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☆ The biggest perk of gig work might also be its downfall
  + stars: | 2024-03-10 | by ( Noah Sheidlower | ) www.businessinsider.com   time to read: +8 min
Many gig drivers lured by the flexibility of gig work say the flexibility of their job is often limited. AdvertisementMany drivers for Uber, Lyft, and other rideshare and delivery apps say they value the flexibility of gig work over any other component. AdvertisementMany part-time drivers have previously told BI they value gig driving for the ease with which they could supplement their core income. Some drivers told her they would work 16-hour overnight shifts on weekends to find higher-paying, better-tipped rides. "Uber and its peers appeal to workers with oodles of promises that workers can hold the power to control their work hours.
Persons: —, Uber, Sergio Avedian, Guy, Avedian, Lyft, Uber hasn't, Lindsey Cameron, Cameron, you've, Laura Katsnelson, Felix Oberholzer, Gee, Katsnelson, Katie Wells, Wells Organizations: Uber, Service, Business, Wharton School, Unit, Harvard Business School, Workers, Georgetown University Locations: Jacksonville , Florida, Los Angeles
☆ Many single parents who drive for apps like Uber and Lyft say it's their best option — but they still can't pay their bills
  + stars: | 2024-03-06 | by ( Noah Sheidlower | ) www.businessinsider.com   time to read: +12 min
AdvertisementFlexibility can be an illusionMost single parents with whom BI spoke said they valued the flexibility gig work gives them. Some single parents with disabilities said being able to take days off has helped them stay healthier and avoid burnout. This means that a higher percentage of single parents' earnings goes toward childcare costs, pushing some away from using childcare entirely. "These fluctuations and discrepancies can be devastating to individuals who don't have other mechanisms to make money, including single parents who are often operating on a single income," Greening said. AdvertisementIt's not easy for parents with older childrenThe issues single parents face still linger for those with older children.
Persons: Bri, Uber, Dara Khosrowshahi, Lyft, Uber hasn't, Susan, she's, Lindsey Cameron, Cameron, Cindy Lehnhoff, Lehnhoff, Bryant Greening, Greening, Starla, She's, Genesis, Paul, he's, It's humbling Organizations: Service, DoorDash, Walmart, Business, Wharton School, National Child Care Association, BI, Uber, Security Disability Insurance, Arizona State University Locations: Fort Worth , Texas, Grubhub, bam, Ohio, Jacksonville , Florida, Atlanta, Las Vegas
☆ A real estate investor who owns more than 100 rental units says that investors should be 'a lot more excited to buy this year than last.' Here's his 4-step process for finding a great deal.
  + stars: | 2022-11-17 | by ( Kathleen Elkins | ) www.businessinsider.com   time to read: +8 min
Start by deciding where you want to buy property and learn everything about that market. Then, figure out what an "average deal" is in your area so you can score great deals. If you're going to be a buy-and-hold investor in a new area, get a buy box and make it hyper-focused." "The more you know your buy box, the better your chances at finding a great deal," he said. I'm willing to write lots of offers and I will close on every great deal."
☆ Uber's chief incrementalist: Sundeep Jain is a divisive leader who shuns flying cars in favor of a steady march toward 'super app' status.
  + stars: | 2022-10-12 | by ( Tom Dotan | ) www.businessinsider.com   time to read: +12 min
Instead, Jain has overseen the introduction of add-on features to Uber's app, such as rental car bookings and party buses leasing. "Spending a half billion a year on flying cars doesn't make sense for the type of business we are," said one current Uber executive. "I don't think innovative people want to work for a non-innovative product leader," said one former Uber executive. "Under Sundeep's leadership the product team has shipped more products, to more users, than ever before," a spokesperson told Insider. That's two billion dollars," a current Uber product executive said.
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