Tuesday, March 31, 2015
Uber
Chicago is one of the lucky 290 cities to have adpoted Uber. If you are unaware of Uber, it is essentially a taxi that you order and pay with your smartphone. Only members can order an Uber that can be as small as a Prius or as big as a Denali. All you do is order the size of car you want, within minutes your Uber will pick you up and then your credit card is billed. My brother uses it almost all the time to get to point A to point B. It's cheaper than owning a car and actually using a taxi. Uber is the future or at least that's what the goal is, taking an Uber to be cheaper than owning a car. Uber is so successful that it revenues in its 50 countries are growing exponentially every year. The average number of weekly trips was around 150, 000 in 2014 and has a weekly user-base of 70, 000 in Chicago. Imagine what it would be like in San Fran or NYC. And to become an Uber driver is much easier and cheaper than a taxi driver. For example, medallions in NYC can go for $1 MILLION each. For an Uber driver, you just have to certify with their process which is much less strenuous. So, if you're ever looking for a summer job or job in general consider becoming an Uber driver, since there is now talk that Hamilton might be the next to adopt Uber. And that's a serious statement, Uber drivers make on average $80, 000 a year compared to the taxi driver who makes $30, 000. Mind blowing really.
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