Is it good to be an Owner/Operator ?

Discussion in 'Ask An Owner Operator' started by klaman, Aug 13, 2014.

  1. jbatmick

    jbatmick Road Train Member

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    Dec 1, 2009
    hastings, Fl
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    An O/O is simply buying himself a job. Would you hire hire yourself for an employee if you were the boss ? Being an O/O can be rewarding if you are a self-starter who has a little business sense and wants to work.
    I strongly discourage starting out as an O/O. You need to learn a little about trucking before jumping into business of hauling your own freight.
     
    Last edited: Aug 16, 2014
    rollin coal Thanks this.
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  3. truckergalchi

    truckergalchi Bobtail Member

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    Jul 22, 2014
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    How do you track these? A program? Or on your own?
     
  4. gator21

    gator21 Light Load Member

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    Dec 4, 2011
    Norwich NY
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    I was a company driver for 10 years after being trained by my uncle(o/o).when I bought my first truck it was unusual circumstances , lasted 2yrs. location and family caused me to throw in the towel. relocated company driver for awhile and couldn't wait to get my own again. couldn't have it any other way, cant stand the thought of some punk snot nose tellin me how to do my job. have no company 401k,paid vacations, personal days, sick days etc..do what I want when I want(or when wife and kids want) best job ever.
     
  5. klaman

    klaman Bobtail Member

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    Aug 9, 2014
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    That sounds great, congratulations for being a great business man and I'm happy that you also have time for your family (which some drivers complain about, since they're a lot of time on the road)
     
  6. bgxpress2006

    bgxpress2006 Light Load Member

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    May 25, 2013
    Montreal, Quebec
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    T
    I mad my own spreadsheet using microsoft excel to track fuel, maintenance, expenses and revenu. I have my fixed cost such as insurance and truck payments and my variables such as fuel. It also includes incoming revenu. If you dont know your numbers trucking can be a trap as you are often paid many weeks after the work is done. If you just want to drive and enjoy the scenery dont buy a truck stay as a driver but if your willing to do the xtra work, enjoying the scenery is your bonus
     
  7. walterjacobo15

    walterjacobo15 Light Load Member

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    Aug 23, 2014
    Here and there
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    Company driving is for: Polishing your skills, learn how to take care of a truck and save enough money for a down payment or a truck.

    Pros of O/O, better money and freedom
    Cons., non if you like hard work, money management and turning nuts and bolts once in a while.
     
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