Romance › Re: "Have U Nacked My Dad Before?" Groom To Be Needs Urgent Advice!!! by drmikeadams(m): 6:15pm On May 06, 2019 |
McCoy662: Please if you are in his shoe, can you still go ahead with the marriage? I take God beg u;go take 2 chilled iced bottle of origin and some sticks of Benson  compose better break up text send am  |
Romance › Re: "Have U Nacked My Dad Before?" Groom To Be Needs Urgent Advice!!! by drmikeadams(m): 6:13pm On May 06, 2019 |
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Fashion › Re: Men's Black Suede/sneakers Going For 6k by drmikeadams(m): 3:31pm On May 06, 2019 |
See clean loafers..how much? Do u have 46? |
Car Talk › Re: The 3 Reasons You’re Losing Money In Your Uber Business by drmikeadams(m): 12:12pm On May 06, 2019 |
RideArena: Early this month, a Facebook friend contacted me upon reading my status about our ride hailing management business. He had jumped on the Uber train when the company opened office in Nigeria in mid-2014. Together with two of his friends, they bought five Toyota Camry cars. A year later, all but one of the cars were out of business. In March 2016, he took back possession of the remaining car from the driver and said bye bye to Uber.
[img]https://encrypted-tbn0.gstatic.com/images?q=tbn:ANd9GcSOdEZP9DX3JYvhMU-spcduuxCSHPQ3X1aq0IZwToEMeNLeu_rX[/img]
When he heard that we have been managing several cars for people on the Uber/Taxify (Bolt) platforms, with about 70% of these cars belonging to Nigerians in the diaspora, he sought to know what he and his friends might have done wrong, and if it is possible for us to guide them to achieve a reliable secondary source of income.
As it always happens, a few questions were enough to reveal the mistakes they made, similar to what a lot of people make in the ride hailing business in Nigeria.
The three top mistakes people who invest in the Uber-type business make boil down to three factors: Vehicle Type, Driver, Working Conditions.
Let’s get straight to them:
*Mistake #1: VEHICLE TYPE*
[img]https://cdn-images-1.medium.com/max/750/1*mEn078s8HJZ7WiSsZd0H8A.png[/img]
When I tell people looking to have us manage their vehicles that the Vehicle Type is the most important factor in a Uber business, they are often surprised. Yet they ought not to be.
It is our observation that an inappropriate vehicle will make a good driver become bad, yet a ‘bad’ driver may become good if the right vehicle merges with good working conditions.
When choosing the most practical vehicle to use, you want to consider the following factors: Fuel economy, good air conditioner, reliability, maintenance cost, life span, resale value etc.
You want a vehicle that would give the driver as little problems as possible, especially in terms in fuel consumption. Uber business is a game of distance covered and how much fuel is expended in the process. Therefore even the most loyal driver will return your car, even worse start defaulting, when he is unable to recoup his investment in fuel.
The cars that have been proven winners in this Uber game are: Toyota Corolla, Toyota Yaris, Kia Cerato, Hyundia Elantra, and Hyundai Accent.
I will do a followup post on detailed reasons why these are the best cars in the market for Uber business, but this list will serve for now. Stick with this, and thank me later.
NB: We have noticed that car dealers have noticed the obsession with Corolla cars for Uber and are packaging unwholesome Corolla brands for unsuspecting buyers. We provide free car inspection services for our clients.
*Mistake #2: DRIVER*
[img]https://cdn-images-1.medium.com/max/750/1*1JhGBbOL20JIsyxfGlv9Lg.jpeg[/img]
When we survey the reasons clients choose to turn over their cars to us, seeking to avoid problems of drivers is the number one reason. People would rather someone else handle the business of managing the Uber driver.
We understand. There are really some unscrupulous elements that would rather use your cars and not remit as stipulated in the agreement.
We have observed that many cars do not conduct background checks.
- If a driver would not provide the number of the last employer he worked for for verification, it doesn’t matter what he says.
