093 | Look At The Problem Differently | The RideShare Guy

Personal Finance
College Hacking

Talent Stacker | EP 265

What You’ll Get Out Of Today’s Show What’s in your talent stack? Inspired by content discovered over the last four years while producing ChooseFI, Jonathan

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Choose FI has partnered with CardRatings for our coverage of credit card products. Choose FI and CardRatings may receive a commission from card issuers. Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities. Disclosures.

Harry Campbell, The Rideshare Guy, talks about what it takes to be a successful Lyft Full Disclosure: We earn a commission if you click this link and make a purchase, at no additional cost to you. and Uber Full Disclosure: We earn a commission if you click this link and make a purchase, at no additional cost to you. driver, the strategies he used to start his blog, and how he transitioned from aerospace engineering to full-time blogging.

What you will hear on today's show:

  • How did Harry find out about financial independence and choose to pursue it?
  • What entrepreneurial ventures did Harry investigate before he started to really strategize?
  • How did he move from being an aerospace engineer with Boeing to running a blog about ride sharing?
  • Did Harry make his college choice because he was intending to study science?
  • What did Harry’s personal finances look like as he was transitioning from college to working professionally?
  • How did Harry’s dad become a semi-retired bassoon repair man?
  • Did Harry do anything specific to make himself stand out during the scholarship application process?
  • How did Harry’s co-workers inspire him to leave a really comfortable, lucrative job?
  • What is the pivot from being an engineer to getting interested in ride sharing?
  • Will Uber and Lyft make you rich?
  • What impacts a person’s ability to make money through ride sharing businesses?
    • Bigger cities = higher demand
    • Willingness to drive later hours and weekends = more demand and higher pricing
    • Drivers cover their own expenses (gas, depreciation, etc)
  • Most drivers are making $10-$15 an hour, a bit more in larger cities.
  • Better drivers make better money.
  • How would someone bump up their rates?
    • Find times of high demand
    • Be a savvy driver. Not every passenger or every route is good for business
  • What is the upper end of what’s possible?
  • Driving for Uber is super flexible, and can be cashed into your bank account within 20 minutes.
  • What is the Destination Filter and how does it help someone optimize their time to be an occasional rideshare driver?
  • How did Harry get started, before he had an followers or blog posts?
  • What strategies did Harry use to establish relationships with reporters, media and large-audience new outlets?
  • When did Harry make the big transition from working for Boeing to managing his website full time, and how?
  • Best cities for driving: San Francisco, Los Angeles, Chicago, San Diego, New York, Austin, Dallas.

The Rideshare Guide: Everything You Need to Know about Driving for Uber, Lyft, and Other Ridesharing Companies Price: The Rideshare Guide: Everything You Need to Know about Driving for Uber, Lyft, and Other Ridesharing Companies Full Disclosure: We earn a commission if you click this link and make a purchase, at no additional cost to you. Last Updated: 11/03/2020

Listen to Brad and Jonathan's thoughts about this episode here.

Using Destination Filters for Uber

Are Destination Filters Already Dead?

Links:

Driving for Uber and Lyft in 2017

The Oblivious Investor

The Finance Buff

YourPFPro

Financial Samurai

“The Day You Become a Better Writer” – Scott Adams

https://www.choosefi.com/093-look-at-the-problem-differently-the-rideshare-guy/

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Choose FI has partnered with CardRatings for our coverage of credit card products. Choose FI and CardRatings may receive a commission from card issuers. Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities. Disclosures.

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