Lyft/Uber: Is Rideshare A Pyramid Scheme?
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- Опубліковано 29 бер 2018
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Feel free to ask questions in the comments and I'll answer them in future videos!
Vox On Multi-Level Marketing: www.vox.com/2016/5/12/1157746...
Huffington Post On Multi-Level Marketing: www.huffingtonpost.com/entry/...
Explanation of Multi-Level Marketing: www.investopedia.com/terms/m/...
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Rider pay $28 driver gets $5.55 that's a pyramid scheme
I LOVE your videos... You have a really entertaining personality, and you do such a good job of passing on a TON of information while keeping the videos short. Well done!
xtraorange Thank you so much!! You are so kind! :)
You’re so good at this and should have more subscribers! Thank you for all this information.
Thank you so much, you're so kind!
I've done both. I once got roped into a MLM insurance company, and I'm currently a ride share driver. The major difference for me at least. I'm actually making money with Uber instead of losing money with MLM insurance.
Definitely a huge difference. MLMs are horrible.
This video is so genious, that I am sad and depressed I didn't think about it myself. Another great video. You are always killing it.
Your Personal Driver Haha my friend asked me and I was like “omg yes great question this is video material!”
Thank you, appreciate your comments as always!
So in other words, its a scam, predatory business, at MOST!
Matthew Moselle As are most businesses. :/
Lol, that ending... Priceless
Haha thanks
Your channel is growing fast. well done!!!
Uber DC Thank you! It is moving along!
I hope you will stop by our Rideshare Reject Show this Friday. Would like to get you on the show as well some future episode.
Uber DC Not sure what that is! This weekend I’m on vacation, but perhaps sometime! Shoot me an email!
It’s a live podcast. Check out the podcast from last week. If you can’t join us this time, we definitely want you on.
I just signed up using your referral code again, this time with lyft. Love your videos.
Thank you, that's so kind! Good luck and let me know if you have questions!
I can’t help but think of Lindsay Lohan when I see you, Munchkym. I love watching your content, too. I recently began Lyft and have given a little over 20 rides so far. I like it a lot. I found your channel when I searched for tips from experienced drivers to beginners. I subscribed instantly. You’re knowledgeable and explain things very well and get straight to these point. I may even be inspired by you to start posting videos with my take on related topics. Always a pleasure watching you, Munchkym, I hope to see more videos from you soon!
Geno Bowers Thank you so much, you’re so kind! I actually used to get Lindsay Lohan a lot when I was around her Parent Trap days. Haha
I’d love to see your videos if you post one! Let me know!
Is case anyone was wondering: you have 15 days after your start driving to input a referral code. I had trouble figuring this out, but you can do it on Uber’s help page! And as always, thanks for the awesome vid (and the referral code)!
Mindful Madeline Yes, this is super helpful information, thank you! I’m glad my videos have been useful! :)
Great vids!!!
huppdaddy2 Thank you!!
What editing software do you use? I loved the ending.
ddemier ddemier Thank you! I left in more than I normally would cause I felt it added to it so I’m glad you noticed. :)
I am quite low-tech! I use my iPhone 8 front facing camera and I edit on my macbook air with iMovie! :)
I love your videos. Keep it up
The best thing a new potential lyft driver can do is just sign up straight with lyft. They pay bigger bonuses direct than if the driver uses another driver's referral code in most cases. Personally, I received $500 by going direct. I stopped referring drivers because it's not worth creating more competition for myself.
JJ, The Karaoke Rideshare Driver From what I’ve seen, Lyft will give you a driver’s code without consulting you, which is concerning. But how would you know you can get more with signing up directly than with someone’s code? Have you tested that at the same time in the same market? I’m not sure how easy it would be to test so I haven’t attempted.
In the lyft driver app, you'll see in the lower right corner " Earn $ ___" In my app it's says Earn $100. When you click the words, it shows what that means. It's the current driver referral bonus a driver gets when the new driver completes whatever they specify (rides in set time period). But, lyft is offering $500 to $1000 directly to new drivers in my market. I've seen the emails, and that is why I went with them directly instead of using a driver's code. I would rather get $500 bonus instead of only $100 bonus based on a driver who referred me.
But if they use your code, they can still get that bonus! You receive less than that, but the market bonus is the market bonus.