- If he would not show his ratings on Uber and Taxify, he cannot be trusted.
- If he would not do a test drive with you on the highway, at roundabouts, and for those in Lagos, on Third Mainland bridge, how do you ascertain that he didn’t just pay to get his driver’s license.
While it is true that all these do not provide 100% guarantee that all will go well, they will drastically reduce your chances of getting the wrong driver.
It is our observation that body language of the driver during the interview process is also very important. Unfortunately, picking body language clues comes with experience. It can’t be taught.
Perhaps that’s why people just prefer to use our services instead of dealing with the hassles.
*Mistake #3: WORKING CONDITIONS*
[img][/img]
Often, many car owners tend to forget that Uber drivers are humans. They heap on them conditions that prove burdensome.
Car owners are investors and should take the long term view. To be quite frank, asking a drive to remit N35,000 weekly is burdensome in our experience.
You have to remember that it is from the proceeds of the business that the driver would buy fuel for its numerous commutes. It is from the proceeds he will refill for the Air Conditioner. It is from the proceeds he will pay Uber and Taxify their 25% and 15% commissions respectively. It is also from these same proceeds he will likely make minor repairs so he does not have to have to disturb you all the time.
I dare say that the reason there is high turnover rate of drivers in Nigeria is because of these conditions.
For our services, while we have weekly remittances of N30,000, the vast majority of the clients make do with N20,000 per week.
Sounds small? Let’s do some quick maths:
A N35,000 weekly remittance for 12 weeks (96% of drivers quit after the first 2–3 months of rideshare) gives N420,000.
A N20,000 weekly remittance for 12 months (our average turnover rate) gives N960,000.
What’s more? We always have drivers quitting partners with even N30,000 weekly conditions to come work with us. So our car idle rate is the shortest we know. At the time of typing this, we have three cars available, with 7 drivers jostling to drive them.
I will say it again: Drivers are humans. If you make life easy for them, they will also make life easy for you. It’s simple, really.
We also ensure that all our cars are insured, this way heavy repairs do not cost the drivers their arms and legs.
Also, because we understand that Uber driving is a career path, we do our best to provide training and mentorship. We have experienced drivers in our network and they are always there to provide guidance.
If you can provide something like these, you will have less problems.
IN SHORT…
Ride-sharing services like Uber and Taxify are really good investments, but they just have to be done the right way.
Master these 3 areas of Vehicle Type, Driver, and Working Conditions, and you will see a lot of success…
And if you would like to learn more about having a successful ride hailing business (Uber/Taxify), or better still, having us manage your vehicles on Uber and Taxify, then you should check out http://ridearena.ng/landing-page/…
Source: http://ridearena.ng/2019/04/16/reasons-losing-money-uber-business/ amazing write up |
Education › Re: Two Secondary School Girls Drinking Beer At Uyo Plaza (Photo) by drmikeadams(m): 1:12am On May 06, 2019 |
 I hustle for that plaza  lovely state wit beautiful girls and thier state beer "yampion" |
Romance › Re: Why Is It That Women In Their 30s Claim No Sex Till Marriage? by drmikeadams(m): 9:42pm On May 05, 2019 |
Oma307: the title of the movie sounds like Yoruba but it is actually English movie yeah it is....I didn't finish the part 2, but it was quite interesting |
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Career › Re: Uchenna Obigwe Exposes How Many Months Workers Are Owed In Abia State (VIDEO) by drmikeadams(m): 4:07pm On May 05, 2019 |
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Business › Re: If You Are Uber Partner In Lagos, Please Share Your Experience Here by drmikeadams(m): 3:39pm On May 05, 2019 |
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Family › Re: Does A Married Daughter Have Any Rights On Her Father's Property? by drmikeadams(m): 3:12pm On May 05, 2019 |
aanuoluwami14: You have the right, only if there is a will or the children are in one accord, but everything depends on the first child or first son. It's very wrong for a woman to be demanding her share from his father's will. I'm the first child as a female, everything my brother says is final, he is the person to determine to share the properties. gbam if the first son is sensible  he will include the sister in whatever sharing formula  I grew up wit my sister  na still my blood |
Romance › Re: Why Is It That Women In Their 30s Claim No Sex Till Marriage? by drmikeadams(m): 2:35pm On May 05, 2019 |
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Celebrities › Re: Actors Guild To Sanction Tonto Dikeh Over Marriage Saga by drmikeadams(m): 1:32pm On May 04, 2019 |
Shibaraba: Mumu people
Person wey una go don clip her wings from the beginning na now una come dey talk. With all these drama wey una members dey do online no one go want to associate with them anymore.
