1 Truck, 2 or 3 Drivers, What do you think?

Brettj3876 · Apr 17, 2020

Rubber duck kw said: ↑

No, it's against rule number 1, never go into buisness with family or friends or loan money to them.
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I agree with loaning money you'll never see it back lol ask me how i know. Me and the old man work good together. Might yell at each other every now and then but 5 min later it's like it never even happened LOL.

MikeinNeb · Apr 17, 2020

Ridgeline said: ↑

Well just a thought, you don't seem to get something, or maybe I am missing it ...

This industry lacks structure.

I know a little about boilers and power generation, so I know a little about the record keeping they use for maintaince.

This industry has no maintenance record keeping requirements or stadards which makes it more important for someone to evaluate a potential truck with their own tools and tests and use the maintenance records as a guide to locate other problems because 80% of the time they are incomplete - even factory records are incomplete or inaccurate.

Now one other thing is the people who are here posting some comments are those with experiences, they look at it differently but from the inside looking out and are very important to listen too. I know people like you don't seem to understand that, I earned more than one degree and worked for the past 50 plus years at different jobs so I say I know where you are coming from and dealt with the idiots too. But it behoves you to take some advice seriously because of two reasons

1-we are in a down turn that many of us hoped would happen. Many who have fleets and even one truck operations have seen boom and bust more than once and every time it has to do with capacity of the industry. Thanks to trump (not political), we have seen a very weird sustaining of an expansion of capacity because of the rate increases of 2017 onward and the depression of rates because of overcapacity which would have contracted by now. With this virus crap, we finally have capacity contracting and this is good for all, but very bad for new startups who think this is easy, especially those who are over depending on spot or brokered freight. The next thing many of us hope is brokers go under which will help everyone.

2- the fact that you are not a business centric person is a problem, it takes a while for people to learn this business. its not like other businesses and you have to be disciplined enough to forsake profit (pay check) to keep it going if needed at the same time change strategies to capture revenue. The number one reason for failure is lack of experience which always leads to mismanagement and the other is lack of capital or a willingness to tap capital. With an average 85% of new operations failing within 2 years, it is importatn that anyone who wants to enter this to be flexible, have 6 months operating capital banked (without payroll) and willing to wait for that first check, beside other things I mentioned.

So your idea, bad idea. It has been tried and failed no matter who thinks they can make it work.

Best of luck to you.
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I appreciate your wisdom and incite on my question. That's all I was looking for, answers to my question. My brother drives a truck right now. He's OK at it, not great. That's why I'm asking about trucking. I'm not going to contemplate buying a bowling alley and have him run it to make his life better.

"FoolsErrand" pointed out he's worked for 3 different trucking companies whose purpose was pretty much what I was describing. That's nice to hear. It's good for families to watch out for those who aren't as blessed as they are. Most people don't have something like that going on in their lives. And then there's the shallow minded people who don't have it and don't like it that other's do. And then there are the people who are just d*cks. And to all those types of people; "I Don't suffer fools gladly".... Never have, never will. Maybe you'll wise up a little now and learn when to shut up.

REO6205 · Apr 17, 2020

MikeinNeb said: ↑

"FoolsErrand" pointed out he's worked for 3 different trucking companies whose purpose was pretty much what I was describing. That's nice to hear. It's good for families to watch out for those who aren't as blessed as they are. Most people don't have something like that going on in their lives. And then there's the shallow minded people who don't have it and don't like it that other's do. And then there are the people who are just d*cks. And to all those types of people; "I Don't suffer fools gladly".... Never have, never will. Maybe you'll wise up a little now and learn when to shut up.
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You asked for advice and you got advice. If you don't like the advice or don't agree with it just ignore it and move on.
A lot of very experienced people took the time to give you some help.
Please don't insult the people who tried to help you just because they won't validate whatever it is you're trying to do.

asphaltreptile311 · Apr 17, 2020

2 dudes 1 truck! Sounds like a porn. I'd say go for it I don't see anything that could go south in this situation. Call the first episode "greasing the fifth wheel"

Rubber duck kw · Apr 17, 2020

asphaltreptile311 said: ↑

2 dudes 1 truck! Sounds like a porn. I'd say go for it I don't see anything that could go south in this situation. Call the first episode "greasing the fifth wheel"
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That's just wrong.

mc8541ss · Apr 19, 2020

Sounds to me like you know a whole lot about everything. In fact, it sounds like you know so much that I’m actually surprised you even cane here to seek advice.
Every comment that I read has told you it’s a bad idea but you don’t like the answer or you THINK your smarter or know better. So, I’m going to give you some different advice. I think you should go for it! It’s a great way to make a living. Loads are plentiful you just gotta go get them. Using your negotiation skills you will be able to get freight at a premium rate. The world is yours, go for it.

Cattleman84 · Apr 19, 2020

Does this gut even realize that insurance for a brand new MC could easily cost him $25k or more upfront??? Not to mention all the other startup expenses related to starting a trucking company!!

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