Home SK - Stocks, Property, Investment Chamas - Investment Groups BIZ - Small Business Soko - Market Wazua Life About Wazua
SIGN IN REGISTER
Tuesday, Jan 24, 2017
SME
To contribute to these and use other features, please register.
LATEST DISCUSSIONS
Cyber cafe business [4]
Website [10]
Advise for Matatu Vehicle Tracker -Quality &, C... [6]
Nothing wrong with being employed [4]
Car hire [37]
Accounting Books [1]
Uber as an Investment [74]
Matatu Business [917]
Facebook/Twitter [8]
Have you ever failed flat in business? [157]
Overdraft /salary advance [11]
the power of agency banking [24]
Harsh business style of management [26]
Tea and Coffee farming [3]
Am selling my plot in Murera shopping centre.. [1]
 
Forum Jump








Welcome Guest Search | Active Topics | Log In | Register

4 Pages«<234
Uber as an Investment
doubletap
#61 Posted : Tuesday, November 22, 2016 11:02:41 PM
Rank: New-farer


Joined: 7/17/2014
Posts: 68
Location: Wherethewindblows
Lolest! wrote:
Angelica _ann wrote:
Mkondoa Macho wrote:
Swenani wrote:
Lolest! wrote:
mawinder wrote:
doubletap wrote:
kangi wrote:

You only need good systems. The biz is growing. I have not one, two or three units, all do more than 60k a month.


Can you elaborate on the system of checks and balances that you use? tw.peas[at]gmail.com or here for all. 60K is net ama gross?

Can't the driver occasionally switch off Uber to do his own stuff??

They do!

Also, as one of them pointed out, you can also collude with clients to cancel trips. Then driver pockets trip amount


why woul I cancel a trip?There is cancellation trip fee charged on your next trip as a customer

I would cancel if I get the ride, and the cost is significantly lower than the cancellation fee and the price the driver charges.

Cancellation doesn't make financial sense to the client!!!

I think it does, depending on distance!

I think we all agree there are distances that make sense to be undertaken by cab and those that other modes of transport would do.

By the way how much do drivers make a month if the owner makes over 60k? Commission of fixed?
You have to learn the rules of the game. And then you have to play better than anyone else - Albert Einstein
iKenya
#62 Posted : Wednesday, November 23, 2016 2:07:18 AM
Rank: Member


Joined: 7/27/2008
Posts: 240
doubletap wrote:
Lolest! wrote:
Angelica _ann wrote:
Mkondoa Macho wrote:
Swenani wrote:
Lolest! wrote:
mawinder wrote:
doubletap wrote:
kangi wrote:

You only need good systems. The biz is growing. I have not one, two or three units, all do more than 60k a month.


Can you elaborate on the system of checks and balances that you use? tw.peas[at]gmail.com or here for all. 60K is net ama gross?

Can't the driver occasionally switch off Uber to do his own stuff??

They do!

Also, as one of them pointed out, you can also collude with clients to cancel trips. Then driver pockets trip amount


why woul I cancel a trip?There is cancellation trip fee charged on your next trip as a customer

I would cancel if I get the ride, and the cost is significantly lower than the cancellation fee and the price the driver charges.

Cancellation doesn't make financial sense to the client!!!

I think it does, depending on distance!

I think we all agree there are distances that make sense to be undertaken by cab and those that other modes of transport would do.

By the way how much do drivers make a month if the owner makes over 60k? Commission of fixed?



It should be commission based to further motivate the drivers, normally they will take home about 40K or more...THe main issue is the operational expenses, fuel, wear and tear etc. If you can minimise those (Newer car?) and get two drivers so that your can is basically on the raod 24hrs, you could be on the 70-100K net for the car owner in a good month.
Quote:
Buy when there's blood in the streets, even if the blood is your own...
bird_man
#63 Posted : Wednesday, November 23, 2016 9:32:28 PM
Rank: Veteran


Joined: 11/2/2006
Posts: 1,158
Location: Nairobi
iKenya wrote:
doubletap wrote:
Lolest! wrote:
Angelica _ann wrote:
Mkondoa Macho wrote:
Swenani wrote:
Lolest! wrote:
mawinder wrote:
doubletap wrote:
kangi wrote:

You only need good systems. The biz is growing. I have not one, two or three units, all do more than 60k a month.


