25 years old full of potential: tempted to go O/O

Discussion in 'Ask An Owner Operator' started by Dedrick, Feb 28, 2019.

  1. Dedrick

    Dedrick Bobtail Member

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    Here's a post of mine from 3 years ago:

    22 w/ 40k saved... what do I do with my life?

    Update:
    I'm 25 now. Will be getting Associates in Engineering in 2 months at a Community College. Knocked out all my Calculus/Physics. I've got a 3.6 GPA and I'm involved in all kinds of clubs and activities. I'm on the verge of potentially transferring to a University but I'm just not feeling it. I've applied to one university, a couple internships. Seeing what comes of it. I keep changing my mind between different branches of Engineering. Can't decide on anything I have a true "passion" for.

    Trucking is still in my blood. I've been trucking still during the summer and winter breaks with a company. Great company. They've worked with my school schedule. Everyone in the office knows me. Great people.

    I remember that year when I was 22 with a goal set for myself that I was chasing and it felt good. I was out there hardly communicating with anyone and I didn't care because I was so focused on saving that money. I expected college to bring out the same focus but I feel like I've completely dragged myself through this. It's hard to explain because my grades are good but I just have no motivation to ever study. I'm always procrastinating and stressing out about tests. Last year and last semester I was smoking weed all the time but I've stopped that. I guess I was just that bored.

    Overall I describe my current feelings as being restless, no direction. Like there's a void. Like I need a change of scenery and a new goal/purpose.

    I don't consider my community college experience a waste of time either. Feels good to finish something I started. If anything, I'm at a good "stopping point" where I could easily go to a University in the future. Also in doing this, I moved to a town that I was born in but never got the chance to grow up in. Always looked at it on the map and said "Man I want to check this place out one day." What better way to do it than go to college there. Here I am 2 years later and I feel like I've lived here long enough to feel like it's "home." It's been a great experience and college has been fun. I'm extremely popular on campus. Over the breaks when I go trucking I have about 100 college kids (and even some faculty) that follow me on Snapchat. They all think trucking is the coolest thing ever. I've enjoyed every part of college except the part where I have to think about careers.

    I still have a CDL, over 300000 miles with no issues, and close to $60k saved. Community college was cheap. A University would eat up a lot of that 60k. If I transfer to a University I'll be graduating in 2-3 years with much less money than I have now, and a degree that I'm worried that I will not be passionate about but will feel obligated to try to make good on my investment. I'm a smart guy and probably very capable. But I'll never become the best I can be at something I'm not passionate about.

    I feel like a total free agent to life right now.

    I spend a lot of free time looking at real estate. Throughout the last 2 years I've had several periods of 2-3 days at a time where I am so distracted from school because I am fascinated in doing this research. I also got into stock trading. It's nowhere near being dependable money but I enjoy learning about it. I feel like at my age buying property should be of the utmost importance and would be the best way to really get a leg up so to speak towards building wealth. I want to buy property. My idea now is to go back into trucking with the explicit goal of buying property. I want my first property to be a multi-family property, preferably a fourplex. Eventually I think it would be cool to own apartments, student housing, self-storage facilities, etc.

    The trucking life does grind on me, but I've only ever been a company man. I've got a buddy that runs with Landstar, with a freightliner he bought from LoneMountain and it sounds awesome. Like a completely different trucking experience than what I've had being thrown up and down I-95. I'm really tempted to go this way before I throw money at a University. And, I feel like I've peeped the trucking game and understand it a little better than I did when I was 22.

    I grew up in a traditional family where everyone goes to college, gets a job, 401k, etc... During my 2 years OTR I would go home for thanksgiving and listen to extended family members that I haven't talked to in years tell me that I need to go back to college. It worked for them. I feel like I have made my best attempt to follow in those footsteps. It's one of these things where if I went back to trucking I'd have to decide that I have no time to explain myself to anyone. As it is, I'm not much of a family person anyways. I've been living on my own in different states and haven't taken a dollar from anyone since I was 20.

    It's one of these things where I wonder. How good would it feel to bet on myself? What would happen if I bought a truck, put my head down for a year and went back into grind mode. Run everywhere out west with my guitar and my set of disc golf discs. Right now I'm interested in buying one property (preferably somewhere south like Nashville TN, or Texas because I grew up there, or St Louis because I used to live there as well and I know about it) which I could probably do within a year. How fulfilling would that feel? If that goes right, who knows what my opportunities could be in the next year after that? Where would I be in 2-3 years? I can only imagine. I feel like if I can manage to own a single truck and a few properties before I'm 30 I'd be in a much better position than a degree would have me in. Eventually could back away from trucking too.

