Chapter
Building Supply and Demand for Gig Economy Services
17:30 - 23:22 (05:51)
Gig economy companies like Uber, in order to succeed, need to build up supply and demand in each city they operate in, similar to creating a marketplace, and will need funding to bridge the gap in the initial stages of building up their network.
Clips
iTechs, or independent contractors who perform technical services, are a key component to the success of marketplace businesses.
17:30 - 18:57 (01:26)
Summary
iTechs, or independent contractors who perform technical services, are a key component to the success of marketplace businesses. These contractors can serve as both lead generation and revenue sources, but require proper vetting and training to ensure reliability and quality of service.
ChapterBuilding Supply and Demand for Gig Economy Services
Episode#73 - On-Demand Appliance Technicians, Credible Authority Businesses & Homesick Food Delivery
PodcastMy First Million
DoorDash CEO Tony Xu discusses his company's expansion into the appliance repair market, offering technicians the opportunity to earn a living repairing appliances in a flexible on-demand model similar to Uber.
18:57 - 19:52 (00:55)
Summary
DoorDash CEO Tony Xu discusses his company's expansion into the appliance repair market, offering technicians the opportunity to earn a living repairing appliances in a flexible on-demand model similar to Uber.
ChapterBuilding Supply and Demand for Gig Economy Services
Episode#73 - On-Demand Appliance Technicians, Credible Authority Businesses & Homesick Food Delivery
PodcastMy First Million
This podcast discusses how certain businesses get free customer leads and how they solve problems for their B2B partners.
19:52 - 22:27 (02:34)
Summary
This podcast discusses how certain businesses get free customer leads and how they solve problems for their B2B partners. This approach is particularly helpful for companies in the home cleaning or automotive industries.
ChapterBuilding Supply and Demand for Gig Economy Services
Episode#73 - On-Demand Appliance Technicians, Credible Authority Businesses & Homesick Food Delivery
PodcastMy First Million
Solving the local supply and demand problem is not easy, as seen in the failure of a tech startup that tried to follow the Uber model.
22:27 - 23:22 (00:55)
Summary
Solving the local supply and demand problem is not easy, as seen in the failure of a tech startup that tried to follow the Uber model. It requires building up supply density of technicians and demand in every single city, and this is where they're going to need funding.