DTLA Hustler by Charles St. Anthony
Author:Charles St. Anthony [Anthony, Charles St.]
Language: eng
Format: epub
Tags: non-fiction
Publisher: Charles St. Anthony
Published: 2019-01-02T00:00:00+00:00
LATTE MONEY IN MY POCKET
And now itâs time for a breakdown.
Iâll preface this section by mentioning that people who deliver by cars make much more money than I did. Part of the point of doing Postmates for me was to get my fitness together, so I really was just doing it to supplement my day job.
In the 200 deliveries I did in the months of June through the end of September 2018, I made a whopping total of $1,506. I averaged $7.53 per delivery (factoring in the bonus money I made). I wasnât on Easy Street, but I was making my âlatte money.â Donât judge. A bitch needs her latte. With all this extra money, I could douche with Pumpkin Spice latte if I wanted to, so donât latte shame me. It was almond milk!
If the average one bedroom apartment rents for $2,265 per month, then I would need to make 301 deliveries per month to rent one. The average home in LA sells for $939,500, thus I can buy one once I make 124,768 deliveries. The average time it took to complete a delivery was 24 minutes, so 5.7 years straight of making deliveries with no rest or sleep will get me a house. Should be a breeze.
Iâm grateful for Postmates and the extra cash it provided, but Postmates should pay its couriers more. For example, one delivery pays four dollars (before tip). Postmates gives you the option to take multiple deliveries at once, so if two separate people ordered carnitas bowls from the same Chipotle and both their destinations were in the same area, you could take both orders to them. If one delivery starts at a base of four dollars, doing a double delivery equals eight dollars, right? Wrong! Hereâs how the system works: you get $1 per pick up, $1 per drop off, then $.10 per minute and $.80 per mile.
2 pickups x $1.00 = $2.00
2 dropoffs x $1.00 = $2.00
4.6 minutes x $.10 = $.46
1.62 miles x $.80 = $1.30
Total = $5.76 + tip
So in the end I only got $5.76 plus tips for doing two trips rather than the eight dollar base I expected. After this I just switched off this double dipping thing, since it didnât really make sense to do twice the work and not get twice the money. Also, doing one delivery at a time made it easier to compile my statistics and make beautiful infographics for my sexy and intelligent readers.
As Postmates settles each transaction with the customer, the payments drip into your bank account. The customer pays by card via the app, and it takes a few days for the tip to post. Much of the time, I ended up getting paid a week or so in arrears. At the time, the small print in the courier app said, âAutomatic deposits are sent to your bank for a $0.15 transfer fee.â
This seemed stingy considering the King Midas-like coffers of the San Francisco millionaires that run Postmates. Fortune reports Postmates
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