Brokers are thieves!!!

Most mom pop startup anything usually have already been in the business for some time so they would already have their customers ready to go.

 

I will just pretend you did an extensive study to come up with that data and move right to the next point.

Who replaces them when they die?

Shall we hamstring our own grandkids? Kill yet another job that can buy a house and raise a family?

 

If they’re profiting $1-2k for a couple hour’s work it’s awful foolish of you to have that knowledge and still be driving a truck.

 

It also neglects all the hours of soul-crushing sales calls that went into it, the sweating bullets on making sure there's enough operating capital, etc, etc, etc to make it all work.

Sure, it sounds cool. But when you're out $750 over 10 trucks in a day to one customer and assuming you're rolling it 5 days a week, that's $37500 a week you're floating until they pay. Which can be 30/60/90 days, depending on what agreements you have with said customer. 150,000 in rolling receivables a month that can all come crashing down around you as soon as a claim comes through and they decide to put all pay on hold, for 20,000 in margin. That you still have to pay out $130,000 to carriers in a month to cover on, because they still did a job for you, and you've still got to pay them regardless of whether or not your customer is paying you.

People want to talk about brokers like there's no risk in it. I've got a former customer that owes me 7500 from two years ago. We have other customers that still owe a ton. I have customers who slow pay, at 90 or so days. The carrier has been paid for 70, and we're still waiting on payment from them.

It all adds up.

 

There’s no work in it. Get broker authority = pay bond = become a millionaire in 30 days because you steal from truckers. I read it on this site so it has to be true.

 

From reading this post my main takeaway is that many (not all) brokers are wusses.

I know a few people in insurance sales and it's hard work and also strictly licensed and regulated. I keep hearing brokers here say that if they regulate me it will be too hard. Well maybe you shouldn't be a professional broker then. It may be just a little to much for you to handle. Go away and let the brokers with more talent take your place.
Most sales jobs require hard work, people skills and determination. It can pay big or crap. And most is heavily regulated.

 

Sure would be something if the guys that are so passionately for regulation would know anything at all far as facts go about what it takes to make it.

#itseasy
#shippersdontwant1truckops
#youcandoitfromyourbasement
#idriveatrucksoimmoreimportantthanthem
#castratingarelatedbusinesswillhelpme
#failuresdeservesuccesstoo
#notenoughparticipationtrophies
#drivingatruckismoreimportantthanbasicmath
#noneofthesehashtagsaretrue

 

If it was easy anyone could do it.
Sales are hard. I respect salespeople.
1) work butt off for little to no pay.
2) start making ends meet.
3) everything falls apart through truly no fault of your own.
4) repeat steps 1-3 a few more times.
5) finely start really building it up.
6) make a very good living.
Boom after a few years of tears your an overnight success.
Most people can't hang on past steps 1-3. Those that do have earned step 6.

Regulations would need to be followed by all brokers. Just like all regulations need to be followed by all drivers.

Some couldn't hang on without running two logs. And sure some brokers aren't skilled enough to keep up if things are regulated but others will take their place.

 

You forgot step 7) finally start making money and your customers want your income regulated.

 

Income or industry? They are different.