    So somebody give me the real deal on Landstar. Is it a good place to start? I've got money, credit, experience. I obviously am good with money. Am I thinking realistically here?? Are there different avenues to look at for O/O? Where's the best place to look to buy a truck? Is LoneMountain a good source?

    I gave you all a lot to read but this seems to me like a good place with the right perspective. Too many people I talk to will start in with "Well you know, automated trucks..." Right... Hope to get some good input here. Like I said I don't consult my family a whole lot on this type of stuff because I know what they would say. I feel like I've got a solid well thought-out plan and emotions I need to act on. What say you?

    Thanks for reading
     
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  3. tadpolly1966

    tadpolly1966 Light Load Member

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    IMHO.....If you want to truly do this, buy your own truck, and get your own authority. You will absolutely control your own destiny. You will succeed or fail by your own hand. I know some Landstar guys that make decent money, but they do nickel and dime you to death. All the good freight typically goes to the BCO's that have tenure with that particular LS agent that is selling you the load. I came into this business in 2008 when the market was pretty crappy, with everyone telling me that I was an idiot. I now have 30 trucks under my authority and no need or desire to add more. Know your margins and stick to them. Period. Don't do loads because the broker asks you to "help him out." You are running a business, not a charity. Finally, be ready for all manner of BS, this is a cut throat business and always will be. There is a dollar a mile truck lurking on every corner, waiting to undercut you and load the freight on a 20 year old truck with the bumper held on by duct tape and a bungee cord, just looking for fuel and sandwich money. With that being said, you can succeed with diligence and effort. If it's in your heart, go for it!
     
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  4. GypsyWanderlust

    GypsyWanderlust Medium Load Member

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    You are in a good spot with those kind of savings. I would look at the o-net occupation list and find some that mesh with your education and go talk with some people that are on the job. I like to drive....but if I had the option of going back to 25 and meeting college women or sitting at the end of my day in a piss soaked parking lot, I would take college.

    Find yourself a cheap Uni that won’t burn up much of your cash and as they say in Nebraska, enjoy “the good life”. You can always trade it in later and drive if you so desire.
     
    gokiddogo Thanks this.
  5. Ridgeline

    Ridgeline Road Train Member

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    $60k saved?

    Forget trucking, get into real,estate now.
     
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  6. Espressolane

    Espressolane Road Train Member

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    Take a year off school. Keep your savings invested to grow. Find a reasonable company to drive for. At least a full year, maybe 18 month of full time driving employment. Get a good feel for the way a drivers life really is. Get some experience with all the seasons. While you work, continue to stash the cash. If after you go a year or so doing the company thing, you still want to run O/O, you will be in a much better position to make that choice. Plus the experience will help with choosing a truck, what you want to pull, all that goes with being an O/O.
     
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  7. Gen Z

    Gen Z Bobtail Member

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    Jun 8, 2018
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    Trucking is good for just just 6 months in a year
    Believe me
     
  8. TankerP

    TankerP Road Train Member

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    25 is good age to try something crazy. Go for it. Will it work out? There’s only one way to know.
     
    Midwest Trucker Thanks this.
  9. Farmerbob1

    Farmerbob1 Road Train Member

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    Sounds like you have the academic skills to get at least a partial scholarship somewhere. Choose a school that is reasonably inexpensive, and you should be able to finish up a degree fairly inexpensively.

    Realize this. Being an experienced trucker as well as a college educated professional can lead you to a lot of different, interesting places.

    Software development, engineering, accounting, law, etc. You have real, practical knowledge of a trade that can get you in the door with a lot of different companies after you get the education in a professional field.

    In short, you should recognize that there are other potential futures out there that do not require you to choose to abandon either trucking or higher education.
     
    PE_T Thanks this.
  10. Dedrick

    Dedrick Bobtail Member

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    Just to clarify. I drove 2 full years of OTR before I started college.
     
    Farmerbob1 Thanks this.
  11. PE_T

    PE_T Road Train Member

    60k is just about right to start a trucking business without having a truck and trailer. I started with 40k and with a fully paid truck. The saved money and the wait was worth it. What concerns me a bit about your situation is that you may need a bit more experience in trucking, especially if you have stopped doing trucking for a few years.
     
    Farmerbob1 Thanks this.
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