Drivers indicate the quantity, day, month and delivery location by prepayment through the app.
2) Drivers can: jointly pay for and order auto parts directly from manufacturers.
3) Drivers can: jointly pay for and order tires at wholesale prices from the manufacturer.
The company establishes relationships with electric vehicle manufacturers for bulk purchases (providing drivers with new, personal vehicles rather than leased ones in exchange for the company's commitments, providing guaranteed income growth from 20% to 140%, guaranteeing lifetime earnings on the wear and tear and service life of the vehicle)
4) Maintenance at legal certified service stations .
5) Unprecedented voluntary legalization of taxi drivers and those who work part-time in their own cars.
6) Drivers can buy personal cars without overpaying for leasing (for the first time in history).
7) The state treasury is replenished proportionally to the driver’s earnings from +20% to 140%.
The company independently registers its own department for insuring cars, drivers and passengers.
The company is involved in local issues such as secure parking, taxi ranks, bus lanes and road construction tenders.
8) Issue of shares in the passenger transportation sector, the shareholders of which are taxi drivers and cabbies. Each driver has a share in the company. Working as a taxi driver as a co-owner ensures the profitability of the company's shares with the support and participation of taxi customers and fellow travelers.
The continuous operation of taxis provides a resource comparable to and superior to Bitcoin, allowing the creation of a cryptocurrency backed by the continuous work of many taxi drivers as legal entities around the world. In accordance with the direct interest of each driver and passenger.
9) The company opens its own bank and branches.
10) Drivers take online alcohol and drug tests themselves. Tests are purchased at a pharmacy. The driver pays the narcologist, but together with other drivers.
Funds from replenishment of the driver program are transferred to the account of the SmartDatingTaxi company. The driver's commission for the order in favor of the software owner is 5%. The company automatically transfers 4%-6% of each driver order to the tax authority account.
All subsequent license fees, monthly, quarterly or annually, are regulated in accordance with the driver's legal status. But the driver, when paying any taxes and fees, always earns 20% - 140% more personal profit. This is the most important incentive to achieve all of the above.
Application functionality:
1. Registration:
- For passengers and drivers, with full verification.
2. Profile creation:
- Profiles include information such as photos, interests and professional details.
3. Order placement:
- Passengers specify a destination and check the profiles of potential travel companions.
4. Ride confirmation:
- The system automatically confirms rides based on mutual interests and ratings.
5. Payment:
- Payments are calculated based on the number of passengers and the distance of the trip, resulting in savings for passengers and increased earnings for drivers.
6. Review system:
- Passengers and drivers leave reviews after each ride to maintain high service quality.
Precautions:
Background Check: Complete background check of all users to ensure security.
Security features in the application: passenger and driver rating system, reviews: passenger - passenger. passenger - driver, driver - passenger. "Alarm" button in the application for passengers. In-car security system: Instructions for each driver on the rules of conduct when transporting passengers of traditional, non-traditional orientation, when transporting passengers with drug addiction. "Alarm" button in the application for drivers. After pressing the button, a general alarm is triggered for all drivers within a radius of 5 km. An additional offer with a button to call the police appears on the screen.
24/7 Support: Provide 24/7 customer support to resolve any issues.
Driver training: specialized training for drivers to manage dating scenarios and ensure a comfortable environment.
In conclusion, our project aims to transform the taxi industry by introducing an innovative, socially beneficial and economically viable solution. By addressing current issues and using modern technologies, we will create a safer, more efficient and more enjoyable travel experience for both drivers and passengers.
The following questions may arise:
There are some key factors missing from the description of this investment opportunity. If the person is intentionally hiding these key factors, which I hope is not the case, I would advise asking them for more details. If they are not disclosing the key factors, then I would advise against investing in this opportunity.
_Very accurately noted. Naturally, I am hiding the mathematical formula. And I will disclose it only if a non-disclosure agreement is signed with my company. But I can assure you that the formula has been tested and works. There is even a video confirming this. The video was filmed at the earliest stages of development.
The second paragraph mentions "without increasing depreciation." I would ask them how they manage not to increase depreciation and what exactly is being depreciated.
