85K stacked, missing the road, thinking of going OO

Discussion in 'Ask An Owner Operator' started by timmyj, Sep 8, 2015.

  1. timmyj

    timmyj Bobtail Member

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    Sep 13, 2012
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    My situation: I drove for a while while I was learning the ropes of an internet business I started, which has become mildly successful. Being on the road with just my clothes and laptop focused me.

    Currently, I have 85k to reinvest in another business, and one possibility is going back on the road as an OO with a truck bought cash.

    Eventually, I might get into hiring a driver, but I'm not squeezed for income, so if the truck was sleeping for a few days while I went hunting, it would not be a huge problem.

    Thanks to this forum, I used it extensively while considering using trucking as a stop-gap job previously.
     
    Last edited: Sep 8, 2015
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  3. Bakerman

    Bakerman Road Train Member

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    Do you have customers or going off the boards?
     
  4. timmyj

    timmyj Bobtail Member

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    I'd be going off the boards. My first instinct would be to resign with werner as an OO, which I know will get me laughed at here.
     
  5. Bakerman

    Bakerman Road Train Member

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    You also have Farm2fleet, Landstar, Schneider IC just to name a few.
     
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  6. truckon

    truckon Swamp Thing

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    Personally I'd go flatbed over van.
     
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  7. double yellow

    double yellow Road Train Member

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    Unless you love trucking, you'd probably be better off putting it all on red
     
    spyder7723 and Orangees Thank this.
  8. rickybobby

    rickybobby Road Train Member

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    Keep your money... It sounds like your not 100% committed. You either in or out.
     
  9. AModelCat

    AModelCat Road Train Member

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    I think there are better ways to invest your money other than trucking. $85k will buy a nice truck with no payments but putting a driver on the truck will eat up a lot of the profit.
     
  10. Brandonpdx

    Brandonpdx Road Train Member

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    If I were you I'd stick with internet businesses if you're just after ROI. If you managed to put $85,000 in the bank you must have been doing something right. Most guys who drive a truck cant put that kind of money away any time soon because the overhead and operating costs eat you alive, especially at first. But if it's something you've always wanted to try and want to take things in a different direction that might be different. The guys who do best in this game just like the action and adventure aspect and like the challenge of keeping their equipment in top shape. The money comes eventually but it's no get rich quick scheme. You have to be dedicated to it long enough for it to pay off.
     
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