6 months experience only. Can I be o/o?

Hello everyone. My story is that I graduated from truck schoos in July 2017. Start working in van division with Schneider team driver with my bro in law in August same year. We both graduated together. Then one month after that we start hauling doubles with Schneider as team. We both really love the job making good money thank God.
Now please this is what happening am about to get good amount of money for selling a property between 70 to 100 k so I will be able to buy a truck and work as team woner operator with my bro
My questions is
1.is it early to jump and buy truck with only 6 months experience? We love the driving so it's not question of are we going to stick with it or not it's more like do we need more experience before a move like that or not.
2. If it's good idea to do so should we speak with big company like roadrunner (the first came when i Googled only reason I used this company lol) or small dispatcher company
3. What and where I should start my research and to who I should speak to get more knowledge before a move like that

Thank you everyone in advance for the help...

I post this here in new driver section cause I only have 6 months experince and still consider my self new and learning

 

All of your questions suggest that you are in no way ready to be an O/O.

 

Start reading the o/o section here.

 

It's not trucking experience that's the issue ... What's your business background? If you had a solid business background, you wouldn't need to ask the question ... you would know how to get the answers.

 

Call a few insurance companies/brokers and ask what insurance will cost you. You might change your mind.

 

Go for it. You are ready.

 

Save your money. Use what you earn in trucking to fund your o/o attempt.


Save that money and don't use it for trucking!

 

Honestly, you aren't ready, and you don't have the connections to do so.

Also, and this is just MY opinion, but you would be starting at the very worst time...economically wise.

Sure, stock market is high, home prices are high, companies giving raises, and bonuses...everything seems good. In fact, too good.

Historically, the U.S seems a recession 1 every 7 yrs. When was our last one, you might ask?

2008...so, we are into 2018...well past due for the next one.

What happened in 2008-2009 to the trucking industry?? Do some research on that...and then decide.

Honestly, I'd sit on that money, learn the trade more, and see what happens with the economy in the next couple years...and, while you are doing that...LEARN THE BUSINESS!!!

Good Luck...whatever you decide to do.

 

I would wait until you have more experience. The driving really is the easiest part, and there isn't enough money in it to both turn a profit and pay for screw ups (they will happen) At the dock, in traffic, weather etc. IMO, it's best to learn (and break stuff, we all did and still do!) on someone else's truck.

Learn the business! Read read read, research, make spreadsheets, learn and crunch hypothetical numbers, rates, lanes, van, flat, reefer, diversify! realistic expenditures, taxes, etc. The deck is already stacked so high against the little guy starting out, there is no need to stack it higher.

If you can, find an o/o mentor-buddy who will talk your ear off and help you learn the business end (but who won't blow smoke up your rear)

Set yourself up for success! Not failure (like the majority do) sure a guy can jump right in and have a chance at making it, but the odds are sooooooo slim.

 

No you are not and no you should not.

Why bother, you think you will have the same success as a driver?

I doubt it.