₦airaland Forum

gobuchinny:
My good brother, stroke and other ailgment comes even by sitting on your couch and eating pop corn..risk factors of stroke are HBP, smoking tobacco, high cholesterol, diabetes, obesity...

All jobs have their side effects. People that work in the oil rigs are exposed to hydrocarbon but are paid in hard currencies. Make dem no work again? Army, Police dem fit catch bullet before them reach 40 sef so make dem no police again?...

All drugs that you take sef have side effects even common drugs to cure headache...That is life..Im not saying drive 25 hours but im saying hard work aint bad and noone should knock anyone willing to push demselves because we dont all have the same priorities and we dont all pay the same bills..Everybody has their limits...find yours and execute thoroughly....

Na so

jaybim:
I think one of the places guys miss it is thos point you raised. Suppose you were doing a 9 to 5 and earning 140k a month. Note thats that's what you have if you net 35k weekly. You'll fall sick like every other person, your house rent, fix car, feeding and all other bills will come out of the salary so wheres the big difference. If you save like everyone else you'll most likely live like everyone else. On the flip side, how many people actually earn 140k a month? Not as many as you'd expect.
Driving means I'm always liquid, like one man I carried some time ago (He owns a school in festac) who also drives part time said "its like having a tree that grows money". This may not be accurate but i got the picture.
Also talking about tolls, shebi na rider de pay, your toll payment is reimbursed na...abi? So i dont get it when guys calculate tolls as part of their OpEx.
That's my account book and book keeping system

Lovely, I need to create an accounts system like this

darmilolah:
Different strokes for different folks. It might not be bad for you but it is bad for me. I can consider anything from 17k for ibadan trip. Plus, I can't pick random people on the road. Alot of stories by doing that.

Besides, it's how we drivers carry ourselves that made riders see us cheap. Tiny light chatter without A/C from Ojota iwo road is 14k not to talk of my car with a/C.

I am not cheap. I will rather do within Lagos than do interstate that will not fix my car damage.

If you go steady at 80km to 100km per hour on the rough portions of the Lagos Ibadan Expressway, your car would be fine.
Also, per tiny light charter without A/C for #14,000; please understand that their business model is different from ours. That man can go for days without regular charter trips, so he has to maximize the few trips he gets. For us ehailing drivers, our time on the road is the most important consideration. A good ehailing driver should gross #1,500 per hour on the road. If an Ibadan offline trip is giving me #2,750 per hour, with little or no risk, then I'm good to go

darmilolah:
I have noticed over time that drivers only think about the fuel they will use from point A-B. They don't think about their own safety and that of the car.

Some drivers go to Ibadan for 10-15k and I just shake my head. I know for sure no sane car owner will go for that amount because he knows he will likely come back to do repair. But drivers on rental don't care. After all its the partner that will repair.

If you travel interstate bear in mind that you will likely change atleast breakpad, tie rod and ball joint. If you don't hear the noise after that trip. The noise will surely come in next one month.

What if your car break down around Sagamu and you have to tow the car. Number 1, your rider will not pay you the complete agreed sum. Now you will have to add money from your pocket to tow the car back to Lagos.

It is not every trip you jump on. What is the point going to Abuja and you don't have atleast 50k profit.

I get the point you are making, but IB for #10,000 - #15,000 is not bad. All you need do is understand the idiosyncrasies of the car you are using for the trip, and understand the roads. I do offline to Ibadan regularly for #15,000. The journey, round trip is 6 hours max, considering hold ups and stopovers. There was one I did around November last year:
1) We agreed to leave Lagos for 2:00pm, so I started my normal day hustle by 6:00am. By 1:00pm, I had like #9,000 gross. I went to pick up location behind Allen Avenue and by around 2:30pm, we were on our way.
2) I bought 20 litres of fuel for #3,000; specially for the trip. This fuel took me to and from Ibadan.
3) We got to Ibadan (Gbagi) around 5:00pm, I dropped him off and then turned around and faced Lagos.
4) Picked 3 riders, Berger, #500 each
5) Was in Berger by 8:00 pm, turned on my apps and continued work till 10:00pm. Made like #3,000 from rides.

Gross for the day - #9,000+#15,000+#3,000+#1,500 = #28,500
Expenses - fueling #6,000, feeding, calls, data #2,000
Net for the day - #20,500

This couldn't have been a bad day for an ehailing driver

Caveat emptor! Newbies, investors; doing #120,000+ net every week on Uber + Taxify consistently for 2 years is not beans and garri.
Think well before you make your business decisions, to avoid stories that touch the heart.
Consider yourself warned.

