Can a O/O gross $230,000 a year?

Discussion in 'Ask An Owner Operator' started by BDL TRUCKING, Dec 21, 2016.

  1. thelushlarry

    thelushlarry Road Train Member

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    I find it gross that people do not understand gross means nothing zero.
     
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  3. noluck

    noluck Road Train Member

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    It all depends on how hard you work. You won't do 230 and be home every week. I know plenty who do 180 and home most weekends. But to be secure plan on living on a 1/3 of the gross. That way break downs and time off don't kill ya
     
  4. DL550CAT

    DL550CAT Road Train Member

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    It's all in how hard and SMART you work. My gross is well over 230 and I'm home most every night. I would not run otr if I got to keep 500k a year. Some would not run local for that. My suggestion is to find a spot and stick with it. The only way you can fully work the system to your advantage is if you know the system. It's not easy but possible to do very well in trucking. it's very easy to lose everything.
     
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  5. rollin coal

    rollin coal Road Train Member

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    I haven't grossed over $150,000 any given year in the almost 8 years I've been an owner operator. Some years were great and some not so great. In Jan 2015 I cut a $30,000 check for a brand new trailer thanks to 2014 being so good. It's all about what you keep not what you generate before expenses. Gross revenue is such a silly number but there are a LOT of guys out here that will be happier with a big gross small net than they would vice versa. You could show them the math and get a blank stare.
     
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  6. jinxutoo001

    jinxutoo001 Light Load Member

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    I don't know if gross revenue is a useless number.
    It gives me a goal every day, month and year. On the front end of the business I want to keep my net as close to that number as possible. By controlling my operating costs. Fuel, maintenance, etc.
    On the back end I want to separate my net from my gross as much as possible.
     
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  7. rollin coal

    rollin coal Road Train Member

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    Ok I'll give you that and in fact I do have gross revenue goals but also as you point to goals at keeping costs down.

    And lets just say the original post "can I make $250,000 gross per year as an o/o"

    Sure, anyone can gross that easily....

    But in that vague context it really is a useless, meaningless number....
     
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  8. jinxutoo001

    jinxutoo001 Light Load Member

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    I agree with ya.
     
  9. noluck

    noluck Road Train Member

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    Me too
     
  10. xsetra

    xsetra Road Train Member

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    I have most my costs broke down to a per mile. That is what my truck moves. That is how my fuel burns, That is how my tires wear out, That is how my oil gets changed.
    Broad statement, don't think per mile.
    Gross is the base your taxes start at.
    True the truck runs per mile.
    The business runs per day, week, month and year.
    Self-employed owner operator is juggling all the above numbers.
     
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  11. TallJoe

    TallJoe Road Train Member

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    The "working smarter" paradigm is not that appealing to me, if it only means less mileage and better income/cost per mile truck statistics, but at the end of the day less money in the bank. I personally preffer to be on the go rather then in traffics and warehouse docks, loading and reloading every day or more. The lower mileage is offset by the other inconveniences that wear me down psychologically, which make me unhappy and frustrated. I always aim at the my bank account balance. It is up to everybody to find a golden formula of what to do to make the most $ by driving the least and be home everyday.
     
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