Main | Don't blame the politicians »
Wednesday
Sep242014

Not even Monopolies are immune

You're not immune!

What's safer than the Taxi business right?

Well in San Fransisco, Taxi business has dropped 65% as their customers move to Uber, Lyft and Sidecar,

Why? Because the Taxi service was renowned as being shit, and the newcomers used technology & service to scoop up the business.

You still need to serve people well, even in a licensed monopoly. You're even more exposed if your in a small business.

65% revenue drop. Ouch.

That's why I do what I do. It can be fixed.

http://www.govtech.com/local/San-Francisco-Taxi-Owners-Cabbies-Join-Forces-Against-Uber-Lyft-others.html

Picture credit

PrintView Printer Friendly Version

EmailEmail Article to Friend

References (6)

References allow you to track sources for this article, as well as articles that were written in response to this article.

Reader Comments

There are no comments for this journal entry. To create a new comment, use the form below.

PostPost a New Comment

Enter your information below to add a new comment.

My response is on my own website »
Author Email (optional):
Author URL (optional):
Post:
 
Some HTML allowed: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <code> <em> <i> <strike> <strong>