Chapter 42: Changing the World
In addition to the cryptocurrency futures smart contract, PCC also has a second star product, which was developed using this platform, and PCC's head of operations is the general contractor, because he finds this idea particularly interesting.
There is a business elite engaged in business development who has the idea of developing an app for $500,000, and the main role is what this elite often encounters - the problem of difficult parking in the city center.
The name of the app is tentatively set as: Parking Substitute Driver.
The crowdsourcing nature of the PCC itself inspired this man, and the app also uses a similar approach, everyone with a driver's license can register as a substitute driver, and park for free for owners looking for parking in the downtown area, but the owner of the car gives a tip, the minimum tip is 3 US dollars, about one-fifth of the minimum hourly wage in the United States, because it is estimated that the time it may take to park a parking car is one-fifth of the minimum hourly wage, and this number can be adjusted after the actual operation.
Of course, it may not be good for the tips provided by the car owner to always follow the minimum standard, because the app will record it for the reference of the parking driver who "grabs the order", and the higher the tip given, the better and faster the service will be.
In New York City alone, a driver spends an average of 107 hours a year looking for a parking space, reportedly causing $4.3 billion in waste, and if a tenth of its value were to be included in the project, the project would generate $430 million a year in operating revenue for New York City alone. Other metropolises in the United States include Los Angeles, Chicago, Seattle, etc., which shows that the potential is limitless.
Juchen quickly discovered the potential of this project, talked to the founder about the development strategy, and told the other party that the takeaway crowdsourcing model in China can contract a certain area to a professional service provider, and the service provider hires a full-time parking driver, which can quickly absorb substitute drivers in the initial stage.
The founder was originally engaged in business development, and of course, he knew the benefits of doing so as soon as he heard it, which happened to be his professional expertise.
This master is a big customer of PCC, and if it succeeds in the future, it will add a lot of bright colors to PCC, so Juchen attaches great importance to this project and personally guides the technical development of the project, after all, he is the founder of PCC, and no one is more familiar with the use of this platform to develop software.
But this master seems to be very frivolous, and it didn't take long for him to value 5 million and sell 75% of his shares to venture capital.
Without saying a word, the new venture capital terminated the cooperation with PCC on the grounds that they were not familiar with the development platform, and rehired programmers to develop their own apps.
This made Juchen angry enough, and immediately copied an app, named: Old Driver Parking. Compete directly with each other. In order to avoid legal disputes, he did not directly adopt the other party's code, but completely redeveloped it, but many of the programmers who grabbed the order were "old drivers" who participated in the previous project, so a lot of the code still overlapped, which was not intentional by Juchen, so he turned a blind eye in order to rush the progress.
He was impulsive and found that after the app was made, he still needed high-intensity operations, and he was not an expert in this area, not to mention that the opponent was an expert in this area, and he regretted it a little. However, he feels that the labor cost in the United States is high, maybe this model is not necessarily suitable, he can copy this model in China, he once chatted with a friend who is a substitute driver, the other party said that the list is not much, only 4 or 5 orders a day, if you can use agent parking to fill the home, it is also excellent.
Therefore, he put the main energy of business development in China, returned to his motherland after a few months of absence, rented a 200-square-meter office in Cotton Tree City, set up a company, and began to deeply involve this sub-project on the PCC platform.
In order to avoid trademark review, the name of the old driver cannot be used, and the name is changed to "parking substitute driving", because it is a Chinese name, so it does not conflict with the founding app. Juchen is an idea a day, not long after the parking company was established, he suddenly thought of an idea.
"How can I use a car for free?" This is a disruptive question. Because many people want to use a car, but some people want to find a substitute driver, is there some kind of business opportunity in the middle?
To put it simply, if someone who wants to use a car helps someone else drive, wouldn't it be more joyful? No one has to spend money.
The biggest problem in this is information, if the owner of the car who is looking for someone to drive for him happens to be about the same distance from the destination where he needs to use the car, he can offset each other's expenses. What Juchen wants to do is such a "hitchhiker", combining the two concepts of hitchhiking and driving, as for who takes advantage of whom, you can use red envelopes to bridge each other.
As for the operation, at the beginning, you can hire a professional driver to increase the usability of the product, and the driver will grab the order, and the cost will be subsidized by the government. In terms of operational problems, it just so happened that Pei Li couldn't find an ideal new owner, so she could be the COO of the company, and the old boss became his subordinate, Juchen was still afraid that she would be unhappy, but now Pei Li has become his fan, there is nothing unhappy, and she is quite happy.
The two apps of parking and tailwind driving are actually similar, but they are operated separately, they are different teams, try separately, and entrepreneurship always fails more and succeeds less, so there is more hope for more roads.
Juchen is the CEO of two projects, but he is not responsible for the operation, this is a troublesome matter, the important thing, the parking driver did not find a good person in charge of operation, Pei Li is more concerned, it seems that the possibility of success of the ride is a little higher.
A recent milestone event is that PCC has 100 daily active programmers, and the average hourly wage per person is $10, although it is not yet the minimum hourly wage in most states in the United States, but many programmers in rich countries are trying, enjoying it, and Chinese programmers account for 50%, after all, the founder's main language is Chinese, and English professors have been working for several months, and they are still not used to it.
Now the average person works three hours a day, which is $30 a day, 900 a month, and these crowdsourcing programmers can create $90,000 worth every month, and this number is still rising.
As he mentioned in his TED Talk, PCC is disrupting the way of life for coders and stockstock.
The happiest thing about returning to Cotton Tree City is that I can often see Ivanka, as he gets to know her more and more, the relationship between them is getting deeper and deeper, and they can almost be regarded as boyfriend and girlfriend, Juchen can already hold her hand when she goes to the park.
When I was holding hands and visiting the park, I chatted and knew that Ivanka had recently received a big order, and there were many elevator advertisements and bus stop advertisements with her amazing advertising films, which made her earn hundreds of thousands.
It's so amazing, you can eat with your face...... really eats with his face, anyway, it's much better than when Juchen was young.
Ivanka said: "I still can't compare with you, your endorsement fee is ridiculously high, higher than many big stars." If BAT's compensation is really in place, then you will be a billionaire and become the middle and upper class mentioned in "Style"! ”
Juchen smiled slightly: "I've also read this book, there is an invisible top layer above the middle and upper layers, right?" ”
Ivanka: "Yes, yes, but the money at the top is easy to come by, in fact, the middle and upper classes are the elite, making money on their own skills, full of intellectual curiosity and ambition, I think the middle and upper classes are more attractive." ”
Ju Chen: "But what impressed me the most in this book is the 'spiritual aristocracy' who transcend their own class, their biggest characteristic is that they are not managed by others, they love their work, they enjoy freedom, they only buy the right ones, they do not buy expensive ones, they have independent ideas, and they will not be swayed by the opinions of others, especially the public." Suddenly, I felt that my programming crowdsourcing platform was a good place to realize the ideal of spiritual aristocracy. ”
Ivanka exclaimed, "You're doing something that changes the world. ”