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Wonder your professional thoughts with how Content Creation & MGMT is similar to ride-sharing drivers & UBER/LYFT. Connecting the dots, differences and similarities, although all the same.
The daily/weekly process reminds me of the similarities between the two areas different. All go through the same industry problems technically. When you go through this breakdown as a content creator or social media manager, just think of your office as if it had wheels but if you also do rideshare, you’ll probably totally understand this whole entire outline. All the problems, issues, management tricks, craziness, meeting deadlines/tasks, that goes on or happens in the technology fields.
Ride-share Driver’s Time:
* Law is regulation. Offline for six consecutive hours after a total of 12 hours of online time. The 12-6-12 pattern continues on and on. The app will notify you 2 hours, 1 hour, and 30 minutes before the 12-hour timeframe.
* The maximum effort from a driver can have nine driving shifts in a week by math. 168÷18 = 9.3 shifts within seven days
* Nine shifts times 12 hours blocks = 112 hours of drive time
* 112 hours of possible drive time during the 56 hours offline equals 168 hours in the weekInsurance:
* After drivers are booked by passengers Uber/Lyft retains insurance on both driver and passengers for a trip. Many have no idea this extra cost occurs to passengers; another reason why rides are so expensive and riders no longer tip well or even use overpriced services.
* Drivers still need their separate insurance (which you'd presumably have anyway) but the driver needs to pay extra for the ride-share endorsement regarding their policy terms.
* Drivers are not allowed to switch states and markets for insurance and liability purposes until they move and their state license is changed to a new home state or technically out-of-state rides are approved by Uber/Lyft to enter the market. When a ride goes out of state, Uber/Lyft knows the driver is in another market and technically only provides rides going back to your home state driver's license unless you deadhead back home out of pocket. Multiple profits in multiple states disrupt the local, state, & federal taxation formulas.Vehicle New or Used:
* Avoid the $1,000 car payment and the high insurance policy. This is why all around America there are parking lots filled with new vehicles and used car lots selling out. It is better to buy used and not rent or lease a car for ride-share. Another reason why the Used car market is high priced or overvalued and that the cost of pick-up trucks or semi-trucks is high. Driver buys a 60-month term with proper vehicle maintenance and can outlast the loan terms.
* Full-time: used hybrid/EV for business use and run it into the ground or until vehicle year model requirement expires.
* Part-time only use your car.Ride Production (Averages):
* Pick and choose the best rides for you. Take anything over $10 per ride at no more than 20 minutes to get to them and take them to their destination.
* 115 trips a week/5 days online, 2 days offline = 23 trips per day.
* Try to average around 10 miles per ride
* 2-3 rides per hour
* In a daily 12-hour shift, the driver averages 9 hours moving the vehicle, 3 hours stopped or on break, then must complete a 6-hour break to drive 12 hours again.
* Driver's full-time on average $60,000 a year taxable income, before ordinary deduction and after Uber/Lyft takes $60,000 or 50% of the $120k gross revenue.
* The made-up “Lyft fee” Lyft brands is usually -$100.00 for each settlement value, if it is more/positive or less/negative that indicates something shady is going on with Lyft's marketing gimmicks, promotions, deceptively enticing drivers to drive more and call various extra pay an offer, bonus, challenge or incentive, etc. The truth is they are trying to game driver's pay and manipulate earnings.Tips:
* People don't seem to want to tip after covid.
* You will see where your tips went in the Driver & Taxes section below. You may have caught on at insurance where Uber/Lyft manipulated cost and committed fraud, lying/manipulating consumers & workers.Vehicle Upkeep & Maintenance:
* $5,000 budget on Maintenance. Doing repairs/upkeep yourself can save money & cost time, whereas paying someone costs money but saves time.
* $15,000 on gas
* $145/mo on insurance with endorsement
* $20-25 a month, unlimited washes. Vacuum vending machine to clean the interior.
* $700 a year on oil changes & filter swaps. Conventional wisdom oil change & filter swap is 3,000 miles; modern cars using synthetic oil are good for 6,000 miles.
* $250 Max for 1-2 transmission flushes a year
* $700 to replace 1 set of brake pads and rotors for each tire
* $600 to replace All-4 tires, depending on if you buy new or used.
* $20 to replace the air filter change once a year
* $20 to replace wiper blades once a year
* $2,000 vehicle rental budget cost in case you had a replacement car in a situation of breakdown/repair cost or even vehicle depreciation if totaled, you can get a downpayment made and back on the road.
* Vehicle depreciation is no problem as long as that car makes it the length of the loan. If you have a 5-year loan, save up $2k a year for a down payment on another vehicle five years from now, equals $10k down. If you maintain your vehicle well, you can get 300k miles on the odometer before trade/resale, junk/auction, or decommission. In other words, the car is a cash register with wheels – use it to squeeze profitability out of it.
* If Schedule C 1099 tax deductions are done properly, at tax time your qualified deductions can result in nearly nothing to pay in taxes.Driver & Taxes:
* Passengers pay for insurance and don’t know it. Let them know that.
* After deductions, you should not pay anything in taxes unless you have a different tax structure than the normal ride-share driver, which only occurs depending on the personal situation of the driver; such as family matters, other jobs, businesses, investments & other stuff like that only subject to the individual driver ultimately.
* Uber/Lyft can't claim mileage as a deduction from the driver. Mileage for write-off includes pick-up miles, drop-off miles, and the eventual return home as long as drivers are seeking rides while hiding home; plus driving to get Fuel, Maintenance & Car Washes.
