Working your own hours? Earning your own living and being your own boss? A large number of people have discovered the joys of working for the biggest names in the ridesharing industry. If you’re starting out, it’s easy to get caught up in the ins and out of aspects like insurance and trying to plan a routine but have you thought about which company you want to drive for?
There are two big names in the business, Uber and Lyft. Uber is by far the most popular rideshare company currently operating but Lyft is rapidly closing the gap. If you’re thinking about becoming your own driver and building your own client base, here’s our list of tips on why you should sign up for Lyft before transferring to the leading brand.
There have been a flurry of articles and blog posts detailing what it’s actually to like to work of Uber. We hear stories about drivers who have been let down or have had problems dealing with the company on terms and transactions that have been carried out. That’s not to say that Uber is a bad company, any business operating on that kind of scale is going to meet some speed bumps but that’s not the kind of hassle you want to deal with when starting out.
Lyft is a relatively smaller company and therefore prides itself on being there for its drivers when you need them. Outstanding customer support and a whole range of dedicated features that makes your initial steps into the industry a little less daunting.
These features include a tipping system, a feature not currently offered to Uber drivers. Provided fantastic service to a passenger? They can tip you straight from the app.
Other Great Lyft Features
Whilst we’re on the topic of Lyft features, it’s worth explaining what else you can receive while driving under their name. One of the most popular features would include the Lyft Power Driver Bonuses. With this feature, if you complete a predetermined number of drives per week, Lyft will reward you with a reduced fee on your earnings. This means you get to keep more of your money allowing for bigger incomes.
When starting out, one of the biggest worries is having enough money in the bank to pay the bills, especially when something unexpected bill pops up without warning. For a measly $0.50 fee, you can withdraw all your earnings the very same day that you earn them, as long as you’ve reached the $50 milestone for that day. This Express Pay feature is perfect for drivers starting out in the industry.
Sign Up Bonuses
Lyft currently does not publish the amounts of its sign up bonuses for drivers, as it all depends on where you live and what city you will be operating in etc. These bonuses are received once you have completed a set amount of lifts in a 30 day period, which again depends on what city you’re operating in, but can vary from $80 all the way through to a massive $1,000.
This is huge and if you’re just starting out, an average extra of $500 in the bank is not to looked down upon.
Using Both Apps
At the end of the day, it’s completely possible to drive for both companies at the same time. This means that when starting out, you can receive the sign up bonus from both companies and if you’re receiving a lot of work through one company, simply turn the other app off.
Having a slow night? Turn the other app back on and start receiving work again as soon as possible. This currently doesn’t violate any terms in the drivers contracts and there are multiple ways to go about achieving the perfect set up but you can be sure you’ll find your own way once you’ve settled in and know what you’re doing.
This ensures you have a regular income whilst maximizing your opportunities as a driver who’s building experience and potential long term clients.
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