The Penny Stupid Project Penny Stupid Project

In this part of the podcast, Damon discusses the importance of diversifying income sources for rideshare drivers. They share their personal experiences and explain how relying solely on Uber and Lyft may no longer be profitable. The speaker encourages drivers to explore alternative options such as food delivery services like DoorDash and Walmart Spark. They emphasize that these apps should be seen as side hustles and not relied upon as a primary source of income. By being proactive and seeking out new opportunities, drivers can stay ahead of the curve and increase their earnings. The speaker also addresses the misconception that loyalty to one rideshare company will lead to better earnings, stating that the companies prioritize their own profitability over driver incomes. They urge listeners to adapt and find new ways to make money instead of complaining about the changing circumstances. The episode ends with the speaker reiterating the need for drivers to be open to trying different strategies and exploring emerging apps that may offer better payout rates and less competition.


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In this episode, I share my approach to navigating gig apps and making money at Walmart. Using the app, I easily find items in the store and correct any scanning mistakes. Walmart's self-checkout process is quick and efficient since customers have already paid online. The drop-off process is smooth with Walmart's Spark system. Remember to be considerate and put your shopping carts back. Tune in for more tips on earning money with Walmart. Thank you for joining me!


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In this episode, Damon Day talks about a unique challenge faced by a delivery drivers.

Despite injuring his back, he accepted a huge order worth $32, consisting of twelve cases of water.

Damon contemplates the reasons behind such a large quantity of water and the logistics involved in delivering it.

Damon decides to find a solution rather than canceling the order. To assist him, he enlists the help of his two teenage sons and decides to use his Ram Dually diesel truck instead of his Tesla.

Equipped with a dolly and two wagons, they manage to fit nine out of the twelve cases into two shopping carts. They successfully load up the truck and deliver the water to a neighbor in the Damon's neighborhood.

Despite the temptation to inquire about the customer's reasons for needing so much water, Damon keeps his mouth shut and completes the delivery within 20 minutes.

The overall experience yields an easy $32, but Damon is curious to know how other delivery drivers would handle a similar situation.

Viewers are encouraged to share their thoughts and insights on what they would do in a scenario involving a substantial order like this.


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In this episode, Damon Day and Steve Rode discuss Damon's recent success, earning nearly $1,000 in a day through gig apps.

They talk about the changes in Lyft and Uber, the importance of adapting, and how Damon creatively utilizes multiple apps for maximum earnings.

Damon shares his strategies for optimizing time and income while emphasizing the challenges of finding high-tier rides and late-night food delivery. They touch on the recent strike by rideshare drivers and the uncertain future of the industry.


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In this episode of the Penny Stupid Podcast, we delve into the contentious topic of tipping for Lyft and other delivery services. My co-host Damon and I share our contrasting opinions on whether tipping should be based on service quality and if it has become excessive. Damon, who occasionally drives for these services, argues that tipping is crucial for drivers who earn very little otherwise and rely on tips to supplement their income.

However, he also acknowledges that tipping for simple transactions has become excessive. On the other hand, I acknowledge the complexity of the issue, particularly due to changes in tipping policies by companies like DoorDash and Walmart Spark.

Damon highlights DoorDash's new policy that hides the tip amount from drivers until after the delivery, which frustrates him as it affects his speed of service.

We also discuss the recent policy in New York that allows customers to tip at the end to reduce pressure and potential issues with non-tipping.

Both Damon and I agree that the problem lies more with the companies than consumers, as customers may not realize that drivers receive minimal base pay. Damon shares his frustration with companies like DoorDash that rely on customers to subsidize drivers' pay through tips.

We note that this tipping issue applies more to food delivery apps than rideshare apps like Lyft and Uber. We discuss how drivers for Lyft and Uber are evaluated solely based on their base pay, with tips being considered bonuses. Damon explains that most drivers won't accept rides with low base pay unless the tip is generous.

However, he expresses frustration when he tips well but experiences late delivery due to batch orders.

We also touch upon the reduction in driver pay by Lyft and how it has made it challenging for drivers to maintain a nice car unless they exclusively work in the higher-tier category.

We explore the pooling of tips in the delivery platform DeliverThat, which has both advantages and disadvantages for drivers.

Lastly, we discuss the complexity of tipping in services like Instacart, where shoppers have to consider several factors such as pay, number of items, and store efficiency. Overall, we emphasize the need for fair models that consider the interests of both customers and drivers in the tipping system for these services.

Chapters
0:00:00 Introduction and Topic Introduction: Should I tip Lyft drivers?
0:01:10 The importance of tipping for drivers' income and service quality
0:02:09 Discussion on the changing tipping policies of DoorDash
0:03:11 New tipping policies and customer perceptions in New York
0:04:34 The challenges and perception issues with tipping in food delivery
0:05:37 Comparing tipping practices between food delivery and rideshare services
0:07:01 Evaluating base pay and time considerations for accepting orders
0:08:22 DoorDash's pay structure and the need for change
0:09:41 Cherry-picking multiple apps for better pay
0:11:11 Lyft's reliance on new, inexperienced drivers
0:12:23 The pooled tipping approach of DeliverThat
0:14:17 Incentives and challenges with pooled tips in food delivery
0:15:39 Tips and the challenge of balancing pay and effort
0:16:43 The varying challenges of different stores for Instacart shoppers
0:18:28 The struggle of finding suitable replacements and its impact on pay
0:19:54 Better tipping patterns in blue-collar neighborhoods
0:21:02 The reluctance to tip on expensive rides and the shift to back-end tipping
0:23:00 The Importance of Tips in Food Delivery

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Selling on Amazon FBA is not as easy as people say. You might have heard about some expensive courses you should buy to become a professional seller on Amazon through the Fulfilled by Amazon program.

In this video, Damon Day and Steve Rhode talk about Steve's experience in his first year selling on Amazon.

*** Important Penny Stupid Project Links ***

Website - https://PennyStupid.com
Facebook - https://facebook.com/PennyStupid
Email Newsletter: https://pennystupid.com/subscribe-to-penny-stupid/
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