Episodes
Thursday Sep 01, 2016
94: Josh Cobb: What New York Taxi Drivers Can Teach Us About Disruption
Thursday Sep 01, 2016
Thursday Sep 01, 2016
Much of the legislation surrounding ride-sharing apps in Australia revolves around compensating our taxi industry for the projected losses they’ll incur as more people adopt services such as Uber.
On the contrary, when Uber arrived in New York, instead of complaining or relying on government handouts, taxi drivers simply started competing and Uber have had to reduce their prices by up to 30% in order to win market share.
In this episode of Real Estate Pros, we discuss why there's no use competing on price when it comes to disruption in real estate and what New York taxi drivers can teach us about their continued success in an already disrupted industry.
Read the highlights: stepps.com.au/podcasts
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