Yearly Profit After Expenses...

You can't be serious can you? Your exit from trucking will be quicker than a 2 pump chump with a porn star!

 

What about all of the ways you can't or didn't think of?
Those of us that have been out here a while know things about this business and these trucks that you could never imagine and that is why we say you need to get some windshield time before you do this...

And you base that statement on what?

What you think is gonna happen?
What you hope is gonna happen?

 

Let me make this very clear my friend, I am not whining about you being an ###, I am simply pointing out that you are being an ###. I honestly could care less of your personal opinion of me mainly because there are at least 5 other people out there that have the same information you have and would be willing to offer the knowledge without being a complete dick. When I call you on this it is not because my "feelings hurt" it is because I dont have time for pessimistic ######## to downgrade me on a personal level because they don't like the little bit of information that I have presented. Now had I presented you with a buisness plan explaining everything that I have in my mind then you would have the right to make an overall opinion as to the chances of success. However you are saying that just because I have not driven a truck for X amount of years or ran a buisness for X amount of years there is absolutely no chance of success. I understand that the odds are stacked against me and that is why I am putting up with your #### to try to squeeze every bit of useful information out of your comments that I can. If you think I will fail explain to me why so that I may account for it and prepare for it.

The experience question was actually to mean how much experience driving a truck did you have before you started driving a truck. The answer is NONE. Everyone starts somewhere and that place can be different for different people. Just because you have to learn something from hands-on experience does not mean that someone else out there can't lean it, to an acceptable level, through other means. As well, what takes you a week or two to learn may only take the next guy a day or even a couple hours. Do not use yourself as the standard to judge everyone else's intellect to because it doesnt matter who you are there is always someone smarter than you in any given field.

 

The previous poster's comment does not merrit a response, however I will answer this. Did you ever think that maybe I have compiled information from a database of well over 300 drivers including company drivers, lease drivers, and drivers under thier own authority. Then used this information to base my calculations off of over the last 4 months and still have at least 2 months to continue growing that information database. As a side note the well over 300 drivers includes alot of drivers that have been asked multiple questions and some of the questions have been asked multiple times to get 2nd 3rd 4th and sometimes 5th opinions. I did not wake up yesterday and come up with this idea. I am not completely ignorant to the facts. Yes there are some things I do not know and will have to learn very fast but instead of being a coward about it and attempting to hide in the corner because 3 out of 5 drivers say this will not work. I will make my attempt and put forth my best effort and even if it does fail at least I can say that I made an effort instead of sitting here ######## about not making any money because I am working in a dead end job. I can say there is about an 80% chance that you stand behind something you believe in even though I think it is a load of crap but if we were to have a discussion about it instead of using the mentality of a 12 year old and simply telling you there is no possible way it is true I would present my information and allow you to make an informed decision.

 

Priceless!

Have fun in fantasyland...I'm done with you!

 

Good day and good luck in your future adventures.

 

Here's a brutal example of what CAN happen, posted a couple hours ago by the one it DID happen to...

 

A very good example and I can see how if something like this were to happen to me within those first three months I would be more or less screwed. Any ideas on how to prevent this or to see something like this coming? I would like to state that considering I will be buying a truck for around 9k, if this were to happen to me I would simply cut my losses on that truck and find another one. Of course this is assuming it is after that first three months in which I will have built up the money to do just that. As far as money lost sitting per day I have pretty much no personal expenses and as such my cost to sit for a day is a mere $140 so I would actually be able to afford to take a week or two days to get the new truck and get everything back in order. I can see how this would be absolutely devastating to someone with a family, home and bills, or to someone that is still paying on the truck when it happens.

 

thank god i didnt read this forum before i bought my first truck, a 1976 intl transtar for 1200 dollars. by the thoughts on this thread , i should have starved to death somewhere around el paso.

everyone on this forum hauled his first load at some point and somebody also told him he couldnt do it. every business has it problems and pitfalls, even a barbershop, ever price clippers?

and as far paying yourself, it helps by keeping it business like. if you had a business with employees you would make payroll every week or you would be out of business on monday morning.

if ya run the truck as a business and pay yourself as an employee , the employees doesnt get as discouraged with the workload on him. if ya cant make payroll , you need to close down.

paying yourself a paycheck every week is a lot more preferable than throwing all the truck money into one account and taking out to pay personal bills. far to many o/o fall into this. i know what i need to pay my personal bills each month , i make a deposit into a personal account and the rest stays with the truck account, if at the end of year an overage exists above a target amount i have set, i may or may not pay the employee a bonus.

many of you have offered very good advice , although it may be said in such a way to turn these guys off. fact is what may have worked as advice when some of us old guys started out, may not work with younger people of 20 to 30 years younger than us.

fact is some people personal expenses are rather low, they dont need 1000 dollar paychecks every week. it hard to pin down work ethic, etc. on an internet forum.

and mccllean2004 if a 9 thousand dollar truck ends up with a 48,000 thousand repair bill, just send them the title, lol.

and to think i ran than 1976 international 5 years with only an inframe ( 1200 in parts including 3 rebuilt heads) done on a weekend in my backyard under a pecan tree ( for real shadetree mechanic) , and just other routine maintenance in 5 years. leased to bennett motor express and lumber transport

 

Thank you for the realistic reply. I have already figure when the first truck goes down if the repairs cost more than 60% of what I paid for the truck I will just get rid of the truck. Provided I have at least 3 months before this happens I will be able to buy another truck. With paying myself I have included a drivers wage in my company budget and will of course be paying myself, however for the first 1-3 months I will more than likely just take some of my personal money and reinvest it into the company to build that maintnence fund up faster. My personal expenses are almost non existant short of the cell phone bill (which i might be able to call a buisness expense), and hygene products. As a result my wage is 20CPM starting out if the company starts doing well I might just give myself a 5CPM raise lol.