More Competition Coming For Uber & Lyft - Show Me The Money Club

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  • Опубліковано 7 чер 2024
  • Welcome to Show Me The Money Club live show with Sergio and Chris Tuesdays 6pm est/3pm pst.
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    On today's show, Sergio and Chris talk about what is goin on in MN and Uber and Lyft's games, Lyft eliminating cars from Lyft Black SUV, Uber cancellation proof of shaving (should you even wait?) Uber & Lyft earnings analysis, Lyft screwing the driver again, New rideshare company coming, gig work is dangerous (especially deliveries) Waymo is doing 50k trips in 3 cities every week, a threat?
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    0:00 Intro
    3:45 Announcements
    20:00 Uber and Lyft back to leaving MN? Let’s update
    27:23 Lyft eliminating cars from Black SUV
    31:50 Uber cancel proof? Should drivers even wait?
    43:00 Uber & Lyft Earnings analysis
    50:10 Lyft screwing drivers again?
    1:08:40 Another Rideshare Company coming up in Canada
    1:18:45 Gig work is dangerous, especially Deliveries
    1:25:00 Waymo doing 50K trips in 3 cities every week, threat do Rideshare drivers?
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    About The RideShare Guy:
    I'm Harry, the founder of The Rideshare Guy. I started driving for Uber and Lyft in 2015 and eventually quit my day job as an aerospace engineer to run The Rideshare Guy full time.
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  • Авто та транспорт

КОМЕНТАРІ • 58

  • @Therideshareguy
    @Therideshareguy  24 дні тому +3

    0:00 Intro
    3:45 Announcements
    20:00 Uber and Lyft back to leaving MN? Let’s update
    27:23 Lyft eliminating cars from Black SUV
    31:50 Uber cancel proof? Should drivers even wait?
    43:00 Uber & Lyft Earnings analysis
    50:10 Lyft screwing drivers again?
    1:08:40 Another Rideshare Company coming up in Canada
    1:18:45 Gig work is dangerous, especially Deliveries
    1:25:00 Waymo doing 50K trips in 3 cities every week, threat do Rideshare drivers?

  • @darrengaltman2170
    @darrengaltman2170 24 дні тому +12

    So I'm officially off the uber and lyft hamster wheel! Almost 10 years with uber 8 years with lyft 22k rides total . Most of those with uber . Kept a 4.99 rating with uber. I start my new job tomorrow in health care. I drove in the San Francisco Bay area. Uber and lyft has been dead this year. It's been a ride....

  • @kelceyburrissr
    @kelceyburrissr 24 дні тому +4

    What I have noticed with lyft!! If someone changes the address, the system will automatically revert back to the old rate car....

  • @ptszmurlo
    @ptszmurlo 24 дні тому +3

    Thanks for putting the content together. I’m a new driver and love the flexibility of it all! Absorbing all that you have offered, your time is appreciated.
    Pete from Queen Creek, Arizona.

  • @robinrienerth6521
    @robinrienerth6521 24 дні тому +3

    Regarding the cancellation fees for extra wait time, it's happening in AZ, too. Drivers have to contact Uber and argue with them. Sometimes Support will honor your request for full payment if you can provide screenshot proofs. Sometimes, they will just send ambiguous messages to wear driver out and nobody wins. Driver just stops driving and goes home. Taxi cabs get more calls then. Uber stock declines. Domino effect. Blame tech support, investors.

  • @NY2Vegas
    @NY2Vegas 22 дні тому +2

    I’m sorry but not EVERY STRIP CLUB here in Vegas pays a “kickback”. Some only pay $10 per head and others pay nothing. A driver has to know which one is which AND we are not allowed to talk a request to go a certain business and “divert” them to a kickback paying location. Finally, this concept was created by the taxi/cab companies. When Rideshare came to Vegas, these places didn’t want to give any KNs to Uber and Lyft drivers. This last issue is a rare instance where Vegas drivers got together to boycott non kickback paying businesses and only recommended the few that went against not paying r/s drivers a KB.

