Uber: Learn to Max Out your Uber Rideshare Profits

Maximum Uber Ridesharing Profits: How To Increase Your Earnings As A Uber Driver. How to apply, to pass your 1st ride.
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  • Lectures 28
  • Length 4 hours
  • Skill Level All Levels
  • Languages English
  • Includes Lifetime access
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About This Course

Published 11/2015 English

Course Description

LATEST: Course Updated Again for September  2016

Interested in making money behind the wheel? You're in the right place.

Dear Rideshare Driver,

  • Are You Ready To Dominate Ridesharing In 2015?
  • Do You Want Insider Info On Surge Pricing?
  • Have You Mastered The Basics And Are Ready To Learn More Advanced Strategies?
  • Do You Want To Maximize Your Tax Write Offs?

You spend untold hours in the car the kind of hours they grind on and make you think "there's got to be some way I can be more productive.

Have You Ever...

  • Missed Out On The Big Surge Because You Weren't In The Right Place?
  • Wondered If It's Worth It To Buy A New Car For Uber?
  • Thought About Ways To Leverage Rideshare For Other Business/Networking Opportunities?

If you answered YES, then you're in the RIGHT PLACE!

Behind the wheel" well now there is thanks to the "turning miles on the road into cash in your pocket. Course you will learn how to turn those endless hours in the car from boring unproductive time to cash in your pocket.

I will reveal EXACTLY WHEN and WHERE I go to make the most money in the city( Find your SWEET SPOT)

By becoming an uber driver, you will learn the ins and outs of writing as a ride share professional. Everything from registering with the company to buying a car hiring driving partners and even choosing what level of uber driver you want to be.

I will REVEAL you how to Consistently make $500 in 24 hours using UBER!!!

You will learn other important ride share professional skills such as how to find the most profitable driving times and the importance of positive reviews as well as solid customer relations, which will help you build a high-quality profile and reputation by the end of this course.

You will have built the basic foundation of knowledge necessary to have a successful career as an uber ride share professional.

This course could easily sell for hundreds of dollars. I personally know of gurus out there who are charging hundreds, even thousands of dollars for a fraction of the information contained in this Udemy Course.

As with all my courses:

  • The initial low price will increase shortly - the course is currently $ 297, but will next increase to $ 397
  • You have unlimited lifetime access at no extra costs ever !!!
  • All future additional lectures, bonuses, etc in this course are always free
  • There's an unconditional, never any questions asked full 30 day money back in full guarantee
  • My help is always available to you if you get stuck or have a question - my support is legendary in Udemy.

PSS: Do you really want to be a "Successful Uber Driver" ? Do you really want to enjoy a lifestyle that you only dream about now?

PSSS: It will take hard work. It will take perseverance. But if you can honestly answer “Yes" then there is no reason why you can't start building your Ride Sharing Empire today.

This will be a truly interactive course with additional bonus routines added over the course of the first year, inspired by the feedback from students.

Click the "Take This Course" button, on the top right because every hour you delay is costing you money...Scroll up and Enroll Now!

What are the requirements?

  • Applicants must be 21 years of age or older
  • Applicants must have had a valid driver's license for at least 1 year.
  • Clean Driving Record
  • Pass a criminal background check.
  • Be insured on the vehicle you intend to drive

What am I going to get from this course?

  • You will learn the necessary information and skills to set up an account, as well as the process of becoming a successful driver.
  • You will learn how to choose the best uber designation for your vehicle (what type of partner you are going to be).
  • You will learn: the legal difference between being a "contractor" and an "employee" of uber.
  • You will learn about the different legal requirements you may face in your particular city.
  • You will learn the reasons why you should form a limited liability company (LLC). As an Uber "contractor."
  • You will learn how to find and hire the best drivers to forum business partnerships with.
  • You will learn how to set the most profitable work schedule for your region and dispel the myth of "work when you want."
  • You will learn how to use a positive personality to generate a solid client base and positive feedback so that you can increase your profit margin as much as possible, and so much more...

What is the target audience?

