Driving for Lyft and Uber at the same time is a good way to reduce downtime and keep your earnings high. I’m a big fan of increasing your earnings by working for multiple services, so I want to share my strategy for driving for both apps at the same time because it can be a bit of a technical challenge. Once you figure it out, it’s a great way to balance out your income.
Check out the video to see how I do it, then read the transcript below to read all the points I cover.
Why drive for both at the same time?
Now, why would you want to drive for Lyft and Uber at the same time? From a business perspective, it makes a lot of sense. As a good business owner, you always want to diversify. You don’t want to rely on one source of income, because if something happens to that source of income, you don’t make any money. So from a business perspective, it always makes sense to have another potential or another ongoing source of revenue. That’s one of the reasons why I tell everyone, “Sign up with Uber or Lyft and then signup with the other company.”
By signing up for both, you should be able to make more by increasing your request volume. Once you’re actually out driving imagine that you had bot happy open. That would increase your chances of getting a request faster. Because now even if Lyft isn’t as busy, you have two apps waiting for a request instead of just one.
It’s very relevant now with both Uber and Lyft offering a lot of guarantees and promotions in multiple cities, so you can possibly leverage both at the same time. If you’re getting a $25 an hour guarantee from Uber, but Lyft is offering you $25 an hour, which one would you do? I’d probably pick Lyft, because I like Lyft better and also because you could potentially get tips on Lyft. There’s lots of different situations that can come up where you can really leverage one over the other.
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It’s smart to have a backup plan for app outages and deactivations
You know, the second reason though, which a lot of people I think don’t think about is as a backup plan. Let’s say you’re killing it on Uber. You’re doing a great job on Uber, making tons of money. One day though, the Uber app goes out, you can’t make any money, you got bills to pay, what are you going to do? Are you going to go signup for Lyft at that point? You’re not going to be able to get approved in a day, by time you get approved, Uber will be back up and running.
I hear from a lot of Uber drivers who tell me, “I don’t need Lyft.” And a lot of Lyft drivers say, “I don’t need Uber.” But in reality, you can still leverage them as just a backup. Get signed up with these services, have them just in case anything goes wrong. Think of it as like a really cheap insurance policy. So when the Uber or Lyft app does go down, and trust me, they do go down, not frequently, but it does happen, and I’ll get dozens of emails from drivers saying, “I have no way to make money.” I guess I’ll send them this, but it’s a little too late after the fact.
Other times though, there’s actually problems with your account. Documents don’t get submitted, they expire, you can’t get through to Uber support, so there’s really lots of situations where having a backup definitely makes sense.
Leverage both signup bonuses
The third reason that I think is super important is that you take advantage of both signup bonuses. You want is to take advantage of these signup bonuses while they last. If Uber is offering a $500 bonus, you take advantage of that. And now Lyft is offering a $500 bonus, you might as well take advantage of that and get those rides done. Because I guarantee those bonuses aren’t going to be around forever even though it seems like they’re always kind of upping the bonus amount.
Run both apps when on a slow day
For actually driving for both Uber and Lyft at the same time, it usually makes the most sense when it’s a little bit slow out. If I’m busy and it might not be worth the hassle of manning two apps at the same time, because you can just leave one on and not have to worry about logging off the other. But if it’s slow out, you’re waiting maybe three to five minutes in between each request, you can obviously increase your chances of getting a request by turning both apps on, and then taking whichever one comes first. So if you have Uber and Lyft on, you’re going to and wait whichever. If Lyft comes on, you take that request, log off of Uber, go do the ride, log back onto both, pretty simple.
A few things that you want to be aware of though, trade dress. The thing with trade dress is that if you’re driving for both, you probably want to have both up. What I usually do is I’ll either put them back to back. So I put the logos back to back. If I’m on Uber, I just leave it on Uber, if I’m on Lyft, I flip it to Lyft, and I have it sort of in the middle. I have long arms so I can reach over and grab it pretty easily. Other people though will put up both stickers. I really don’t think that’s a big deal. The companies can basically not say anything to that.
Be careful about local trade dress rules though, especially at airports. Here in LA, LAX doesn’t allow you to have both trade dresses, so definitely make sure that you read the rules. If you’re sitting in an airport lot, take one down.
How to handle getting requests at the same time
This is a question that I get a lot. If you have both apps on, you might get two requests at the exact same time. When then comes up, I check to see which request is closer. I’ll usually accept the request that is closer.
But if they are the same distance, maybe I want to take that Lyft passenger, because they potentially have the option to tip, and Lyft has higher rates in a lot of cities. If the Lyft request comes in first, and then you accept it, and then an Uber request comes in quickly and you don’t have time to log off the Uber app, you can actually just ignore that Uber request now, because Uber has a new Acceptance Rate Policy where they don’t care about your acceptance rate as long as you’re not on guarantees.
If I’m on Uber, I’m only waiting one to two minutes in between requests, there’s really not a whole lot need to go and add the Lyft app because it just adds more confusion. But if it’s slow, that’s the time to turn both apps on, and that’s when you can really take advantage of it and potentially increase your earnings too, because you obviously make more money driving than you do sitting around.
So definitely check out our signup bonus page, you guys can go and look and see which services you want to add. There’s even some delivery ones on there that I know a lot of rideshare drivers are starting to add.
Hopefully this video answered any questions you might have. Thank you for watching. If you have anything for me, feel free to leave a comment below. I look forward to hearing from you guys.
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