Access is better than Ownership
What do you think about the above statements?
Is it against starting or owning a business?
if you think so, it isn’t actually the case
Here, let’s see about access/service-based business in the ecosystem. Years ago, we had a business based on ownership like lodging business, taxi mobility or fleet maintenance, restaurant, and much more. Here the property is owned by them, the people who step down and ask for the service are offered the service.
In traditional methods, common people lack connectivity that is linked with technology and new mobile apps are launched. In this new age smartphone era, apart from ownership, entrepreneurs focus on useability and access to the service rather than ownership.
I would like to shout out some of the examples
- Uber: Ride-Hailing firm that doesn’t own a single car
- Airbnb: Lodging firm that doesn’t own property
- Zomato: food delivery firm that doesn’t own any catering or restaurant.
- TaskRabbit – Same day service platform, brought Uber for all services on road.
The list goes on. Their success formula is to access and afford the user intent. Such access is offered along with technology that is easy to access, affordable, convenient to use.
Uber
Uber, the prominent ride-hailing business, spreads its wings in every mode of transportation and acts as a pioneer in this business.
Reason to Start Uber
In earlier decades traveling from one place to another was tedious, at times it has turned into a terrible occurrence for some people. The same scenario happens with Travis Kalanick, founder of Uber, and Garrett Camp co-founder of Uber. Once in Paris, they couldn’t find a taxi to attend the conference and even Travis had disputes with the cab driver. So in that circumference both understood the prominence of the adequate ride-sharing and had a spark to commence the business on this platform. Besides, they are tech freaks so they planned to get a cab in doorsteps with a few taps in the handy devices.
Success Of Uber
On-demand business like cab service is simple as anything, but the Uber team had a different vision and made transportation from a different perspective. They didn’t end with the cab service, they utilized every sort of vehicles like Boat as UberBOAT, Flight as Uber Elevate, Motorcycle as UberMOTO, electric bikes as Uber bike, trucks as Uber Freight auto as Uber Auto, food ordering service as UberEats.
Their next vision is to make people use electric cars instead of fuel. So investing money and time to make this electric vehicle usage large in numbers. Their type of service is UberBLACK, UberKIDS, UberPETS, UberPOOL, UberPOP, UberSELECT, UberSUV, UberX, UberXL, UberWAV.
Airbnb
Lodging, renting and tourism are common in the business platform. But the defect of this business stream is identified by Airbnb. They bridge the connectivity and enhanced the localization. That made Airbnb a pioneer in the online property rental community.
Reason To Start Airbnb
Just to earn a few bucks, the idea of renting had been ignited. Approximately 10 years back. Two youngsters, Brian Chesky and Joe Gebbia have taken space for rent in San Francisco. Due to the scarcity of money, they have converted the living room to a bed and breakfast.
Observing the crowded market of the hotel booking, these boys grabbed the opportunity by encapsulating flexibility, easiness, openness, uniqueness of booking space to stay, with a digital tool “Airbedandbreakfast.com”. The reach was minimal at first, with eye-catching images, and with intellectual marketing strategies, they grabbed users’ attention and responded to the dinner.
The Success of Airbnb
Airbnb has changed the short-term rental property rental market and paved the way for earning to the host who lists their own unused space. The guest feels content with the rented space and localization. Airbnb offers a number of ways for homeowners or renters to benefit from its extensive platform. They have introduced short and long term rentals, experience, and online experience for hosts to share their skills and earn a few bucks.
You can also be like them by connecting people and by breaking trends in online rental platforms with property rental solutions.
Zomato
Zomato is a colossal food industry, they simplified the common human problem with the network and turned out to be a huge startup.
Reasons To Start Zomato
Zomato, which started as Foodiebay, was established in July 2008 by two IIT Delhi alumnus, Deepinder Goyal, and Pankaj Chaddah. The idea struck Deepinder when his colleagues consistently had a demand for paper menu leaflets of different restaurants, to order food. That’s when he thought of converting these restaurant paper menus into a digital app, that is far more accessible and easier to use.
Success Of Zomato
They are not only a restaurant directory, but they also tuned and turned themselves to the food delivery community. Zomato enriches itself with an accessible connective network. They ease the process of ordering with Zomato collections, piggybank system. They afford concession for user with subscription models. Connected restaurants and drivers earn more bucks with the high-teched online food delivery system.
TaskRabbit
A radical change of the on-demand marketplace! Taskrabbit, the industrial revolutionary for common people and daily working laborers.
Reason To Start TaskRabbit
The original idea for TaskRabbit came to Busque in 2008, when she realized she needed dog food but didn’t have time to buy it herself. She built an auction-based marketplace in large part because the model was well tested and familiar. It also fits well with Busque’s original vision, which was for neighbors helping neighbors with one-off tasks like dog food delivery.
But as the company grew, the original model came to feel less and less efficient. Meanwhile, TaskRabbit attracted house cleaners, handymen, and other blue-collar professionals used to work at hourly rates. For those workers, the auction model could leave them feeling underpaid. The concept of the peer-peer marketplace and home services reached people of all ranges.
Success of TaskRabbit
An innovative gateway opened to witness common labors with technology on the right platform. That is a task rabbit. They made it simpler and reliable to access grocery delivery, daily home services, and much more. Their extension of the empire shows their success in each area.
Inspired by their work and technical skills, rely on clone script so it’s pretty easy to commence business like on-demand business giants.