Need Unbiased Opinion Please

I guess it really depends on the "partner", as to whether or not it's a good idea. Business partnerships can sour quickly if you're not both on the same page. I would think this out a little better and come up with a contract of some sort to ensure that your interests are protected in this partnership. If this person is pressuring you to seal the deal by 0800, s/he may be trying to take advantage of you. It's obvious that you are in no way prepared for this business venture, so don't be pressured into jumping in prematurely. You need a financial plan, a division of labor agreement, a division of operating expenses agreement, and a division of profits agreement. Who's paying for fuel, maintenance, taxes, etc? Do you even have a revenue source lined up yet? Why does it have to "come together" by 0800 today?

 

If you have the truck all/ready to go then no reason to rush to drive into a deep hole, be sure you get Qual. with new co. so you can drive your truck if ness. ?

 

I know it's an opinion you want, but you probably know the answer already.

 

Red flags all over this. Don't let someone rush you into something like this. The only kind of ship that won't float is a partnership. Personally I would pass on a deal like this and leave the truck parked. One truck can't support 2 families. Wait until you're ready and do it all yourself. You don't need this other guy at all he's just dead weight that can't get his own truck. What is it with broke drivers coming up with every scheme in the world to try and get into ownership? If they'd put half that effort into an honest effort no telling what they could accomplish. If someone can't manage money they're not ready to manage any part of a business.

 

don't do it,,

 

I have to agree with this. 1 truck will not net enough to support 2 families. Not if you factor proper maintenance and repairs into the equation.

Hurst

 

I agree with Hurst and Rolling Coal.

If you 'put your time in', you've seen good drivers and bad drivers. A good driver is never, and I mean NEVER in want in this industry. Sure, he may have a setback, but he's never in want. I have never known a good driver that went to a truck owner to pressure them into using their truck to start a business. If a driver has experience, has a good record, has a good name, the offers come to him...not vise versa. This guy you're refering to, he is probably a friend or an aquaintance that found out that you have a truck just sitting. Do not confuse a good friend with a good driver. This is business and YOUR NAME (the most valuable thing you have) is on that truck. You're obviously not hurting for money, so why the pressure to make a decision?

Want to make money with that truck? Either sell it outright OR hire a driver. Like I said, good drivers are never in want, so trying to find a good experienced driver is almost impossible. You have to lure him in from someone else's truck ($$$$). I'd hire a rookie before I'd hire a veteran dirtbag. You can at least train a rookie to be a solid driver. You cant do that with a dirtbag.