How Much Can Logistic Partners Make? Is Becoming A Logistic Partner For Lime Worth It?

Once you meet the basic requirements, you can apply to be a Logistic Partner with Lime. But just because you CAN start a new business DOES NOT mean it's the right move. Ultimately, paying your workers will be your biggest business expense. Lime leaves the choice of hiring hourly employees or independent contractors to each individual Logistic Partner.
Take your time and make smart, practical decisions for your own business. It's not a one size fits all approach, and you get to call the shots with your business model. You can make good money working as a Logistic Partner for Lime, but it will take more time and energy than you think it will.
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Resources:
www.li.me/about/partners/logi...
www.li.me/blog/limes-gen4-e-s...
www.washingtonpost.com/techno...
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www.irs.gov/businesses/small-...
www.irs.gov/newsroom/understa...
www.irs.gov/newsroom/irs-incr...
www.bls.gov/news.release/pdf/...
• Inside the $700 / Day ...
www.does.dc.gov/
www.dol.gov/whd
www.dir.ca.gov/dlse/faq_minim...
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gasprices.aaa.com/
www.seattle.gov/documents/Dep...
Timestamps:
00:00 Introduction
02:04 Initial Business Startup Costs
02:54 Scooter Models & Location
05:36 Hiring Employees Or Contractors
12:16 Warehouse Or Not To Warehouse
14:35 Own, Rent, Or Reimburse
16:19 How Do Logistic Partners Make Money?
20:49 Paying Independent Contractors
22:30 Paying Traditional Employees
23:24 Cost Of Gas
26:51 Cost Of Providing A Work Vehicle
28:48 Cost Of Reimbursing Mileage
29:50 Cost Of Providing A Warehouse
30:58 Breaking Down The Numbers
40:28 Competition With Other Logistic Partners
42:10 Should You Become A Logistic Partner?
*Disclaimers & Disclosures:
I am not a financial adviser. These videos are for educational and entertainment purposes only. I am merely sharing my personal opinion and my personal story. Please seek out the personalized guidance of professionally trained and licensed individuals before making any decisions. Also, some links in the description may be affiliate links where I receive a small kickback from any sales made.

[@CORONA7100]

Very good video very instructive, Thank you!

[@enduringfinances]

Glad it was helpful!

[@joyslabaugh8286]

Thank you, for laying it all out.

[@enduringfinances]

My pleasure!

[@JessSkubi]

You did an amazing job! This definitely helped determine if I should attempt to be an LP. I received a scouting email from them to become an LP.

[@enduringfinances]

Hey thanks! I am so glad that this helped you! Good luck!

[@JessSkubi]

@@enduringfinances Thank you! I'm just waiting to hear back. 😊

[@dannyrhodes8737]

Incredible video! Can I just charge these in my apartment? I also am struggling to understand the jump from a juicer to an LP.
Do you think the demand will keep up with the saturation of LP’s or will this soon become too competitive that it won’t be profitable long term?
Thanks! You did great with this video!

[@enduringfinances]

Thanks! If the older models are operating in your area then yes, you can charge in your apartment. If you have the swappable batteries, you won't need to charge them, just change out the batteries. I think Lime will over saturate each area with too many LP's and it will be competitive. However, you can expand to new cities an win the market share if you want to grow. Either way, it will depend on the numbers if it will be profitable for long term.

[@100USDollars]

Just curious. Do you know if each logistic partner will be assigned X amount of scooters PER day or is it a free for all first come first serve?

[@enduringfinances]

It comes across as a free for all. It would be a logistical nightmare for Lime to track and dictate the x amount of scooters for each Logistic Partners.

[@deathmondue7749]

Can a logistics partner pick up scooters and charge them as well

[@enduringfinances]

Yes they can. From what I've seen a lot of them do daily work.

[@br7184]

How many employees do I need to start ?

[@enduringfinances]

Lime is a little vague but, the most common number I have seen is 3.

[@br7184]

@@enduringfinances thanks

[@skateranddancer]

So basically they want to shift liability with little benefits.

[@enduringfinances]

That is a strong reason for this shift. It frees up a lot of wiggle room for Lime and places more of the day to day on Logistics Partners.

[@arroyorentalproperties9715]

Great video! Can I contact you for more questions?

[@enduringfinances]

Yes of course! You can message me on Facebook, Instagram or shoot me an email at [e-mail]

[@g2b86]

How can I contact you for more questions

[@enduringfinances]

You can shoot me an email at [e-mail].

[@Wasimamirali]

@@enduringfinances thanks can I email u ask well I have questions

[@enduringfinances]

@@Wasimamirali You sure can! I'll do my nest to answer them for you.