Is it worth it, finanically speaking, to O/O...???

Discussion in 'Ask An Owner Operator' started by Fiddle Sticks, Apr 1, 2013.

  1. MrEd

    MrEd Road Train Member

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    I agree entirely. I have looked into buying a poultry farm down in Missouri a few years back. Quarter million is a cheap farm. And a decent size row crop farm, a new combine is a quarter million without the grain head on it. Try starting a decent bar. In some areas of the country just the liquor license will run more than a good used semi tractor. If you wanted to start a McDonalds restaraunt, and be a burger flipper, it will take more than a half million all told. I cant think of too many businesses you can start, where you can make a decent living first year out, for cheaper than starting in this one. Just shop as wisely as possible for the truck, pray for a little luck, and go for it. Sorry, I couldn't resist adding in the Burger Flipper comment. It seems common in many threads on TTR to say burger flipping is a good alternative to truck driving.
     
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  3. cbholister

    cbholister Light Load Member

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    Oh MrEd, I am only talking about 1 chicken house. Most all farms being built now have 4 on them. I just keep seeing all the naysayers and had to say it. In my opinion trucking is one of the cheapest businesses a person can start in. I know it can go bad fast, but anything can and you would also have alot more in it.
     
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  4. Fiddle Sticks

    Fiddle Sticks Light Load Member

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    Two different worlds: local courier work, OTR car-hauling work.

    What I left was the former, where I guess I was more of a O/O leased to a company and not an independent O/O. The rates for local home-everyday courier work have similarly to the trucking industry rates, remained stagnant, or worse.

    Meanwhile, insurance and fuel prices have gone to the moon. There are no load boards, or brokers, or direct shipper available to the local courier. Also, in the nine companies I worked at in eleven years, only one informed me as to what the load would pay before I saw it on my settlement statement.

    Bottom line, a typical day, if I was called in for work that day, would be a simple $25 run taking me three hours and 48 miles to perform, and 20 of those miles not tax deductable because the first and last trips of my day is considered commuting.

    Or, you could hit the lottery and make a whopping $75-110/day, but be sure to take out your tolls and fuel expenses, for driving 150-225 miles. Why don't you come to Chicago in a cargo van and show me how its done using these numbers? :biggrin_255: You would be hard pressed to make antying even if you were driving an gas miser car.


    What I am am prospecting is the latter--running many miles per day at a rate assured by OTR car-hauling. Deadhead miles are a variable, but so they where too in the former. Two very dissimilar business models to the objective and reasonable person's eye...I am surprise you as a 'Super O/O' could not see this.

    ---------------------------------

    You would chastize the typewriter repairman O/O for not being able to make it either, so who are you crapping?


     
    Last edited: Apr 4, 2013
  5. Freightlinerbob

    Freightlinerbob Road Train Member

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    I couldn't read the first post because the SUPER ANNOYING color of the text hurt my eyes.

    Anybody so lacking in common sense that would choose that color on purpose, hasn't got what it takes to be a successful O/O.

    Why would anybody asking a serious question do that?
     
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  6. Fiddle Sticks

    Fiddle Sticks Light Load Member

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    Hmmmm...interesting theory depite the question of its validity. Perhaps you should retire from trucking if the color green hurts your eyes--there are miles of pastures along interstates. Think about it. We all want to be safe out there from drivers whose eyes hurt whent they see the color green such as a green light at a stop-light.
     
  7. Epmtrucks

    Epmtrucks Medium Load Member

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    I somestimes wonder why some spend what they spend on the color paint they put thier trucks.....some are "super annoying" when you see them on the road.
     
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  8. UK-Chris

    UK-Chris Bobtail Member

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    Other than people insulting one another this is an interesting thread, thanks.

    I'm trying to fathom the whole thing out myself at the moment.
    Getting the real information isn't so easy.
     
  9. Epmtrucks

    Epmtrucks Medium Load Member

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    It is as close as I have come to having an honest debate on what is good freight versus the cost and the numbers debate on running your equipment or business. We can load side by side and deliver side by side and one operator can spend .20 more a mile than the other one and they call the freight cheap.
     
  10. superpet39

    superpet39 Road Train Member

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    :biggrin_25514::biggrin_25514: You do things like that when you don't get any attention at home :biggrin_2559:

    now back to the question at hand...... IMO I think a person that is even considering being an O/O....should have at least a couple years exp under their belt first.
     
  11. Freightlinerbob

    Freightlinerbob Road Train Member

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    I still haven't read the original question or the OP's response to my post because of the Fluorescent Neon Green

    However, based on the title of this post, my answer is yes. Very much so.

    If you do it right. That means that you

    A) work on a revenue split and never ever work " by the mile". Did I say never? NEVER.

    B) pull your own trailer

    C) you have to be as good a business person as you are a driver. You have to learn to be both. If you can't handle/ care for a truck it will cost you. If you can't manage costs it will break you.
     
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