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In The Media

Driving Part Time (In Your Attempt to Pay Down Debt)

by Larry Chiang on February 10, 2016

By Larry Chiang

How much do you make driving an Uber. Will it pay down the principal on the money you owe.

Are you ready to be a part of the 1099 economy and be a jobapreneur?!

Driving Uber gets you out of the frame of mind that business is really about distribution. I wanted to call this article “Arbitraging Time. Our attempt to use Uber to pay down debt”. Paying down debt seems to be about working more hours to service (ahem pay down) debt. In short, you arbitrage time driving an Uber.

Paying down debt by working hours is an age old issue. Indentured servitude is an extreme where you owe so much that you sell your offspring to be a sex worker in Japan ūüôĀ True story: Number 1 employer of illegal sex workers = Japan. See this case where an Asian sex slave in Tokyo is actually making more money*…)
Larry Chiang (@LarryChiang)
When you’re arbitraging your time vs buying-low, selling-high on the Internet.¬†#cs183a¬†@LarryChiang¬†#LABCS3366¬†

Perhaps the halo of early driver windfalls still drives drivers to drive for Uber? Let us lever that goodwill.

Business is about distribution.

Let us stop arbitraging time and start arbitraging the Internet. Let us (err you!) start doing¬†#leadGen. Let’s start getting paid helping to do distribution.¬†
“Sales and distribution are often an issue for businesses.”
— Larry Chiang
(650) 283-8008

Larry Chiang (@LarryChiang)
so the #leadGen idea is this. You drive in a territory that has a spiff to find drivers. Then blog about addresses & hacks.

A spiff is an inflated commission.
Walnut Creek. The 925 area code. Where the credit score quality is high and the technology adoption is SLOW


Larry Chiang (@LarryChiang)
Driving for Uber is like affiliate referrals for Tesla. Only driver /owners can #LeadGen #cs183uber #puInternship1u



Larry Chiang (@LarryChiang)
#puInternship1u is a 7 hr Pop Up Internship (1 Uber)where you #LeadGen Uber riders

Larry Chiang (@LarryChiang)
#cs183eubm = practice creativity conjoined with execution. #EUBM was forked from #ENGR145 Lec 2, #cs183b Lec 8, #ENGR245, @LarryChiang



Larry Chiang (@LarryChiang)
.@ChrisSaad do you know the Citibank/ GE/ #101Tryon folks to do a Uber underwritten Visa?
[Art credit @LarryChiang]



Larry Chiang (@LarryChiang)

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