Can you elaborate on the system of checks and balances that you use? tw.peas[at]gmail.com or here for all. 60K is net ama gross?

Can't the driver occasionally switch off Uber to do his own stuff??

They do!

Also, as one of them pointed out, you can also collude with clients to cancel trips. Then driver pockets trip amount


why woul I cancel a trip?There is cancellation trip fee charged on your next trip as a customer

I would cancel if I get the ride, and the cost is significantly lower than the cancellation fee and the price the driver charges.

Cancellation doesn't make financial sense to the client!!!

I think it does, depending on distance!

I think we all agree there are distances that make sense to be undertaken by cab and those that other modes of transport would do.

By the way how much do drivers make a month if the owner makes over 60k? Commission of fixed?



It should be commission based to further motivate the drivers, normally they will take home about 40K or more...THe main issue is the operational expenses, fuel, wear and tear etc. If you can minimise those (Newer car?) and get two drivers so that your can is basically on the raod 24hrs, you could be on the 70-100K net for the car owner in a good month.


So owner 80k a month
Driver 40k a month
Uber 20% of revenue
Fuel and maintenance(24hr car)
How many trips would you be making per day?And at what average price?I prefer working backwards.
Formally employed people often live their employers' dream & forget about their own.
Lolest!
#64 Posted : Thursday, November 24, 2016 12:41:01 PM
Rank: Elder


Joined: 3/18/2011
Posts: 9,375
Location: Kianjokoma
Gathige wrote:
streetwise wrote:
You are right, the yellow cabs are just that YELLOW.

Wonder why any one would use them ?



I think the yellow cabs are the SI Unit for wrong price.

Their cost per km is higher than Uber's! If the yellow cab guy drops you at your destination, he has to move back to his base station without a passenger. This dead mileage has to be factored in. The Uber guy on the other hand gets a return trip

The yellow cab guy might have to deal with very loyal customers and those concerned with security at their homes

Laughing out loudly smile Applause d'oh! Sad Drool Liar Shame on you Pray
Ryko
#65 Posted : Thursday, November 24, 2016 2:16:08 PM
Rank: New-farer


Joined: 5/27/2016
Posts: 23
Location: Nairobi
You can not really blame the yellow guys. Uber has standards. I hear they only accept KC******, they only accept from 2008/ i guess 8 year old cars. Hawakkubali vitz na mademio anyything under 1500 cc

If you have an old car na hukubaliki uber or the other kina mondo, what do you do? Weka yellow ama hire. Old is NOT gold when it comes to uber
kangi
#66 Posted : Friday, November 25, 2016 1:43:37 PM
Rank: Member


Joined: 7/23/2009
Posts: 506
doubletap wrote:
kangi wrote:

You only need good systems. The biz is growing. I have not one, two or three units, all do more than 60k a month.


Can you elaborate on the system of checks and balances that you use? tw.peas[at]gmail.com or here for all. 60K is net ama gross?

The key person here is the driver. I give instructions that they deposit 2500 everyday by 10am. The vehicles are fitted with tracking gadgets and any trip outside Nbi has to be with my permission. Issues za bundle, fuel and commissions are on their side.By this they have motivation to work for themselves after meeting my target.

I have been checking and the guys mostly take home on average more than 2k per day after expenses and they remain focused.
Accept no one's definition of your life; define your life.
heri
#67 Posted : Sunday, November 27, 2016 8:48:58 AM
Rank: Member


Joined: 9/14/2011
Posts: 483
Location: nairobi
kangi wrote:
doubletap wrote:
kangi wrote:

You only need good systems. The biz is growing. I have not one, two or three units, all do more than 60k a month.