I remember a car dealer, Ajao Estate gate. I met him under circumstances I would rather keep private and I explained the ehailing business to him and how hire purchase works.
Oga carried calculator, did some calculations and offered me a shaprapra direct tokunboh Toyota Corolla 2006 for #3.2 million, hire purchase. Weekly payment of #40,000. He told me the only thing he wants from me is for him to know where I live, that once he visits once, I'm free to come and pick the car.

I ran away from the offer. I no dey take Igbo business man joke. They no dey smile at all when it comes to business. That is why they are successful in the businesses they do

gobuchinny:
If you see my previous post on this matter i was never of another secondary opinion...iz just the words being mixed up. ..net and gross profits...point is from what he makes the amount can be paid for rentals for any serious driver.

Clearly the mix up is between net/gross profits and net/gross earnings or sales but we no dey economics class and I've gotten the point. Cheers

Fahrenz answered a newbie like it is just easy to net #120,000 every week, for 2 years. The point I was making is he shouldn't portray it as easy as that. Because not everyone, not even us old legs in the game, can do #120,000 net every week for 2 years. He disagreed and I challenged him to show us 8 weeks pere that he has done it. Of course, no show.
I've already done #50,000+ net this week on both Uber and Taxify, and this is not even Friday to Sunday yet. It will not be fair for me, on that basis, to now advice a newbie to take up a #3.5 million hire purchase with a #35,000 payment. I will rather tell him to chill, take up a rental and learn himself in the hustle for a few months; before entering hire purchase. Some newbies will be so tenacious, that from day 1, they are already pros. It happens, but it's rare. I will rather a newbie err on the side of caution. Hire purchase things can easily get you into a police case, if you don't take your time. Those car owners are not smiling at all.

Toh, I don talk my own.

brogxy:
That is Nokia 2 I am seeing. How good is the GPS?
I am thinking of using it.

Nokia phones, android, single SIMs, are Uber-recommended

gobuchinny:

Its not even partial net but full gross but the point is he grosses 120k every week which I think is impressive non the less.

I thought you were of the opinion anyone could net #120,000 every week? The thing don dey clear, abi?

pooozeee:
Quickly make use of your application, report that the money he transfered has been received by you so that he can be unblocked

Quickly, is the key word here or else, your account will end up being blocked

izzou:
My advice

Read this thread from the first page to the end. You'll be a pro theoritically

Na so

QuitNotice:
With due respect for your positive mindset, you are the one not making sense here. You gave the newbie hope that he can make 120k consecutively for a while, bragging that you do likewise. And the guy challenged you to post your earnings of 120k or above a week, for 4 weeks and win 15k. I think this is clear enough. Kindly post your uber and taxify earnings for each week, for four weeks consecutively; I think gsparks01 also clearly explained this. You used the word 'consecutively' in your advice, and nitigrity disagreed with you on that, and in defense, you are now resorting to the word 'cumulatively'? Come on, stop arguing to win.
You were advising a new comer, which is good. But the advice was a bit misleading. That's what nitigrity stood up for. There's no need debating this as we are all talking English.

Na so

gobuchinny:
Hello brother, I beg to differ..my take is this..any driver that is serious minded...honest with himself...and has bills to pay (I means does not have another source of livelihood) can make this work...I drove on this platform after I resigned my appointment with the Bank to set up my business..

Honestly I was comfortable driving because I realise I ALWAYS had money in my pocket..for me the only thing was that I was picking alotta my former customers ;Dey were acting like driving was a curse . me I no send dem ooo but driving was not my main source of income. brother if I had nothing else to do and driving was what was paying ALL my bills, I mean my 9-5 den what fahrenz is doing is highly possible..i tell you..ive been there...To be frank, I learnt a lot from dem Ogunvic and romeo3..i admired their work ethics minus the fraudulent activities, does guys motivated me and I knew it was possible.

Like every business, if you dont have good money management and know how to save money, trust me, no matter how much you make you will be broke perpertually..ITS NOT ROCKET SCIENCE...

But is this not all I've been saying since last night?

pope191:
God bless u real big, 130k weekly is feasible, but I believe in sacrifice, you must give sometin to get what you want. Why I can't knock anyone hustle... When I started out I try the car stuff, but at the end I told myself, its not worth it... But in -between, all man for himself, you just have to do what you have to do

@Fahrenz, u still got my respect anytime any day, but for newbies, Fahrenz is a rocket science, don't look at him as a reason to jump into the business. As for Dru, same respect, but with my cap still on my head, I'll remove it whenever his in town and choose to drive for a week.

