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Are You an Entrepreneur Trying to Figure Out the Business Model Of Uber?
Posted by glainmax55 on July 7th Nike Air Max 90 Essential Por Mayor , 2016


Are you an entrepreneur trying to make extra income? Are you trying to figure out what Uber is and trying to deduce the uber business model? If you are, please continue to read. If you are not, I suggest you move on to the next article.
Uber is a company that developed a similarly named smart phone app which provides on-demand transportation (private car) services to its users. It connects willing passengers to private drivers and taxi cab drivers (we shall call them Uber drivers). Uber drivers use their cars to provide transportation service to riders (passengers) and Uber typically gets between 20 to 30 percent of the fare.

The overall process is very simple, registered Uber users ask for a car pickup using the Uber app, an Uber driver then dispatches to the passenger’s site and takes the passengers to hisher destination. For payment, Uber directly bills the passenger for the total miles driven (as measuredmonitored) by the drivers’ GPS on his phone. No cash is exchanged between the driver and passenger!

The Uber Business Model in a Nutshell: uber business model


The Uber Driver - anybody with a driver’s license and a car can apply to be an Uber driver and become an uber driver in any city where Uber has a presence. Once approved by Uber, the driver is listed in the Uber system and provide a phone (if heshe doesn’t have one). Essentially, anyone with an uber approved car or an uber black car can be an Uber Driver. (Click here to Apply to be an Uber Driver)
The Passenger - Registered Uber users download the Uber app to their phone and if they need a ride, they call for one through the Uber app. They can also track the car on their phone as it approaches. This service is suitable for the passengers: It provides a reliable, safe and cheaper way of transport than the traditional taxi cab.
Ride Fare and Payment - Uber sets the fare for the Uber service you use (depending on the city you are in). There is a premium fare at peak hours and a flat rate for off peak hours (Uber calls this surge pricing). Passengers pay their fares through their credit cards automatically (via the Uber app) and don’t have to exchange any cash with drivers. Also, the fare is base on car type, distance and peak hour.
Dividing the Profits between uber partners and drivers - Uber divides the fare, typically 80% to the driver and 20% to Uber (for the UberX service). Even after a 20% commission, the taxi drivers earn more than the customary taxi services.
Future Growth for the uber partner – At present, Uber does not own any taxi companies or cars and is essentially a technology company. Uber is growing fast and is likely to displace taxi companies in most cities across the globe baring regulation or law suits that prevent this growth.


Download In Time Movie

In Time team 鈥?Justin Timberlake and Amanda Seyfried in forthcoming sci-fi thriller. Photograph: 20th Century Fox

The Hugo-award winning novelist Harlan Ellison is suing the makers of a new science fiction film starring Justin Timberlake and Amanda Seyfried, claiming it steals from a prize-winning short story he published in 1965.

In a copyright suit filed on Wednesday, Ellison argued that Download In Time, which is written and directed by Andrew Niccol, the Oscar-nominated screenwriter of The Truman Show and director of Gattaca, borrows substantially from his own work Repent, Harlequin! Said the Ticktockman. He is seeking an injunction to prevent the film’s release on 28 October in the US (1 November in the UK).

According to Ellison’s suit, both works are based on the premise of a “dystopian corporate future in which everyone is allotted a specific amount of time to live”. The writer also says In Time Download lifts other concepts from his story, including the presence of authority figures known as “Timekeepers” who track the precise amount of time each citizen has left, and similarities in the way those whose time runs out meet their end.

Ellison says the issue is particularly galling because he has been trying to set up a deal to shoot a film based on Repent, Harlequin! Said the Ticktockman, which the suit claims is one of the most famous and widely published science fiction short stories of all time. He believes the release of Download In Time could jeopardise his efforts to bring his story to the big screen.

In Time is New Zealand director Niccol’s first film in six years, and his first science fiction effort since the Al Pacino-starring S1m0ne in 2002. His biopunk-themed 1997 film Gattaca is considered one of the best sci-fi movies of the 90s and helped fuel public debate over issues surrounding h