When I first started cab driving I was given a manual which laid out all the rules, both from the company and from the city. It explained how everything works, including dispatching. On the front page of that manual, there were bold letters that said “Welcome to the Business World.” Having been a small business owner for more than a decade, I can tell you that there is much truth to this statement. Income made driving a cab is made in an almost identical way that it’s made by owning a more traditional small business. There are no paychecks and no benefits, you make income by making a profit directly from your customers. Your gross minus your expenses equals your income.
The cab companies are in the leasing business. They make money by the leases each driver pays which covers the car, use of the cab permit, dispatching, insurance and maintenance. They make the same amount whether the business has been so slow that you’ve struggled to make your lease or it’s been so good that you’re rolling in dough. Good business does work to their advantage however; if there’s no profit to be made there’s no reason to do it. They’ll have a hard time keeping their cabs leased out if the business gets slow enough. Drivers also have the option of owning their own cabs and some do. They pay a smaller lease that only covers the use of the permit and dispatching. They are responsible for all other expenses, which of course can be substantial if there’s a major maintenance problem. I prefer to lease, it works better for me.
There are many downsides to doing this for a living. One of the biggest is the long hours that are often necessary to make a profit. Most weeks I only drive three days, Thursday, Friday and Saturday. These are almost always the most productive days. Even though I only work three days I usually work more than forty hours. I use the daytime hours to make my expenses, after a nap in the afternoon, I go out into the night to make my income. Another downside is having to work every weekend. If you want to make money you have to be out there when the business is out there. You have to get it while the getting is good. Income can vary quite a bit depending on how busy it is and how lucky you are. When you accept a trip offered you don’t know if it’s going to be a trip across the metro area for forty or fifty dollars or a trip of just a few blocks for four or five dollars. Luck plays a major role in making money in this business.
So what are the upsides? Why do I choose to do this instead of working in a more traditional job? Well, there are several upsides. We are totally free to set our own hours. There are no time clocks and no one to give you a hard time for being a few minutes late. Pay your lease on time, don’t wreck or otherwise destroy their cars and don’t do anything incredibly stupid and you’re not likely to have a problem with your company. Anytime you need to take off for a few days you can. No, you won’t get paid, but since you are totally responsible for making your own income, you expect that. You don’t have to call in, you don’t need a doctor’s excuse and you don’t have to ask anyone’s permission or even plan for it in advance, just turn your car in and come back when you’re ready. Even with these perks, I will have to say that my wife and I are very fortunate because she has a professional career. It would be very difficult, if not impossible for us to maintain a comfortable standard of living if we depended only on my cab driving gig. Even if I worked a lot more hours than I already do.
There are also many perks when you are out in the metro doing your job. You’re free to go anywhere that the company is permitted to operate. You may work any zone you wish at any time you wish. You don’t have to ask anyone if you can stop and eat in a restaurant or even go to a movie, a sporting event or a concert. You can do your banking or any other personal errands you need to do. You can also drop by your house to take care or anything that may need your attention. There was recently a big weekend here in Birmingham when the Alabama Shakes , one of the hottest new musical acts on the scene today played a two night concert at Sloss Furnaces. The Shakes are my favorite new musical act. This bluesy, soulful, rock and roll band started just a few years ago when Brittany Howard and Zac Cockrell started getting together after school to write songs. They hail from Athens, Alabama, a small town in the Tennessee Valley about ninety miles north of Birmingham. I was happy to read that even after playing at venues all over the world and in iconic American institutions such as the White House, Saturday Night Live, The Grammy Awards and most of the late night talk shows, lead singer Brittany Howard listed Egan’s Bar in Tuscaloosa as her favorite venue. Egan’s was always one of my very favorite hangouts in my hometown. I can still drop in there and find some of the many friends that I made there over the years.
On the weekend of June 7th and 8th I had the pleasure of being able to sit outside the concert venue, behind the stage and hear the Shakes just as well as anyone inside the venue at the concert, I just couldn’t see them. I took many concert goers to the show and then took many of them home afterward. I’ll have to say that they were all pleasant company, not one of these people was an obnoxious jerk. All of them were in love with this band and with it’s lead singer. We all agreed that they are the best thing to come out of Alabama in a long, long time. Most of the time when we see people from this state in the world spotlight it’s for something negative, something that re-enforces the ugly, negative stereotypes of the past. The Shakes are the opposite and when you’re used to being ashamed of people from your state, they are very much a breath of fresh air. I’m very proud of them.
sources: Wikipedia, al.com
Alabama Shakes image courtesy of www.nme.com
copyright 2013 R.W. Walker
*All views and opinions are strictly those of R.W. Walker. These views do not reflect the views of any cab company.