What I've been saying to him since last night

Gentlelife50:
I have one of my neighbor who is into Uber that used to intimidated me with figures then (salt and paper things plus screenshots), he later had an accident after fixing the car he always call me now and then to transfer money for him to complete his weekly remittance.
One would have thought that with such figures he will have a lot of savings, I asked him he said he himself can't even explain what's happening.
One of the things he said was that the money doesn't come once so as a they come u also have small small expenses.
He gave me an instance assuming he make 15k at the end he buy fuel 4k, eat, pay tolls and do other small small expenses u will be left with Oga money for the day. And sometimes he have AC wahala like compressor issues because he actually changed the compressor twice the first one was bought brand new that's like 25k
My point: what I see on my dashboards doesn't always translate to how much cash I have at hand as in my pocket.
Again some of the people that successfully run HP at a point defaulted some didn't even succeed the first time but the experience helped them later.

If you have a sizable responsibility you will know that 120k a week you see on the dashboard (assuming is consecutively) can barely sustain you, only those into the system understands.
That's why some partners who added their driver to their account will be seeing figures and be wondering why the drivers find it difficult to deliver.

I don't just want to talk but if what fahrenz posted here is what he make I make more than him but I am not here to measure prick.

Na so

darmilolah:
Oshey.. We know who you are now.

Na so.
Me I don't know tey tey

darmilolah:
I got his point. 120k is possible. But the business is dynamic. Consistency is Koko.

Paper projection and Reality differs.

Exactly the point I've been making. Reality and paper projections are two worlds apart!

Fahrenz:
It's now very clear to me that you didn't understand this post I made on this HP issue.

It's not for everyone but it's not impossible.
I have been proving how possible it is. I will never decide for anyone. After reading my thoughts on this, he can decide. I even pointed out factors that must be met.

You are only attacking because you believe no one can make 120 weekly consistently and I just told you it's a big lie. Where it's 0.1% or 1% the fact remains that it is possible.

That Is what I will keep Nacking on your head. You don't get to choose who qualifies to be among the 1%. Some newbies are already among the 1% before they even touch car key.

How many drivers on rental even meet up? The primary difference between rental drivers and HP drivers boils down to who is solely responsible for car maintenance. Apart from that, there is no difference.

That you have a wife that demands money and a son that goes to school or dstv that needs to be paid is no ones business. You chose that life.

There are people without such burdens.

You finally get it. Nothing to add

Fahrenz:
guy are you OK?

Anyone on HP, only owes 280k in 8 weeks. I have shown you that I made 972k in 8 weeks minus offline trips.

What are you still blabbing about? What can you not see?

972 - 280 is 692,000 in 8 weeks.

If a driver can make such and still decide to owe on his HP it's purely his business.

Let's even reduce it to 100k

If a HP driver consistently makes 100k weekly, he would have netted 800k in 8 weeks, and paid out 280k leaving him with 520k to spend and save in 8 weeks.

Jeez.

I have even told you to give me till March ending to post my earnings again if you are doubting. Why are you hell bent on the impossibility?

Exactly the point I've been making. Only 1% or less of all drivers can achieve this. The guy in question clearly stated he is a newbie. If he is your brother, will you tell him to take the HP?
Now are you OK?

chillex8:
See money flying upandan
And they say Ehailing isn't profitable

The award for best sacarsm on this thread goes to Chillex8.
I dey feel you sir

Fahrenz:
still making no sense.

Dec 3 - 10 125,273 - extra 5273

Dec 10 - 17 126,900 - extra 6900

Dec 17 - 24 151,909 - extra 31909

Dec 24 - 31 126,698 - extra 6698

Jan 7 - 14 129,912 - extra 9912

Jan 14 - 21 135,524 - extra 15524

Jan 21 - 28 71,079

Jan 28 - Feb 4 63,316



Now, whAt do you think a guy on HP will do with the extra money he is making?

I also told you that I made money from offline in that period, in fact, for the last week of December, I posted my offline earnings on this thread.

Any week you see me earn less on ehailing platform, just know offline has taken me.

Why are you believing it's impossible to do some because you can't do it?

Look at where i posted my true earnings for the last week of jan including offlines

Let me total all these extras you are claiming for you.
#76,216; in 8 weeks!
Let me put myself in your shoes.
1) For the two weeks I've had operational shortfalls, I have to make provision of at least #30,000 for the shortfall ( I'm talking fueling, data, feeding, hire purchase payment).
I'm left with #46,216
2) My son's school fees is #65,000
3) And we must eat at home. Madam must turn up. DSTv must dey there. IKEDC bill must be paid. I must reserve landlord's rent somewhere or else kasala go burst. I must set aside something too to repair and maintain the car (Oga Dru no go sell me Mobil 1 on credit)

How you wan make I take achieve all these, with the yeye #76,000 extra?

darmilolah:
We don't even want December earnings. Anybody can be claim to be super edger with nov-December earnings.

Let's see 8 consecutive weeks between August-October last year.

Na so

Fahrenz:
still making no sense.

