Episode
#89 - The Man Who Gamed Uber
1:01:33
Published: Sun Jul 05 2020
Description
Joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion. This episode includes: Abhishek Kumar Maurya, the founder of UberPro.In; the companies capitalizing on people fleeing cities; how tech is helping humans become fitter; the world of alternate data; the Freeport for baseball cards; and the million dollar challenge. See acast.com/privacy for privacy and opt-out information.
Chapters
This podcast segment talks about a service that helps automate tasks, manage contact information and deals efficiently.
00:00 - 02:00 (02:00)
Summary
This podcast segment talks about a service that helps automate tasks, manage contact information and deals efficiently. It also discusses how companies are reevaluating their software expenses and shifting to more efficient platforms.
Episode#89 - The Man Who Gamed Uber
PodcastMy First Million
The podcast discusses the phenomenon of credit arbitrage in ride-sharing companies, where some individuals accumulate large amounts of ride credits and then sell them at a discount to other users, leading to a disruption in the economics of the companies.
02:00 - 06:13 (04:13)
Summary
The podcast discusses the phenomenon of credit arbitrage in ride-sharing companies, where some individuals accumulate large amounts of ride credits and then sell them at a discount to other users, leading to a disruption in the economics of the companies.
Episode#89 - The Man Who Gamed Uber
PodcastMy First Million
The speaker shares their experience of receiving free Uber credits in India, which users were not able to use and eventually resulted in their friends' account bans.
06:13 - 10:50 (04:37)
Summary
The speaker shares their experience of receiving free Uber credits in India, which users were not able to use and eventually resulted in their friends' account bans. They also discuss how users were selling the credit to make a profit.
Episode#89 - The Man Who Gamed Uber
PodcastMy First Million
The speaker changed the country on Uber to gain a referral bonus and later offered other people a hundred rupees per referral if they would sign up for multiple accounts to show for potential funding.
10:50 - 15:10 (04:19)
Summary
The speaker changed the country on Uber to gain a referral bonus and later offered other people a hundred rupees per referral if they would sign up for multiple accounts to show for potential funding. They mention that the scheme initially started in Sri Lanka, where the free value is a lower currency, but Uber was already operating there.
Episode#89 - The Man Who Gamed Uber
PodcastMy First Million
The podcast discusses the different ways to make money online, including finding loopholes in the system, tapping into people's psychology, and building intricate operations.
15:10 - 18:35 (03:24)
Summary
The podcast discusses the different ways to make money online, including finding loopholes in the system, tapping into people's psychology, and building intricate operations. The hosts also discuss an amusing example of selling a box of air on eBay.
Episode#89 - The Man Who Gamed Uber
PodcastMy First Million
The speech transcript is difficult to understand due to verbal fillers (e.g.
18:35 - 21:20 (02:44)
Summary
The speech transcript is difficult to understand due to verbal fillers (e.g. "um"), inaccuracies (e.g. "20 K" instead of "$20,000"), and irrelevant information (e.g. mention of a website not related to the conversation topic).
Episode#89 - The Man Who Gamed Uber
PodcastMy First Million
The hosts discuss whether expensive cities like New York and San Francisco will experience changes as people move out of cities.
21:21 - 22:56 (01:35)
Summary
The hosts discuss whether expensive cities like New York and San Francisco will experience changes as people move out of cities.
Episode#89 - The Man Who Gamed Uber
PodcastMy First Million
With the tech movement migrating away from Silicon Valley, San Francisco's culture and eclectic mix of people may offer an opportunity for a resurgence.
22:57 - 27:57 (05:00)
Summary
With the tech movement migrating away from Silicon Valley, San Francisco's culture and eclectic mix of people may offer an opportunity for a resurgence. However, the recent mass migration of tech workers also presents challenges for the city's tax revenue and long-term growth.
Episode#89 - The Man Who Gamed Uber
PodcastMy First Million
The length of stay in apartments through networks is the main point of discussion, and while some people may constantly shift to new apartments every month, most people require to keep on picking apartments within the same network for one or two years.
27:58 - 34:37 (06:39)
Summary
The length of stay in apartments through networks is the main point of discussion, and while some people may constantly shift to new apartments every month, most people require to keep on picking apartments within the same network for one or two years.
Episode#89 - The Man Who Gamed Uber
PodcastMy First Million
The potential for tracking glucose levels is more interesting than other health data like step counting or sleep tracking because it affects eating and can have a big impact on someone's life.
34:37 - 38:21 (03:43)
Summary
The potential for tracking glucose levels is more interesting than other health data like step counting or sleep tracking because it affects eating and can have a big impact on someone's life. The possibility of a company like Abbott or a health/fitness company buying them out is high.
Episode#89 - The Man Who Gamed Uber
PodcastMy First Million
This podcast discusses the potential for creating an alternative data market for agriculture data, where farmers could make their data available for purchase by buyers looking for specific weather and yield data.
38:22 - 43:59 (05:37)
Summary
This podcast discusses the potential for creating an alternative data market for agriculture data, where farmers could make their data available for purchase by buyers looking for specific weather and yield data.
Episode#89 - The Man Who Gamed Uber
PodcastMy First Million
Free port companies like Free Port Geneva store valuable assets like art and offer a way to preserve wealth without having to pay taxes until desired, allowing individuals to sell it to someone else who will keep it in the free port.
44:00 - 48:13 (04:13)
Summary
Free port companies like Free Port Geneva store valuable assets like art and offer a way to preserve wealth without having to pay taxes until desired, allowing individuals to sell it to someone else who will keep it in the free port.
Episode#89 - The Man Who Gamed Uber
PodcastMy First Million
A discussion on a successful idea called the Million-Dollar Homepage that netted its creator over $1 million in two months.
48:13 - 51:15 (03:01)
Summary
A discussion on a successful idea called the Million-Dollar Homepage that netted its creator over $1 million in two months.
Episode#89 - The Man Who Gamed Uber
PodcastMy First Million
The hosts discuss various ways to make $1000 in a short amount of time, including hunting free Craigslist items and reselling on eBay, investing in crypto, and utilizing one's skills for fast cash.
51:15 - 54:32 (03:17)
Summary
The hosts discuss various ways to make $1000 in a short amount of time, including hunting free Craigslist items and reselling on eBay, investing in crypto, and utilizing one's skills for fast cash.
Episode#89 - The Man Who Gamed Uber
PodcastMy First Million
The speaker discusses the possibility of building simple apps, such as a weather or meditation app, without any coding skills that could generate significant revenue in a short time.
54:32 - 59:03 (04:31)
Summary
The speaker discusses the possibility of building simple apps, such as a weather or meditation app, without any coding skills that could generate significant revenue in a short time. They also mention that building a database as a creative test can help acquire more customers.
Episode#89 - The Man Who Gamed Uber
PodcastMy First Million
The speaker created a video game-like description of himself with attributes like speed, strength, and work ethic.
59:03 - 1:01:23 (02:19)
Summary
The speaker created a video game-like description of himself with attributes like speed, strength, and work ethic. During an interview, the interviewer was confused why he described his work ethic as bad even though his work was impressive.