Thrive as an Uber and Lyft rideshare driver.
Short Uber and Lyft Rideshare Trip Economics - Why I disagree with Sergio
I would have totally taken a few of the short trips Sergio passed up on. And made a lot more money.
The Opportunity Costs of Being an Uber Driver: A Tale of Choices and Soccer Games
Last Friday, I found myself at my son's soccer game, cheering and clapping with all the enthusiasm a parent can muster. But I won't lie; my eyes kept darting back to my phone, where the Uber app displayed surge fares that looked too good to pass up. Seriously, $20 to $30 surges for hours all across Syracuse!
How NYC’s New Minimum Wage for Delivery Drivers Affects Uber Drivers
Are you an Uber driver curious about the recent buzz surrounding the minimum wage hike for delivery drivers in NYC? Let's delve into what this could mean for us, the Uber community. Join us as we explore the potential implications of a government-set minimum wage, from price increases for customers to potential unemployment in the driving world. We'll also share how our Thrive Uber Driver course could help you navigate these uncertainties and maximize your earnings. Let's tackle this journey together!
Why Uber Drivers Should Oppose Laws, like Minnesota's Uber Bill H-2369—Despite More Income
Despite the potential 40% increase in fares as proposed in Minnesota's Uber Bill H2369, this blog post highlights my firm opposition to the bill. I drive in Syracuse, New York, and my earnings analysis based on H2369's rates shows a substantial increase in my income. However, I list three main concerns: Economic Implications, Devaluation of Human Time, and Government Overreach. I argues that the fare hike would disrupt market dynamics and reduce overall earnings, while disproportionately valuing car over driver's time. Lastly, I critiques government intervention in what he views as a free-market issue. Despite his desire for higher earnings, I advocates for a different approach, one that benefits drivers, riders, and the gig economy at large.
Why Governor Walz's Veto is a Win for Uber Drivers
In a surprising twist, Gov. Tim Walz recently vetoed a bill meant to increase pay rates and job security for Uber and Lyft drivers. While it might sound counterintuitive, this could actually be a win for us. The bill intended to enforce government-regulated pricing for rider payments, but we can't rely on artificially inflated prices to secure our income. We should let the free market decide. Balance is key. If Uber wants to be profitable, they should charge as much as riders are willing to pay. If we want to be profitable, we should accept trips that meet our required fare. This is a moment to adapt, learn, and grow as we navigate the unpredictable terrain of the rideshare industry.
Finding the Perfect Car for Your Uber Driving Needs Without Breaking the Bank
According to CarDealershipGuy on Twitter, the average used auto loan rate is over 14%, the highest we've seen in decades. This means financing a used car may not be the best option for Uber drivers, especially those just starting out. Instead, consider purchasing a cheap, reliable used car with good gas mileage for which you can pay cash. Before you buy a car, make sure to check if it qualifies for Uber.