Business

Earning Extra Money While Driving as a Side Job?

Published

1 year ago

February 27, 2024

In the increasingly competitive ride-hailing industry, Uber and Lyft drivers are constantly searching for new ways to maximize their earnings, but one emerging trend involves advertising in the form of eye-catching car wraps. By allowing companies to place advertisements on the exterior of their vehicles, Uber and Lyft drivers drive sales as they drive their regular routes.

“Earning extra income for each mile your drive is as easy as downloading our app on your smartphone and telling us a little about your driving habits, your car, and yourself,” Says Judah Longgrear, CEO and co-founder of Nickelytics. “We analyze your daily routes and mileage to match you with the brand that will benefit most. Our team reviews your information and reaches out as soon as a campaign is available in your area.”

What is car wrap advertising?

Car wrap advertising is a highly effective marketing strategy that involves drivers partnering with companies to cover a vehicle’s exterior with a large advertisement. These advertisements often display a company’s logo, branding, and contact information.

Car wraps can also be partial or full, covering specific areas or the entire vehicle’s surface. This moving advertising allows companies to reach a wide audience as wrapped vehicles travel throughout various locations.

“Since campaigns depend on our advertisers’ needs, we can’t predict exactly when and where new campaigns will emerge,” Longgrear remarks. “However, if your primary driving route lies within a 30-mile radius of Dallas or Houston, Austin, or San Antonio Texas, we are actively recruiting to fill positions now.”

Benefits for Uber and Lyft Drivers

Uber and Lyft drivers can reap several benefits by participating in car wrap advertising, but perhaps the biggest advantage is the opportunity to earn passive income. By partnering with companies for rideshare advertising campaigns, Uber and Lyft drivers receive payment for allowing ads to occupy space on their vehicles. The amount of income depends on various factors, such as the location, duration of the campaign, and the driver’s route.

Since the primary occupation of Uber and Lyft drivers is offering rides, car wrap advertising provides them with the flexibility to earn added income for what they already do during their regular work hours. They continue earning their regular income by providing rides, while the advertisements generate passive income. The driver’s primary role is to maintain their vehicle’s appearance, ensuring the ad remains in good condition.

“We prefer to hire rideshare and delivery drivers, but we also welcome business owners and commuters if they meet our mileage requirements,” says Longgrear. “To earn extra income with car wrap advertising, our drivers must be able to log at least 30 miles each day, 150 miles each week, and 450 miles each month.”

Drivers also benefit when a well-designed car wrap makes them stand out from other rideshare drivers, potentially increasing their popularity. This heightened visibility benefits not only the advertiser but also the driver.

Drivers have the freedom to select campaigns that align with their personal preferences. When passengers take notice of advertisements, it can spark conversations, create connections, and lead to a boost in tips.

How drivers can get started with car wrap advertising

To get started earning extra money through car wrap advertising, Uber and Lyft drivers should look for reputable car wrap advertising companies that connect drivers with potential advertisers. Before signing on, they should ensure that the platform has a good track record, pays drivers fairly, and provides clear guidelines for the advertising process.

As drivers research, they will want to investigate the requirements for qualifying their vehicle for car wrap advertising. “At Nickelytics, we are currently looking for drivers over the age of 18 with valid driver’s licenses, clean driving records, and 2018 cars or newer,” says Longgrear.

Once approved, drivers choose the advertising campaigns they want to participate in. They do this by reviewing available options and selecting campaigns that align with their preferences and the target audience they generally encounter during their rides.

When an advertising company selects a driver for a new campaign, it reaches out to schedule car wrap installation. This process usually takes a few hours and is performed by professionals to ensure a high-quality wrap.

“Once we choose you to participate in a campaign, we’ll put you in touch with the nearest car wrap installer,” Longgrear explains. “You coordinate your wrap installation, but we cover all the associated installation and removal costs.”

After the wrap is installed, drivers earn additional income based on the terms agreed upon with the advertising company. Payments vary depending on several factors.

“Our drivers’ pay varies depending on the length of the campaign and type of advertisement,” notes Longgrear. “Typically, our drivers boost their regular income by an extra $175 and $250 monthly. However, select campaigns can enable them to earn up to $500.”

Car wrap advertising presents a win-win situation for both Uber and Lyft drivers and companies looking to expand their reach. With minimal effort, drivers benefit from increased income and visibility while companies gain exposure to a broad audience. As this innovative advertising approach continues to gain traction, it presents an excellent opportunity for drivers to earn extra money while doing what they love: driving.

Business

13 Reasons Investors Are Watching Phoenix Energy’s Expansion in the Williston Basin

Published

1 week ago

April 23, 2025

Matthew Wiles

As energy security becomes a growing priority in the United States, companies focused on domestic oil production are gaining attention from investors. One such company is Phoenix Energy, an independent oil and gas company operating in the Williston Basin, a prolific oil-producing region spanning North Dakota and Montana.

Phoenix Energy has established itself as a key player in this sector, expanding its footprint while offering structured investment opportunities to accredited investors. Through Regulation D 506(c) corporate bonds, the company provides investment options with annual interest rates ranging from 9% to 13%.