  • This class is for this class is for anyone 21 years or older (and this is a necessary requirement to be an uber partner), as well as someone who can meet all the necessary background checks and legal requirement, such as possessing a valid driver’s license and proof of insurance and wishes to become an uber partner. This course is designed to teach qualified students everything they need to know to make the most out of being a rideshare driver so that they can take their first steps on the path to financial independence. However, it is suggested that students unfamiliar with using smart phones, and the Internet, as well as driving may wish to take the necessary intermediate courses to familiarize themselves with these particular technologies before registering for this course.
  • This course is for new drivers that want to apply to drive for Uber. If you are already a Uber Driver, this course may not help you.
  • This course is for those who are not familiar with Uber and want to learn more about it and also how to apply to be a Uber driver
  • This class is NOT designed for anyone under 21 years of age without a valid driver's license or insurance or anyone that would not be able to pass the necessary background and/or safety checks to become a successful uber partner. This course is not a get rich quick scheme there is no guarantee that a student taking this course can or will be able to achieve a specific profit margin or generate a steady income from being a rideshare professional driver requires a lot of motivation and personal fortitude to achieve to achieve a solid standing with this particular company. It is suggested that anyone who does not like to talk or socialize with the general public. Refrain from being an Uber driver, as well as anyone that has conditions such as

What you get with this course?

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Certificate of completion.

Curriculum

Section 1: Course Overview
Introduction
Preview
04:30
18:26

Module 1: Understanding the Digital age of Uber

Many people these days are looking for an interesting way to start a new career or to supplement their existing income as a way to cover extra household expenses or pay off their student loans or sock away money for that long-awaited tropical vacation. Whatever your reason for working is, you have decided that under no circumstances will you be spending any time in the cubicle or working hours.

Managed by someone else you must have a job where you get to set your own hours, and more or less be your own boss jock like these are usually hard to come by, as they usually involve being an entrepreneur starting your own company and working very hard for a few years to get your company off the ground. If however you want to have the working freedom of an entrepreneur without the stress of running your own company. You may want to consider driving for Uber.

Uber is a one-of-a-kind mobile phone application based "taxi service" that is more akin to a rideshare, then using the services of a traditional taxi cab company as the Uber app has made everything digital from electronically hailing a ride to paying the fare for the trip. Everything is taken care of for by using your smart phone, as an Uber user. You can even watch your ride travel to you. Thanks to the GPS features in the app.

This of course emanates the need for dispatchers, and wondering whether your ride is going to show up, and even the need to carry cash to pay for your fair making finding a ride much easier and more reliable. Uber itself has nothing to do with the drivers in the sense that they do not own the vehicles that the drivers are using and the drivers are not being paid by who were directly to provide transportation services, this is where the "rideshare" aspect comes in.

Think of it this way. When you were in college somewhere on your campus, there was a bulletin board that listed everything from free couches to someone looking to share a ride home and help pay for gas. This is exactly what the Uber application does.

It serves as a bulletin board, linking together. People looking for a ride and willing to pay for gas with those people willing to do the driving, you could also think of Uber as a transportation co-op and because Uber does not actually supply any of the vehicles or drivers, and they make their money through advertising and charging small fees to both the individual doing the driving and paying for the ride.

They are nothing more than a highly advanced tech company with a very interesting social media app. The company was founded in 2009 by Travis Kalanick and Garrett Camp. The original intention was to use the apt that they had created to start a premium black car service however.

They quickly saw the potential and possibilities for ride sharing, and the revenue that could be generated, and this particular service. Soon became a huge part of their revenue, launching them into global fame as the unorthodox transportation gurus.

So in other words, if you have a vehicle and don't mind driving other people where they need to go, then you can make money as an independent transportation specialist using the Uber application to be put in touch with those who need a ride in your city. You can make money, driving to a man you are going to run anyway, all while getting acquainted with the new and interesting person.

Signing up for Uber is a fairly easy process that may vary slightly depending on your city of operation but should be something similar to:

going to Uber.com (the official website) entering your zip code into the appropriate box being redirected to the regional website specific to your area of operation answering a few questions such as how many people. Will your car, accommodate, if it is six or more.

Then you will be part of Uber XL. If you have a bigger cars such as an SUV limousine, you will be part of Uber XXL (using this designation requires a commercial drivers license and insurance). Most people however will be part of Uber X., which is the standard and the lowest paying aspect to the driving service as it allows drivers to use their standard vehicle as long as it will hold a minimum of one other person.

Once you have filled out the appropriate information for choosing your official Uber designation from X. to XL to XXL (the names now go from X. to SUV). X. is still the standard and most prevalent basic partnership, XL is for the driver with an SUV that sits six people aside from the driver, Uber black car is just as it sounds. This is the luxury market; you will need a vehicle with a black exterior and leather seats (you should also check your area of operation.