The last 30 seconds is super cute. LOL
Haha thanks
You are great
Thank you!
despite my push back on some of your videos, your content is very informative. You are doing an awesome job.
How do you edit your videos? I am trying to make my own videos, but find myself re-recording after "bloopers" occur.
Thank you very much! I'm actually quite simple in my content creation. I record on my iPhone8 (previously my iPhone 6) and edit on iMovie.
munchkym Ah! You edit your videos. I've been trying to do a video without editing. That explains why I can't make them seem as good as yours. Thanks for the info.
TSBilliards86 Yeah, let me know when you have one up so I can take a look!
How awesome that you drive in Boise, I went to Timberline! (SE Boise). Keep up the great work.
Andrea Christensen Oh, wow, that’s awesome! My ex went there! Thank you!!
I'm an ex employee who has been suspended without reason or justification not even aa text or an email to let me know ...I am on a mission to put together a FB account of drivers "regardless of opinion of the company" my goal is to just continue to talk and form a group of employees/former employees/and consumer and sit down on a PUBLIC social media outlet and have some LONG overdue regulations and get rid of the cold hearted algorithm that govern their system without feeling...and have a much better Employee support system because as a 20 Billion dollar company they set a standard for the "employee's" and as that company you should hold yourself AT LEAST to that standard....also has ANYONE talked to a physical real life lyft employee support personnel if so I would really like to hear your story on know why they called you and I would privately like the phone number
You are something special. I don't Drive for Uber. However I still watch your videos. What does that say. You are very talented. You are going to do great for yourself. And you are too cute
Thanks!
Just A heads up. Lyft offer's a discount on fuel.
When you reach silver it's like 20 or 25 rides. They offer fuel rewards. As of July 1st 2018 in Arizona it's .07 off a gallon. I'm at Gold ranking so I get .25 cents off a gallon.
Go into your Dash and apply.
Yeah, that's super nice! Is it only at Shell stations, though? I just get gas at Costco cause shell is more expensive anyway.
munchkym Hello again! It's a little slow here in Phoenix until the ASU students come back I was thinking of doing Uber along with Lyft can you point me in the direction for your referral code for Uber?
Thanks for your comments
Thanks!
My friend gave me the skinny, these rideshare companies gives new drivers all the good calls to fulfill their guarantee to make X amount of dollars in the first 400 rides... By the time you realize the job is BS you put 20k miles on your car and they hire 100’s more to start the process over with more suckers! The new flow of Suckers is where the Pyramid stems from... The new driver bonus is to keep the veteran suckers quiet ... quiet 🤫
Wicket AND FRIENDS PARODY While some of this is true, I’m not sure about giving new drivers all the good calls.
Thanks for your response... Yeah, he was saying if you got the base fare of 3.71 x 400 that wouldn’t add up to 2900 in your first 400 trips so they’d have to give you the long distance rides to and from... He was saying after his first 400 trips the calls drastically decreased... Good ol’ algorithm for ya... :/
It is a form of sharecropping.
You're not wrong!
You are so cute and bubbly. You have great charisma and confidence. Love your format and content. Keep keepin' it real, girl!
Thank you, you're so kind!
Dear Munchkin, I love watching all of your videos. I am also driving in Idaho. I was wondering if you can tell us what kind of camera do you use to record your videos. Please also tell us what kind of camera do you use in your car for video and audio recording. Thank you.
Abdul Azizi Thank you! I use a Vantrue N2Pro!
Oh, that’s my dashcam. To record my UA-cam videos, I record on my iPhone.
@@munchkym Great. What type of camera for security do you use inside your car?
@@munchkym Awsome. Great. Does your Vantrue N2Pro have a night vision? Do you have any issue with it at all? Do you like it? Would you recommend it for me to buy it?
Abdul Azizi It does have night vision! I don’t love the mount but other than that, it does just fine.
Munchkym, on Uber and Lyft what is the cutoff a the year I can get a car to do this...
I want to know if a 2007 Ford Crown Victoria is ok to Rideshare with
2007 might be too old. If it's not, it might become too old soon. It's hard to say, but they definitely lean newer cars.
You 1000000 percent working with the marketing department.
Nathan M. LAZER Hahahhaah they would definitely not appreciate how much I shit on their policies
Rideshare is not a Pyramid.
