TokyoBulls:
So how long will it take to make the capitala + profit on a 2010 Corolla if all he gets is 30K per week? Remember it's business.

26 months!

TokyoBulls:
You are bringing emotions into business. You are not NNPC. You are not Total. You are not FGN. You are not the right person to complain to on fuel. The driver can complain but not to you. Give him a clear target and make sure the car is in top shape. I don't allow drivers bore my life with stories. If you want to work, please go and work. I don't listen to BS. Deliver X as gross/net income. If you can't, I'll look for someone else who can. I'm not a friend with my drivers. It's pure business.

You are clearly a shrewd business man but you don't have to be heartless and greedy about it! Consider people.......put yourself in their shoes at times!!

No be beans to dey road 247, with all the risks, stress, insults!

Don't poison the minds of "good heart" partners!

Thank you, Mr. Nice Guy. As a driver, you want a 30K rental on a car right? Best deal is to buy your own car. I thank God you now understand how the business runs. Buy your own 2010 Corolla and give it to a driver at 30K per week. We will then understand how shrewd I am. My greed and heartlessness got you your first car on Uber so let's always put things in perspective. I am not in business to be nice. I am in business for business. I have drivers paying my weekly rental fees and smiling home every week. I see them every week and see the significant changes my shrewdness has made in their lives so I'm gladly shrewd and heartless.

austinosita:


You are clearly a shrewd business man but you don't have to be heartless and greedy about it! Consider people.......put yourself in their shoes at times!!

No be beans to dey road 247, with all the risks, stress, insults!

Don't poison the minds of "good heart" partners!

TokyoBulls:
Thank you, Mr. Nice Guy. As a driver, you want a 30K rental on a car right? Best deal is to buy your own car. I thank God you now understand how the business runs. Buy your own 2010 Corolla and give it to a driver at 30K per week. We will then understand how shrewd I am. My greed and heartlessness got you your first car on Uber so let's always put things in perspective. I am not in business to be nice. I am in business for business. I have drivers paying my weekly rental fees and smiling home every week. I see them every week and see the significant changes my shrewdness has made in their lives so I'm gladly shrewd and heartless.

Replying this would reveal a lot, so I choose not to.

I totally agree with you. The Uber company is selfish and only thinking bout its self.

Lowering the standard was bad and they have not reviewed rates based on increased fuel prices.

I hope the GM Uber gets to read this someday.

fanex:
uber is not desperate to control the market in Nigeria, they are actually desperate to stay in business in Nigeria. they have actually failed to keep their first pool on investors (partner). basically their cars are ruined and they r yet to recover 50% of their investment. so a lot of them actually sold their cars to break even.

until uber comes to terms that its service isnt for every tom dick and harry, it will continue to fail.

uber in Nigeria is luxury and should be for a targeted market.

**** Strolling By****

Sup bro, can u connect me with a partner, I av been driving since 2000, I av a 2001 Camry, which can't be on uber, but wouldn't mind driving for a partner.

TokyoBulls:
Thank you, Mr. Nice Guy. As a driver, you want a 30K rental on a car right? Best deal is to buy your own car. I thank God you now understand how the business runs. Buy your own 2010 Corolla and give it to a driver at 30K per week. We will then understand how shrewd I am. My greed and heartlessness got you your first car on Uber so let's always put things in perspective. I am not in business to be nice. I am in business for business. I have drivers paying my weekly rental fees and smiling home every week. I see them every week and see the significant changes my shrewdness has made in their lives so I'm gladly shrewd and heartless.

TokyoBulls:
Thank you, Mr. Nice Guy. As a driver, you want a 30K rental on a car right? Best deal is to buy your own car. I thank God you now understand how the business runs. Buy your own 2010 Corolla and give it to a driver at 30K per week. We will then understand how shrewd I am. My greed and heartlessness got you your first car on Uber so let's always put things in perspective. I am not in business to be nice. I am in business for business. I have drivers paying my weekly rental fees and smiling home every week. I see them every week and see the significant changes my shrewdness has made in their lives so I'm gladly shrewd and heartless.