As many areas are no longer accepting Lincoln town cars or Chrysler 300s). There is also Uber taxi, which is self-explanatory. After you have chosen to your Uber designation, you will then need to provide Uber with proof of insurance and ownership of a vehicle and then be submitted to a background check of your driving record and criminal and/or law enforcement record.

The registration process for Uber may take up to seven days to process your account and verify your driving and insurance records. However, once a driver has been verified in their account will go live. And they will be allowed to use the Uber app to begin sharing rides.

It's important to remember that Uber drivers and/or partners as they are known are independent contractors, meaning they do not expressly work for Uber itself and can come and go as they please, if a driver only wants to work one hour a month. That is perfectly fine, no one's going to come hunt them down and make them drive more.

The same goes for if a driver registers and then only drives for a week at which point they decided that driving for Uber is no longer a cup of tea, they can be finished. Almost instantly. The contract will be ended. The act will be removed from their phone, and they are no longer a driver.

The only caveat to not being attached to the company will of course be if a driver chooses to rent a cell phone from Uber for the purpose of conducting business as the driver will be charged for rent on the phone, whether they are driving or not, so if a driver finishes driving permanently. Then they should turn their phone in as soon as possible to avoid unnecessary expenditures.

It is also important that the Uber drivers understand the rules and regulations concerning their city of operation. For instance Uber in New York City are required to have commercial driving insurance and a license before they can contract with the company is also important to note that a driver cannot download the Uber driving and/or navigation app until they have officially been "activated" and officially passed the background and driving record check.

Section 2: Turn Miles Into Dollar$
18:33

Module 2: Turning Miles into Cash

Once the background check and driving record has been passed, drivers will be ready to put rubber on the road and turn miles into cash. However, before registering for Uber is suggested that potential drivers do some research into your neighborhood. Just to see what your market demographic and moneymaking possibilities are going to be simply because as a completely independent driver (this is something a lot of people misunderstand) Uber in no way pay their participants. So unless a driver is picking up fares, they will not make any money.

So when considering whether or not to drive for Uber is a good idea to do some reconnaissance in your area and figure out where the highest concentration of fares are going to be and just what exactly are the busiest hours of the day. So that a driver can hit the ground running, once their account has been verified and goes live. As this is the best way to maximize a driver's earning potential.

As an independent driver, you will most likely be working an 8 to 12 hours shift, and the average Uber driver will make anywhere from $25-$30 an hour depending on the fair so on average, a driver is going to make $250 for a 12 hour shift. Each day, which is not a bad days work considering the only boss a freelance contractor has is time (meaning they have to get their fair where they want to go, any reasonable amount of time).

Other than that they can stop for lunch or take breaks or quit for the day. Whenever they wish, they can even choose fares that are going to the same destination that a driver was going to anyway to run personal errands. So if you're already on your way to get groceries. You might as well get paid for the drive.

Although making $250 a day on average for a 12 hour shift of driving people to various destinations throughout the city is not a bad living however, if an independent contractor wishes to earn substantially more. For instance, if they wish driving, to be their full-time living where they are trying to support a family they may wish to approach the business of driving from a different perspective.

Forming a limited liability company (LLC) is suggested that if an independent. Uber driver wishes to drive at their full-time living that they form a limited liability company and acquire all the necessary insurance, chauffeur and limousine licenses along with specialized tags are insurance that are required by a particular state or city.

As this will not only provide insurance for the driver and the vehicles but also for the passengers and even future employees as well, forming a limited liability company also gives an independent driver, a form of legal recourse if a passenger is not satisfied with the service provided drivers that have not formed a limited liability company or limited to the legal recourse and protection options provided by Uber and their local state and federal laws.

Hiring drivers were forming partnerships is the best way to maximize your earning potential in a given market place, because a vehicle. Operating 24 hours a day can for example earn $500, versus $250 for a standard 12 hour shift and with a vehicle in motion. 24 hours a day, a driver's monthly earnings could be anywhere between $3500 and $1400 a month or considerably more depending on a city's market for Uber rides, and how many fares. A given vehicle picks up during a 24-hour time frame, and if a given company has multiple cars running 24 hours a day in your profits can increase exponentially.

