Understanding the Market: To get success, it is important to conduct thorough research on your competitors and the industry. This will help you understand the industry dynamics and identify any potential opportunities. It is recommended to use both primary and secondary research methods to enrich your business plan and adopt effective strategies. You should also study your target audience, their preferences, pain points, and the existing competition. Analyzing ride-hailing apps, including their features, user experience, and monetization strategies, is a crucial step in developing your own app.