  • @paulluna8099
    @paulluna8099 24 дні тому +2

    I bought my 2023 Toyota Corolla SE Hybrid to mitigate some of my operating expenses. All the fancy categories you guys have don't exist in my market except XL. I have saved so much money gas and frequently replacing my breaks. Also throw in the fact in the state of California doesn't require hybrids to pass emissions for 8 model years (as long as you don't sell it before then). I wouldn't say buying a new vehicle is bad as long it is for the right reasons. If you buy the fancy cars you better work on your networking skills and market the hell out of yourself to survive in this market. Otherwise stick to a beater vehicle if you are not going to market yourself.

  • @BboyBurst
    @BboyBurst 24 дні тому +3

    The rideshare professor said that the uber loss was mostly from lawsuits, but uber didn't want the public to know so they made up another story about the loss instead.

    • @bigjml
      @bigjml 24 дні тому

      He knows less about things than you think he does.
      I realised this when he was commenting about an issue relating to the UK.
      I was surprised how little he actually knew, and how he was taking information from several years ago and trying to add his own opinion
      He also tried to get Gio sacked from the Gig Economy…

    • @user-km4gm6kb6s
      @user-km4gm6kb6s 24 дні тому +1

      That's true the are getting sued every where for their dishonest practices.

  • @MegaBuzzedGaming
    @MegaBuzzedGaming 24 дні тому +3

    In-driver any good?

  • @ubermothman5584
    @ubermothman5584 24 дні тому +2

    I have a 2011Mitsubishi Outlander. I put it on Uber and Lyft but have never used it. It has 7 seats. Mitsubishi says third row is for people 5' 2" and shorter. Lyft allowed it to get XL rides. Uber does not. If I ordered Lyft XL and an Outlander showed up, I would not be happy.

  • @jsiver76
    @jsiver76 23 дні тому +1

    This is great! More competition. Prices will go down for the consumer. It will be who does the customers right. Who will support the customers the best. I have a question…. If rideshare companies and drivers have a developed a you tube channel to gripe and complain about there business woes, you might want to try a new profession

  • @CheesyMacCheese
    @CheesyMacCheese 24 дні тому +1

    You can't do what in San Francisco? You mentioned making extra money...
    Side note. I used to brainstorm my ideas for a new rideshare compact in SF while driving. I wonder if this new company's employee took a ride with me. The concepts are eerily similar. But my new rideshare company's name is the best ever.

  • @user-zl6oy9yp3r
    @user-zl6oy9yp3r 24 дні тому +2

    Sooner or later all this shit is going to rise to the top and these company’s will have to pay millions to drivers

    • @LOVEisACTIONABLE
      @LOVEisACTIONABLE 24 дні тому

      They are saving up billions and look at it as a payday bc they will never settle for less than they stole!!!

  • @bmcneil112
    @bmcneil112 15 днів тому

    I love this show 🤣😂

  • @Karinacodoso
    @Karinacodoso 19 днів тому

    I can’t believe this is happening in the USA,senator do something

  • @jaycremeans3058
    @jaycremeans3058 15 днів тому

    Why does rides in the queue just disappear before you drop your other fare off.

  • @MichaelD16
    @MichaelD16 14 днів тому

    @59:00 I had a ride even worse than that. Passenger paid $70.99. My earnings $23.96. Got the screenshot

  • @juneforrester8368
    @juneforrester8368 14 днів тому

    With the price of gas $3.00 ride is a BIG DISRESPECT to the driver

  • @pokerlife123
    @pokerlife123 21 день тому +1

    Question if you dont mind. I did my first surge last night and it paid $18 for a ten minute ride. Today when im looking at trip info it says the customer only paid $8.98 "Customer price Total amount before promotions" Is Uber paying the surge to drivers out of their own pocket or am i misunderstanding something

