flexxyworld:



people like you are the reason everybody wants to put up a car on uber thinking this is what the true picture really is.. trust me, even grossing 100k weekly for 8weeks consecutively, either the car develops one or two issues that slows down the pace of earning or body breaks down.. moreover, you didn't calculate feeding, call card, data, and other miscellaneous that are in evictable.. let's stop misleading people and let's always try to be factual. some gullible people too are following this thread. if it was that easy and predictable, nobody will be on rental cuz them go don safe up buy their own Corolla..

Why are you people so quick to say otherwise, i gave my calculations based on gross earnings and normal expenses you can't bypass like(fueling).


Other expenditure now depends on your spendings which varies weekly.

That 160k i gave as commission isn't upto that cuz everyone gets either 8%, 12% or 15% at a certain threshold in a week which means the 160k maybe lesser within 8weeks on 800k gross earnings...

This is the truth but that doesn't mean car owners would increase their remittance, only greedy partner would do that while a reasonable partner would know it goes beyond just fueling and driving...


Like I've said before, I'm not here to argue this cux if i continue, I won't argue within words but facts and proofs.

Pls lets not drag this further anymore..

@ olayetan
If you were asked for your monthly salary?

Will you add that of your colleagues to it. So y r you quoting gross, who does that?

We r interested only in what you take home.

And I hv not found anyone dt takes home 100k/ week doing Uber.

So 800k in 8 weeks is null and void.

Olayetan:


I'm not here to argue, I've only stated my point which that 800k is very much feasible as gross earnings within 8weeks.


160k is the commission

You have 640k.
Let's say you use 200k fuel,
You have 440k left
Plus little bonuses you were able to meet up.
Lets say roughly 50k bonuses for that 8weeks
You have 490k as your net within 8weeks.

How you now minimize your daily and weekly expenses is now left to you to maximize your savings.

Simple mathematics shows it is probable if you do roughly 14.5k daily.

7days x 8weeks = 56days
800k / 56days = 14,286

With an app that doesn't collect commission?..maybe.

Slickleo:



So d driver na radiator, na only water he dy drink

Did you read where I said How you now minimize your daily and weekly expenses is now left to you to maximize your savings.


Of cause we all have our daily expenditure,
That expenditure is what will determine what you are left with from what i calculated as your net, it varies and reason why I can't give calculations on that...

You are such a clown. I remember your story now about being cash stranded. Only a fool will take you serious.

Olayetan:



As i told you before, not here to argue.

Your expenditure for that weeks will now determine your profit for the weeks.

Do you spend alot on your car every 8weeks aside from the regular servicing?

You are now relating what happened to me to my earnings, haba is that how you reason?, Despite the fact you read where I said i used the whole cash on me.

Cux i claim to earn that means i must have cash with me all the times...


The screenshot below is just 9weeks bonus

Olayetan:


I'm not here to argue, I've only stated my point which that 800k is very much feasible as gross earnings within 8weeks.


160k is the commission

You have 640k.
Let's say you use 200k fuel,
You have 440k left
Plus little bonuses you were able to meet up.
Lets say roughly 50k bonuses for that 8weeks
You have 490k as your net within 8weeks.

How you now minimize your daily and weekly expenses is now left to you to maximize your savings.

No maintenance abi?

Crvrider:


Simple mathematics shows it is probable if you do roughly 14.5k daily.

7days x 8weeks = 56days
800k / 56days = 14,286

With an app that doesn't collect commission?..maybe.

You said mathematics,

In real life, how possible is it to drive 56 straight days without a break?

Slickleo:



So d driver na radiator, na only water he dy drink

The feeding aspect can be dealt with. Anytime I work full day, I eat before leaving the house, and then pack one for the road.

Slickleo:



So d driver na radiator, na only water he dy drink

Ordinary water for radiator?
Ask ọga gazzuzz, aunty rad dem go tell you say only water no good for radiator. You suppose dey use better coolant make radiator no begin scatter from inside

davit:
You are such a clown. I remember your story now about being cash stranded. Only a fool will take you serious.

