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How to Maximize Lyft’s Weekly Power Driver Bonus

Rideshare driving is all about working smarter, not harder. And what’s smarter than taking advantage of driving incentives from Uber and Lyft? Today, senior RSG contributor Jay Cradeur shares his strategies for maximizing Lyft’s Power Driver Bonus.

Over the last six weeks, I have been driving exclusively for Lyft, primarily because they offer a superior bonus versus Uber.  I am, after all, doing this for the money. Aren’t you?

New Lyft Driver - Earn 1500:week

During each of those six weeks, Lyft has paid me an additional $500 per week as a Power Driver Bonus for reaching certain milestones.  That figure accounts for over 20% of my gross revenue, which is not an insignificant amount.

I have recently seen a few articles and apps that help drivers achieve more rides with surge (Uber) and Prime Time (Lyft) multipliers.  However, as a percentage of my revenue, those extra earnings are dwarfed by the Power Driver Bonuses offered in some cities.  This article will do a deep dive into some strategies and techniques anyone can use to maximize your weekly bonus revenue.

Burnt Out Talking To Passengers? Deliver Food With Caviar!

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Make up to $25/hour. No minimum hours required, work outside, and get paid weekly. Click to Sign-up!

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Would You Invest in Lyft?

Would you invest in Lyft if you could? Today, senior RSG contributor John Ince tackles this question, including how you might invest in Lyft, and why you should (or shouldn’t) invest in Lyft, if you had the opportunity. 

Lyft is currently valued at around $15.1 billion. Clearly, it’s pretty difficult if not impossible for the average rideshare driver to invest in Lyft – for now. Until Lyft goes public on the stock exchange, drivers won’t easily be able to “invest” in Lyft. However, it’s interesting to think about if you could invest in Lyft, would you really want to? A secondary market, called EquityZen, recently offered shares of Lyft for sale, so I decided to look at how investing in Lyft would work and why, if at all, it would be worthwhile to invest in Lyft (hypothetically, of course). 

By the way, we’ve noticed that Lyft is an extremely popular investment on EquityZen and it rarely becomes ‘available for investment’ but when it does, it’s gone in a matter of minutes.

Would you invest in your own money in Lyft if you could? Today, senior RSG contributor John Ince tackles this question, including how you might invest in Lyft, and why you should (and shouldn't) invest in Lyft, if you had the opportunity. 

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The Future of Bird & How Lyft is Helping Drivers Beat High Gas Prices

A lot to get to in this week’s round up, including Bird’s explosive growth, how Uber’s biggest crisis yet all started with vomit, and how Lyft is helping drivers save money on gas. Senior RSG contributor John Ince covers that and more in this week’s round up.

Cargo, the company that pays drivers to hand out or sell goodies to passengers, is now in LA! If you sign up with Cargo by June 30, you’ll get a $60 bonus (LA drivers). Cargo is in a number of cities and growing rapidly – find out if Cargo is available in your city here.

 

A lot to get to in this week’s round up, including Bird’s explosive growth, how Uber’s biggest crisis yet all started with vomit, and how Lyft is helping drivers save money on gas. Senior RSG contributor John Ince covers that and more in this week’s round up.

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Who’s Really To Blame for Traffic Congestion, and What Can Be Done About It?

Depending on what city you live in, you may notice traffic is becoming a big problem. But is it ridesharing’s fault – or is it something else? And if Uber and Lyft are to blame, what should be done about it, if anything? Senior RSG contributor John Ince tackles those questions and potential solutions below.

The San Francisco Examiner published an article in 2017 that stated ‘Uber and Lyft Responsible for Two-Thirds of Downtown Traffic Violations‘, a story that led to a fight over drivers, congestion – and who should be responsible for it. San Francisco is not unique in this battle, as Uber and Lyft have fought in many city halls around the globe, combatting accusations of congestion.

Depending on what city you live in, you may notice traffic is becoming a big problem. But is it ridesharing's fault - or is it something else? And if Uber and Lyft are to blame, what should be done about it, if anything? Senior RSG contributor John Ince tackles those questions and potential solutions below.

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Everyone Is Upset About New Surge and Prime Time. Should They Be?

Recently, we featured a guest post from the perspective of a Chicago driver affected by Lyft’s potential new changes to Prime Time. A lot of of drivers understandably have many questions about Lyft’s new Prime Time, plus Uber’s changes for new surge. Senior RSG contributor Christian Perea tackles those questions, and how new surge/Prime Time may affect drivers, below.

Recently, we featured a guest post from the perspective of a Chicago driver affected by Lyft’s potential new changes to Prime Time. A lot of of drivers understandably have many questions about Lyft’s new Prime Time, plus Uber’s changes for new surge. Senior RSG contributor Christian Perea tackles those questions, and how new surge/Prime Time may affect drivers -

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