How to start a company like uber

Today’s Uber-like apps don’t always have something to do with taxi services. They’re everywhere. Food, education, lifestyle, home chores, babysitting – on-demand platforms are taking over our everyday life. And each service somehow has it's own base of loyal and engaged users.

Uber for X business model is a so-called two-sided marketplace. Riders generate the demand, drivers supply it, and Uber acts as the facilitator providing a convenient and easy to use platform.

A short list of the main steps for Uber startuppers:

-Start with market research.
-Choose the niche.
-Select the business&revenue model.
-Take care of legal matters.
-Add MVP features.
-Create a promotional plan.

As there’s no third party that prevents these two sides from working with each other, the platform collects a fee from both customers and service providers. (We’re going to take a closer view on their revenue sources later on.)

What's remarkable is that Uber doesn’t hire drivers. It partners with them. Drivers choose their own schedule and number of hours they're ready to work for, and they remain under nominal control. Drivers have all the right to accept or decline the terms of the contract, and they can choose what period to collaborate with Uber for.

As for now, more and more people turn to on-demand platforms like Uber instead of good old city services. Why is that? Uber offers a unique value proposition to both parties which makes the service affordable to use and profitable enough to work for.rnUber for X models work for various business categories, showing the best result when:

People need quick help with tasks they don't have time for (walking a dog, house-cleaning, make-up or hairdressing);rnExisting services work too slow, so there's a need for an alternative (food delivery, trip accommodation, booking a massage therapist).

Original article here: https://www.cleveroad.com/blog/how-to-develop-your-own-uber-like-business