The cost of becomming and Owner Operator.

Discussion in 'Ask An Owner Operator' started by TooTiredToTalk, May 4, 2022.

  1. TooTiredToTalk

    TooTiredToTalk Medium Load Member

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    Curious because this can help me in the future as well....why is that? I've heard of O/O's dispatching themselves. So you could please provide more insight?
     
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  3. TooTiredToTalk

    TooTiredToTalk Medium Load Member

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    Is that with the shortage of everything going on right now and the costs rising?
     
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  4. TooTiredToTalk

    TooTiredToTalk Medium Load Member

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    He was thinking reefer or flatbed by himself OTR. He was leaning more toward reefer I believe.
     
  5. Arctic_fox

    Arctic_fox Experienced mx13 execrator

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    Its one of those grey area things, as i have been told usually self dispatch means going load to load, job to job, broker to broker and hopeing they have a load or 2 worth taking. Finding yourself work means finding a company(s) that you get onto a steady relaiable gig or finding cargo thats not on some broker page. For example instead of just taking whatever the best paying load is that pops up on the load board or that a broker will throw your way, you knock on doors, find steady work, make connections and so on. Or alternitivly making sure you pick up loads that lead to other good loads on down the road. I.E i take a decent load from ohio to utah instead of the great load from ohio to colorado because the load in utah puts me beside a second decent load that leads me to new mexico where a great load to crapcago waits. The ohio to denver load pays good but then there is jack all for reloads.

    Your a business, businesses dont keep the doors open by hanging onto other peoples coat-tails and being handheld they instead keep their eyes open for opertunitys to make their own way.

    For example im leased to my current company with a truck and trailer i brought in externally (i.e no lease purchase) because they can offer me steady reliable and dependable work. Instead of playing whack a mole with a broker. i instead know that tomorrow ill wake up, have a load and can run and that i will average right around X amount consistantly. Sure i could make a bit more elsewhere or a lot more individually elsewhere but there is no security in the loads or assurance i wont get jipped. With this company they have a proven track record and good loads.

    With a broker tomorrow is never assured.
     
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  6. TooTiredToTalk

    TooTiredToTalk Medium Load Member

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    Oh okay, makes sense. You want job stability obviously. Not like knowing when your next meal will be type thing. When you are going to lose everything.
     
  7. Shanebklyn

    Shanebklyn Bobtail Member

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    Sounds like it to me but what I know lol
     
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  8. Codycodycody11158

    Codycodycody11158 Bobtail Member

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    I started with 30k cash and 35k in available credit cards. Financed a used truck with 14k down and leased a trailer from landstar. And with 65k to start with I felt it was a shoestring budget.
     
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  9. Judge

    Judge Road Train Member

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    I’ll throw this guy out there.
    He does a lot of good info, though he gets long on videos.
     
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  10. bonder45

    bonder45 Road Train Member

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    Here’s a simple break down of my worst truck and trailer and fuel + insurance for last year.

    D8C83557-6653-4437-8FC2-68C091375187.jpeg 7545FD25-B848-445D-8F8C-7640B79A5075.jpeg 7AF96047-547F-444B-8B02-8068C2774807.jpeg 859E0044-D2B7-4CD4-9BDA-36325D67FD91.jpeg 75CCD763-CDAC-4F0B-AA8F-89895EF366F9.jpeg
     
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  11. TooTiredToTalk

    TooTiredToTalk Medium Load Member

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    No, although like I said it helps me to know costs and all as well. I'm not stupid enough like some to go and get a truck and try to be an O/O right off the get-go. But I'm not going to announce to everyone on here where I currently work because it isn't anybody else's business. I'm a company driver. There are few drivers on here that I truly trust. I've talked to and went some for advice and I would likely trust, but the rest....no sir. Anyways, whether you think I was asking for myself is a matter of opinion and making an assumption on what you see on here. Just saying ;) Have a good, sir.
     
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