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With the advent of the e-hailing taxi culture, the demand for taxi drivers is very high. The people around the world are preferring taxi services like Uber and Lyft like taxi booking app instead of driving themselves to work. There is a huge demand for taxi drivers in the job market today and the glossier side of things is that you do not require any kind of formal education to become a taxi driver.
If you are good with your driving skills, you can be your own boss. You can even opt for flexible hours and earn good pay. Being a taxi driver requires no formal education and lets you be your own boss and offers flexible hours of work. If you are successful, it also provides you with good pay. While statistics state that the average earnings of taxi drivers around the world are around $10.97 per hour, it is observed that experienced drivers can earn twice that.
In this blog, we shall discuss how you can become a successful ride-hailing taxi driver. We shall discuss the ride-hailing drivers’ tips and the essentials to set up your career as a taxi driver with an online taxi dispatch company.
To become a successful ride-hailing taxi driver, you will need to get the proper training and certification. You can choose to be an independent driver or work for an online taxi company. The latter provides you with a sense of security in your jobs and requires very little investment.
Here are a few tips and suggestions to be a successful ride-hailing taxi driver.
Every city and region in the world has a specific set of requirements for taxi drivers. You should check them properly and make sure that you qualify to become one.
Typical requirements for taxi drivers in major cities around the world include:
As we pointed out earlier, there is typically no formal education that one requires to be a taxi driver. You don’t need a high school diploma or even a middle school degree. In spite of this, but a lot of cities insist that taxi drivers get some kind of brief training before they start off professionally. The kind of training will vary from city to city. This training for new taxi drivers usually lasts from a day to several weeks and covers all the local traffic laws, driver safety instructions, street layout of the city, communication equipment, and its usage, and taximeter operation. Many of the online taxi dispatch companies will usually train new hires for free, so that is some amount of money saved if you choose to work for a taxi company. If you are adamant on being an independent driver, you can seek training at a local community college or specialized taxi school. However, this can burn a huge hole in your pocket.
Let us see what sort of training does some major municipalities required by law.
All the municipalities have a test that is mandatory for you to pass before you become a taxi driver, even if they do not ask you to have formal training. Applicants often require a fee to take these tests. They vary in difficulty and requires around 2-4 years of study. Some more difficult levels of the exam require around 8 hours of study. If you do not choose to be a part of any training course, then the municipality will typically provide a study guide to help applicants prepare for the test.
Tests cover a wide range of topics such as:
In addition to the tests for evaluating the knowledge of the cab drivers, most cities will require you to submit an application, furnish certain documents and undergo background checks and medical examinations to ensure that you have the right to work along with a clean driving record and no criminal background.
Typical requirements include:
Now, this is probably the most important decision that you will make that will determine your success as a ride-hailing taxi driver. It might seem profitable to be an independent taxi driver. Drivers who own their cabs take almost 100% of the fares they receive, but they also have a host of expenses. This can range from the cost of the cab to insurance to licensing. Drivers of online taxi dispatch companies do not have to bear the costs of promotion or advertising. They also ensure that you have rides whenever you are online. That is a great deal!
Depending on the city or state where you will be driving your taxi, setting up your own taxi and getting passengers can cost anywhere from about $5,000 to nearly a million dollars. Yes, don’t be surprised. One million dollars. In big cities where it is difficult to get the license of a taxi due to a limited number of licensed taxis is limited, the cost of obtaining a license is often overwhelming. It leaves new drivers with little choice but to work for established taxi companies like Uber and Lyft.
Let us see the overall costs of setting up an independent taxi business to get an overview.
This can be a huge cost, especially if you are just beginning to start out your career as a taxi driver.
So, what is a cheaper alternative?
Well, Get hired by a taxi company
Working for an online taxi dispatch company means you will be making less money per client, but it also comes without the costs of setting up your. In addition to this, having an admin who acts as a dispatcher can help you to get more rides every day.
In a taxi dispatch company, there are two ways that contract drivers get paid.
If you own a car, you can drive your own car for a service like Uber.
Drivers cars for these for-hire services are not the real taxi drivers and do not have to complete the same driver licensing or pay the same amount for a taxi license. This results in higher earnings per hour. Uber charges its passengers around $.18 a minute plus $1 per mile, with a surge pricing during hours of higher demands. The drivers get to keep around 80% of the fare.
The only requirements in this case are :
Now that you are all set to go on the roads, here are a few things you should know.
Avoiding accidents should be your topmost priority as a cab driver. This is because accidents endanger you and your passengers and can cost you a lot of money.
You can ensure that your driving is safe by following these pointers.
Accidents are not the only danger that a taxi driver faces. Taxi drivers carry cash and operate alone, often late at night, making them vulnerable to assault. You should always find ways to protect yourself.
Make sure you do the following to protect yourself.
Driving a taxi is a bit like doing fishing. You need to know where to get the baits. When you are starting out, experiment with different locations at different times until you find the right mix.
Some places to consider include:
Yes, there are geolocation and navigation systems that allow anybody to get from point A to B. However, good taxi drivers know how to get where they are going on the fasted routes for any time of day. In addition to that, they are able to offer recommendations on dining, lodgings, and nightlife.
Good taxi drivers can earn a lot of money on tips. The difference between earning a 5% tip and a 10% tip can be huge. The better the service you provide, the more money you will make.
To give your passengers the best service possible, you can follow the following tips.
It is always better to take up a job as a taxi driver with an online taxi dispatch company rather than being an independent taxi driver. Read about the top taxi booking app development companies in your city- Top 10 Taxi Apps.
Also, try a free Taxi Dispatch Software Demo.
If you have had success being a ride-hailing taxi driver, feel free to comment down below about your trade secret!
If you are looking for an online taxi dispatch software, contact Infinite Cab today!