Graftanker 98 But it’s also not not multi-level marketing :P
Different kind of Pyramid from what I’m told... :/
Where did you get your zippered seat covers in the background?
Link in my car tour video! Just off Amazon.
I did 3 trips, got $16. All of it went to gas. So uber pays my gas to Chaffer ppl around.
Well that's some bullshit!
Yes the more you drive your car the higher the risk you have for these types of things but either way it can happen anytime time. I’ve been driving for about 5 months now part time only two days a week and it’s been a huge profitable hustle average take home $900-$1100. You’re going to drive your car anyway so turn it into an ATM keep good tax records, get an accountant that knows this type of business or speak to someone who drives full time and does their taxes accurately. I recommend this to anyone who has their car up to standards and doesn’t have a car payment for more profit. But it’s pretty easy here in Portland to have a $250+ weekend working just during the day like 10-5
gabrielanaya21 Sounds like you’re doing awesome!
gabrielanaya21 right. I do 9pm-3am on Fri/Sat nights and gross $250/weekend.
I agree. It's not MLM or Pyramid. It's a business that pushes every risk to the driver yet does not compensate the driver for the risks accordingly. The more you drive the more likely you will get into a fender bender or get a moving violation. This can cost hundreds to thousands of dollars and turns a $15/hour shift into a huge loss. I see Uber as a minimum wage job after expenses that can sometimes be a bit more profitable. With huge risks.
Yeah, totally understandable! Very legitimate criticism!
Most definitely. "Ubered/Lifted" for around ten months. It has been the worst job I've ever had, with the most irregular salary, and even though 80% of the people are usually nice, the remaining 20% totally spoils the experience. I wouldn't recommend it to anybody. And this time, I'm not even trying to tease XD.
I did it for a little over a month last year. When I did my taxes and finally totalled my receipts for gas, car washes, incidental auto expenses, I claimed a $100 loss. Total ride payments were just under $1,000.
the more you drive the more likely you have a fender bender driving on your own anyway. I"ve never had a fender bender. so whats the risk. The more you drive doesnt mean an accident will happen anway. Some people crash their car first drive . some never
Not to mention the wear and tear you put on your vehicle. You put thousands of miles on your engine, lowering the value of your car. If you end up getting suspended from Uber or Lyft, then you are stuck with a car that is less valuable. Or if you end up having mechanical problems, you now have to spend hundreds of dollars to get it fixed. What little money you saved up, now has to be spent fixing your car or putting a down payment on a newer car.
Do you have a camera for your car ? If so what brand?
I only just got it! It's a Vantrue N2 PRO! It records both inside and outside and has nightvision. I'll probably make a review video of it at some point.
Do I get anything if I use your referral code instead of just applying straight with Uber/Lyft? I mean I noticed that theres an Uber promotion regardless, it says I will get 1800 guarantee on first 200 trips
So I can't say for sure until you try it, but usually what will happen is that guarantee is not going to be helpful because you will make $1800 on the 200 trips so then you won't get any extra. But if you use my referral code, you might be offered a "bonus" instead, which could be like $50 after 20 trips or even $300 after 300 trips or who knows. It depends on your city. So if you try it, you may get a bonus, but it's up to you if you want to try or just stick to the guarantee. It's a bit of a gamble!
Uber and Lyft are NOT trying to earn a profit. They have insurmountable debt, and are holding out for the day they go public, which will make their original investors billionaires. From there, the SEC will get involved, the industry will finally get regulated, and eventually the whole system will crash. That’s assuming the ridiculously high driver turnover rate doesn’t crash the system first. The taxi industry is holding out for that eventuality, too.
None of this is shocking, really. #Capitalism
i have recently signed up for Uber and got approved but haven't received my decal yet in the mail and I didn't know about the referral codes until after i already signed up, can i still add one and if so how? i tried to contact uber to ask and them and haven't got a response
Courtneyelizabethh16 You can! Shoot me an email at Munchkym@gmail.com and I can help you out!
Munchkym, you are awesome! Thanks for all you do to keep us informed. Congratulations with this video and Keep up with your good work. Good day to you and Peace!
Thank you so much!
You are so intelegent!!!
reallife828 Thank you, you’re very kind!
