QUOTE(Grabtology @ Feb 9 2019, 09:35 AM)
After 21 days of driving in January, here is the result.
Period driven
January 1 to January 31
Gross Earning (according to Grab statement)
Dec 31 to Jan 6 = RM749.05
Jan 7 to Jan 13 = RM783.55
Jan 14 to Jan 20 = RM779.80
Jan 21 to Jan 27 = RM551.86
Jan 28 to Feb 3 = RM729.10
Total = RM3,593.36
Commission paid to Grab
Dec 31 to Jan 6 = RM140.40
Jan 7 to Jan 13 = RM148.80
Jan 14 to Jan 20 = RM145.65
Jan 21 to Jan 27 = RM106.20
Jan 28 to Feb 3 = RM140.20
Total = RM681.25
Petrol paid
Dec 31 to Jan 6 = RM145.71
Jan 7 to Jan 13 = RM94.92
Jan 14 to Jan 20 = RM86.49
Jan 21 to Jan 27 = RM96.86
Jan 28 to Feb 3 = RM166.37
Total = RM590.35
T&G top up
Dec 31 to Jan 6 =
Jan 7 to Jan 13 = RM100.00
Jan 14 to Jan 20 =
Jan 21 to Jan 27 =
Jan 28 to Feb 3 = RM150.00
Total = RM250.00
Misc
Car tint = RM200.00
Radio fix = RM60.00
Total RM 260.00
PnL
Gross earning (RM3,593.36) - Costs (RM1,781.60) = RM1,811.76 (50.42%)
From there, deduct RM1k as emergency saving, then the rest are to spend on food
Not going to drive February at all because of planned vacation to Hanoi
so yeah, based on this, I think driving Grab full time is reasonable if you don't have loan commitments, isn't looking to get rich quick, and value flexibility of time.
I did achieve the main goal of driving Grab instead of full time employment, which is spending more quality time with wife. There are still some concerns about doing this for the next couple years, but we'll decide after Grab announce the PSV thing, as in how they will go about it
Currently the decision is resume driving Grab full time in March after done with vacation
Look at your figure per week, maybe driving about 35-45 hrs per week?Period driven
January 1 to January 31
Gross Earning (according to Grab statement)
Dec 31 to Jan 6 = RM749.05
Jan 7 to Jan 13 = RM783.55
Jan 14 to Jan 20 = RM779.80
Jan 21 to Jan 27 = RM551.86
Jan 28 to Feb 3 = RM729.10
Total = RM3,593.36
Commission paid to Grab
Dec 31 to Jan 6 = RM140.40
Jan 7 to Jan 13 = RM148.80
Jan 14 to Jan 20 = RM145.65
Jan 21 to Jan 27 = RM106.20
Jan 28 to Feb 3 = RM140.20
Total = RM681.25
Petrol paid
Dec 31 to Jan 6 = RM145.71
Jan 7 to Jan 13 = RM94.92
Jan 14 to Jan 20 = RM86.49
Jan 21 to Jan 27 = RM96.86
Jan 28 to Feb 3 = RM166.37
Total = RM590.35
T&G top up
Dec 31 to Jan 6 =
Jan 7 to Jan 13 = RM100.00
Jan 14 to Jan 20 =
Jan 21 to Jan 27 =
Jan 28 to Feb 3 = RM150.00
Total = RM250.00
Misc
Car tint = RM200.00
Radio fix = RM60.00
Total RM 260.00
PnL
Gross earning (RM3,593.36) - Costs (RM1,781.60) = RM1,811.76 (50.42%)
From there, deduct RM1k as emergency saving, then the rest are to spend on food
Not going to drive February at all because of planned vacation to Hanoi
I did achieve the main goal of driving Grab instead of full time employment, which is spending more quality time with wife. There are still some concerns about doing this for the next couple years, but we'll decide after Grab announce the PSV thing, as in how they will go about it
Currently the decision is resume driving Grab full time in March after done with vacation
QUOTE(Grabtology @ Feb 9 2019, 06:21 PM)
One month and 400+ trips later, I’m beginning to understand why most Grab drivers are full of anger and always miserable
50% is because of bad decisions/situations prior to Grab life, so they choose Grab thinking it will solve their problem, but when Grab change incentive structure they feel conned
50% is because of extreme cheapskate and calculativeness. I understand no one likes to lose money, but to hold grudge just because passenger dont know how to set pickup pin properly, thats just silly
So the most relevant experience i want to share with potential new driver is, if you are not capable of patience and generosity, then you should stick to paid employment
Your reason to start driving Grab shouldnt be because of money. If money is the reason you want to drive Grab, you are better off earning part time money at mcd. At least ular a bit you still get paid per hour fixed
This sentence sound so confusing 50% is because of bad decisions/situations prior to Grab life, so they choose Grab thinking it will solve their problem, but when Grab change incentive structure they feel conned
50% is because of extreme cheapskate and calculativeness. I understand no one likes to lose money, but to hold grudge just because passenger dont know how to set pickup pin properly, thats just silly
So the most relevant experience i want to share with potential new driver is, if you are not capable of patience and generosity, then you should stick to paid employment
Your reason to start driving Grab shouldnt be because of money. If money is the reason you want to drive Grab, you are better off earning part time money at mcd. At least ular a bit you still get paid per hour fixed
So u telling me money is not the motivation for driver, then what it is?
Feb 10 2019, 10:14 PM

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