Even if you do not choose to start a limited liability company. You can still partner up with a friend or family and share the profits generated from driving each person invalid in the enterprise can take a different shift or operate in a different area of the city and the profits can be split evenly amongst the participants. This method will of course save the expenditure of starting a limited liability company. However, as previously stated, the drivers and/or riders will have limited recourse for solving disputes.

Hiring drivers, if you do not have any friends or family members that are willing to partner with you an option you may want to consider is hiring drivers. Many individuals would be willing to work for a guaranteed hourly wage, such as $10 an hour (if possible try to make it above minimum wage. However, this might be difficult for some people as the minimum wage in some states is $15 an hour).

Once you have decided what sort of business and/or independent driving contractor. You want to be and you have done your market research. Then you should be ready to turn miles into cash.

dispelling the myth of "work when you want to work" many people have the mistaken belief that as an independent contractor being allowed to work when you want to work somehow still means that you will make the same amount of money. Whether you work 12 hours three days a week, versus working 12 hours seven days a week, or that a driver can make the same amount of money no matter where they are in the city.

This is simply not true. As with all independent contracting jobs. If you are not driving and/or picking up fares, and you're not making any money, it is also important for the independent Uber driver to pay very close attention to the city's hotspots and busiest times of day; although it may seem like Friday and Saturday late-night and early-morning may be the busiest times. This is not always the case, certain areas of the city will be much busier at certain varying times of the day.

Not to mention that each city will have its own demand a level for a driving service. So it may be possible to make more money in a given shift in say Washington DC versus Los Angeles, so it is important to understand your area of operation and its needs and wants and even though as an independent contractor. A driver has the ability to work when they want. It is best to work when you're sitting once you which is also why having a partner is much better in operating completely solo.

Never underestimate the power of personality is also important to remember that as with traditional cabdrivers tips and/or gratuities are a big part of the business is important to be professional at all times.

Even when driving as a completely independent contractor using the Uber app it is important to remember that although you are selling a service (in this case, transportation from point A. to point B. You are also selling your personality and professionalism as well. And at a higher quality service you provide, the higher gratuity.

You will receive it is not unusual for drivers to earn $30-$40 a night (even more depending on how busy you are) in gratuities for providing a polite courteous atmosphere. Many people think driving for Uber is the same as driving a college buddies home from a party (while there may be times. It may feel like this). It is important to remember that even if a driver is part-time. Driving is now a business and should be treated as such.

Turning Cash into Money Part II
05:22
12:14

Module 3: Finding Your Sweet Spot

In sports, there is a term referred to as the "sweet spot" this is an area where the athlete feels that everything is perfect, and "sweet spot" can be the place where a batter stands in the batter's box or the area of the court, where they can make the perfect basket. Being a contract driver using the Uber app is no different in the city anywhere in the world will have its "sweet spot" at certain times of the day.

These are areas of high traffic and high-quality fares the trick is to learn a city's sweet spots and have it least five or six that can be used at various times of the day to ensure that you have a shift with the highest profit margin possible.

Stay away from short runs, such as someone going to a public transit station, because if they are going to public transit station and nine times out of 10 it is going to be a very short run, which means a very limited fair and short runs will kill a driver's daily income average in nothing flat.

Not to mention negatively affect gas mileage and possibly get the driver caught in traffic, which can put a driver. 30 to 40 minutes behind reaching one of their sweet spots and this again will kill the daily profit average for a driver.

Knowing when to turn the Uber app off is generally a good idea to keep the Uber app turned off until a driver gets in the center of their sweet spot for the day. And there is nothing worse than being pulled away, just shy of the sweet spot. Right before the activity skyrockets this may cause a driver to lose out on several lucrative fares usually because they were pinged for a short run.

Rather than something like a lucrative airport run. It is also a good idea to turn the app off. If you are stuck in traffic trying to return to the sweet spot after dropping off a fair as this will only serve to lower a drivers rating on the app, because they are unable to respond to a riders needs.

Try to stay away from surge pricing! Now I know this sounds completely counterintuitive. As someone trying to make as much money in a given day as possible. Driving others from point A. to point B., however, even though the price is increased for each given fair during a surge, which benefits the driver and at face value sounds like an extremely lucrative proposition.

Many Uber riders do not understand that the Uber pricing model is designed to be dynamic, and therefore the higher demand for this service, the higher the rate in a given area. Most riders (particularly if they are new to the service) view price surging as being gouged by the driver and therefore are more likely to give a driver.

