23.10.2024

$20000

Smart dating in taxi

232

Norway

Terråk

У реалізації

до 1 року

Economy for passengers, profit for drivers, benefit for the state.

Галузі

Транспорт,/логістика

Цілі

Інвестування

Партнерство

Ролі

Фінанси

Повний опис проекту

Business Plan: Innovative Carpooling Service

 

"Hello! I'm excited to introduce our project – an innovative carpooling service that unites the interests of passengers, drivers, businesses, and the state. Our service not only makes rides more affordable but also creates new opportunities for drivers, increases tax revenue, reduces transportation costs for companies, and provides sustainable benefits for cities."

 

Problem

 

"Modern transportation systems face several challenges:

 

1. High fares for passengers – taxi rides remain expensive for many users, making daily use impractical.

2. Low income for drivers – drivers often experience low earnings and instability.

3. Lack of tax legalization – many drivers work unofficially, leading to losses for the state budget.

4. Environmental strain and road congestion – inefficient vehicle use increases traffic jams and harmful emissions."

 

Our Solution

 

"Our team has developed a carpooling service that addresses these issues by offering:

 

1. Savings for passengers – reducing travel costs by up to 40%.

2. Increased driver income – boosting earnings by 140% through our unique formula and a joint-stock model.

3. Legalization and tax revenue – establishing a joint-stock company for drivers to legalize their income.

4. Sustainable development and tokenization – users accumulate tokens that can be exchanged for shares, creating passive income."

 

Market Analysis

 

1. Target Audience – private clients and companies looking to reduce transportation costs by up to 40%.

2. Market Size – the taxi market and demand for carpooling are steadily growing in highly urbanized countries but remain underutilized. For example, Uber's group rides disclaimer states: "Savings are not guaranteed." (https://www.uber.com/us/en/ride/group-rides/)

3. Trends – ecological and accessibility trends are driving carpooling. Our project leverages shared mobility and tokenization, enhancing user loyalty.

 

Business Model

 

"We offer a flexible revenue model focused on consolidating passengers into a single vehicle:

 

1. Fare Structure:

   - Base fare for a single passenger – $10.

   - Earnings increase through carpooling:

     - $12 for two passengers (20% increase),

     - $18 for three passengers (80% increase),

     - $24 for four passengers (140% increase).

 

2. Driver Income – drivers become shareholders and receive a revenue share, increasing their earnings.

3. B2B Opportunities – companies can reduce transportation costs by up to 40% and benefit from cashless payments."

 

Benefits for Stakeholders

 

1. Passengers – savings on rides and token accumulation that can be exchanged for shares.

2. Drivers – increased earnings, access to discounts on fuel and parts.

3. Government – increased tax revenue and reduced transportation strain.

4. Business Clients – savings on transport costs up to 40% and token accumulation for rewards or assets.

 

Competitive Advantage

 

1. User Savings – discounts up to 40% make the service accessible.

2. Blockchain and Tokenization – allows users to accumulate funds and receive dividends.

3. Legalization and Stable Taxes – a joint-stock company for drivers ensures a steady tax flow.

 

Financial Plan

 

1. Launch Costs – investments in development, marketing, and driver acquisition.

2. Expected Profit – break-even point by the fourth month.

3. Revenue Growth Forecast – steady profit growth through an increasing number of trips and corporate client acquisition.

 

Investment Request and Use of Funds

 

"We are seeking $200,000 in investments. Funds will be allocated as follows:

 

1. Platform Development and IT Support – 40% ($80,000).

2. Marketing and User Acquisition – 30% ($60,000).

3. Driver Support – 15% ($30,000).

4. Operational and Legal Expenses – 15% ($30,000)."

 

Exit Strategy

 

"We offer investors the following exit strategies:

 

1. Sale to a strategic investor – as the project scales.

2. IPO – entering the stock market upon reaching significant metrics.

3. Sale of shares to employees and users – token accumulation supports demand for shares."

 

Examples in Numbers

 

1. Passengers:

   - Reduces ride cost from $10 to $6.

   - Saves up to $960 annually.

   - Accumulated tokens may become shares worth $50 annually.

 

2. Drivers:

   - Average income up to $2,100 per month (compared to typical income of $1,500).

   - Operational cost reduction of 20-30%, lowering car expenses from $600 to $420-480.

   - Passive income from shareholding.

 

3. Government:

   - Tax revenue of $200,000 monthly with 1,000 drivers.

   - Road maintenance savings due to reduced traffic strain.

 

Taxes for Self-Employed and Joint-Stock Company

 

1. Self-Employed – 15.3% income tax. Example: for income of $1,500, the tax is $229.5 per month or $2,754 annually per driver.

2. Joint-Stock Company – 20% corporate tax, 10% on dividends.

   - With an income of $1,500,000, the government receives $3.6 million in annual taxes.

 

Conclusion: A joint-stock company benefits the state by increasing tax revenue and simplifying oversight.

 

Token Accumulation Benefits for Businesses

 

1. Asset Creation – companies accumulate tokens for employee trips.

2. Participation in Governance – tokens may grant a role in decision-making.

3. Reputational and Environmental Benefits – demonstrates company commitment to sustainability.

 

Calculation for Free Ride with Taxes Considered

 

1. Ride Income – $6, with 20% tax ($1.20), net income $4.80.

2. Required Amount for Free Ride – $7.80 (including tax and profit).

3. Result – 12 rides secure 1 free ride for the passenger without losses for the company. Active users earn 3-4 tokens monthly, which can be exchanged for rides or gifted to other passengers.

 

Conclusion

 

Our project offers a unique carpooling model that provides affordable rides for passengers, boosts driver income, and increases tax revenue for the state.

 

Personal Message to the Investor

From 2016 to 2019, I founded my own taxi service from scratch. I purchased 10 cars, hired 20 drivers and three dispatchers, and operated the service 24/7 in Kyiv, Ukraine — a city with over 5 million people. Through managing the team and engaging with passengers, I gained deep insights into the key issues of the taxi industry. For the past eight years, I have been closely observing this field.

When I started, I had no prior experience in the taxi business or in managing vehicles. I was simply seeking an answer, which led me to develop a unique formula that reduces passenger fares, increases driver income, and generates additional revenue for the state. This formula helped me attract initial investment, secure a fleet, and acquire the knowledge to manage drivers, dispatchers, and meet passenger needs.

My approach has been tested in practice — it’s something that drivers and passengers want, and it holds value for regulators. I have reached out to transportation ministries in various countries, lived in five different nations, and studied the global taxi industry's challenges. This market is hard to regulate, partly because of the lack of centralized support and management for drivers who often face challenges alone.

I understand that innovative ideas like this are often difficult to grasp, and the taxi industry remains underexplored. However, given your interest in transport technologies, I hope that my experience and our conversation can reveal the potential of this idea for a serious and long-term collaboration.

There is a video that also explains the project:

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#EmployeeBenefits

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#JoinTheRide

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#StartupSuccess

#TransportReform

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#TechForGood

#SocialImpact

#RideSharingModel

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