Worth it?

well im new too even younger than you but my only advice I could think to give is to save up as much as you possibly can. Those companies got successful by reinvesting their money over and over until they are where they are now. Hell they're still doing it.

 

Being an O/O is definitely worth your time and money

 

These companies are successful from screwing drivers over and over..... We all know the rest

 

Save as much money as you can. Try to be as debt free as you can. Talk to as many people out on the road as you can, ask them about their companies, etc. DON'T LEASE PURCHASE! Get a truck from a dealer.

 

I have no interest in ever becoming an O/O. I will say that if it is worthwhile, then save up a down payment, some operating money, and go borrow from a bank for a truck. If you lease on to someone who starves you, go somewhere else.

 

Being a Independent O/O is where I would go if I ever went back out. They can take a beating every now and then, but overall....do ok. All depends on how disciplined you are with managing your time, loads, business, and money.

I was a almost sort of O/O. It was my truck, but I was with a cookie cutter carrier. Running by their rules, and with little choice of loads. You are still pretty much a "company stooge" running like that.

 

how do they screw drivers over? they pay a set wage on miles that you agree too. You didn't have to accept those terms.

 

I agree leasing anything is really short term thinking and you're basically a company driver with more responsibility and a little higher pay, but when you gotta fix the truck etc that higher pay may not be worth it, on top of your weekly/monthly payments.

Save up enough to buy or at least make a hefty down payment on a new truck, run as a real O/O till you get it paid off, save up again to do the same thing to a second truck, hire someone to drive it for you for .40/mile, while the shipper/receiver is paying you 1.50/mile, boom, you're a trucking company. Granted theirs a lot more involved then just that but that's basically how you can grow. Eventually have 5-6 trucks paid off with good drivers and good maintenance plan, boom, you're making over a million a year.