IS THIS A WORTHY INVESTMENT???
Discussion in 'Ask An Owner Operator' started by biss101, Aug 1, 2016.
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If u got the Capitol and don't have to borrow, or borrow much. U gotta get the right truck. If u get the wrong truck your plan will go upside down real quickly. What's the right truck u ask? Gotta do the research and earn your stripes. With your limited personal experience your going to have to rely on your father and learn real quickly. It's possible but not as turn key as u may expect. There will be repairs that will be needed possibly at odd times of the night while you were sleep. Who knows. But all that is just part of the ticket. My advice is keep your overhead low as possible if u decide to follow through with this. And develop a passion for the industry. Study study study. There's hundreds of posts on this site alone to read through and study through your own discernment.
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I have to wonder what your dad would have to say about this idea? Trucking lesson # 1 - dispatchers are not inherently trustworthy. I know I didn't go out and buy my truck because a dispatcher told me it would be a great idea.
HopeOverMope Thanks this. -
Really negative nancy?
Look dude, you learn things that are real and harmful by listening to negative comments but ...
That said.
You will fail.
I almost guarantee it.
Why?
Because this is a business and most are just lucky.
You have to first know first hand what's what, not depend on knowing a driver. Then you have to get into your mind that there is an inherit liability that can wipe you put. This isn't a passive income source, it has to be an active every day thing unless you know how to set it up right.Ruthless and rabbiporkchop Thank this. -
Go for it, kid, you'll be wiser after failing, gotta pay for life experience
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Oh yea u gotta love the respect you'll probably get from a driver that knows you've never done what he's done. That's one of the reasons why mega carriers have such communication and performance issues. Got some college kid telling a life long trucker how to do his job. Becomes real pissy quick
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I have been there both as a driver getting 50% and as a contractor paying 50%.
In most 1 truck operations, there isn't enough money for both to make a living. If you are not driving the truck, it will be down for repairs, and not making money. That amount you quoted per week is what happens when everything goes right. It is not average.
As o/o, you survive, as driver, you starve.rabbiporkchop Thanks this. -
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best investment is buying a few cows, the 50/50 split feeding. Then later on you get to enjoy a fresh thick steak on the grill.
rabbiporkchop Thanks this. -
You need to learn the biz by being part of it. So many outsiders think trucking is the golden egg. Buy a cheap truck, pay some no brain goof to drive it and the money will roll in. The only ones telling you to go for it are your buddies that have no better clue than you. Don't do it.
rollin coal and Bean Jr. Thank this.
Trucking Jobs in 30 seconds
Every month 400 people find a job with the help of TruckersReport.
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