Dec 3 - 10 125,273 - extra 5273

Dec 10 - 17 126,900 - extra 6900

Dec 17 - 24 151,909 - extra 31909

Dec 24 - 31 126,698 - extra 6698

Jan 7 - 14 129,912 - extra 9912

Jan 14 - 21 135,524 - extra 15524

Jan 21 - 28 71,079

Jan 28 - Feb 4 63,316



Now, whAt do you think a guy on HP will do with the extra money he is making?

I also told you that I made money from offline in that period, in fact, for the last week of December, I posted my offline earnings on this thread.

Any week you see me earn less on ehailing platform, just know offline has taken me.

Why are you believing it's impossible to do some because you can't do it?

Look at where i posted my true earnings for the last week of jan including offlines

He has a life. He has life's expenses to meet up with. Anyone can claim offlines, I did #20,000 offline this morning from 5am to 8am.
Give me 8 consecutive weeks you netted #120,000. Shikena

When it comes to the time for car owners to collect their money, what you did in the past is history. There is a car owner on this thread that I spent a total of #140,000 of my personal money repairing his car. And i was still delivering his rent. Rental ooo, not hire purchase. The week I defaulted on payment, I hear am. All the stories of me repairing his car when it wasn't my responsibility fell on deaf ears.
"My dear, I want my money, or do you plan not to pay it?" was all he said to me

This is why I said cumulative doesn't tell the story in this hustle

Fahrenz:
Make sure you combine it with the uber weekly break down. And you will see that you need maths for real

I've done the combination for you:
Dec 3 - 10 125,273
Dec 10 - 17 126,900
Dec 17 - 24 151,909
Dec 24 - 31 126,698
Jan 7 - 14 129,912
Jan 14 - 21 135,524
Jan 21 - 28 71,079
Jan 28 - Feb 4 63,316

Even adding the best of months (December) on ehailing, you still do not have 8 consistent weeks of 120,000+ net earnings. And you are a professional - top 1% of all drivers.
How do you expect a newbie to do this for 2 years?

Do you understand now?

Fahrenz:
what I will post is basically what I posted yesterday divided by 8. I told you maths is not your forte

Hahaha.
Go and tell a car owner your cumulative stories. It doesn't buy sh*t in this market.
Gazzuzz, Dru23, Davenoja, Chucksmoore are some of the car owners on this thread. Talk to them, they will tell you they are not interested in anything you make cumulatively. The only question they will ask you is "Can you deliver #35,000 week by week and still maintain the car?"

Case closed

Hello, 8:20am.
Agree to deal or not, you can search your records later to post your earnings for 8 weeks

Fahrenz:
so you are saying that if I net 100k the first week, 140k the second week, 150k the 3rd week and 90k the 4th week, I will default on payments?

OK, so post your best net earnings combined on Uber and Taxify for 8 consecutive weeks, all of us on this thread will analyze if the earnings show that a driver can keep up with #35,000 weekly payments on hire purchase.
If you succeed, you get #15,000 from me.
If you fail, I get #15,000 from you.

Post week by week ooo, no cumulative; biko.

Deal or no deal? You have only 10 minutes to agree to this bet or not. Time now is 8:12 am

gobuchinny:
I don't think this is right...even from this forum they r a number of drivers that have saved and bought their own cars...one even has bought two and given to another driver for rentals...I have also been a rider to some wonderful drivers and we got to talking...some are now driving their cars after doing HP or saving from rentals.

What Fahrenz posted should not be disputed because numbers don't lie...how don't you want Him to cumulate his figures? I have also driven on the platform and I never did it full time..Bro I made a lot money..at least i always had cash in my pocket....and I will recommend ehailing to anyone to drive if he has his own car and don't know what to do...

The truth is a lot ta drivers make more money that some that work in offices and that the truth..yes it's better if the car is yours but it can also work if you r on rentals or HP for an SERIOUS MINDED DRIVER.,.

I guess you owe him 15k bro

Its very easy, let him post #120,000 net earnings, combined on Uber and Taxify, for 8 weeks and I will pay him #15,000. Any other thing we all are talking here is semantics. I am one of the best drivers on this thread. I grossed #50,000+ on Monday and Tuesday alone. But I know what I am talking about.
Post earnings week by week. No car owner will deal with you on cumulative basis. You have to deliver week after week. Simple

Fahrenz:
i said it from the beginning that all a HP
car has to be is sound! The rest is tactics.

Leave that chemical engineer. Maybe I should convert my earnings to chemical equations for him to understand better. Maths is not his forte.

You will be surprised

alstarmayo:
except it's a problematic car, with 120k net a week, you'll have enough for maintenance. You did the maths yourself and you said there's 85k to play around with, after 35k hats 50k left.

I don't encourage or support HP though, it much easier to save and buy your own car

You didn't understand what I posted.
Its not possible to net #120,000 week after week, for 8 weeks, talkless of for 104 weeks