My October

2017 Monthly

Uber & Lyft

Income Report

Welcome to my October 2017 Income Report! 

Last month, I claimed that October would be a great month and it was! Although I didn't quite top my $10,000 month, I got very close. 

I had my biggest weekly earning of the whole year so far with a total gross of $2,923.44. I feel like a $3,000 week is coming very soon. 

Overall, October was a great month. My monthly expenses were low leaving me to take a net profit of a little over $8,800 dollars which is the best of this year.

Even though October was great. I could have improved my earnings further. Yet again, I missed some driver incentives.

With two months to go and quite a lot of money needed to be made to reach $100,000, I expect November to be a huge month. It will be my biggest month yet and I predict to make at least $12,000.

If you have any feedback or questions for me please contact me here.

October's Rideshare Product of the Month

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10-Motor Vibration Massage Seat Cushion

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Important Events Over This October

  • October 2nd - 9th: Fleet Week San Francisco night. Arguably one of the favorite weeks of many San Francisco residents. The weekend are full of roof top parties and good times during this week. High demand as people head to the marina district to watch the blue angels and other flight shows over the entrance to the bay.
  • October 6th - 8th: Hardly Strictly Bluegrass. This is a free three day bluegrass festival in golden gate park. People all over the bay come to enjoy free music. People take a break from fleet week here as well.
  • College Football Game Day: Saturdays typically. The biggest ride of the week came from a ride a took from Stanford during a college football game. I made $98.20 in 24 minutes.

Three Insights I Took From October?

  1. Weekly Incentives makes the list again. Hit them to further your profits.
  2. Understand what events are going on around your city. Events like fleet week in Sf make it easier to earn at a fast rate.
  3. Pay attention to sporting events. They are huge profit zones. They can also be traffic trappers so be smart on your approach.

Last Month

$6,773.50

This Month

$9,733.40

Last Month

$1,297.39

This Month

$855.96

Last Month

$5,476.11

This Month

$8,877.44

 October's Weekly Earnings

  • One Week of Uber/Lyft: $2,207.23

    (Click To See Weekly Report)

 

Uber Weekly Promotions

  Top 3 Uber Rides Of the Month

  Top 3 Lyft Rides Of the Month

Income Breakdown
Total Gross Income

$9,733.40

+$2,959.90

+43.70%

Uber Earnings 

$5,714.17

+$290.86

+5.36%

Ride Earnings

$3,197.16

-$958.15

-23.06%

Promotional Earnings

$802.00

+$192.00

+31.48%

Uber Driver Referrals

$1,500.00

+$1,050.00

+233.33%

Uber Tips

$215.01

+$7.01

+3.37%

Lyft Earnings 

$4,019.23

+$2,669.04

+197.68%

Ride Earnings

$3,275.08

+$2,009.91

+158.86%

Promotional Earnings

$0.00

-----

-----

Lyft Driver Referrals

$546.40

+$506.38

+1,265.32%

Lyft Tips

$197.75

+$152.75

+339.44%

Lyft Passenger Referrals

$0.00

$0.00

%

Expense Breakdown
Total Expenses

$855.96

-$441.43

-34.02%

Car Maintenance (Oil Change)

$34.13

-$477.87

-93.33%

Gas Expense

$362.64

+$36.44

+11.17%

Car Insurance

$237.91

$0.00

0.00%

Cellular Data Plan

$106.70

$0.00

0.00%

Tickets/Fines

$0.00

$0.00

0.00%

Car Depreciation

$114.58

$0.00

0.00%

Net Profit Breakdown
Total Net Profit

$8,877.44

+$3,401.33

+62.11%

Wage/Hr Breakdown
(Passenger & Driver Refferals Not Included in Calculations)
Total Gross Wage/Hr

$35.43

+$4.44

+14.33%

Uber Gross Wage/Hr

$29.13

+$0.77

+2.72%

Lyft Gross Wage/Hr

$48.01

+$0.17

+0.36%

Total Net Wage/Hr

$31.48

+$6.89

+28.02%

Hours, Trips, & Miles
Total Hours Worked

216 h 59 min

+14 h 13 min

+7.01%

Uber Hours

144 h 39 min

-30 h 44 min

-17.52%

Lyft Hours

72 h 20 min

+44 h 57 min

+164.15%

Total Completed Trips

605

+37

+6.51%

Uber Trips

377

-101

-21.13%

Lyft Trips

228

+138

+153.33%

Total Miles Driven

4,374 mi

+438 mi

+11.13%

 

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