Wall str. is betting of higher gas price… page 2 uber drivers forum v gas station

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Don’t worry about the cost of gas – worry about maximizing your revenue on a per mile basis. Think about how stupid it would be to stop driving because your costs went up 4 cents per mile… You’re going to forego $1.00/mile in revenue (or much more) because your expenses went up by 4 cents? Is that what they do in the trucking industry? Of course not. They keep driving and adjust, try to get more revenue or just eat the expense – business (any kind of business) starts with bringing in revenue, first and foremost. You don’t start the analysis by looking at your costs – that’s what somebody does when they deserve to be somebody’s employee. Entrepreneurs, business operators do not think that way.

Don’t run a "minimal expense" model, run a "maximum revenue" model, and your life will get better. No more crying, no more quitting, no more getting some pile-of-**** job because you can’t hack operating a bootleg taxi… Maximize for revenue and it doesn’t matter if you drive a hybrid or a 10-cylinder turbo diesel – at least not much anyway.

Larry drives a Buick and gets 20mpg. He only drives at 1.5x or higher. Because he is more selective, he runs fewer trips, more like 100 per week, but he averages $11.90 per trip (1.7X average). Larry’s gets about $1.70 per mile in revenue. Gas is $4.00/gallon.

Don’t worry about the cost of gas – worry about maximizing your revenue on a per mile basis. Think about how stupid it would be to stop driving because your costs went up 4 cents per mile… You’re going to forego $1.00/mile in revenue (or much more) because your expenses went up by 4 cents? Is that what they do in the trucking industry? Of course not. They keep driving and adjust, try to get more revenue or just eat the expense – business (any kind of business) starts with bringing in revenue, first and foremost. You don’t start the analysis by looking at your costs – that’s what somebody does when they deserve to be somebody’s employee. Entrepreneurs, business operators do not think that way.

Don’t run a "minimal expense" model, run a "maximum revenue" model, and your life will get better. No more crying, no more quitting, no more getting some pile-of-**** job because you can’t hack operating a bootleg taxi… Maximize for revenue and it doesn’t matter if you drive a hybrid or a 10-cylinder turbo diesel – at least not much anyway.

Larry drives a Buick and gets 20mpg. He only drives at 1.5x or higher. Because he is more selective, he runs fewer trips, more like 100 per week, but he averages $11.90 per trip (1.7X average). Larry’s gets about $1.70 per mile in revenue. Gas is $4.00/gallon.

Don’t worry about the cost of gas – worry about maximizing your revenue on a per mile basis. Think about how stupid it would be to stop driving because your costs went up 4 cents per mile… You’re going to forego $1.00/mile in revenue (or much more) because your expenses went up by 4 cents? Is that what they do in the trucking industry? Of course not. They keep driving and adjust, try to get more revenue or just eat the expense – business (any kind of business) starts with bringing in revenue, first and foremost. You don’t start the analysis by looking at your costs – that’s what somebody does when they deserve to be somebody’s employee. Entrepreneurs, business operators do not think that way.

Don’t run a "minimal expense" model, run a "maximum revenue" model, and your life will get better. No more crying, no more quitting, no more getting some pile-of-**** job because you can’t hack operating a bootleg taxi… Maximize for revenue and it doesn’t matter if you drive a hybrid or a 10-cylinder turbo diesel – at least not much anyway.

Larry drives a Buick and gets 20mpg. He only drives at 1.5x or higher. Because he is more selective, he runs fewer trips, more like 100 per week, but he averages $11.90 per trip (1.7X average). Larry’s gets about $1.70 per mile in revenue. Gas is $4.00/gallon.

You guys are fixated on blaming investors for gas prices, but ignoring reality. OPEC has reduced supply, in order to drive up crude prices, so when they have their initial public offering, they will be the world’s biggest publicly traded corporation, if crude reaches 80 to 100 per barrel. THEY ADMITTED AS MUCH. Speculators are just trying to position themselves to profit on the increase. This is like month old news.

And your tax cuts? Please. Most wage earners might see $20 or so in each pay cycle. Compared to billions in windfall profits corporations are using to buy back shares to drive up prices and few are hiring more unless its entry level wages. Even fewer are distributing significant bonus money, which is taxed at like 44%.

I said this to friends in mid 2016. If we see Trump elected, they will eviscerate health care, reverse policies regardless of negative effect, gas will see $5 a gallon. Watch. Also, the GOP wants to hand off the Social Security trust fund to private interests who poured money into their campaign coffers. They call it an entitlement, and make it sound bad. But it is an annuity people like me paid into for over 30 years. It needs adjustment, not some sleazy fund managers to pillage it.

And, sam, yes the cuts are temporary, a little game played to try to force a future Congress to make an unpopular choice to correct the shortfall and didge accountability. And don’t forget, the $20 per check wage earners see is nothing compared to the 1.5 trillion balloon to the deficit.

Most people will see the real effect of the "cuts" when they realize their deductions for state income tax paid, mortgage interest, and real estate taxes are now cumulatively capped at 10k. That alone eradicates any benefits, and digs a hole for most homeowners.