Pretty tricky. Good thing I drive a three cylinder
Brian Bell How is that relevant?
You gave great information in this video but there is one large piece of information that you left out. With Uber and lift, the referral benefits only go to the single person that provided the individual promo code. The key difference with "MULTI" "LEVEL" marketing is that there are multiple "LEVELS" of "up-lines" that receive a cut of the referral. Each up-line level would receive a higher percentage of each referral and purchase from all "down-lines". I think in many cases the levels phase out around 6 or 7 "up-lines or down-lines" but I don't really remember that number exactly. (I looked into signing up for a M-L-M once, that's how I know.) So, yes, Uber and lyft do have referral programs but not in a multi level fashion. I hope you don't take offense to what I had to say. It's meant the purest of intentions. Anyways, I like your channel. you have great content
OKC Party Uber Thank you, yes! There’s really only 2 possible levels, new driver and their referer. I actually mentioned this in the previous version of my video and didn’t realize it had gotten left out of this one! Dang!
I would like to know percentage on new drivers quitting..do to low pay!
I also want to know!
I'm sure there is a high turnover.
Lip rings are trashy. You're perfectly gorgeous without one.
I'm perfectly gorgeous with one too. I didn't ask for opinions.
I watch all of your videos despite no intention of being a Lyft/Uber driver. this referral thing is particularly interesting to me, though.
FutureNow I’m glad you’re here! Referral is definitely fascinating. I could talk about this stuff forever! Haha
Dude, you watching because she's beautiful, just stop stalking and stop the creepiness, please
Critical Thinker It’s not creepy. I watched a video of a kid reviewing a rap song today because the kid was entertaining. When you present it in an interesting way, people will watch. Leave the guy alone.
ok cool ,so if you happen to be my driver one day, i am safe to flirt ;)
now who is being creepy
Is that like saying that there is a difference between shell shock and PTSD?
Brian Bell Legally, there’s a difference between pyramid scheme and multilevel marketing. Practically, all pyramid schemes are mlm but not all mlm is a pyramid scheme.
munchkym thank you for your insight
Brian Bell Anytime!
You got yourself your first patron on patreon
Thank you so much, you are so kind!
lol only $5 dude you are an Arab man, just give her the amount of 10l oil
I would never use ride share. Taxi have been around forever, and are regulated. It seem most people who are driving and on UA-cam are entitled spoiled people who are to lazy to get a real job.
Bill Green That’s a lot of wild and unfounded assumptions you have there 😂
What do you think about knowing the rider's destination before accepting a ride?
What do you mean? We currently can't see that info first.
Do you think you should be able to see it though?
Monica Lewinsky Probably not because then drivers would refuse the short rides.
I think it would be useful to know. Maybe some people would prefer to only take shorter rides. Maybe they want to work in a certain area.
Don't ever cut your hair Uber girl!!!
Oh boy do I have news for you
Because the less money that one must spend on fuel and other things, the bigger the return on investment.
I would love some of that recruitment money. I sometimes wonder if putting more drivers out there would create less demand
Brian Bell Do you mean demand as in how much they will pay for new drivers? Because 100%, yes.
I got $750 bonus with uber for 100 rides and now im about to go for the $750 bonus with lyft. But lyft rides come with wait time. and that's no fun.
Alex 10,000 Yeah, wait time is boring. I have been learning new languages on duolingo during wait time!
What market do you live in?
Do you believe a few people doing rideshare make six figure a year just driving alone?
Do you think drivers can make 3,000 a week doing rideshare alone?
TEXASMADE I work in the Boise market! I think it’s possible to make $1000-$2000 per week in a really good market working like 60 hours a week, but $3000 is really pushing it. I seriously doubt anyone at all is making 6 figures with rideshare, but I suppose it’s possible. But really bad on your body, health, and car.
Story time!
LastMumzy Haha not quite for this one!
Think I'm in love 😍
haha uhh
i try to keep my car presentable, so I thought that I could share with You and other drivers that i used Stainmaster carpet cleaner on my upolstry and it did not look like I ever had kids or dogs in the car. and enogh tips to pay for the can of cleaner.
Brian Bell That’s great, solid advice thank you!
Does anyone else watch her videos just to listen to her talk? No just me? Ok.
I actually have a lot of people say that! :)
Why the fuck is this in my recommendation list ??
