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UBERIZING YOUR BUSINESS MODEL: WHAT WE CAN ALL LEARN FROM UBER

12/04/15

Office Interactive

By know pretty much everyone knows what Uber is. Download the Uber app, register, and you’re ready to go. When you want to get picked up by a car, the app sends a dispatch request to nearby Uber drivers (who receive 80% of the fare). Uber is a massively successful app (with an expected 2015 revenue of $10 billion). There is a lot that entrepreneurs and business owners can all learn from the Uber business model:


If your business is looking to incorporate an app into its business model, do your homework on Uber. What’s the take away message? Keep your app elegantly simple, look for opportunities to disrupt the market, and outsource whenever you can. Who knows? You might be the next Uber.