A low rating on the app, which will in turn affect the driver's business and reputation directly, regardless of how prompt or courteous they are is often better to avoid areas when they are experiencing a price surge and use a different sweet spot. To avoid a rider who is feeling disgruntled about the price surge and is more willing to write a negative review even though a driver is going to earn slightly less money by avoiding areas that are surging.

The likelihood of receiving positive feedback is much greater, and as with most things in life. First impressions count and a reputation takes a lifetime to build and seconds to destroy, and as a driver (regardless of whether they are part-time or full) is better to have a positive reputation and make slightly less money, then to make more money and have a mediocre representation, because again positive and negative reviews will have a direct effect on a drivers bottom line profit margin.

09:10

Module 4: X. Marks The Spot

Regardless of the fact of whether or not, an Uber partner has done their research. Understand their market demographic. Their sweet spots the most lucrative times of day as a partner to help them share driving duties and maximize their profit is still suggested that a beginning driver choose the X. category of partner simply because not only is this the most cost effective way to enter the business as an independent contract driver.

But this is also the vast majority of business for an independent contract driver, unless it is a special occasion. The vast majority of writers do not care necessarily that the vehicle that they are riding in. Contains all the latest bells and whistles, only that it is clean, the driver is present and personable and will get them to their destination in a reasonable amount of time and a reasonable cost.

Form over function, as stated in the preceding paragraph most of the time all a rider is going to care about is the cost of the trip. The quality of the service and reaching their destination in a timely manner, although on paper being a member of the black car or SUV service may look like they will make more money. They often have the least fares, a lot of riders prefer to use the X. because it is the most economical, and they will often take a taxi if the rates are cheaper.

This is not to say that at a certain point. Your company or partnership cannot expand their services to one of the other categories. However, it is always a good idea to have a car that maintains the X. status. In order to take advantage of this market demographic.

Appreciating the learning curve. Aside from being the most economical partnership UberX will allow a driver to adjust to the world of professional driving as they will most likely be driving 4 to 12 hours a day (although this doesn't seem like much. If someone has never driven professionally. It can be rather taxing).

It will also give you time to adjust to how the app works and allow you to learn how to function as a professional driver. As one can do all the market research they wish, but until they actually started writing professionally, they will not really understand how it works.

C. appreciating the rigors of professional driving UberX will. Aside from allowing new drivers to bring the system and their market demographic will help them to decide whether or not they want to be a full-time or part-time driver, or even if driving is for them.

Being a professional driver has stated previously, can be tedious, and even though it sounds easy, because drivers are sitting down all day is hard work, which is why there is such a high turnover in the Uber market. As many drivers decide that it is not the job for them. It is also suggested that a new driver, tried driving several shifts at several different times of day, because PM riders are completely different from a.m. riders.

D. never underestimate the rating system is very important for a driver to constantly on their rating and/or standing on the Uber app, because as previously stated. The more positive a drivers rating, the more fares, they will have and the more money they will make.

However, adding a low rating on the good result in a driver being removed from the service. It is necessary for driver to maintain a minimum of a four point standing to stay active on the site (however Uber may work with the driver, provided that there may give ratings are not due to serious misconduct or safety violations due to the fact that they have such a high turnover rate and need qualified drivers.) It is also important to remember that drivers have a limited window in which to rate riders.

Section 3: Making Profit, Finding Your Ideal Car and Leveraging the Uber App
12:29

Module 5: Understanding the Difference Between Making Money and Earning a Profit

It is important to understand that, contrary to popular belief, Uber is not really a business. Uber is a platform that allows independent contractors to develop and operate their own rideshare programs. Thanks to an electronic smart phone application, and while Uber will definitely make money for independent contractors, it won't necessarily make them a profit. (Yes there is a difference between making money and earning a profit and it's a big one).

Don't get me wrong, working for Uber can definitely pay your bills and put extra cheese on your whopper. But unless you have an army of drivers, it will never really make you profit, because as an Uber driver. You are responsible for maintaining your vehicle and filling your own tank with gas and setting your own hours. And because of this if you are not working. You're not making money.

Therefore, driving using the Uber app is a way to make money making profit is what the Uber Corporation does meaning. They make money 24 hours a day seven days a week and they're not driving a car. Profit can be described as money, you can retire on. It is money that does not require you to work so strenuously to earn it.