Yeah oga bosss,and dats why d drivers are shrewd and heartless too when it comes to maintenance.since u have no empathy towards them,they have no empathy towards ur car. Tit for tat and its jst like dat.abi no be so?

samyyoung:
Sup bro, can u connect me with a partner, I av been driving since 2000, I av a 2001 Camry, which can't be on uber, but wouldn't mind driving for a partner, my number is 08099458696,

@samyyoung Have you concluded the Uber training and on-boarding process? If so, send your resume to modupe.uber@gmail.com
I know a partner in need of a new driver. I may give you a call during the week.

Thks

msanda:

@samyyoung Have you concluded the Uber training and on-boarding process? If so, send your resume to modupe.uber@gmail.com
I know a partner in need of a new driver. I may give you a call during the week.

mrsage:


I love your assessment. I'm also in the Car Hire business and I don't particularly agree with the Uber model.

I'll love to connect with you. I also have a whatsapp group for individuals involved in Car Hire and transportation business. We network and share ideas.

How can I reach you?

@mrsage,I won't mind getting to connect with you.I really don't know how to do all these pm's on nairaland,I would have sent my personal contact details.

pls how can i go about the trainning process and onboarding? i am in abuja, though my car does not fit in, but i would not mind driving for a partner.
08065075805

I urgently need a Uber driver, someone who has completed all the training and registration process.
Contact me on 08033835390 asap

Uber is a very lucrative business but not as some people describe here. I am a partner who was a driver, the business is best if you have a fuel efficient car and your driver is willing to work at night.

Anyway, if you have a good vehicle in Lagos and Abuja you will like to use it to make money on Uber. Give me a call. I will train your drivers and show them secrets to make lots of money on the platform. Where to position themselves for riders to call them etc.
08029569044

Uber is coming to more cities soon. Port Harcourt, Enugu, Calabar, Kano etc. Take the opportunity now. Don't leave your car parked at home without use. It's still yours, no branding of your vehicle. It's just a way to make extra money in this t economy. Call me 08029569044

Cool4face:
pls how can i go about the trainning process and onboarding? i am in abuja, though my car does not fit in, but i would not mind driving for a partner.

Can you PM a Number?

let us be

.

There are challenges but the business surges on. Some of us are increasing the number of cars we have on Uber weekly and we are 'business minded' too. Perhaps all we need is better alignment between partners and drivers and a twist of the operational model. I do not see the 20% commission model working any longer. Drivers seem to want to have better freedom and more control, hence, the rental option. Also, ensure you have a solid, enforceable contract with your drivers and build a mutually beneficial playing field.

And PLEASE, avoid greed. Uber is not a 'quick money' scheme. Your RoI on the car may be between 30% to 50% per annum if well managed. Hire purchase and rental are much better options provided you get good drivers. The quality of your drivers and your management determines the results. You are better off building scale than depending on only one or two cars if you see it as business and not a means of employment for you. If your net income (after depreciation, maintenance, servicing, fuelling, toll, etc) is N10,000 to N20,000 per car, you are doing VERY well and scale will give you the return you are looking for.

TokyoBulls:
There are challenges but the business surges on. Some of us are increasing the number of cars we have on Uber weekly and we are 'business minded' too. Perhaps all we need is better alignment between partners and drivers and a twist of the operational model. I do not see the 20% commission model working any longer. Drivers seem to want to have better freedom and more control, hence, the rental option. Also, ensure you have a solid, enforceable contract with your drivers and build a mutually beneficial playing field.

And PLEASE, avoid greed. Uber is not a 'quick money' scheme. Your RoI on the car may be between 30% to 50% per annum if well managed. Hire purchase and rental are much better options provided you get good drivers. The quality of your drivers and your management determines the results. You are better off building scale than depending on only one or two cars if you see it as business and not a means of employment for you. If your net income (after depreciation, maintenance, servicing, fuelling, toll, etc) is N10,000 to N20,000 per car, you are doing VERY well and scale will give you the return you are looking for.

@TokyoBulls Considering the changing environment, could you expatiate on the Rental and Hire Purchase options. The 10 to 20k per car you also mentioned, that is per week right?

