11 Gig Economy MISTAKES You’re Making Right NOW

Рет қаралды 4,669

Күн бұрын

Working on different gig economy or side hustle apps seems easy enough but you're losing out on money and making it more difficult if you make any of these 11 mistakes!
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🖥Video Chapters🖥
0:00 - Open Your Favorite Gig App
0:39 - Save Money For These
0:55 - Knowing The Basics
1:19 - Free vs Premium Resources
2:42 - Are You Actually Covered By Insurance?
3:36 - Gap Insurance
4:00 - Have A Financial Plan
4:51 - Why You Must Multi-App
5:46 - Multi-Niching (Example)
6:21 - Here's Why You Never Delete An App
7:09 - Using Your Vehicle? (Listen To This)
7:56 - Apps Are Constantly Doing This
8:43 - Why You Shouldn't Rely On One App
9:27 - Consider Other Opportunities
10:37 - Buying A Vehicle For Gig Work
11:49 - Setting Boundaries
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QUESTION: Which one of these mistakes have you made? Let us know in the comments section of this video.
#yourdrivermike #sidehustle #gigeconomy
Disclaimer: This video and/or description contains affiliate links, when shopping or signing up for apps using these links I’ll receive a small commission. As an Amazon Influencer, I earn from qualifying purchases.

Пікірлер: 28

@YourDriverMike Ай бұрын

⚡Trying food delivery? Decline these 5 orders: kzfaq.info/get/bejne/rNh5o9Zyz9iWiIk.html 📧Join my free newsletter: www.yourdrivermike.com/newsletter

@kennymmmKay Ай бұрын

When taxes come around I'll be busting my butt to make up what I owe. It's guna be suck. I can't save money for taxes I barely make enough as it is with DD

@bmills5824 Ай бұрын

Expensing miles vs actual expenses is important. It’s 67 cents per mile which I would most certainly expect to be more beneficial than the cost for vehicle/gas/tires/oil changes/etc etc. You can’t do both. Don’t forget about cell phone bills and other things that you use while working the biz. Those all add up and can drastically reduce your tax liabilities. Not a CPA, please do your own homework.

@lvlerritt Ай бұрын

@@bmills5824how do you. If you do. Track your mileage to turn in?

@rappy90 Ай бұрын

@@bmills5824 in canada we calculate our business portion of our mileage and whatever % that works out to be is the % we can claim on vehicle expenses, gas and other qualified costs etc. Last year I pretty much broke even, didn't get much of a tax return but also didn't have to pay in.

@laurafratoni7931 Ай бұрын

Wake up then. Can you do a trade? Cash flow some education for a career that pays? Make life happen, not let it happen to you.

@kennymmmKay Ай бұрын

@@laurafratoni7931 if I was waiting for life to happen I wouldn't be out grinding these apps.

@dvalentine94 Ай бұрын

I chose the weekly pay option and I save 30% for taxes and I also keep $75 for gas. The rest goes to credit card debt which should be paid off by October.

@deliveringwithellen Ай бұрын

Great info as always

@stephenjohnson5589 Ай бұрын

My car is 9 years old. It doesn’t have a lot of value but it’s been a good car.

@tiffanysteen1845 27 күн бұрын

Instacart or Uber delivery seems time consuming having to spend time shopping. Especially time spent at Walmart pick up and driving around town.

@tiffanysteen1845 28 күн бұрын

Select per time vs per order on DD. I missed up not selecting that option bc it’s Saturday on holiday weekend and was raining delaying deliveries so if I had selected per time not per offer I would made more. So I’m reviewing the basics and terms on the apps. I selected DD added in few Uber eats when DD not available. I prioritized DD because of the promotions. I’m busting my butt make $100 a day though I multi app. I’m finding I can’t have Uber eats and DD on at same time at peak times bc it causes food delivery delays but ok when slow. I do rideshare when food delivery is slow or visa versa

@annek9780 Ай бұрын

Can anyone tell me how much gap insurance is, I live in New Jersey. I have asked several fellow gig workers in my area and everyone keeps telling me commercial insurance is required to do gig work and it is extremely expensive.

@bt60613 Ай бұрын

There is recent talk (again) about, though DDash doesn’t confirm, is that they will bump you off of the app if they see that you’re multi-apping and that you have the DD app in the background instead of active/front.

@Lemondrop1990 Ай бұрын

Tell that to pokemon go. I play that while waiting for an order sometimes. Oh well

@Anthonyk747 Ай бұрын

DoorDash can't do that though because it's in their own Terms of Service that they will not prevent you from providing YOUR Delivery Service to their competition. It even says that DoorDash is NOT a Delivery Service! It says YOU are the Delivery Service as a 1099 Independent Contractor. Seriously - read the TOS. I promise you - they cannot do that because they wrote it in their own words that they won't do that.