As in most American towns, it’s hard to get around Cambridge, Maryland, without a car. But not everyone owns their own vehicle.
So three years ago, LaAngela McCoy, 33, bought a cab with savings from her full-time job at a local bank, hired a driver, and decided to—literally—test-drive a local taxi service.
Demand was huge.
She operated her taxi on the side for a year, then quit her bank job, applied for a business loan, and went full-time. Two years later, On Time Taxi is flourishing, with four cabs, six employees, and earnings that have more than doubled in the last year.
All of McCoy’s four drivers are women. “Women are go-getters,” says McCoy, who is also the mother of two girls.
And the company’s drivers support McCoy’s mission to serve the community. Families can get to the store or anywhere in town for $4, and she offers deals for long distances. Groups such as day-care centers get favorable rates, too.
The community is giving back, as well. A local mechanic gives her cheap rates, and through word of mouth, the local hospital, a nursing home, and a nearby Hyatt hotel have signed contracts with her.
“When I started this business, I didn’t realize that I’d succeed because it really is a two-way street,” McCoy says.