_In order for the driver to earn more, they agree to transport several passengers who agree among themselves on a joint trip. Passengers get on the car at different places and get off at different ones. The formula embedded in the program code builds a route and offers the driver to pick up the passenger closest to the driver and go to the address of the second passenger. In simple terms, we received an order in an order. Someone goes further, someone gets off earlier. In fact, the driver can transport one passenger 10 km for $ 100 and spend time, fuel and car resources. Or they can transport 2, 3, 4 different passengers by their mutual consent obtained through a taxi dating app. But the fare for 2 passengers is $ 120, for 3 passengers $ 180, for 4 passengers $ 240 for the same 10 km, which are intended for one passenger. Therefore, the "depreciation" of the car does not increase.
The next question is: whose vehicles are we talking about? Are the drivers’ own vehicles or does the company rent out cars to drivers? The first model is similar to Uber, while the second resembles traditional taxi companies. These two models are completely different, so it is extremely important to understand this key factor.
_I suggest that drivers register as co-founders of a joint-stock company. Naturally, we occupy key positions. A driver can own 49% of the value of each share. If the company does not transfer employees, the tax will only be on profit. The cars will belong to this company. The company can purchase electric cars for its drivers on a paid basis (not on lease). All current costs for servicing each car, including refueling, are non-taxable expenses. In other cases, the driver registers with his car. Naturally, such a driver will benefit from cheap car maintenance and cheap refueling. We do not buy cars with our own funds. At the moment, drivers have cars, and this is enough to start transporting our passengers and earning money. Cheap refueling, because wholesale fuel purchase is carried out on behalf of the company. Drivers create a preliminary order for the quantity, month, year and the required liters or kilowatts through a mobile application on a pre-paid basis. The more drivers buy at one time, the lower the price due to wholesale purchase. Subsequently, the company will receive agreed terms from suppliers or will be able to dictate its own terms. The same awaits manufacturers of cars, auto parts and tires. Naturally, its own insurance company and its own bank are a consequence of scalability.
The third paragraph states that “IT solution increases tax collection profitability by 140%.” I would also ask how? If you consider someone using a vehicle to deliver groceries or transport a person, revenue is what the customer pays, and expenses include depreciation of the vehicle, gas, and insurance. Profit is revenue minus these expenses. To increase profit by 140%, either the customer is charged more or expenses are significantly reduced. However, we need to check whether this statement is an exaggeration, so it is important to ask how they achieve these numbers.
_With the tax, everything is simple. The driver transported 1 passenger for $100 and paid a tax of 4% (although the driver pays for the license once a quarter or a year, and this payment brings the state much less income than if the driver paid 4% from each order). In our case, the driver transported 2 passengers for $120, 3 passengers for $180, 4 passengers for $240. We calculate: $100 - 4% = $96;
$120 – 4% = $115.2 – $96 = $19.2;
$180 – 4% = $172.8 – $96 = $76.8;
$240 – 4% = $230.4 – $96 = $134.4.
I always start with the worst possible scenario to assess the likelihood of any project surviving.
For $100, the driver pays $4 in tax. For $240, the driver pays $9.60 in tax.
We expect:
$4 + 20% = $4.8 + 115.2 = $120.
$4 + 80% = $7.2 + $172.8 = $180.
$4 USD + 140% = $9.6 USD + 230.4 = $240 USD.
Even if their proposal is practical, the next question is: why haven’t traditional taxi companies or Uber implemented it yet? As stated in the second paragraph, the implementation period for this proposal is only four months, which is not very long. So why haven’t existing players in the market done so yet?
_Uber has two founders with experience in the taxi industry. They are taxi drivers. For example, when Uber entered the Ukrainian market, there were already mobile apps for ordering a taxi. Uber approached a bank for funding, and the bank, impressed by innovation during the rise of touchscreen mobile phones, gave them a loan. But over time, many similar taxi apps appeared. What we see now is a big speculative bubble attracting naive investors who, like bankers, do not understand that the main player in the taxi industry is the driver. If the driver does not show up, the ride cannot take place. For this and other reasons, Uber switched to food delivery from restaurants, since they do not have a reliable solution for drivers. As a result, they forced drivers to cover rising interest rates on loans, which makes Uber an initially unprofitable company.
[Video 1]
There is a video that also explains the project: https://youtu.be/uav7KYkK92Q?si=85f_O0hpu_LKS2QL
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