To those that work for low rates...

Discussion in 'Ask An Owner Operator' started by Renegade92, Jul 11, 2022.

  1. supergreatguy

    supergreatguy Road Train Member

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    Look at that this way. 90% of lambo owners are pos, 90% of Kia owners are probably aight.
     
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  3. supergreatguy

    supergreatguy Road Train Member

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    so if at the end of the day, week, months, year I’m good with no debt, bills paid, money saved…it’s not profit?

    sorry about your payments buddy, gotta suck to have to hunt 5/mile loads all day long
     
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  4. bonder45

    bonder45 Road Train Member

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    Speaking with no idea of what actually goes on in my business makes you look foolish.

    You probably get your taxes done at HR Block too from these statements you’re making.
     
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  5. supergreatguy

    supergreatguy Road Train Member

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    you spoke about mine initially lol.

    I got a tax guy, a decent tax guy. He drinks black coffee, and is trying to eat better.

    Regardless of what you say, you got payments to make. Quit wasting time talking to me on your phone.
     
  6. staceydude

    staceydude Road Train Member

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    I think you underestimate the ease of startup. Starting a lawn care business is much easier… lolol a lot of those guys fail also. Let’s face it. A lot of businesses fail.

    I don’t think it is as easy as you think to get financing (I don’t know I did not try) Some people have a lot of skin in the game.

    There is an awful lot of paperwork needed to set up your own authority (of course that can be outsourced)

    I also believe those dudes taking a majority of $1.80 a mile loads aren’t reading this forum.

    Here is my last couple months… from DFW area.

    My average load board RPM is $2.91 (low in my opinion but it gets me back to a direct customer and that is one from Florida and some from west Texas)

    Average direct customer RPM $5.75

    If I let other people deal with a broker/possible direct customer by making phone calls and dealing with them other than me I am allowing them to setup a relationship with that entity and I am just a grunt doing the dirty work. Which on one hand is not always a bad way to be if you find the right brokers to work with. It allows a person to do what they want when they want. However, going back to your dispatcher thread. A person using a dispatcher is giving up the ability to form relationships. The dispatcher can form them and that might benefit the O/O but in the end it really benefits a dispatcher who will spread that relationship among other O/O. I want the opportunity to benefit myself. Hence I want to be the one making the calls and decisions so I’m not taking the $1.80 a mile loads. Direct customers can come and go as well. If I lose one I want it to be my fault not the dispatchers because he sent a dirtbag in and pissed them off causing that customer to fire that dispatcher which will end up costing me money.
     
  7. Rideandrepair

    Rideandrepair Road Train Member

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    You seem to think you’re the only one capable of doing math. All your wonderful insights are obvious. Absolutely nothing new has been said. You’re the one in the clouds. Basing hypothetical outcomes on hypothetical scenarios. Thinking you’re the only one who understands what’s really going on. In reality sounds like your just now figuring out what’s really involved, maybe a little too late. Meanwhile still claiming to be the only one who knows what’s really going on. You won’t learn much with an attitude like that. Show Me a successful Business. I mean a truly profitable one first. Then give advice, when asked. Right now, all you’re doing is pointing out hurdles, blaming most of your problems on others who obviously are getting the job done. Maybe you can’t compete, and therefore won’t survive. Maybe you should have done more research and taken your own advice and avoided Trucking altogether. Sounds like your looking to make money off others effort anyways. Maybe I’m wrong, or I missed something. I’ve yet to see any if your numbers. Are you failing now? Looking for a fall guy to blame? What’s your point? Did you think rates were going to stay at record highs forever? If you think rates are bad now, wait till Jan, and Feb of 2023. If you’re failing now, it’s time to dump equipment and jump ship, before you lose more. The rates are still high enough to stay afloat for many. Considering the investment in equipment involved, Trucking isn’t a Business to be investing in based on speculation, or theory on paper. Real life work is what decides success or failure. Plain and simple. This is why so many uneducated people can succeed in Trucking. It’s still a pretty basic Business. It’s hard work, period. Not that complicated. Anyone willing to work can succeed. You make more complicated all you want. Wasting time figuring revenue 5 different ways, coming up with 5 different results. Nothing will change the bottom line, without doing the actual work. Understanding things in a hypothetical way, and understanding things based on experience are two totally different things. One way is real, the other way is BS. If it’s not happening, it’s not real, just more BS, on top of the existing layers of BS.
     
  8. bonder45

    bonder45 Road Train Member

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    In 3 years I've quadrupled my business. You don't do that from making sup-par decisions.
     
  9. supergreatguy

    supergreatguy Road Train Member

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    100%. Too rub some more salt into his eyes on his comments to me, all my $**t is intermodal work lmao! Still doin just fine boi!!
     
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  10. supergreatguy

    supergreatguy Road Train Member

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    great! Keep doing what you’re doing and maybe it’ll grow 20 times over. You can retire and keep doing what your doing. And then maybe your kids can grow it 100 times over, and their kids 10000 times over. Wonderful. And then what?
     
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  11. Renegade92

    Renegade92 Light Load Member

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    That's a nice looking file you have there. I noticed you have a column for depreciation. Out of curiosity, what is your system for determining that amount? Also, realizing that every driver is unique, what is your current breakeven point in the form of CPM? It will be interesting to hear as the numerous posts on this thread have created a big range. Very big; I can't reason as to how the range can be that big if everybody is doing the same thing. Yes, nobody's business is exactly the same, but I believe it fair to say that most are more alike than different.
     
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