Suppose that depends on what you've been watching.
munchkym well it would have nothing to do with uber or any crap like that.
PS uber eats is even more of a shitty scheme. I hope someone poos them self in ya car...
yes, the only reason people tune in, because of red hair and blue eyes, shes actually clue-less and repeats the same things alot more famous drivers do like uberman and the others.
Some people, without a doubt are just here because they fetishize me. Which is disgusting and a problem and not something I encourage.
But to say I'm clueless and merely repeating others without providing original content is just factually incorrect and belittling of the hard work I put into my videos.
Hey what in ya back seat is that for ya riders????
Ronel Brown It is! You can see it in my video “Lyft/Uber: Car Setup Tour”
Im signed up and was going to start driving tomorrow, but after watching your videos and others I cant do it in good consience. So much of it makes no sense for the driver. A risky proposition overall.
Alex Foley Understandable! Always do what’s best for you!
pyramid scheme how she figure that. you really dont need to refer people. just drive and collect your money🤔
That's why I said it's not a pyramid scheme... did you watch the video? Haha
It is kind of a pyramid scheme. Cuz the company can only stay afloat if new people are signing up all the time.
You left out Amway
parth mehta y
Amway has been investigated in various countries and by institutions such as the Federal Trade Commission (FTC) for alleged pyramid scheme practices. The FTC officially determined the company's sales plan was not an illegal pyramid scheme, because you need to sell products in order to make a profit.
Yeah, there's lots, couldn't list them all.
Taxes are no joke, better get on a W2. Only work with apps if you have to eat
Steve BONTRAGER It’s definitely helpful to have another income!
munchkym Oh yes, I see, a day job to support my day job :-)
Haha I've always said Uber/Lyft isn't great as a full-time gig.
I wouldn't recommend doing a ride sharing job as a full time. I have a full time job and use Lyft as "part time". I still managed to get a refund. Keep ALL your receipts and track your miles with QuickBooks!!.
I think the goal for ridesharing is driverless cars. It's a matter of time.
Eventually! But it won't come quickly.
Then the question after driverless is how will the insurance work? Should be cheaper if the car is always going to speed limit, complete stops, turn signals etc.
UTSB Yeah, probably! They’ll likely still have “drivers” they just won’t be operating unless they need to take over. Which is probably a lot safer considering that it appears every crash with a self-driving vehicle so far was caused by an external human.
munchkym we still got at least 10 years. The recent incident did not help Uber at all.
It’ll come in a very small platform and could never be viable as the norm. Uber’s pricing model is a huge loss, so they could never afford the assets needed to replace the driver market they created. Assuming Google or Amazon doesn’t get there first, of course.
You ever had a bunch of drunk punk rockers in your uber?
GHOST JAZZKHILL Haha plenty of drunk people but punk rockers? Not sure!
Interesting video. Uber and Lyft were smart to have referral bonuses due to their high turnover of drivers. Both companies have traits similar to Pyramid Schemes/MLMs as you described but overall I think they are something a bit worse/better. They are better because you can in fact get "rich" using their companies as a stepping stone. Examples of people making good money from Uber/Lyft are the Simple Driver (Calvin), Uberman, and Rideshare Guy. All three understand the branding portion of the platforms and see the many different ways you can use Uber/Lyft as a BUSINESS to make multiple streams of income.
The worse part, which is in part due to the ignorance of drivers, is the lack of education. Many drivers don't understand this is a business. Many don't understand the operating costs, how to file taxes for this business, how to write things off, etc. Although most of this content can be found on UA-cam both Uber/Lyft don't really do a good job of informing their drivers. Also Uber/Lyft are extremely shady companies with terrible practices such as charging passengers more and not giving drivers our fair cut (upfront pricing).
That's just my 2 cents. Great video though! You're doing a great job of branding just with these vids!
For sure, I make my videos to try to help with the education.
Munchkin went to use your referral code an Uber support wanted first & last name phone # & email...your call tks
Hey, shoot me an email at Munchkym@gmail.com !
uber isn't making a profit... please remove that metal from your mouth.. you are a gorgeous girl get rid of that garbage.
wookieiam1 I’m a gorgeous girl with it as well. You’re welcome to not look at me. :)
munchkym I love the color of your hair...
