In his new book, Driving Profits and Making Bank, Jonathan Wong explains to potential rideshare drivers what he calls “America’s easiest and most flexible money-making opportunity.” Based on Wong’s own experiences driving for Uber and Lyft, but also a great deal of research on other rideshare companies, as well as supported businesses, this book is packed with everything you would need to know to become a rideshare driver. shared. I honestly couldn’t believe how comprehensive this book was and all the ins and outs of the carpool business Jonathan illuminates, plus the countless tips he offers as a seasoned driver that will make your venture as a solo entrepreneur even more successful.
Yes, when you are a rideshare driver, you are a solo entrepreneur. Basically, you are a contract worker who operates your own business. That means, as Jonathan points out, you can set your own hours, work as much or as little as you want, and work for more than one rideshare company at the same time if you want to.
With that said, you can also reap a lot of benefits from hiring ride-sharing companies. Jonathan explains to readers how to take advantage of “boom” periods when you can be too busy to get paid more. Ridesharing companies also offer bonuses for referring other drivers. In addition, you have a captive audience that you can sell your other products or services to, such as if you are a massage therapist or want to sell tourist guides or t-shirts outside of your vehicle. (A rideshare driver made more than $ 250,000 in a year just selling jewelry while driving.) Jonathan also guides you through the art of soft selling to your clients so they don’t get annoyed and they don’t give you a bad rating on the rideshare platforms. Finally, there are the benefits of freedom: in addition to working your own hours, you can have lunch whenever and wherever you want, meet interesting people, and you can even discover new places in the areas where you drive.
Of course, like any job, being a rideshare driver has its downsides. There are setbacks in the system that Jonathan guides you through and teaches you how to take advantage of work for more than one rideshare company to make up for downtime. It also gives good advice on what to do if you don’t have shows, difficult passengers like drunkards, drug users, or belligerents, and how to cooperate with law enforcement to be your friends rather than your enemies.
I was amazed at how much there is to know if you want to be a rideshare driver. Some of what Jonathan says may be common sense, but not necessarily something you would think about before signing up as a rideshare driver. Jonathan explains all the eligibility requirements that you will need to meet and which ones your car will need to meet. It also explains how you can earn extra money based on the make and model of your car and how luxurious it is. It also explains what to do if you need to use the bathroom, the importance of keeping your car clean and the trunk empty, and even when you may need to contact a potential passenger to determine if the requested trip is worth it.
Even more important, since rideshare workers are self-employed, Jonathan walks you through the ways to set up your own business to make sure you’re covered with insurance and liability protected, what you need to know in order to pay your taxes. , tips on setting up retirement plans, and all the basics to ensure your long-term financial success.
The back of the book includes appendices that list various applications you can use to enhance your rideshare business and improve your chances of business success. Many other resources are also included, and there are even reference codes to take advantage of.
Driving Profits and Making Bank is the perfect book for anyone who may be interested in being a rideshare driver. It will tell you everything you need to know before you start and it will be your best friend even after you become a driver because you will want to keep exploring the many possibilities that exist to increase your income while driving. In short, this book is encyclopedic in its resources. Buying it and reading it may turn out to be the best investment you’ve made in yourself since you got your driver’s license.