    • @sergioSMTMC1
      @sergioSMTMC1 19 днів тому

      Yes, sometimes Uber loses money

  • @wesleyvandivier443
    @wesleyvandivier443 24 дні тому +2

    I can’t find your new channel for stocks

  • @user-oe8oe6dw5o
    @user-oe8oe6dw5o 23 дні тому +3

    Uber and Lyft are done

  • @johnb2219
    @johnb2219 24 дні тому

    Do you wait 8 min for but only get paid for 5. For a killer bonus of .50 cents. If they wait till the last sec. Or cancel after the driver over plus the wait for a big big bonus of 3.45 cents

  • @johnb2219
    @johnb2219 24 дні тому

    A friendly message from uber. When that pickup is 18miles away. For $7.50. Unfortunately, the time spent driving to the pickup location is not included.
    Why not?That's time spent with that customer still
    Sun, Apr 21, 6:21 AM

  • @user-vh4dx8oc8y
    @user-vh4dx8oc8y 20 днів тому

    HUM is in Phoenix Arizona so is Wridz

  • @Karinacodoso
    @Karinacodoso 19 днів тому

    I waited 15 minutes to pick up a kid with his parent inside my car,Lyft paid me $2 dollars more

  • @jeffsuhre1907
    @jeffsuhre1907 23 дні тому

    I don’t drive at night so it’s not a expense I need.

  • @nickhummer5775
    @nickhummer5775 24 дні тому

    7 seat Tesla y is too small 3rd row too small . Agreed.

  • @rethaclock4251
    @rethaclock4251 19 днів тому

    I always have water and handsanitizer

  • @DarrinBills
    @DarrinBills 23 дні тому +2

    What money

  • @alanbyrne8578
    @alanbyrne8578 24 дні тому +1

    Ubers earnings miss and guidance is a disaster or for drivers. It’s going to cause them to squeeze the margins even more.

  • @derricklawson534
    @derricklawson534 24 дні тому

    90 per person…nope! It’s 40-50 per person

  • @adolphusjefferies1856
    @adolphusjefferies1856 24 дні тому +3

    ❤❤❤ Delete Lyft already!!!

  • @Karinacodoso
    @Karinacodoso 19 днів тому

    Wait 5 minutes means 78 cents

  • @LALA-Nation
    @LALA-Nation 17 днів тому

    If Uber dangle a hard to refuse 😅offer to the new ride share owner to go away, will he consider it

  • @doomba7244
    @doomba7244 24 дні тому

    I have been used and abused and a lot of money have been stolen from me in an unrightful weight.Working Uber, how can I protect my rights?And who do I talk to

    • @LOVEisACTIONABLE
      @LOVEisACTIONABLE 24 дні тому

      Most lawyers will sue but then you are permanently banned. Good luck proving anything

  • @user-km4gm6kb6s
    @user-km4gm6kb6s 24 дні тому +2

    There's an institution called the Labor department where you guys can report all of this shavings and squeems uber and lyft are doing to drivers plus not paying all online hours but you guys are to afraid to report them. Evertime there are changes like this there should be a 1 week protest and massive complaints reporting all of this changes to the labor department i beth you they would corrected right away.

    • @LOVEisACTIONABLE
      @LOVEisACTIONABLE 24 дні тому

      How much would you need to prove before a class action lawsuit??? Like hundreds of thousands or millions meaning you need proof from hundreds of thousands of drivers, so they know that getting all that and organizing it into a lawsuit is impossible

    • @user-km4gm6kb6s
      @user-km4gm6kb6s 24 дні тому +1

      @@LOVEisACTIONABLE I don't think you need a whole group of people to claim your missed wages.

  • @romannaftali2127
    @romannaftali2127 22 дні тому +1

    Let’s sell drugs.

  • @jeffwright7920
    @jeffwright7920 18 днів тому

    Jesus Crist to much bla bla bla get to the meat and potatoes

  • @omalashevich
    @omalashevich 24 дні тому +1

    one of new companies is REVO rideshare (btw stop deleting my posts, thanks)

  • @hernanposada7888
    @hernanposada7888 20 днів тому

    Fucking mouses