“I worry about you. What if someone attacks you?”
This young lady was a concerned passenger. The answer to her concern was obvious. The person gets a suplex or I just give them a bad rating for attacking me. Attacking me = 1 star rating.
Many of you guys have asked me about making money with ridesharing. Some of you have approached me about Uber and making money by driving for Uber. I have an answer now because I’ve been working as an Uber driver since May 8th. Should you drive for Uber? Let’s see.
How did my first weekend go as a Uber driver?
My life is on-the-job-training. This is my adventure with working as a Uber driver.
I started off on Friday evening. I was training my buddy at the gym (always hustling to make a buck) and we had finished the workout. I decided to turn my phone on since the gym was located in a prime area for such a program. Boom. Within a few minutes I had my first call. I jumped up and down. I ran to go pick up the passenger. I brought my buddy alone for the ride (big mistake). By the third call, a gentleman freaked out on me for having an extra passenger. I went on to drive until 2am because the requests wouldn’t stop pouring in.
Saturday I went for the night rush. I wasn’t free until later in the evening. I started at about 11 and then calls went on all night again. There was just one problem. My phone died. I didn’t have a car charger. With 1% left, I picked up my brother and his buddy who were wasted at a night club to drive them home. I got home, charged my phone for a bit, and went back on the road. I did a huge call. Well, I thought I did. I forgot to press “begin ride.”
Sunday was random for me. I turned it on during the afternoon and took a few calls. Then I took a bunch of calls at night time again. I was surprised by the demand on a Sunday.
On Monday I turned the app on after my grappling class. Surprisingly calls came in. The rides varied from folks rushing to work to Tinder dates.
Key lessons learned from my first few days as a Uber driver:
- Read the rules so that you don’t get in trouble. No extra passengers allowed.
- Have the right technology on your side. Get a phone charger!
- Calls are unpredictable. You could get a request at any time.
- You can’t tell your friends or family that you’re driving because they’re going to ask you for a ride.
What are some of the highlights of driving for Uber?
I know every single hot spot in Toronto.
If someone tells you that Toronto is boring, you need to tell this person that they’re a complete loser. I didn’t realize how lively this city is until I started driving. I know of every hot spot on every single night of the week. You discover places that you didn’t even think existed.
I never want to drink again.
I may just never have to worry about buying the next round because I don’t think I want to drink again. When I’m drunk I don’t realize how awful I smell since, well, I’m on another planet. Driving drunks around shows you just how obnoxious booze makes you and how awful the stench is.
Sorry to anyone who ever drove me around when I was wasted.
I hear all of the dirty details.
From the girlfriend complaining about the boyfriend with the small package to the guy going on a Tinder date, I get to hear all of the dirty details. I get to share tips and pick up new advice. I didn’t realize how many Tinder strategies existed out there. I also didn’t realize how many rich folks took Uber.
More on this later. As you could imagine, many folks want to start driving for Uber for the money.
What do you need to start making money as a Uber driver?
I want you to start making money ASAP. What do you need to get started?
- A car that’s no older than ten years old.
- Smart phone with data. You might have to up your data.
- Car charger.
- Solid record. They check your driving record and your criminal record.
Get all of your documents in order and apply to be a driver for Uber. I tried applying online, but some of the documents didn’t go through. So I grabbed my insurance, passport, license, and proof of ownership with me as I headed out to an Uber meeting.
I must warn you. You’re going to meet all kinds of characters at this meeting. I suggest attending just for the entertainment value.
- “Do you have to pay taxes?”
- “What if I don’t have a cellphone?”
These were the top questions asked. I asked for ideal times to drive. Then I cut the line to have my documents processed. I signed up for the background check. The meeting was on a Tuesday evening. I was on the road by Friday.
What’s the best way to make money with Uber?
You have to find a strategy when driving for Uber so that you’re not wasting time or gas.
The idea is to set aside time for when you’re going to get on Uber. My goal is to turn Uber on in the suburbs. I will grab a cup of coffee, read on my phone, call a buddy, or do my Spanish lessons as I wait for a call. I wait for the first call downtown. Then I’m grooving. Once I’m downtown, the calls don’t stop.
Are you ready to start driving or to try Uber out as a passenger??
What are the benefits of Uber?
The obvious benefit is the money. You get paid to drive people around. You’re making money. You’re using your car to make you money. You’re not wasting time on video games. You’re out there making money on the weekends while your friends waste their money.
The other benefit is the people who you meet. I totally believe that your network is your net worth. I’ve met record executives, producers, fellow bloggers, and overall interesting characters while driving. You never know who’s going to jump into your work station.
What are the setbacks of Uber?
The income isn’t passive at all.
If you don’t work you don’t get paid. This blog generates income while I’m sleeping. Driving isn’t passive by any stretch.
