I have a similar story as you Boston Tanker. I owned a bunch of trucks and equipment, a couple of businesses... 2008 I was brutally introduced to the real world of international finance. However, we have taken very different paths since.
As you probably did as well, I had TONS of free time on my hands while watching my life's work disintegrate. I chose to spend 12 plus hours a day watching Bloomberg, CNBC, and Fox Business, and surfing through every financial website I could find. Now, I know how the credit game is played, I have a much better understanding of BUSINESS, too many trucking companies are run by hard working truck drivers with no real knowledge of Wall Street. Those are usually the companies that peak at 10 trucks and mom and pop running the place from their spare bedroom. If mom and pop took finance classes at the local community college, they may be able to skim some of that Rothschild money to build a 500 unit fleet. Thats my plan. Four years out of chapter 7, I'm at 750 FICO and credit lines at several lending institutions.... Im playing the game.
Trucks in shop & Im quitting!!
Discussion in 'Questions From New Drivers' started by TigerBait, Apr 7, 2015.
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I got tired of the game. Now someone pays me to drive their truck.
This country is gonna burn. I may as well enjoy life until it does. -
Getting away from the mega carriers is the single best thing a driver can do. They all have the same agenda and its not your sucess its theres.
My son made more the last 3 months of last year working for a local/regional carrier than he dad the 9 months prior working for CRST, and its not just CRST the Mega carriers just dont pay the same, there a strater company.
He now averrages 1000 to 1200 per week take home, dose not work weekends and home 2 or 3 nights during the week, could be home more but uses the sleeper to make his life easier or more conveint.
Good choice, fullfill your contract get out of dodge.BostonTanker Thanks this. -
The Bilderbergs don't tell you what to do, do they. You don't have a gun to your head, held by someone telling you to drive a certain vehicle, or haul only one certain load.
Money is a method of payment, some want more than others, that is all. Greed is the root of evil, not money. If it wasn't money it would be sea shells or some other form of tender.
The REAL problems start when we allow ourselves to be led down the primrose path by elected representatives who pass legislation before they even read it (obamacare).
Or pass legislation that ties the hands of the governed, to read the legislation before it is put up for a vote (think obamas pacific trade pact).
Americas problems are our own. We have failed to follow the Guidelines of the Constitution. WE are the ones at fault for the situation we are in. We allowed our elected Representatives to get away with the housing boom and bust. And the calamity that has become Wall Street.Guntoter Thanks this. -
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In 2008 I had a serious talk with several older family members who all said the same thing. In the 1930's people were jumping out of windows because "the day of reckoning" finally came and America was finished. In the early 70's our family trucking business went broke when we couldn't find fuel to run the trucks. Again, America could never overcome having Saudi Arabia control our fuel supply (bad news for a family that knows ONLY the trucking business). In the early 90's we were again wiped out by the credit crisis (after the Savings and Loan scandal).... Again, we could never recover from having absolutely ZERO credit available, we can't run a trucing company without being able to replace trucks and we didn't have enough cash to buy 3 or 4 new trucks every year.
So, 2008 happens and Im sitting around talking about how the end of America is here and we can never recover from the bust.
Took me 4 years to recover. This country isn't going to "burn", it will have another financial crisis that will probably feel like the great depression. We will have more boom times where banks are begging people to take free money, thats how the game works. Enjoy the good times, prepare for the inevitable bad times. I have learned that my businesses will go through bad times. The MOST IMPORTANT thing I have learned throughout this entire ride is to segregate my family from all of it. I often wondered why as a child we lived in middle class (maybe even lower middle class) areas and didn't have the lifestyle that kids who's parents earned like my Dad did. I learned that I MUST keep my family on firm footing through the good and bad. Throughout my Bankruptcy, my wife still has her same career (R.N.) she works at the same hospital, my son went to the same school, etc...
Next year, if I make a million dollars, we will live in the same middle class home and drive $30,000 cars like we do now.
Don't be afraid of the game, just be ready for the inevitable ups and downs.BostonTanker Thanks this. -
Well.. I still have a few pages left to read on this thread.. but.. gonna jump in.. splash...
all this talk of it isnt fair that that person gets paid more than me doing the same job... well.. that is why so many women are getting into trucking... it is one of the few industries where a woman can get paid equally as a male co worker doing the same job at the same company...
unequal gender pay has been a fact of life for far too many years... it isnt just about being passed over for promotions... there are numerous studies and documentation that a woman often makes less than a man doing exactly the same thing...
which, is why I started gravitating towards industries where I was paid for the quality of my work and where gender wasnt in the equation... which, more often than not was in the Blue Collar sector...
now.. on a personal note... stop the frigging whining... do what you need to do to get to where you can make what you feel is right.. but, you may have to take it on the chin for a bit till you get experience and build your worth to an employer...
It is just rediculouse to think that you are worth a plug nickel to any company when you have 0 to 6 month experience..
why do you think the better or higher paying companies want
2 to 3 years of clean accident free experience...
now, if you have a couple to few years under your belt and cant get paid what you want.. then you need to look in the mirror and be honest with yourself about why good companies are not interested in you...
As for working for family... not a good idea... seen it go bad in many ways...BostonTanker and misterG Thank this. -
Word of advice:if you want to become wealthy,you wont get it with one source of income,and you darn sure wont get it working 2 jobs,
Now you figure the rest out
GOOD DAY!Last edited: Jun 7, 2015
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Have a good day.
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