You're right.


Let the fools believe.

northbird:
@ olayetan
If you were asked for your monthly salary?

Will you add that of your colleagues to it. So y r you quoting gross, who does that?

We r interested only in what you take home.

And I hv not found anyone dt takes home 100k/ week doing Uber.

So 800k in 8 weeks is null and void.

How can you determine what you take home when your earnings isn't fixed?

Are you a salary earner that collects a certain amount monthly

I gave a feasible calculations on what is possible weekly.

Pls I'm not here to waste time to make you have a diverse thought on this...

northbird:


You said mathematics,

In real life, how possible is it to drive 56 straight days without a break?

Its a target, you might push yourself to do it. Humans have been seen to do remarkable things when they set their minds to it. But then, owning the car makes a big difference. Like I said, its a probable feat, though I disputed initially until I looked at it in daily terms for a period of time.

Crvrider:


Simple mathematics shows it is probable if you do roughly 14.5k daily.

7days x 8weeks = 56days
800k / 56days = 14,286

With an app that doesn't collect commission?..maybe.

I gave a calculation where i deducted 20% from the 800k and sometimes you don't get to be charged 20% for the full week cux every week, they give a certain trips to get 8%, 12% or 15% on subsequent trips..



Its now your expenditure within those weeks that will determine what you are left with...

northbird:
@ olayetan
If you were asked for your monthly salary?

Will you add that of your colleagues to it. So y r you quoting gross, who does that?

We r interested only in what you take home.

And I hv not found anyone dt takes home 100k/ week doing Uber.

So 800k in 8 weeks is null and void.

If you were asked your monthly salary you will tell the exact amount( if its 100k, you say it), remember you will not start tell people how much fuel you use to work or how much food you buy from your salary. So the guy made it clear #GROSE. He is not talking about how much the guy would save

hvac:

If you were asked your monthly salary you will tell the exact amount( if its 100k, you say it), remember you will not start tell people how much fuel you use to work or how much food you buy from your salary. So the guy made it clear #GROSE. He is not talking about how much the guy would save

As in

I don't know how that is hard for them to comprehend...

Chillex, babadee, davit, jaydee, donfortune, gentlelife., pls, how is d island/ Lekki- Ajah corridor.?

Abeg, any updates.

Is there fuel scarcity?

northbird:
Chillex, babadee, davit, jaydee, donfortune, gentlelife., pls, how is d island/ Lekki- Ajah corridor.?

Abeg, any updates.

I’m not working today.

hvac:

If you were asked your monthly salary you will tell the exact amount( if its 100k, you say it), remember you will not start tell people how much fuel you use to work or how much food you buy from your salary. So the guy made it clear #GROSE. He is not talking about how much the guy would save

You come into d discuss wtout knowing wat transpired.

Let me give you d background. Godfather said you can make 800k in 8weeks. So that d newbie can add n start a biz to augment income from uber.

I said 800k in 8 weeks is not possible.

Olayetan came n said its possible with his projections.

Then he came back LATER and said his projections were based on gross income,

Then I asked him, who projects on gross income? d reason d salary question came out.

For instance, if you r asked your salary expectations this week as an Uber driver, will you quote 100k? If yes, then what's d probability of doing 100k in 8 straight weeks.

I put it to olayetan himself, when was d last tym you made 100k /week on Uber

If you can't take home 100k in a week, then 800k in 8 weeks is null and void.

Its pretty straight maths.

Thread don scatter...

Mind you guys... The gods are watching...

Sooner or later

Rental will be 35k/week

HP 4.5m for 2003 corolla
4m for 2003 biggy
Corolla sport 5m
Civic 3.5m
EOD 9ja used 2.5m
All 9ja used coro 2.5 to 2.8m

All with 35k weekly payment.

To register a bolt acct according to Uche would soon be 100k
Uber account will be 20k
Indriver free

Lagos State government is increasing tax by 200% after the curfew is being lifted to recoup money lost to the protest/riot. So guys brace up.

