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Life in the Gig Economy: The guy who’s driving Lyft and Uber to save up for a career in day trading

Life in the Gig Economy: The guy who’s driving Lyft and Uber to save up for a career in day trading

Life in the Gig Economy: The guy who’s driving Lyft and Uber to save up for a career in day trading

Life in the Gig Economy: The guy who’s driving Lyft and Uber to save up for a career in day trading

Excerpt from fastcompany.com

You can make some really good money if you’re doing good work, but the key is to treat it like you want to work. You want to dedicate the hours to when there’s the most demand. Treat it like anything else—if there’s high volume, you want to be on the high volume. And that’s how it works for every market. You need to put in hours during high volume time, and then on top of that, you want to make sure you’re running as lean as possible. 

The difference between working when the promotions are there and working when there’s no promotion is literally $20 per hour. It’d be stupid to not work when there’s a promotion. $40 an hour is kind of what I got in for. Sometimes there’ll be awesome weeks and I’ll be able to do 10-hour days or weekends, or there’ll be a promo for the whole week and I’ll hit the entire promo and all of the streets during busy times and I’ll get upwards of like $50 to $60 an hour. That was worth it. Like, I will always work that week because I’ll be able to take two weeks off in the future. I kind of milked Uber and Lyft quite a bit.

I’ve been through two cars. I started in 2018 with a Toyota Prius. Actually, I started a little before that. I tested the waters with Lyft and Uber through a rental program, so I basically used a credit card to try that out. But you do need to have your record completely clean. I’m fortunate that my record has been clean, and I guess I’ve been driving safely. 

 

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