To be a partner hasn't been easy, uber needs to simplify d mode a little, too cumbersome, after uploading all details, I need a current acct which is compulsory, why?, d partner app keeps going to documents when I wanna go online.... Y @ TokyoBulls

@Tokyobulls you never replied my mail. Please check your mail and reply.
Thanks

@crispgg. My target is to make 40K to 50K per car as net income and that guides my investment decision from scratch.While it makes sense to do commission with good drivers, you need to be certain that you can monitor and be firm with the drivers. However, rental or hire purchase become better options when you do not want to monitor Uber drivers every minute of every hour of every day of every week of every month. Set a target and see pressure move from you to the drivers BUT ensure you repair, service and maintain your car(s) yourself. Drivers can hardly fuel the car so don't trust them for maintenance. Drivers are drivers but we still get some responsible ones. When you start, you will have a flock of the good, the bad, the worse than the bad, the worst and the great. As you make progress and get more experienced, you will remove the shaft from the wheat and have a saner flock. I have sacked over 30 drivers this year and am stronger and saner than when I started so don't fret. Some drivers will be with you for years, some for months and some for weeks or even days. Create a standard and stick to it.

From the business side, hire purchase is the best deal for both parties as the driver has the much needed sense of ownership, responsibility and accountability. This is my best analogy when I discuss this with prospective partners. Imagine I buy a used car for N1.5M and you get a driver (or partner) to give pay you N45,000 or N40,000 weekly for 12 months, you will earn N2,080,000 or N2,340,000 respectively. This will give you a profit earning of N840,000 or N540,000 representing 56% or 39% ROI per annum. This for me is a very good investment and you will make your money back with a profit. In fact, you will have made your full initial cost back in 9 months or less. This does not include the cost of repairs and maintenance.

There are two major things I set out for. First, I want a moderate return and by my standard, 30 to 50% is very good for this. Second, I want a short tenor. 9 to 18 months is ideal for me for this. This is very important in a hire purchase deal. I have seen partners who ask drivers to pa 55K per week for 4 years for a car on hire purchase. I can almost guarantee the driver will not complete the deal and the car will be badly used. I also want the driver to work and inherit the car as an asset. A used car transferred to the driver after one year is much better

Rental is a hybrid of both worlds. You still own the car while you get a rent on it. Simple.

@samyyoung. For you to maintain quality, you need to ensure things are done properly. Uber is a business and only current accounts are allowed for businesses (by law). The major difference between Uber and others is quality and feedback. If everything is done right, you will be able to log in and work.Thousands of partners are on the platform and have done what you are trying to do right. You will do it too and get on board.

TokyoBulls:
@crispgg. My target is to make 40K to 50K per car as net income and that guides my investment decision from scratch.While it makes sense to do commission with good drivers, you need to be certain that you can monitor and be firm with the drivers. However, rental or hire purchase become better options when you do not want to monitor Uber drivers every minute of every hour of every day of every week of every month. Set a target and see pressure move from you to the drivers BUT ensure you repair, service and maintain your car(s) yourself. Drivers can hardly fuel the car so don't trust them for maintenance. Drivers are drivers but we still get some responsible ones. When you start, you will have a flock of the good, the bad, the worse than the bad, the worst and the great. As you make progress and get more experienced, you will remove the shaft from the wheat and have a saner flock. I have sacked over 30 drivers this year and am stronger and saner than when I started so don't fret. Some drivers will be with you for years, some for months and some for weeks or even days. Create a standard and stick to it.

From the business side, hire purchase is the best deal for both parties as the driver has the much needed sense of ownership, responsibility and accountability. This is my best analogy when I discuss this with prospective partners. Imagine I buy a used car for N1.5M and you get a driver (or partner) to give pay you N45,000 or N40,000 weekly for 12 months, you will earn N2,080,000 or N2,340,000 respectively. This will give you a profit earning of N840,000 or N540,000 representing 56% or 39% ROI per annum. This for me is a very good investment and you will make your money back with a profit. In fact, you will have made your full initial cost back in 9 months or less. This does not include the cost of repairs and maintenance.

There are two major things I set out for. First, I want a moderate return and by my standard, 30 to 50% is very good for this. Second, I want a short tenor. 9 to 18 months is ideal for me for this. This is very important in a hire purchase deal. I have seen partners who ask drivers to pa 55K per week for 4 years for a car on hire purchase. I can almost guarantee the driver will not complete the deal and the car will be badly used. I also want the driver to work and inherit the car as an asset. A used car transferred to the driver after one year is much better

Rental is a hybrid of both worlds. You still own the car while you get a rent on it. Simple.