It is also important to understand that the popularity of Uber being the biggest dog on the block. As far as independent rideshare transportation is concerned, are limited. This is not to say that the company is going to implode or shut its doors and all the drivers are going to lose their income.

But eventually, someone else is going to figure out how to break into the rideshare market and offer a cheaper or faster service and Uber will have a competitor is not a question of "if" but when this is going to happen, and when it does the money to be made as an Uber driver could drop significantly for a short or long period of time. It all depends on how well the market can adapt to the changes.

Uber is not a new idea, just a new brand name and delivery system. People need to be aware that the Uber driving rideshare service is not a new idea. Ride shares have been around for decades. However, what Uber did is to put a world recognized brand name on the concept along with a technologically innovative organizational platform that made the possibility of ridesharing accessible to previously untapped markets.

You may need more than Uber to get you to retirement, as stated in the preceding paragraphs. It is vital that anyone looking to drive using the Uber platform understands that yes indeed, they will learn money, but it will be a sort of hand to mouth existence meaning that if a driver is not working. They are not making money.

They are also responsible for their own vehicle maintenance and gas. A simpler way to think of it for the younger generation is the Uber is honestly a hostile and not a career (although technically I suppose. You can turn a hostile into a career). This means that it will be very hard to save up or set aside a significant amount of money. A career on the other hand, will provide necessary things such as down insurance medical insurance, sick days and a 401(k).

Never put all your eggs in one basket, and certainly don't let them crack as stated in the preceding paragraph is only a matter of time before some other entrepreneur or corporation figures out how to break into the rideshare market by making this service, cheaper or faster and/or safer or answering some other concern or issue that the public has.

This is why although it is possible to make a full-time living as an Uber partner. Particularly if there is no one else to support such as the family. However it is important to realize that winning another company breaks into the market share the profit margin for an Uber partner may drop significantly when extended period of time so it would be wise for any would-be Uber partner to develop a strategy for money making should there market demographic ever become less profitable because remember, all Uber really did was create a new demand for an existing service.

11:30

Module 6: Deciding How to Roll.

Many new Uber partners worry about, what sort of car they should use for driving under the Uber flag. The answer to this question is very simple. It should be a car that the driver owns out right with no loans, leases or car payments remaining and although it is definitely possible to be an Uber partner. If someone does have to make a car payment, they should however be aware that this expense could seriously eat into their earnings unless they are full-time.

Understanding operating costs and overhead. The reason that it suggested that Uber partners use a vehicle they own outright is because having to pay for car insurance and gas is already a significant expenditure each month. By having to pay for car insurance gas and make a car payment will make it significantly harder to earn decent money as an Uber partner.

The hazards of professional depreciation is also important to remember that when deciding to drive as an Uber partner that you are aware that your car is already a depreciating asset. Meaning, the word is driven, the less it is worth in total retail value.

When a driver wishes to trade in or sell it and driving even part-time as an Uber partner significantly speeds up the depreciation process of a vehicle, because to make a significant amount of money cars are driven fairly hard depreciation is another reason that the vehicle used for Uber driving should be owned by the driver as lots of driving will make it difficult to resell or renew the lease on a car at a later date.

Knowing the endgame will help an Uber partner decide exactly what sort of car is right for them. When it comes to freelance contractor driving a driver should decide how much money they want to make and whether or not and whether or not they are going to drive part-time or full-time as the sorts of questions, you tend to matter if a driver wants to make a significant profit than they might consider investing in some black SUVs and working under the Uber XL or XXL or SUV platform. As these platforms generate a slightly higher price for each trip.

However, if a driver is not intending to start a small company with other drivers or make a full-time living as a freelance driver, then spending a significant amount of money on a brand-new vehicle may not be the best course of action. If for instance a driver is a college student looking for a unique way to make a little extra money on the side.

Then the car, they are currently driving will most likely work just fine. But no matter what kind of a driver and Uber partner wishes to be. It is important to remember that professional driving of any type does put significantly extra wear and tear on a vehicle and does increase. The depreciation rate significantly. A lot of people consider leasing a car to drive as an Uber partner. However, this is not very cost effective, unless you are planning on forming a company with other drivers, or it is possible to obtain a flat rate lease.

07:28

Module 7: Seeing the Pot of Gold at the End of the Rainbow.

So far we have discussed. Just exactly what being an Uber partner is, the different options the platform provided to users, both riders and drivers we have discussed how to choose the appropriate car for the type of clientele or business a driver wishes to have. We have even discussed the importance of understanding depreciation, and the difference between earning money and making a profit.

