Question about investors in the trucking business

Go for it. Let us know how it works out.

 

Granted I have not been in this forever, but in my 10 years I have never seen this whole investor thing working out and I have seen quite a few attempts.
Usually it starts out fine, after couple of months problems from drivers and equipment start piling up. Insurance problems, Fmcsa audit problems, IRP and IFTA headaches, all kinds of things come up.
Partners get tired and get extremely stressed. The investor asks where is my profit, the one who runs the business says there is no profit, I have no life and just drowning over here. Then they get in fight, close up the shop and sell equipment for pennies, just to get rid of it.

 

Yep, it's a lifestyle to be envied.

 

Oh #### grabs the popcorn

 

LOL 30K have you checked your insurance qoutes? not cheap plus the down payment for a truck beaters with heaters are not cheap now either. and what if it breaks going off the lot? i hope you have more than 30K in the bank.

 

it's an insane idea to get into this now with the way everything's going fuels through the roof rates suck people are sitting brokers refusing to pay everyone's going broke.

 

No hate here, my friend. I'm just giving you the straight story. Don't worry, some people less nice than me will be along shortly.

And what makes you think i didn't make it? I have made it. I work when I want to but I've had to make concessions to do so, and you will too.
I'm working now, just not driving at the moment.

But seriously man, bragging about throwing away money is not going to do you any favors with anyone in any business at any time. Never has, never will.

It shows a serious lack of life experience.

That said, I'm done talking to you.

 

In my experience, the people who actually have money, don’t have to be constantly trying to convince others they do. And I personally know some filthy rich people who live outa Aldi and drive junky vehicles. I worked in sales for my dad for 10 years, and the people who showed up in designer clothes driving brand new vehicles were the ones who almost always asked for financing.