Solo o/os. Do the rates suck? What's your contingency plan?

Is it not true that you can be blindfolded to pick a load off a load board list and make good money on it?

We are in the 6th consecutive quarter where the rates are attractive enough to allure new investments into the small trucking business, perhaps the biggest that has ever been experienced. As a consequence, combined with the pandemic-related inadequate truck and trailer production output, we are also experiencing an unprecedented scarcity of trucks, trailers, and parts which in turn creates a worrisome situation, at least for some of us. Have you asked yourself:
What happens if your truck or trailer are totaled?
What happens if you can't find your overhaul kits?
What happens if you can't find your fuel pump or turbocharger...? Heck, I heard that oil filters are hard to come by lately too.
Are you going to be out of business, even though there is 6 digit figure on your business account?

Because of the fact that we live in the biggest free-market economy in the world - where still demand and supply is its driving force, this phenomenon is quite interesting: you got money but you can't buy anything...or rather, you ALWAYS can but you need to pay exorbitantly more from what is considered reasonable. What's reasonable...? "Reasonable" is not a word that can be found in the equation of supply and demand, right?!

Well, in the spirit of the free market, the price is always justified by the supply and demand, we have no choice but to accept things as they are...So, you want to stay in the game?!
Then pay 250 000 for the new truck!
Pay 120 000 for the new reefer!
Pay $130 000 for that chewed-up Cascadia!
Can't afford to pay as much?! Me neither...why is that?!
Because the rates suck! - we need more than 5 dols per loaded mile, we need more than $300 000 gross per year...
I propose to face the reality and adjust the rates to reflect the current situation! Anyone hauling for less than $10 per mile is hauling cheap!
Do you concur?

 

I have a similar line of thinking.
"Long" is relative. I could wait some...but the question is; wait for what? For the prices to go down, the rates to go down?
No way in the World, I'll be paying more than a quarter-million for a new truck and trailer. On the other hand, I am spoiled enough and wholeheartedly dread going back to work for someone too.