by Jason Tieri | Nov 16, 2023 | In The News
Lyft finds itself under the looming threat of selling pressure as institutional investors assert significant control over the rideshare company. The dominance of institutional investors, holding a substantial 74% stake in Lyft, has become a pivotal factor influencing the company’s stock dynamics. This substantial influence raises questions about Lyft’s future trajectory, with market observers closely monitoring the impact of institutional control on the company’s market performance. Read the full article here
by Jason Tieri | Nov 15, 2023 | In The News
Embarking on a unique professional journey, a millennial Uber driver shares insights into his daily routine, commencing work at 3:30 a.m. and transforming Uber driving into his secondary full-time occupation. The individual, identified as Fred, dedicates seven to twelve hours each day to driving for Uber, seamlessly integrating it with his primary 40-hour-a-week office job. This account sheds light on the challenges and rewards of navigating dual full-time roles, highlighting the commitment and determination required to successfully manage such a demanding schedule. Read the full article here
by Jason Tieri | Nov 14, 2023 | In The News
DoorDash has implemented a new tipping policy aimed at motivating drivers to accept and deliver orders more efficiently. The company asserts that when customers leave tips, drivers are incentivized to provide better customer experiences. This move is part of DoorDash’s strategy to enhance its delivery service by ensuring drivers receive fair compensation and are motivated to fulfill orders promptly. The article suggests that this policy is designed to address issues related to driver motivation and order fulfillment. Read the full article here
by Jason Tieri | Nov 13, 2023 | In The News
A 70-year-old Uber driver shared insights on how he strategically boosts his income by canceling over 30% of his rides and choosing to drive during busy periods. The driver, named Bill, emphasized that declining and canceling rides is a deliberate tactic to avoid financial losses. By being selective in accepting rides and focusing on busy periods, Bill managed to earn $28,000 gross income the previous year. His approach sheds light on unconventional strategies adopted by some Uber drivers to optimize their earnings and navigate the challenges of the gig economy. Read the rest of the article here:
by Jason Tieri | Jul 26, 2023 | Blog
Navigating the gig economy is no easy task, but our latest podcast episode offers an insightful and entertaining exploration of this complex world. From the new laws about using phones while driving to the unexpected trials of owning an electric vehicle (EV), this episode covers a vast array of relevant topics.
Tesla, Uber, and electric vehicles are all up for discussion in this episode. While Tesla has revolutionized the auto industry with its high-tech electric cars, Uber has changed the face of personal transportation with its ride-hailing service. These two giants, along with the broader EV market, play significant roles in the gig economy. Whether you’re an Uber driver delivering pizzas for Domino’s or a Tesla owner navigating the challenges of EV ownership, these topics are likely to resonate with you.
One of the episode’s highlights is the exploration of the debate around Autonomous Vehicles (AVs). The discussion delves into the ‘Safe Streets Rebels,‘ a protest group raising concerns about the increasing presence of AVs on our streets. With safety concerns and ethical questions surrounding AVs, this is a debate that is only heating up.
But it’s not all serious discussion. The episode also features some hilarious tales from Uber drivers and their passengers. From unexpected encounters to the strange and humorous situations that can arise during a ride, these stories offer a lighter take on the gig economy.
We also explore the power dynamics of Uber driver ratings and customer behavior. Ratings play a crucial role in the Uber ecosystem, affecting both drivers and passengers. We delve into the strategies and behaviors that can impact these ratings, providing valuable insights for anyone involved in the Uber platform.
Finally, the episode examines the indispensable role of dash cams in the gig economy. Dash cams provide a layer of security and accountability for drivers, capturing footage that can be crucial in the event of disputes or incidents. With the advent of technologies like the Octopus Tablet, which can play games for riders and provide information about the driver, the use of in-car technology is becoming increasingly common.
This episode provides a comprehensive overview of the gig economy, exploring both the challenges and the opportunities it presents. Whether you’re an Uber driver, a Tesla owner, or just interested in the gig economy, this episode offers valuable insights and entertaining stories that will keep you engaged from start to finish.