Few weeks ago we go one introduction, Mama ask lady wetin she dey do Lady said actress(meanwhile my guy advice her make she say something else o) Mama calmly look me tell me,"shibaraba the pepper soup still plenty o,and jack Daniels dey cold. Make una drink well enjoy today for there will not be another time, because wedding no go fit hold" I weak. Papa just face TV dey watch serie A These people dey see the nonsense they do online and them don hate them. Wetin concern me, I load the Jackie for my system. The guy don start breakup process.  papa jst face TV dey watch seria A  the guy and em actress never ready |
Business › Re: If You Are Uber Partner In Lagos, Please Share Your Experience Here by drmikeadams(m): 1:28pm On May 04, 2019 |
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Romance › Re: My Girlfriend Seemed Perfect Till This Happened by drmikeadams(m): 1:05am On May 04, 2019 |
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Business › Re: If You Are Uber Partner In Lagos, Please Share Your Experience Here by drmikeadams(m): 12:54am On May 04, 2019 |
franksam2009: Don't get me wrong,I supported ND loved d way u opened up at d beginning but all of a sudden u started acting childishly attacking people u Don't even knw just to make some stupid point, jst like a tout you are. I'm not in anyway against you bringing out 5 people or even your entire village from poverty, it's not my biz but do it in a mature and sensible way and stop blabbing like a baby, at 22 many young guys out der hv achieved alot and Don't blab like u do, like u hv already made it in life , u are still on a freaking rental and ur car owner can terminate ur contract at anytime. I met a 24yr old female rider who owns a Honda CR-V and a Camry, at "24" and wishes 2 use her Camry for ehailing, I had 2 drop what I was doing, took her round town on a 2.5k fuel to validate her documents ND even scheduled a date for her inspection without charging or asking for reward. My point still remains, apply wisdom in everything you do or say, nd stop justifying your senseless and childish acts  . U and umunwanyi |
Business › Re: If You Are Uber Partner In Lagos, Please Share Your Experience Here by drmikeadams(m): 9:11pm On May 03, 2019 |
izzou:

At no point did I discredit him, or talk him out of working 15 hours a day. Check my posts to confirm
I have read this thread from page 1 to now, and all I see in you is a failed partner. Yes, a FAILED PARTNER 
You're so bitter you never got it right. Such a pity you had to sell/lease your corolla. In your mind, no driver should make more than a partner.
And what is honest about posting your earnings? If I agree to pay you 30k or 35k every week, do I have to print out my earnings to show you again? 
You're so bitter bro. It pains you when people like Dru are still waxing strong, making significant progress and acquiring more experience and more vehicles, but here you are looking for 2 verifiable guarantors and thousands of naira for Nigerian used corolla
You failed bro. 
Maybe you have been meeting wicked drivers since the beginning. But not all drivers are the same. And all of us have different destinies. So as Mr Jesusson is doing well in driving, I'm also facing the path where my star is leading me too
So take you hypocritical, bile-filled posts and shove it into your ears. Since only you and Jesusson are the honest beings on earth, why not drive yourself, even in your spare time, and leave us the "thieves" here alone?
Drivers are this, drivers are that..... Yet you keep coming here to look for them. Na driver them kill for Oshodi few days ago. Shebi partner still dey alive?
