Side hustles often involve high-stakes situations where the ability to complete the job effectively rests on understanding the risk ahead of time.
You don’t have to be a pessimist to drive for a ride provider or delivery company, but you’re likely to make more money if you are. Why? You aren’t going to jump on random job notifications, hoping that an undisclosed tip might make it worth your while. You’re going to look at the promised payout, “surge” payments, bonuses and the chance of a return fare. As a pessimist, you expect traffic. And you understand how gas prices, maintenance and repairs affect your bottom line.
Thus, you’ve calculated your car’s mileage in both city and highway driving and have worked that out to a cost per mile. You’re also playing “app poker,” which means you have a fistful of driving and delivery apps open anytime you’re on the road, allowing you to jump on the most profitable and proximate jobs, flipping from providing rides to delivering as the best opportunities arise.
Even with record gas prices, you can earn net pay of $30 to $40 per hour doing all of these things. But succumb to wishful thinking, and you’ll be lucky to take home minimum wage.
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