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Have you heard of the Pareto Principle or 80/20 rule? If you apply this to rideshare, then the numbers make sense. 80% straight up lose money or break even and don't last long. 20% do ok or better.
Where it gets interesting is that you can also apply the 20% rule to that original top 20%, so that would leave 4% of the total number who are making enough to live comfortably on or at least make it a profitable side gig.
Rideshare is a revolving door and will be until the robots take over, but there is hope for profit.
Where it gets interesting is that you can also apply the 20% rule to that original top 20%, so that would leave 4% of the total number who are making enough to live comfortably on or at least make it a profitable side gig.
Rideshare is a revolving door and will be until the robots take over, but there is hope for profit.