Making Money with Uber

The invention of mobile apps has certainly revolutionized business globally. Today by simply using your smartphone you can do shopping and get various services. One company that is really taking great advantage and making millions out of its mobile app is the uber taxi. Uber is an Internet based company that connects drivers and riders for mutually beneficial ridesharing agreements. What makes uber stand out from the other taxis is the fact that other than being given cars, people drive for uber using their own cars  as well as determine their own work schedules. While many people might fail to understand how Uber makes money with the ridesharing profits, it actually does more than many can imagine. A corporate document that was recently leaked indicates that Uber plans to generate as much as 10 billion dollars annually in the next few years which is quite possible considering that the year over year growth from December 2012 to the same month of December in 2013 was reported to have been 369%.

Benefits of Uber

The Uber service not only benefits the drivers but the clients as well. This is because contrary to the conventional taxi experience, here you won’t have to stand on a street corner to hail a cab or taxi. All you have to do is use their mobile app to rent uber cars. Also, the ability to make money out of a decent wage while being able to determine your own schedule is a very beneficial thing for most people that drive for uber. Additionally, its working hours are so flexible that a driver can choose to work on any day and as a result when he has any commitments in his personal life, a driver can easily take time off.

Requirements

There are very minimal requirements to drive for uber. The main things are having a smartphone and a newish four-door car with most of the vehicles recommended to be a 2006 model or newer. Also the car will need to get inspected first, which can easily be done at a local car shop. After that, all you will need to do is visit the Uber website and fill out the forms that are meant to be filled and then submitting the necessary documents as asked.

How Much Can You Make

According to the Bureau of Labor Statistics, the taxi drivers and chauffeurs made a median of 22, 840 dollars annually in 2013 at an hourly rate of 10.98. The Uber executives did an interview with  the Washington Post  and on uber earnings, and they said that the average earnings for an uber driver in New York are 90000 dollars in a year, although they later retracted the statement and said that an average driver makes 25 dollars per hour in the same city.

The inventions in technology have certainly made the life of people much easier. Similarly, the business proceeds have increased as well. Uber is one way to earn money for uber and oneself. http://keyz.com.au/how-to-start-earning/

Post Author: Cardiel

Cardiel