Me I don deactivate My account with uber already, na inter state things right now... I can't come and kill myself inside lagos traffic with long pickup and short drop off untop 25% commission. What is left at the end of the day?

Stupid app
Stupid government.

northbird:


nobody is interested in gross earnings, we r interested in the actual money you can possibly take home

And that will happen in 8 straight weeks.

You r a damn good analyst. Where did the 50k bonus come from.?

In 8 straight weeks, you won't fix a car you flog 6 days/ week. No car issues. . You better wake up to reality, Uber is a side hustle.

Cos all the projections you made up there is pure dust.

Wait a minute, were you not d same guy that cudnt forgo 2k n had to brave the odds to drive during curfew around 3.30am @ mega chicken ? ,

Infact, you told us you had no shishi on you to square the MIB., that they took your vehicle to d station.

, if ur projections r valid, then you wudnt have had dt experience

D question still stands, how will 800k emerge in 8 weeks. . From a tasking job such as driving around Lagos. ?

Net earning is calculated for a salary earner as Salary after tax.

Net earning for an Uber driver is money left after commission.


Fuel, recharge card, feeding, etc., although are cost incurred in the course of doing the work, they are not fixed and should not be deducted at the face value in calculating net income.

If you factor these in, then we are looking at what is left as savings.

A worker living at Ikorodu and works at Lekki incurs transportation cost, feeding cost, recharge card, medical bills, etc., yet when you ask him about his net income, he will tell you what the employer hands over to him at the end of the month.

That's the reason the person is working in the first place. To foot these bills.

Whatever is left as savings afterwards is relative to the individual.

This is where variables like the type of car one uses, the place you live, the driving times (surge hours), the risk appetite (very important in this job), etc., come to play to determine the overall take home.

Northbird... Who provoke you na...

Guy be calming down ooh... Lol

Felicity0001:
Thread don scatter...

Mind you guys... The gods are watching...

Sooner or later

Rental will be 35k/week

HP 4.5m for 2003 corolla
4m for 2003 biggy
Corolla sport 5m
Civic 3.5m
EOD 9ja used 2.5m
All 9ja used coro 2.5 to 2.8m

All with 35k weekly payment.

To register a bolt acct according to Uche would soon be 100k
Uber account will be 20k
Indriver free

Lagos State government is increasing tax by 200% after the curfew is being lifted to recoup money lost to the protest/riot. So guys brace up.

Me I don deactivate My account with uber already, na inter state things right now... I can't come and kill myself inside lagos traffic with long pickup and short drop off untop 25% commission. What is left at the end of the day?

Stupid app
Stupid government.

Bro I msg u chk email I go like run dat inter state

northbird:


You come into d discuss wtout knowing wat transpired.

Let me give you d background. Godfather said you can make 800k in 8weeks. So that d newbie can add n start a biz to augment income from uber.

I said 800k in 8 weeks is not possible.

Olayetan came n said its possible with his projections.

Then he came back LATER and said his projections were based on gross income,

Then I asked him, who projects on gross income? d reason d salary question came out.

For instance, if you r asked your salary expectations this week as an Uber driver, will you quote 100k? If yes, then what's d probability of doing 100k in 8 straight weeks.

I put it to olayetan himself, when was d last tym you made 100k /week on Uber

If you can't take home 100k in a week, then 800k in 8 weeks is null and void.

Its pretty straight maths.

Guy,

go back and read what I said initially, maybe this time, you will open your mind to assimilate...

I said gross: possible,

Then i calculated your net without your expenditure so where did i calculate 800k as your net.

PuZZyNegro:


Net earning is calculated for a salary earner as Salary after tax.

Net earning for an Uber driver is money left after commission.


Fuel, recharge card, feeding, etc., although are cost incurred in the course of doing the work, they are not fixed and should not be deducted at the face value in calculating net income.

If you factor these in, then we are looking at what is left as savings.