Now we are going to discuss how to ensure that an Uber partner can earn as much money as possible within a given market demographic. By developing a money plan! That's right you heard correctly, I said money plan! This strategy will help Uber partners maximize their earning potential.

Surge may not be of benefit to the driver after all. Uber uses what is referred to as a dynamic pricing model, this means that as demand for drivers goes up to and the supply of available drivers to take the fares goes down. Then the price rate increases on the surface this may sound like a very good thing for the Uber partner, and indeed it is (assuming of course that a driver can find some decent fares during the surge to take advantage of the situation.

Often times, clients will use other services such as a regular taxi or a town car service simply because they can get a better deal than they could using the Uber during a search, which means that even though there is more demand for this service. Actually, less money to be made not to mention as previously discussed having to pay double or triple or even sometimes quadruple the normal price for a ride with Uber tends to ruffle some feathers and can result in a bad rating for the driver.

Drivers can think of price surging with Uber. The same as getting overtime on a regular job and on the surface for the employee overtime. Looks like a very good thing. However, for the business owner, overtime is a very inefficient business practice as they are paying more for the same service.

They already pay an employee to perform and so over an extended period of time. The business owner, by paying overtime rates will be spending more money than a product or service is worth any business consultant will say that this is a very inefficient business practice.

When it comes to search pricing as an Uber partner, partners must think like small business owners is the immediate gratification of a higher wage worth alienating for causing your customer base to become disgruntled.

Because remember without writers, who Uber partners are not making any money. They are just simply driving around the city in their car, and so in most cases. It is wise for an Uber partner (especially a new partner, whose rating is not very high). To avoid areas during heavy search pricing outbreaks to ensure that they don't incur a negative rating and damage their reputation or lose a part of their customer base.

Learn the rhythm of the city and know where the action is. It is highly suggested that before signing up to be an Uber partner that people become more familiar with the area as a driver rather than a citizen meaning. The driver should learn where all of the favorite watering holes in the area are what their favorite activities during weekends are, what time of the morning rush hour starts and ends.

What time the lunch hour begins and ends and what time the evening rush hour starts with our partners should also learn where the biggest traffic problems in their area are located (as a lot of revenue can be lost. Once a driver become stuck in a traffic jam).

It is also a good idea for a budding Uber partner to do some research into what shifts are the most profitable. In some cities, morning shifts, attract more riders, and in others, who Uber drivers will have more fares in the evening to early morning hours. In simply all depends on the area of operation.

The best thing to do as a driver is to figure out a schedule of hours in an area where consistent profits can be made at a distance. The driver is comfortable driving and at a time of day, they are comfortable working in once you have established a schedule is important to stick to the plan as much as possible. In this way, an Uber partner will be able to make a consistent amount of money.

Driving like a professional, the actual trick to making money as an Uber partner is driving on a consistent basis the "work when you want." Sentiment is nice, but if there are no riders when someone wants to drive wants to drive, then what good does it do? It is more like driving as an Uber partner provides flexibility when it comes to money making, how flexible a partners schedule is going to be will of course depend on the demands for drivers in their city.

04:37

Module 8: Appreciating the Rigors of the Road.

This fact has been mentioned briefly in a previous Module, but now that we are beginning to understand the world of the Uber partner or freelance driver. It is important to reiterate the fact that although driving seems to be a very simple activity. It can be rather tedious and even stressful at times, but there are ways to be, custom to the road as a professional driver that are simple and effective.


Is it good idea to set a driving goal as a budding professional driver (especially for those new to driving long distances) is a good idea to start a driving practice routine, much like runners start out by running a mile and then add two miles and then three and four Uber partners should do the same thing with a driving routine.

Start out by driving one to two hours every day without really stopping (except for at the appropriate traffic signals) and then build up to three or four hours a day driving in the car and keep going until you have reached the amount of hours of a preferred driving schedule.


Successfully, a driver will of course figure out the rhythm for their drive, such as things like stopping for lunch. Finding a restroom, etc. it is however important to get out of the car every few hours or so (maybe between pickups) and stretch and breathe fresh air. To minimize fatigue as much as possible.


The actual goal of being a professional driver or Uber partner is to minimize the time actually spent in the car, while maximizing the earnings and once a driver has become comfortable with long-distance driving and knows the area they will be operating in and can find sweet spots consistently.