The expenses can get pretty high.
You can’t predict the expenses to your car. Wear and tear can be a serious expense. You also have to pay for fuel. How fuel-efficient is your vehicle?
It’s far too unpredictable sometimes.
You never know who you’re going to get, where they’re going to go, and how the experience will be.
“Can I drink this in here?”
An intoxicated female tried to bring open alcohol into the car. What a dumb question. Of course, I wouldn’t risk getting a HUGE fine. I told her no. She complained and then gave me a poor review. The struggle is real.
Nobody ever discusses this one. I value my time pretty highly. How do you value your time? When you’re on the road driving, you’re saying no to everything else. No to training. No to writing. No to dinner. No to friends. No to family.
Can you handle this opportunity cost? I sometimes wonder if it’s worth driving for a few bucks.
What are some of the numbers behind driving for Uber?
The beauty of ride sharing is that you don’t know when you’re going to be in demand. Sometimes you’re busy on a random day.
I’ll use Tuesday May 19th as an example. I turned Uber on in the afternoon after training and writing. I was eating a snack while listening to a podcast.
That afternoon I earned $86.49 from 3:20pm to 5:52pm. I then turned Uber off to go to wrestling class. I had to drive myself back home from downtown (about 15km), costing me the fuel since I had no passenger.
Training went late, so I decided to turn Uber on around 11pm for a little bit.
From 11:29pm to 1:45am I made $77.68.
So on a totally random (and chilly) Tuesday I was able to earn $164.17 in fares while putting in 4 hours and 48 minutes of work.
Here’s the catch. Uber gets 20%. So that means they get $32.83. So I get $131.34. Then you factor in your fuel. Oh yeah, and how could I forget? Taxes. Finally, Uber only calculates the distance for when you’re driving a passenger and not the distance/time you travel to pick up passengers.
On Wednesday, I ended training at around 8 and I came home to eat. I casually put on Uber as I ate. Boom. A call went off. Here’s how the night went.
From 8:26pm to 1:45am I made $151.68. I took an hour in between that to go on my laptop to check email/write articles. I actually got very lucky. The first call took me from the suburbs to downtown. I then took a few rides around the downtown core. Then finally a ride took me far out-of-town. I came back to wash my car. As I’m heading home, I get a request for pickup literally at the exact same intersection that I was at. This final call was an interesting way to end the night. The guys were hammered out of their minds. We drove 20km to a bar to find out that it was closed. Then we drove right back. Then they kept on requesting rides and cancelling them.
How has the pay been?
I pull the curtain all the way back in this article. I didn’t want to hold anything back.
The first week of part-time driving generated me $651.60.
Uber took their cut of $131.30 and I had $521.29 deposited into my account on Thursday afternoon.
The second paycheck came in at $567.85.
I made $709.82 through fares. Then Uber took their cut.
These numbers don’t factor in taxes, fuel, time, and opportunity cost.
As you can tell, you won’t get rich from working as a taxi driver for Uber. On the bright side, this is extra money that I made on the side. Instead of partying or finding other ways to spend money, I was out making money.
Should you drive for Uber?
Only on a part-time basis if you want to make some extra money and enjoy meeting new people.
There’s all kinds of stories spreading on the web about how you can make $90k annually and other astronomical figures. I’m sure you could. Are you willing to drive 10-12 hours a day? I’m not.
I’ll say this:
What other job allows you to make money on your own schedule? You literally decide when you want to work. You turn your status to online when you’re ready to work.
My recommendation is to drive part-time on the weekends. If you’re working towards financial freedom, you need to do whatever it takes to reach your goals. You’ll make some extra cash that you can use to help you out. We all need extra money in the bank.
If you want to make real money, there are other ways. You might also be better off accepting a part-time job where your hours/pay are fixed.
Are you ready to start driving?
You have all of the information that you need. If you’re ready to start making money with your car, then right now is the time to start. I’ve heard from readers that drive full-time and they love it. You might finally find a new source of income or be able to quit that job you can’t stand.
SIGN UP FOR UBER RIGHT NOW. Claim your $100! You get up to $100 for free depending on where you live and you can be on the road within a few days making money.
I also have a bonus for you. I put together the most comprehensive guide available online about driving for Uber. If you’re thinking about driving for Uber, you need to read this. I show you EXACTLY how you can become the best Uber driver around and make money the smart way.
You have to make a decision right now. If you want more information then grab my ultimate Uber guide. If you’re ready to drive, sign up now. Either way, please contact me for help. I’m here for you if you have any questions about driving for Uber. If you buy my guide or sign up through here, I’ll help you get on the road and start making money. If you sign up through my link, I’ll send you a copy of my premium guide for free. All you have to do is shoot me an email md @ studenomics dot com.
You can start driving and earning money within a few days. You have to make a move right now.