Nice one bros,pls am also looking for a partner incase u need a driver. I am a very responsible driver.Tanx

Get your driver a Total Fuel Card to monitor fuel consumption!!!!!!!!!!!!

TokyoBulls:
You are bringing emotions into business. You are not NNPC. You are not Total. You are not FGN. You are not the right person to complain to on fuel. The driver can complain but not to you. Give him a clear target and make sure the car is in top shape. I don't allow drivers bore my life with stories. If you want to work, please go and work. I don't listen to BS. Deliver X as gross/net income. If you can't, I'll look for someone else who can. I'm not a friend with my drivers. It's pure business.

Thanks @Tokyobulls...very nice explanation.

MotunrayoA:


Get your driver a Total Fuel Card to monitor fuel consumption!!!!!!!!!!!!

What if the driver diverts the product into his keg instead of the car's tank? How can one minimise or prevent this from happening?

Mhen, very first day on driving wit uber, legs of my car has started making silly notice, island roads esp d interlocking is d worse in Africa, I heard there is a partner/driver WhatsApp group, can anyone invite me

olujaidi:


What if the driver diverts the product into his keg instead of the car's tank? How can one minimise or prevent this from happening?

Tell him to take a picture of the dash board. Close range picture that will capture the fuel gauge and mileage. Then he should send it to you immediately via whatsapp.

Monitor this regularly.

http://nairametrics.com/uber-is-working-with-pwc-to-help-drivers-pay-their-taxes/

LAGOS, Nigeria, July 18, 2016/ — Charging to drive someone around Lagos was chiefly a cash-in-hand job before Uber (www.Uber.com) launched in Nigeria two years ago. To this day, the rest of the transport industry remains largely informal, with no clarity on how much money is made and only negligible tax contributions to the state.

Uber is different. Every naira is electronically recorded and accounted for. And because we insist that all drivers using Uber must be registered with the tax authorities, the potential to transform the informal sector into an important contributor to the country’s finances is significant.

As Uber becomes more popular, more people want to earn by using the app. But many of these new driver-partners are figuring out how to pay taxes for the first time. And it can be complicated. That’s why Uber has partnered with PricewaterhouseCoopers (PwC) Nigeria.

Together with the Federal Inland Revenue Service (FIRS) and the Lagos State Internal Revenue Service (LIRS), guidance has been developed to help demystify tax for potential drivers. Every person that chooses to partner with Uber and qualifies to drive using the app will receive this information so they can easily understand what they have to do and how. All driver-partners are still advised to seek their own tax advice.

Taiwo Oyedele, a Partner in PwC’s tax practice, says; “For many driver, this is the first time they are registering for tax and paying taxes, so having clear guidance on what to do is important. Further, as individuals succeed and begin to grow their own business, their tax obligations change, and this is where we find a lot of challenges.”

“Being able to bring some of the informal sector into the tax net will help government realise part of the potential NGN 4 trillion tax revenue that could be generated from the sector assuming the same level of tax contribution as the formal sector,” Oyedele adds.

Ebi Atawodi, General Manager for Uber in Nigeria, says; “The drivers using Uber know how important it is to pay the right amount of tax. We are proud to say all driver-partners are required to sign up for Uber with their Tax Identification Number (TIN), showing they have registered with the authorities. With the recent passing of the resolution on ridesharing by the Federal House of Representatives, Uber’s new partnerships will help all Nigerians embrace a sharing economy that can be a valuable contributor to the country.”

Mr Bamidele, Coordinating Director of FIRS, says “We are seeing new business models that are based on digital solutions developing in Nigeria. As we also move to upgrade our own systems, we are excited to collaborate with companies like Uber and PwC to offer a service that makes paying taxes easier for entrepreneurs. It is our duty to educate the general public on tax matters and we look forward to working closely with the private sector to create reliable and efficient solutions”.

Mr Ogunsanwo, Executive Chairman of the LIRS, shares Mr Bamidele’s sentiments, “We commend Uber and PwC for this initiative and their positive attitude towards tax compliance especially bringing the informal sector into the tax net which is a major area of focus for us in Lagos State”.

Both Uber and PwC are also discussing ways of simplifying the reporting and paying of tax in the transport sector

Hi ppl urgent info is needed on Visacover Limited. Are they for real? Do they obtain genuine insurance from the big players like Mansard etc?

Thanks