Good Evening, Just a little background about myself. I got my Class A back in 2005 and drove until 2007. In 2007 I joined the Marine Corps. In the Marines I spent 4 years in Finance and Budgeting and then moved into Contracting and Purchasing. I also got a Bachelors of Business Administration while in. I am due to get out in 1 year and I want to get back into trucking but as an Owner leased to a company. I know I will have to spend some time as a company driver because my experience will be 8 years old at that point. I know I want to get into a percentage program much like SNI Choice Program or Landstar and I want complete control over my loads. I don't mind going out for a few weeks but I dont want a company that makes me feel like I earn days at home. I will have enough money to put 20% Down on a 60-80k truck and I may be able to use the Veterans Programs thru the SBA. I believe in proper planning, This is why I am starting a year out. My dad has spent over 25 years as a truck driver and I have learned alot from his success and failures. I would like to draw from the experience of others and sanity check my plan. While I have some background in Trucking I believe that there is vastly more to learn. I look forward to any advice given, positive or negative.
Life after the Military
Discussion in 'Experienced Truckers' Advice' started by jhiggi83, Jun 8, 2014.
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my advice is stay, get your retirement and then start trucking. or use that bba to its advantage.
jhiggi83 and mickimause Thank this. -
Thank you for your service.
Personally I'd go company for a little bit like you say during that also research some ways to control costs and start to learn about some of the freight lanes. Then I'd look and see if any insurance companies will work with your prior experience. Then you could get your own authority, schedule your pick up and delivery appointments yourself and all that. You have a leg up with your Economic and finance experience, thus why I think you could make it.
If the insurance stuff kicks then, work towards those companies/programs you state. Or if you feel your not quite ready to go on your own you can do those too. Its up to you.Last edited: Jun 8, 2014
Aireal, jhiggi83 and Knucklehead619 Thank this. -
Unfortunatly with the Drawdown staying in may not be an option. This year they had about 500 spots with 4,200 reenlistment requests. Good Marines are getting told thank you for your service and sent home. i appreciate the advice so far.
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If you're late 20s or early 30s and have a wife and kids find something else to do. Save the heartache.
jhiggi83 Thanks this. -
I know that feeling. I was rif'd out after 20. Either retire or there's the door.jhiggi83 Thanks this.
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I am Married with 2 young kids. The amount of time away from home is defiantly something I consider. I have talked extensively with my wife about it. I am not a stranger being away from home and a couple weeks doesn't bother me at all. I have worked in an office for the last 7 years and that is a different type of stress. But I have defiantly thought about your topic but I also did like driving truck. As long as you delivered on time and didnt damage things, nobody bothered you. It is more peaceful than an office job.
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Yea, you're fine with it, but what about the wife and kids...? If it was me I wouldn't give up missin out on their "special" events, for a paycheck. Just me, though.
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First, thank you for your service.
Seems like you have a good plan and I agree with starting as a company driver and "practicing on someone else's dime." Lot's changed out here in the last 8 years. Run the truck and track costs as if you owned it and paid them yourself. With your background and education that should be a breeze. Then you'll have real time today's numbers (that come from the reality of actually doing it practice) which you can plug into your business model and plan and your data pool will be big enough to have all the subtleties in it. Plus you'll also have a real good idea of hidden costs and seasonal freight variances so you'll be prepared for inevitable cash flow ups and downs. All this if running as a company driver can support your needs without you having to tap savings. You'll need a good chunk if you want a genuine shot at making it. Undercapitalization is a huge beginning OO/LO killer. So many of the naysayers of the OO/LO deals jumped into a "zero down, no credit check" Lease Purchase deal with not much more than a single paycheck in the bank and shaky (if any) actual business skills. Then they failed when cash flow got a little slim. Not slamming them and some made it because they had a descent enough deal, foresight and discipline.
Best of luck to you Marine.Aireal Thanks this. -
animal,you always say things pretty much as i would good advice to the young marine. being forced out of the military is nothing new. my old platoon sgt. jumped on normandy with the 101st, fought in korea,and on his second tour in nam. had stars on his cib badge,gold star on his jump wings. told him he was no longer needed. its just horrible the way they treat our active and retired vets. lots of luck to you
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