Some people don’t realize that working as an Uber or Lyft driver gives you the opportunity earn more money than you would think. Even those who already drive may be surprised at how much more they can make.
Some Uber drivers waste time and fuel driving back and forth searching for clients, then complain about low income and say that it’s impossible to make $1,000 a week. In this article, we will show you that it is quite doable, and then tell you how to do it.
How Much Do Uber Drivers Earn?
Uber drivers make $19 per hour, on average, according to a TechCrunch study. This value varies greatly from one driver to another, as it depends on what vehicle you use and where you drive.
As you can see, in Los Angeles the average rate is $16.98, and in San Francisco it’s $23.52. At $20 per hour, you need to work 10 hours per day 5 days a week to make $1,000. But it’s too difficult and tiring to drive for 10 hours a day. The best Uber drivers manage to make a lot of money without applying that much effort.
For example, Nick Arapkiles and Jay Bass earn more than $1,000 a week, and share their driving experiences on Youtube. We’ve listened to their advice and added some useful tips to show you how you can do it too.
How to Start Earning $1,000 a Week with Uber
If you are not yet working for Uber, make sure that you meet the requirements. You must be at least 21 years old with at least one year of driving experience in the USA. If you are under 23, you must have three years of experience.
If you are already an Uber driver, the most important thing is to optimize your working process. In this context, the term optimization means making the most of your physical capacity, and adjusting your working routine to become more effective. Here are some tips for accomplishing this.
- Prepare for the working day
Make sure you dress comfortably. Your clothes should fit well, as you may spend a lot of time sitting in a car, and uncomfortable clothes may distract you from driving.
Take snacks and water with you so you don’t need to spend time on extra breaks. It’s an open secret that nutrition has a great impact on health condition and productivity.
- Plan places for breaks
Of course, you can’t sit in your car for the entire day—you need to take breaks, just like everyone does. ScienceDaily research proves that a good break can make you more effective. Choose 1 to 5 places in different locations where you can have a good break without spending much money.
- To stay fit, stretch or undertake physical exercise before and after driving
A sedentary job like driving can significantly affect your ability to work. If you don’t stretch your muscles before and after work, you may feel uncomfortable as soon as the next day. Poor physical condition will negatively influence your mood and lower your motivation to work.
- Get up early enough in the morning to drive people to work or school
Many drivers sleep late, which means they skip the morning rush hour, one of the biggest opportunities to make serious money. Uber statistics indicate that morning peak time for driving is between 7:00 and 9:00 a.m. If you want to make money, get up early and be ready when your customers need you.
You may as well ride people back home from school and work during afternoon surge. So, don’t miss this time.
- Be aware of increased surge fares
Surge fares are Uber prices that increase as demand for drivers grows. Surge times occur when many people are requesting rides all at once and there are not enough cars to go around. This is especially common in bad weather, during rush hours, on national holidays, and when special events are occurring.
Here is a tip on how to increase your surge fare. When you expect a surge, log out of your Uber app. Log back in when surge begins and your rate will be higher than it was before.
- Work on weekends, holidays and during big events
These are when surge times are most likely to happen, so driving during these periods significantly increases your chance to make $1,000 a week.
- Use the passenger app to see other cars in the area
It’s good to know where your competition is, but as an Uber driver, your app shows only your client’s location, not where other drivers are. To get around this, just download the Uber passenger’s app, which will show you how close competitors’ cars are both to you and to your potential clients. If there are too many cars, drive to a different location to increase the likelihood of finding a passenger.
- Head to central areas during downtime
During downtimes, the chances of finding passengers are higher in busy urban areas than in suburbs.
- Calculate and track your expenses
If you want to make more money, you need to track your expenses. Calculate how much you spend on gas, coffee breaks, and other expenditures during working hours. Analyze this information and figure out how you can minimize your costs. For example, you may notice that over the course of a week you spend too much on buying coffee in shops: $4 a day doesn’t seem like that much, but at $5 a day, that works out to around $1,000 a year! Homemade coffee is cheaper, and you may even find that it tastes better too.
- Sign up for Maximum Ridesharing Profits, written by Harry Campbell, The Rideshare Guy
This course will allow you to learn more tools for how to increase your earnings as a rideshare driver. After completing the course, you will have learned some helpful information including: where to find more pickups, how to get more rides at a higher surge price, improving your ratings when they start slipping, how to build a side business while you drive, and more!
Based on average hourly earnings of $19 per hour for Uber drivers, it is definitely possible to earn $1,000 a week. At worst, you will need to work 10 hours a day five days a week, but you can optimize your work and as a result spend less time driving by following these helpful tips:
- Prepare for the working day in advance to feel comfortable in your car: Take snacks and water, dress comfortably, and don’t forget to do some physical exercise before and after driving.
- Get up early enough for the morning rush hour to drive people to work or school.
- Use the passenger app to see other cars in the area. Monitor where your competitors are and go to areas with fewer drivers to increase demand for your service.
- Head to central areas during quiet times because the chances of finding a passenger in a busy urban area is higher than in outlying areas.
- Take advantage of increased surge fares to make more money on each ride. If you expect a surge period — as rush hour begins, for example — log out of your Uber app and log in when the surge starts. This will result in a higher surge fare.
- Work on weekends, holidays and during big events because that is when demand for drivers is highest and surge fares occur most frequently.
- Calculate and track your expenses. Monitor how much money you spend on gas, coffee, snacks and so on. You may be surprised how quickly small expenditures add up.