Entries in taxi (1)

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