I wasn't out to offend you... but hey.. it is what is ... ..
wookieiam1 Well, whatever you were intending to do, you failed. It was a rude thing to say. Unless someone makes a video that says “what do you think about my lip ring?” maybe keep your opinion on it to yourself.
You are in a public domain ... and the lip ring looks like crap.. take it out someday.... .. that's the truth .. forget it add five more. And put some in your eyelids too.. why do you deliberately deform your body... ? Don't you know your body is a gift from God? If you had cancer and your mouth was deformed you would cry bitterly. No like a senseless animal you disfigured and deform yourself.. No one has the nerve to tell you how foolish this is..
Nope. Not multi level. Only pays out on 1 level.
Raven's Reflections Truuu!
And funny lol
Robert Perham That one comes from years of watching funny things :P
Mirror, mirror, on the wall, who's the prettiest of them all? Munchkym.
Keo Haha thank you!
I don’t know about “of them all”. J-LO gets that one.
Hahah she is quite lovely!
munchkym You're a Scorpio?
Keo Yup!
These Rideshare companies are the devil....!!!!! Taking advantage and abusing driver's..... nothing else
Timothy Wong yes you are correct. But currently the job market in America is terrible. People are desperate.
Back in my day companies like Phillip Morriss and all the tobacco companies they wanted just your lungs..Uber and Lyft wants your SOUL
Ha ha get a CDl and drive for a company or bus. See how many stand by time you don't get paid for.
You're not wrong.
Splitting hairs here. How and when will I ever be in the position to get someone to drive for Uber or Lyft.
Screw the recruitment bonuses and get you heavily discounted brakes, car washes, oil changes, tires, practical stuff. Most people will take this in lieu of more money. Because money is money and it doesn't care what it's spent on. I was going to rent a car through Hertz until I saw there was a $2000 deductible on damages even if it was not my fault. And I refuse to to drive my personal car because I, like you munchkym enjoy driving. Try driving a BMW 330xi and you'll quit ride sharing just to drive the open road and take turns at 50 mph while accelerating. I think this whole thing will collapse soon when people realize the damage it does to cars even under the best of conditions. And where I live near SF California, the roads are trash in the areas you can make money. Also, they don't allow drivers to carry weapons. Even if like me you are trained in firearms and ex military. Drivers are in the most prone position and frankly and you get deactivated if you don't accept rides in s**t areas.
Please be safe out there munch. TBH you can do a lot better and hope you are in school working towards a batter career.
Not everyone wants to do it, but many will sign up. I'm getting a PhD and have a career.
Can you please explain why you're SO pretty? 😊😊😊
Robert Perham “It’s genetic and unattainable.” -Parks and Rec
A service fee is not shady business. It's their business you are a third party employee they can take 100% of that service fee. It's their service. We still get 75% of the ride total as they promised.
I disagree, I feel it is deceptive to the riders, especially since they assume more is going to the drivers.
munchkym Let's agree to disagree then. It's only a side job for most anyway. Those doing this full time it may be hurting in the long run.
Talk slowly
UA-cam allows you to slow down the video.
I tried that, but it was so boring.. I need some time to process. didn't you hear of what's called *accessibility*?
Critical Thinker That’s why I provide accurate captions. You can also pause.
I only watch her vids cause I love redheads 🤷🏽♂️
vme1111 Well that makes me a bit uncomfortable but whatever floats your boat I guess
munchkym wasn't said for your comfort
vme1111 Well that’s inconsiderate.
munchkym I know
I like your videos, but could you speak a little slower?
George Lambert Thanks! UA-cam has a feature to slow things down if it’s too much for you and I provide accurate captions. Hopefully that helps! :)
Lol huge jerk here both companies are ran like pyramid scheme
roy hollingshead Did you not hear where I said that in the video? “Does Uber and Lyft use multi-level marketing? In short, yes.”
munchkym lmao i was just being a huge jerk
roy hollingshead Haha yeah! You huge jerk! :P
munchkym thats why my customers love me
roy hollingshead Haha I bet!
You are so pretty
Pedro Olvera Thank you!
o god girl sell out much. sad
Aaron David Haha whatever makes you feel better!
no its about making you feel better obviously. Always about free money right. inevatibly you will stop messagin me again cos you got nothing. wnat to start now?
Troll