Success or failure

You want to start off right, don't look at these videos just yet, learn the right business terms and what they mean, then start with basic business math, learn how to figure a BEP and what is the difference between a margin and a profit.

Once that is done, go over to the OOIDA and download their O/O spread sheet and look at each fixed cost and variable cost header, learn what each is and how to figure out what the costs are. Call an insurance company, call the OOIDA and once that's done, start looking at true trucking costs.

Learn how the FSC should be figured, how to buy fuel right, what fuel taxes matter and which states to avoid - what learn all of these things before you look at rates?

Because you will need to know how to figure your BEP quickly based on where you are going and what you will be hauling.

This should take you a week at the most to do all of that.

I know many will disagree with me but many didn't take this stuff to the next step and don't want to learn it.

 

Commercial trucking liability insurance and cargo. 1 million liability, 100k cargo. Those are minimums. Occasionally you will need more cargo but you can add that on a load basis.

 

For a company driver? Eh it's not terrible bad i guess assuming you get time and a half after 40 and can consistently get 60 hours per week. If target own my equipment, written 30 hours a week and earn double the monthly income.