Twerp  |
Romance › Re: My Virgin Wife Is In Pains.. Please Help by drmikeadams(m): 7:58pm On May 03, 2019 |
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Politics › Re: Abia State House Of Assembly Speakership, Why Ikuku Is The Man by drmikeadams(m): 6:01pm On May 02, 2019 |
Chimaokigwe: Abians are the most politically useless people in Nigeria. gbam |
Business › Re: If You Are Uber Partner In Lagos, Please Share Your Experience Here by drmikeadams(m): 1:33pm On May 02, 2019 |
julietromeo: You are an ardent listener of Lagos talk bro. My first radio program every morning is early edition with sodiq follow by sport zone and jimi disu program from 9 to 10:30am. 3pm-4pm Mitchell dey hol am down |
Celebrities › Re: Ali Baba Sends Another Warning To Yahoo Yahoo Boyz by drmikeadams(m): 11:46am On May 02, 2019 |
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Business › Re: If You Are Uber Partner In Lagos, Please Share Your Experience Here by drmikeadams(m): 11:08am On May 02, 2019 |
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Romance › Re: Nigerian Man Finds Out He's Not The Biological Father Of His 2 Kids After DNA Te by drmikeadams(m): 3:43pm On May 01, 2019 |
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Family › Re: I Cheated On My Husband With A Guy From Work And I Don't Know What To Do. by drmikeadams(m): 1:54pm On May 01, 2019 |
[quote author=PrinzCarter post=78011839]cheaper dan cabin biscuit if u can twist ur words den if u HV a car combine dis two elements ur the real G.O.A[/quot  >  |
Celebrities › Re: Rita Daniels: Regina Daniels' Mother Blasted On Instagram Over Daughter Marriage by drmikeadams(m): 10:14am On May 01, 2019 |
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Romance › Re: Nigerian Man Finds Out He's Not The Biological Father Of His 2 Kids After DNA Te by drmikeadams(m): 9:49am On May 01, 2019 |
luvyaself95: You for no dey USA now  go travel section ;then read NVC processing thread u go understand better |
Travel › Re: Uber Driver Returns A Lady's N25k And Her International Passport, He Gets N500 by drmikeadams(m): 11:16pm On Apr 30, 2019 |
In conclusion person wey stingy go stingy  |
Family › Re: I Cheated On My Husband With A Guy From Work And I Don't Know What To Do. by drmikeadams(m): 6:56pm On Apr 30, 2019 |
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Business › Re: Is Uber/taxify Still Booming Like Before? I Need Advice. by drmikeadams(m): 2:33pm On Apr 30, 2019 |
kryptem: Hmmmm..... Naija wahala, and people still make it in the phase of these challenges?
Well, I believe it won't be everyday occurrence. Indeed, I've got to be very strong to venture; man must hustle! no be evry day..wen I new start lastma carry me;police carry me for one way,police Cary me wen I beat traffic light for midnight around lekki,local govt boys carry me for oshodi for one way  cbd nearly Cary me for Lagos island luckily army truck dey my back dey blow horn for dem  U go make am just dey use ur sense and keep emergency money for them  |
Romance › Re: Nigerian Man Finds Out He's Not The Biological Father Of His 2 Kids After DNA Te by drmikeadams(m): 2:28pm On Apr 30, 2019 |
Freeman59: Why would US embassy ask for a DNA test cuz of visa?? The story is not adding up. The US embassy doesn't ask for that  >  if ur relation in us petitions for u ,u go do dna for embassy  >:  me and my bro do ours  as them confirm  I just say God bless my mama  as she no fall hand |
Business › Re: If You Are Uber Partner In Lagos, Please Share Your Experience Here by drmikeadams(m): 2:01pm On Apr 30, 2019*. Modified: 2:09pm On May 04, 2019 |
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Business › Re: Is Uber/taxify Still Booming Like Before? I Need Advice. by drmikeadams(m): 1:11pm On Apr 30, 2019 |
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