please help- A friend wants me to invest in DISPATCH Business

Discussion in 'Ask An Owner Operator' started by PrincessEtta, Jul 23, 2012.

  1. PrincessEtta

    PrincessEtta Bobtail Member

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    Jul 23, 2012
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    I know nothing about the trucking business, but have been made a business offer, so I am in real need of your help.
    A friend of mine has begun a truck DISPATCH business. He said if I buy a truck and allow his on-call drivers to use it, I can make money. He gave me an example that AFTER -gas/milage driver pay/ small portion of the liability insurance/ 0.15 cent authority feeI would be paid.--
    On average of 2500 miles driven, I would profit after all this $1000.
    Now my main question is. What should I be worried about? How can I make sure the wool won't be pulled over my eyes. I live in a different state than he. So, how can I be sure my truck is being used as I am being told?
    Any and All advise is appreciated.:biggrin_25520:

    again, I won't drive the truck. only lease it.
     
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  3. otherhalftw

    otherhalftw R.I.P.

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    Just say NO!

    When you have zero control, never be blind in a situation where YOU are investing and the other isn't!
     
  4. 112racing

    112racing Road Train Member

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    if he could make so much money why would he need you ?

    think about it
     
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  5. Cranky Yankee

    Cranky Yankee Cranky old ######

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    if you have any chance of keeping him as a friend
    dont do buisness with him
    like a partnership is the only ship that doesn't float
     
  6. dayzedandconfuzed

    dayzedandconfuzed Light Load Member

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    NO...1000 a wk isn't much when u add in maint fuel insurance pay...expect bad weeks...
     
  7. Jigsaw

    Jigsaw Light Load Member

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    Colorado Springs, Co
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    NO! NO! NO! NO! NO! YOU ARE JUST ASKING FOR TROUBLE WHEN YOU INVEST IN ANYTHING YOU KNOW NOTHING ABOUT.
    I think you answered your own question when you posted on here. When in doubt, don't do it. If it sounds too good to be true, IT IS.
     
  8. Jigsaw

    Jigsaw Light Load Member

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    Oct 12, 2010
    Colorado Springs, Co
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    And, his "on call drivers" that you know nothing about, What if they crash your truck and kill someone? Guess who they are coming after? The owner of the truck would be my guess.
     
  9. FozzyNOK

    FozzyNOK Road Train Member

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    He's not a Nigerian prince is he?
     
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  10. dayzedandconfuzed

    dayzedandconfuzed Light Load Member

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    Lol...my dearest friend I am contacting you over much prayer and meditation...my family is the royal ali babba family from nigeria...please buy me a truck and I will send you 1000000 usd.please act now do not tell anyone because it will put me in great dangers....lol
     
  11. RickG

    RickG Road Train Member

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    Dispatch service with on call drivers and somebody else's truck ? Illegal in so many ways. Who would have the operating authority ? Who would keep the driver file and be responsible for random drug testing ?
     
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