Hello,
I have idea to start my own trucking business. I would like to ask you for opinion
Ok here is my situation:
My wife have a nice job 185k year. Our home is paid-off in full. (so no mortgage no rent).
That means we can save up to 5k-6k per month and I don't need income from trucking (at least not right away). I want to say I am not in rush to make some $$.
I am full time available at the moment without any obligation
We have some cash about maybe 500k available to invest in trucking business.
I don't have CDL nor I ever was in truck before . I only have car driver license for about 15 years. My credit score is 800+.
Since we are in quite good finance situation I was thinking should my first step be to actually drive truck for a while?
I am ready to buy brand new truck or two. (200k each with trailer). But trucking business is not just buying truck so I wanted to ask you guys here for opinion.
I would prefer "new" trucks since I would like to avoid service issues and also I am in California.
Thanks!
Trucking Business
Discussion in 'Experienced Truckers' Advice' started by vladrad, Apr 5, 2014.
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I've seen it said over and over: Don't jump in feet first. Test the waters. If you are thinking about doing this then go get your cdl and drive for a company first. There is too much to learn just as a driver right off the bat not counting throwing in all the stuff involved with being an O/O. I know others will have more info but I know my bf plans to put in at least 5 yrs before trying to get his own truck.
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Find a partner with experience, or try to purchase a small trucking co.
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If your over 45 just drive for a local school bus company if you want. Ull make about 20k a year. I'm doing this when I quit trucking.
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Thank You all for replays.
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Your also in california of all places?!!!
Are you a self abusive?
There are random drug tests so whatever your smoking isn't going to fly.
You have the assets available to get into a business with far less BS.
Alright. I'm editing the post 'cause I came out firing.
I apologize for being harsh but the reality is, yes. You need to drive a truck for a while for some starter company.
If you can put up with the crap and whatnot and you like driving a big-##### vehicle you'll be fine.
california hates trucks, not just a little bit either, they despise them.Last edited: Apr 5, 2014
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Yes you should definitely get your cdl and drive for a while. You will be able to manage a company better if you know what its like to be a driver . It will also help relationships with employee drivers. Driving trucks is not like other jobs. I personally could not work for someone who didnt know the industry. Im sure most drivers would like to know the boss has been there.
fireba11 Thanks this. -
I have advantage to be able to work for 0$ profit in next 10yrs. That is why I can afford such adventure.
Also since California has tough regulations I am thinking about buying new trucks. -
How much time driving you would recommend in such case?
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