Can you elaborate on the system of checks and balances that you use? tw.peas[at]gmail.com or here for all. 60K is net ama gross?

The key person here is the driver. I give instructions that they deposit 2500 everyday by 10am. The vehicles are fitted with tracking gadgets and any trip outside Nbi has to be with my permission. Issues za bundle, fuel and commissions are on their side.By this they have motivation to work for themselves after meeting my target.

I have been checking and the guys mostly take home on average more than 2k per day after expenses and they remain focused.


@Kangi. Thanks for sharing

I was told that Uber is not taking any new vehicles just when i had got myself a vehicle

Do you have any experience with little ride?

I tried using it last week as a customer and the app was malfunctioning sometimes
smartbull
#68 Posted : Thursday, December 01, 2016 7:46:22 PM
Rank: Hello


Joined: 6/27/2016
Posts: 8
Location: Nairobi
Any updates of Uber not taking new vehicles? I had already ordered for a vehicle that am expecting sometime this month. Talk of biashara plan gone bad.
KulaRaha
#69 Posted : Friday, December 02, 2016 8:09:46 AM
Rank: Elder


Joined: 7/26/2007
Posts: 5,602
Business opportunities are like buses,there's always another one coming
Lolest!
#70 Posted : Friday, December 02, 2016 6:23:25 PM
Rank: Elder


Joined: 3/18/2011
Posts: 9,375
Location: Kianjokoma
KulaRaha wrote:

Wah! So in the longrun uber will be kama umoinner
Laughing out loudly smile Applause d'oh! Sad Drool Liar Shame on you Pray
Wa_ithaka
#71 Posted : Tuesday, January 03, 2017 3:29:48 PM
Rank: Veteran


Joined: 1/7/2010
Posts: 1,275
Location: nbi
Does anybody know an easy way to get the ntsa inspection done for taking the car to uber?
The Governor of Nyeri - 2017
doubletap
#72 Posted : Thursday, January 05, 2017 9:10:39 PM
Rank: New-farer


Joined: 7/17/2014
Posts: 68
Location: Wherethewindblows
Wa_ithaka wrote:
Does anybody know an easy way to get the ntsa inspection done for taking the car to uber?


What exactly do you mean?
You have to learn the rules of the game. And then you have to play better than anyone else - Albert Einstein
doubletap
#73 Posted : Thursday, January 05, 2017 10:00:55 PM
Rank: New-farer


Joined: 7/17/2014
Posts: 68
Location: Wherethewindblows
kangi wrote:
doubletap wrote:
kangi wrote:

You only need good systems. The biz is growing. I have not one, two or three units, all do more than 60k a month.


Can you elaborate on the system of checks and balances that you use? tw.peas[at]gmail.com or here for all. 60K is net ama gross?

The key person here is the driver. I give instructions that they deposit 2500 everyday by 10am. The vehicles are fitted with tracking gadgets and any trip outside Nbi has to be with my permission. Issues za bundle, fuel and commissions are on their side.By this they have motivation to work for themselves after meeting my target.

I have been checking and the guys mostly take home on average more than 2k per day after expenses and they remain focused.


Been a while since was here. Thanks for the insights on how you go about the business your system seems very fair and as has the right incentive for the driver, and puts some dough in your pocket. Of course maintenance costs should be kept to a minimum.
You have to learn the rules of the game. And then you have to play better than anyone else - Albert Einstein
hardwood
#74 Posted : Friday, January 06, 2017 1:46:11 PM
Rank: Elder


Joined: 7/28/2015
Posts: 3,276
Saw this elsewhere. Good weekly earnings.


#Awiti4Governor001 www.awiti001.com
Users browsing this topic
Guest
4 Pages«<234
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Home | . .. Investor | .. . Groups | .. . SME | . . . Market | .. . Club SK | . ..... About Wazua | . .. Search | . ..Sitemap | . ..Support | . ..Disclaimer | . ..Privacy Policy | . ..Terms of Use | . .. Contact Us
Copyright © 2017 Wazua.co.ke. All Rights Reserved.