Depends on where you are, but in most bigger cities, being a cab driver isn't easy. Cabs require a special permit, and in most cities, there is a LONG waiting list and someone has to quit the business to free one up, so usually, someone will own the license and the cab, and may drive it during premium hours, and then rent the cab to other drivers on the less desirable shifts. Unless you own the cab and permit, you don't in fact get to set your own hours or have a lot of control over your routes or schedules. That may be different if you work out in the suburbs, but you'll also make much less there.
It can be very dangerous work; many cab drivers are killed for the small amount of money they carry, plus being on the road all the time means there chances of a serious car accident go way up. And it's not a very healthy occupation, since you sit all the time and don't get out of the cab much. You tend to eat junk food and adopt other unhealthy habits.
Oh, and you get to clean the cab too. Pick up someone at 2am and they puke all in the car? You're cleaning that up. People track in mud, or blood, or who knows what else? You clean that too.
In the right situation, you can make OK money, but it's HARD, often nasty work, and plenty of your customers will have bad attitudes, or won't want to pay, etc.
If you can target certain customers (airports, business centers), you'll be better off.
But as someone suggested, working for a limo company would be similar but you'd be dealing with more upscale clients on average, and probably get better pay. You still have to clean the car at the end of your shift though, so again, business/corporate customers are the way to go if you can. Teen proms and pub crawls are NOT your ideal customer.
Pros: You don't have a boss breathing down your neck every second of the day, you're not stuck in an office. and the work is easy.
Cons: Runners, high gas prices, road rage, car accidents, etc.
Better to be a limo driver if you can.
Pros:
You're in charge of your work hours.
You can take whatever days you want off.
If you like driving, you're doing something that you enjoy doing-which is always good.
Cons:
Paying for gas.
People who may not pay.
Possibility of bad or dangerous people getting in your cab.
More chances to experience a wreck since you're driving more often.
the last cab driver I talked to said that it's not easy. Hopefully you'll be a nice taxi driver =P
dangers, people don't pay, boring, drunk people.
money, a job, nice people
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