* Uber/Lyft can't claim your insurance expenses as a deduction, they have a separate insurance fraud scam where they inflate all their cost and charge passengers – this is where all your tips, which no longer occur much anymore went – Uber/Lyft stole them from you and blame the passenger but the passenger can only give so much but the number/Lyft take so much. It's not the rob Peter to pay Paul method, it's a Kansas City Shuffle method in manipulating and lying to consumers. In other words, Uber/Lyft steals your tips, by inflating the insurance cost technically stolen from passengers, because passengers aren’t aware of the extra-extra “insurance charges” for a ride, formally pre-covid or during covid was known as driver's tips. When Uber/Lyft are asked about it, Uber/Lyft blames the dead vehicle body, manned by the human body driver they later plan to replace with robotaxis.
* Uber/Lyft can't claim any of your vehicle expenses as a deduction.
* Uber takes a 25% service fee, BUT there are other tomfoolery fees as well, Such as a Marketplace fee, Airport fees, Certain places charge Uber/Lyft to use their property for a Service fee, Insurance Fee, Government fees apply at Local/County/State levels in weekly statements. It comes out to a 50% service fee, not a 25% service fee.
* Uber/Lyft manipulatively takes all the good deductions from the driver in the 25% platform fee, BUT it’s a 50% service fee and by the time the math settles come tax time, drivers see 50% rather than 25% cost in fees. Again, internally behind the scenes Uber/Lyft does what’s called a Kansas City Shuffle and to do that there needs to be a body, which is the driver. This is why Uber/Lyft has VERY HIGH driver turnover rates. When you gross $120k driving for Uber/Lyft, they automatically deduct 25% per ride, and at tax time it turns out they took 50% rather than 25%. In the math, The driver generated $120k gross revenue and Uber/Lyft claimed $60k and manipulated everyone to get it; then the driver takes the $60k from the $120k and can claim the mileage deduction. Let's say you drove 60k miles your mileage deduction would be around 40k miles so your tax liability is 20k miles and then all the other qualified deductions. In the scam Uber/Lyft runs globally, Uber/Lyft steals $1+ on all the miles and pays the driver doing all the work $1 or less per mile.
* If you do Uber/Lyft full-time itemizing your tax deductions is generally very complicated; standard deduction is typically what almost all drivers choose; anything different depends on their overall tax situation and personal choice, as mentioned above; also, itemized deductions are more likely to trigger an audit from the IRS due to all Uber/Lyft fraud practices in the past as well, human trafficking, drug dealing and more ride-sharing, rental car scams, money laundering, and list goes on and on.
* If a passenger pays $50 for a ride, the driver hopefully receives $25. The $50 ride would reflect passenger payments and the driver’s $25 was what the driver allegedly took home, but $12.50 after operational cost. Furthermore, without marketing gimmicks, promotions, challenges, and bonuses, drivers average $15 an hour; $30 per hour only happens if the platform knows you are a good driver or haven’t been active for a while so they use advertising/marketing money on drivers to play around.
* Any given week If you’re working all week, seven days, 74-80 hours a week, your gross should be around $2,800-$3,800, then from the gross Uber/Lyft takes $800-$1600. You can only claim $2,000-$2,200 as taxable income unless you have ordinary qualified tax deductions to adjust the taxable income further.
* Drivers spend about 3 minutes wait time per trip, with 120 rides totaling 6 hours for the week equals 4 hours downtime waiting for rides to book, total, 6+4=10 hours not driving but booked waiting on passengers. Not including fueling time, breaks, and other downtime throughout the week, not driving.
* You can deduct all of that from gross not just what they pay you. All the money you pay them is a business expense but that is a part of the scamming everyone is always talking about or catching Uber/Lyft manipulating drivers, passengers, and third-party partners.
* For certain states such as California Uber/Lyft, there’s the California driver benefits fee for Healthcare Stipend. If you drive more than 25 hours a week for a ride-share or delivery company, you'd be eligible to receive a stipend of $490 a month from that company. That means you'll only be paying $10 per month for your health insurance plan. If you worked 15 hours per week, you'd be eligible to receive $245 per month.Uber/Lyfts HQ & Satellite Offices around the world:
* Staff complaints and reports have stated they sit around all day milking the clock similar to Twitter before Elon took over and found out Twitter employees doing $400 lunches and whatnot – Had to X that all out. Uber/Lyft employees like every tech company typically clock in and listen to radio shop talk and complaints about how long the days and shifts with other employees or their overpaying jobs are boring. Upper management sees only numbers and lies to your face about benefits or caring about your family. They all have big egos, untrustworthy, yet they are just pointless people who are what many of us working here say "just bean counters at a desk reading reports and complaining about each other." The company doesn't care, although they pretend to care. One manager told a worker leaving the company I'm glad you're leaving, I appreciate all the money you made us, all you were here for anyway – they say the same about drivers – this goes back to the bean counting, no happiness, burdensome manipulative ungrateful upper management. -
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Why does it seem like they drive around for free? after all that work? I can see how they struggle similar to influencers or content creators. It’s all time management or always being on schedule I suppose. All that drama they have to go through with the companies is just like office politics, and then after that just to generate production or revenue it’s a lot! The part about staff complaints reminds me of tech companies or someone always over the shoulder watching or waiting for things to be completed.
Had no idea my rides were insured and that I was paying extra for them… which explains why my rides have been more expensive after COVID. I feel bad I always tip and 5 stars regardless. I feel like the drivers should be paid more or they need to unionize or just make it all a real career or line of employment with benefits and put it all together.
Several Uber drivers I have had to take me to and from the office tell me all the time Uber does steal from consumers, sadly. My ride is like 7 miles and 18 minutes and somehow always like $30 after tip $40 because I do 25% and 5-star drivers tell me all the time they only make like $10 or $15 off the ride – highway internet robbery Uber/Lyft are – sad.
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