They will be able to predict a surge before it happens. And take advantage of the demand for their services without having to worry about ruffling any feathers and receiving a negative rating.


Aside from the long-distance driving waiting for pings negotiating traffic jams and avoiding price surges to keep a high rating. In other regular of the road that a driver will eventually have to deal with if they drive long enough. Is the drunk or buzzed, rider and although dealing with a belligerent drunk individual will most likely happen very rarely, it is still a possibility as there are a large number of DUI (driving while intoxicated). Avoidance calls using Uber.


There are a significant number of calls such as these to the service, which can be considered a very good thing because if someone is writing with an Uber partner. Then they will be far less danger to themselves or anyone else on the road than they would be otherwise and is on the off chance someone does get sick in a vehicle and then Uber will compensate the driver for the cleanup and the lost time driving by charging an extra fee to the writer and should anyone become belligerent or a danger while in a vehicle. He driver has every right to call the police and remove the writer from the vehicle.

06:40

Module 9 : Making the Uber App, Your Friend

Once a driver has found their sweet spots, and when the rhythm of their city and set a schedule to maximize their productivity and earning potential and after they have a few runs under their belt. They may want to learn to manage the Uber app successfully to their advantage. Knowing when to turn the app on and off can make a significant difference in a driver's overall earnings.


Turning the app off until returning to the sweet spot. After making a drop off may benefit a driver significantly, simply because they will get caught in a six dollar or low rate run on the way back from a drop of that will take a driver 30 to 40 minutes outside of their sweet spot, and they may miss several lucrative runs in the process.

In the Uber app we trust Uber’s accounting is 99% on point. So if a driver ever misses a payment for a trip they know they have made, and they present the proper invoice. Then they will be paid is always important to keep track of each trip, a driver makes as well as keep copies of invoices and a driver should always do their own math to double check against Uber, just to be on the safe side.


It is also important to remember that heavy prices during the surge trips are always double checked by Huber for accuracy. To make sure the rate is fair according to their dynamic pricing model. These are just things to keep in mind when learning to master the Uber app.


Knowing when to make a power play. This is something to keep in mind after the Uber app has been mastered and a driver has established a reliable weekday schedule. They may want to consider putting in a few 12 hour days on the weekend just to learn their city's weekend traffic and likes and dislikes. A driver may also want to try this in varying weather to see what weekend needs are like during rainy or sunny weather.


If a driver is willing to put in a few extra hours, it is possible for them to make any weekend. What they might normally make during a weekday. In other thing to consider is sporting events. Many sports fanatics hate driving to the game because of traffic.


This could also be a lucrative opportunity; if a driver can get a significant number of fares to the game before the traffic starts to really pick up the same can be said for returning from the game. Many patrons prefer to leave games early if possible to avoid crowds and traffic. This could be an opportunity for Uber drivers to make a significant increase in their earnings.

Section 4: Bonus Tips and Resources
06:14

Module 10: Miscellaneous Advice.

This Book is designed to give students an overview of how the Uber rideshare system works and how they can make money as an Uber partner and/or driver taking people from point A. to point B. this course in no way guarantees students that they will make a significant amount of money as an Uber driver, nor does it guarantee that the advice given within this course will ensure a solid customer rating and/or positive feedback.


Know the market and understand its limitations, before becoming an Uber partner is important to do some market research and know the area. The driver will be operating in the likes and dislikes of the clientele. The hotspots such as nightclubs, theaters and bars how ridership changes during different weather. And what the most lucrative time for earning money while driving during a given schedule is going to be. This will help a driver to maximize their earning potential.


Understand that Uber itself is not the drivers business driving is when it comes to being in Uber driver. The partner is not working directly for Uber and is merely selling a rideshare opportunity making a significant amount of money takes hard work and dedication as none of the drivers wages are guaranteed by the company as again the Uber is only the platform that connects individuals willing to drive. To those individuals who are willing to pay for a ride to where they need to go.


Buying or leasing a vehicle specifically to use as an Uber driver and her partner will not necessarily guarantee higher earning, unless they are combined as part of a company. You will always make more money as a driver. If your vehicles are moving 24 hours a day versus a 12 hour shift, and it is better to own a vehicle out to right. Regardless of the mileage than it is to lease or buy because of vehicle depreciation after hard use.

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Course Notes and Outline
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