Here are 13 reasons why Phoenix Energy is attracting investor interest in 2025:

1. U.S. energy production remains a strategic priority

The global energy landscape is evolving, with a renewed focus on domestic oil and gas production to enhance economic stability and reduce reliance on foreign energy sources. The Williston Basin, home to the Bakken and Three Forks formations, continues to play a critical role in meeting these demands. Phoenix Energy has established an operational footprint in the basin, where it is actively investing in development and production.

2. Investment opportunities with fixed annual interest rates

Phoenix Energy bonds offer accredited investors annual interest rates between 9% and 13% through Regulation D 506(c). These bonds help fund the company’s expansion in the Williston Basin, where it acquires and develops oil and gas assets.

3. Record-breaking drilling speeds in the Williston Basin

Phoenix Energy has made significant strides in drilling efficiency, ranking among the fastest drillers in the Bakken Formation as of late 2024. By reducing drilling times, the company aims to optimize operations and improve overall production performance.

4. Expansion of operational footprint

Since becoming an operator in September 2023, Phoenix Energy has grown rapidly. As of March 2025, the company has 53 wells drilled and 96 wells planned over the next 12 months.

5. Surpassing production expectations

Phoenix Energy’s oil production has steadily increased. By mid-2024, its cumulative production had exceeded 1.57 million barrels, outpacing its total output for 2023. The company projected an exit rate of nearly 20,000 barrels of oil equivalent per day by the end of March 2025.

6. High-net-worth investor offerings

For investors seeking alternative investments with higher-yield opportunities, Phoenix Energy offers the Adamantium bonds through Reg D 506(c), which provides corporate bonds with annual interest rates between 13% and 16%, with investment terms ranging from 5 to 11 years, and a minimum investment of $2 million.

7. Experienced team with industry-specific expertise

Phoenix Energy’s leadership and technical teams include professionals with decades of oil and gas experience, including backgrounds in drilling engineering, land acquisition, and reservoir analysis. This level of in-house expertise supports the company’s ability to evaluate acreage, manage operations, and execute its long-term development plans in the Williston Basin.

8. Focus on investor communication and understanding

Phoenix Energy prioritizes clear investor communication. The company hosts webinars and provides access to licensed professionals who walk investors through the business model and operations in the oil and gas sector. These efforts aim to help investors better understand how Phoenix Energy deploys capital across mineral acquisitions and operated wells.

9. Managing market risk through strategic planning

The energy sector is cyclical, and Phoenix Energy takes a structured approach to risk management. The company employs hedging strategies and asset-backed financing to help mitigate potential fluctuations in the oil market.

10. Commitment to compliance

Phoenix Energy conducts its bond offerings under the SEC’s Regulation D Rule 506(c) exemption. These offerings are made available exclusively to accredited investors and are facilitated through a registered broker-dealer to support adherence to federal securities laws. Investors can review applicable offering filings on the SEC’s EDGAR database.

11. Recognition for business practices

As of April 2025, Phoenix Energy maintains an A+ rating with the Better Business Bureau (BBB) and is a BBB-accredited business. The company has also earned strong ratings on investor review platforms such as Trustpilot and Google Reviews, where investors often highlight clear communication and transparency.

12. A family-founded business with a long-term vision

Led by CEO Adam Ferrari, Phoenix Energy operates as a family-founded business with a focus on long-term investment strategies. The company’s leadership emphasizes responsible growth and sustainable development in the Williston Basin.

13. Positioned for long-term growth in the oil sector

With U.S. energy demand projected to remain strong, Phoenix Energy is strategically positioned for continued expansion. The company’s focus on efficient drilling, financial discipline, and structured investment offerings aligns with its goal of building a resilient and growth-oriented business.

Final thoughts

For investors looking to gain exposure to the U.S. oil and gas sector, Phoenix Energy presents an opportunity to participate in a structured alternative investment backed by the company’s operational expansion in the Williston Basin.

Accredited investors interested in learning more can attend one of Phoenix Energy’s investor webinars, which are hosted daily throughout the week. These sessions provide insights into market trends, risk management strategies, and investment opportunities.

For more information, visit the Phoenix Energy website.

Phoenix Capital Group Holdings, LLC is now Phoenix Energy One, LLC, doing business as Phoenix Energy. The testimonials on review sites may not be representative of other investors not listed on the sites. The testimonials are no guarantee of future performance or success of the Company or a return on investment. Alternative investments are speculative, illiquid, and you may lose some or all of your investment. Securities are offered by Dalmore Group member FINRA/SIPC. Dalmore Group and Phoenix Energy are not affiliated. See full disclosures.

This article contains forward-looking statements based on our current expectations, assumptions, and beliefs about future events and market conditions. These statements, identifiable by terms such as “anticipate,” “believe,” “intend,” “may,” “expect,” “plan,” “should,” and similar expressions, involve risks and uncertainties that could cause actual results to differ materially. Factors that may impact these outcomes include changes in market conditions, regulatory developments, operational performance, and other risks described in our filings with the U.S. Securities and Exchange Commission. Forward-looking statements are not guarantees of future performance, and Phoenix Energy undertakes no obligation to update them except as required by law.