What’s the big idea? Create a new way for owners of vehicles to operate as 'rideshare drivers' and break away from people who profit from their labor and use of their private property. Drivers place your vehicle as collateral in a collective of drivers. You receive shares in a company based on the value of your vehicle. You become a part owner and operators using an app that can be provided by any number of developers. Eliminate the freeloading managers. Hire them to run operations on a salary set by the collectives, answerable to the drivers association. Let the association set the rates, based on the area you operate in. NY would be higher then , say, Charleston SC. Imagine the value of a company if all the cars currently available to Uber or Lyft were used as collateral to fund your own organization? The precedent has been set for ridesharing. Why are you letting someone else use your vehicle for THEIR profit? Get smart, drivers. How would it work? Uber raised their revenue based on their ability to show that thousands of drivers would commit to using the app Uber developed to compete with elements of the taxi industry. Others have developed similar applications that a driver could use that match the abilities of Ubers app. A driver would pledge their vehicle to a drivers association and with that demonstration of faith, money can be raised to purchase such an app and hire a management group to oversee the buildup of the organization. A participating driver would receive ownership shares based on the value of their vehicle. How am I compensated? 1. You earn by charging a fare for transporting passengers from a pickup point to a drop-off point in the fashion you are accustomed to currently with Uber or Lyft. Only the rates are set based on the region you drive in and what the traffic will bear. The rates are set within the ORGANIZATION, not by the management team that is hired by it. 2. TIPs. TIPs are allowed and processed within the application used by the drivers and available to the passenger to give to the driver. 3. Minutes driven. A driver will accumulate additional revenue based on the minutes driven with added value given for driving during certain high value periods within certain designated zones. 4. Value of shares. Annually, value of shares will be calculated and distributed to drivers from the profits of the organization after expenses have been deducted from operations. How is this value determined? Since the value of your vehicle depreciates over time, value is assessed periodically and shares are adjusted based on this assessment. What are my obligations? You are committed to the Owner/Operator organization. You will promise not to drive for any other rideshare organization or use any other rideshare application in the use of your vehicle as a rideshare operator. This commitment will enable the organization to raise funds to begin the process of building the organization infrastructure. Who runs the show? The drivers. They are the owner/operators. However, it is to be determined how this would be accomplished. Obviously its will take elections of representatives, referendums, regional voting etc. Will I be insured? Critical to operation of vehicles is insurance. The amount of coverage necessary will be determined by the drivers and the State requirement in the State they operate in. It would be provided by the Organization. Who owns the driver app? Drivers do through ownership in the Organization. The purchase of an application that provides all the same features of the application used in the Rideshare industry. It would be determined by the drivers what additional features would be desired. How are rates set? A system of Regions and zones within those regions first must be set up. Once they are determined, then the rates will be determined by the drivers within the zones they operate in. The method of determination will be a vote by the operators and the vote submitted would be based on the value of the shares held by the owner. Additional details: As this is a first draft outline, details are highly subject to change. To succeed, drivers will need to provide their input as quickly as possible. The Organization needs to be populated by drivers committed to the Owner/Operator Rideshare concept. We look forward to your input soon.