A worker living at Ikorodu and works at Lekki incurs transportation cost, feeding cost, recharge card, medical bills, etc., yet when you ask him about his net income, he will tell you what the employer hands over to him at the end of the month.

That's the reason the person is working in the first place. To foot these bills.

Whatever is left as savings afterwards is relative to the individual.

This is where variables like the type of car one uses, the place you live, the driving times (surge hours), the risk appetite (very important in this job), etc., come to play to determine the overall take home.

Net income is after tax is deducted. Agreed.

I'm interested in d take home, cos fuel is an input you expend going forward, in accounting, else, it would amount to double counting, it must be reimbursed back cos it didn't come out from d thin air.

So your Net in the Uber/taxify parlance should be

Net income = Gross income - Commission - Fuel used

northbird:


You said mathematics,

In real life, how possible is it to drive 56 straight days without a break?

This still doesn't affect the fact that you can gross 100k weekly.

I don't go out every Mondays tho.

Thank you brother, I've been wondering what the argument is about. Even if the figures seem high. A salary earner will still have the same expenses as someone in ehailng, only if your company provides some amenities like recharge cards, a staff bus or official car. We complain about driving being stress. Some of these jobs are damn too stressful. At least I know people who have resigned from over a million pay check because of the stress. The only good thing about being a salary earner is you get paid even with no working hours like annual leave, sick leave, public hols etc. But ehailng na pay as you work

PuZZyNegro:


Net earning is calculated for a salary earner as Salary after tax.

Net earning for an Uber driver is money left after commission.


Fuel, recharge card, feeding, etc., although are cost incurred in the course of doing the work, they are not fixed and should not be deducted at the face value in calculating net income.

If you factor these in, then we are looking at what is left as savings.

A worker living at Ikorodu and works at Lekki incurs transportation cost, feeding cost, recharge card, medical bills, etc., yet when you ask him about his net income, he will tell you what the employer hands over to him at the end of the month.

That's the reason the person is working in the first place. To foot these bills.

Whatever is left as savings afterwards is relative to the individual.

This is where variables like the type of car one uses, the place you live, the driving times (surge hours), the risk appetite (very important in this job), etc., come to play to determine the overall take home.

quote author=davit post=95272337]You are such a clown. I remember your story now about being cash stranded. Only a fool will take you serious. [/quote]

Felicity0001:
Northbird... Who provoke you na...

Guy be calming down ooh... Lol

Congrats Bro. . God will marshal more resources your way.

Olayetan:


This still doesn't affect the fact that you can gross 100k weekly.

I don't go out every Mondays tho.

Is 100k your salary weekly on Uber?

Thank you brother, I've been wondering what the argument is about. Even if the figures seem high. A salary earner will still have the same expenses as someone in ehailng, only if your company provides some amenities like recharge cards, a staff bus or official car. We complain about driving being stress. Some of these jobs are damn too stressful. At least I know people who have resigned from over a million pay check because of the stress. The only good thing about being a salary earner is you get paid even with no working hours like annual leave, sick leave, public hols etc. But ehailng na pay as you work

PuZZyNegro pos [quote author=PuZZyNegro:


Net earning is calculated for a salary earner as Salary after tax.

Net earning for an Uber driver is money left after commission.


Fuel, recharge card, feeding, etc., although are cost incurred in the course of doing the work, they are not fixed and should not be deducted at the face value in calculating net income.

If you factor these in, then we are looking at what is left as savings.

A worker living at Ikorodu and works at Lekki incurs transportation cost, feeding cost, recharge card, medical bills, etc., yet when you ask him about his net income, he will tell you what the employer hands over to him at the end of the month.

That's the reason the person is working in the first place. To foot these bills.

Whatever is left as savings afterwards is relative to the individual.

This is where variables like the type of car one uses, the place you live, the driving times (surge hours), the risk appetite (very important in this job), etc., come to play to determine the overall take home.

northbird:


Is 100k your salary weekly on Uber?

Na wa for u o.

I'm out this argument.

Free passage at toll gate......no payments till further