Ok guys here is my plan and please give me your honest answer. I start school in Feb. 2013. My goal is to become a company flatbed driver for atleast a year. First of all I know that I am not going to make any money as a rookie company driver and I would have to be on the road atleast 2 weeks at a time. I am going to try and learn all I can while over the road for a year. I am willing to learn all I can. My ultimate goal is to become and owner operator. I have been doing research for over 3 years now and have developed a very detailed business plan. I am not going to rush into anything until after I get experience as a company driver. I have already saved up $10000.00 down payment for a truck. I have $10000.00 put away for an Emergency Fund. I have $4000 set aside for fees. I have $2400 set aside for my first week of fuel. I also have personal bills at home like mortgage and car payments etc. I have $8000 set up in a saving account for my personal bills until I start to make money. After doing my research I think it would be best for me to lease on to a company instead of trying to get my own authotity. I figure let them pay for IFTA, 100% FUEL SURCHARGE, TAG TIRE DISCOUNTS ETC. I will not purchase a truck until I have done atleat 6 months of reseach on them and talk to drivers that work for them. The numbers that I have in my business plan I would need to NET atleast $1700 a week after all expenses are taken out in order for it to work out for me. Keep in mind guys/gals it will be 2 years from now before I make a move. I want to know am I make the right choice or even going by it the right way.
Thanks, Ballcoach
Advice on making the right choice!!!!!!
Discussion in 'Ask An Owner Operator' started by ballcoach, Jan 4, 2013.
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Where are you located?
Since you already have your ducks in a row, I would suggest that you try out a specialized company, one that trains rookies, but will allow you to move up with the largest variety of freight. See, the goal is to be able to haul anything that anyone can pick up and put on your trailer. Sticks and bricks. Steel coils and plate. Farm implements. Whatever.
It should prove to be very challenging to you, which I would bet that you would enjoy. Go to the flatbed forum here, and ask the skaters which company will be the best fit for you. Happy motoring. -
honestly if you can save that kind of money, NOT driving a truck, why would you want to take the chance of loosing it all ? but if you have the drive to do so, then you should be just fine. your doing your home work quite well i may add, i think its a great idea that your going to try it out before you spend your money. just dont jump the gun, plz keep us posted, being an o/o sometimes can lead to being out more than two weeks at a time.
Clasix1055 Thanks this. -
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Ok so you know rookie company drivers make chump change... Realize that as a newbie o/o Murphy will be riding shotgun it will be over a year and possibly several years before you ever turn a profit.... ...so really you are back in the same situation.. In fairly short order Murphy can and will find ways to eat up those emergency funds... Just so you know this going in.. But good job on at least doing it the right way.
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You're on the right track so far. Start researching some flatbed companies now; it's not too early. Join OOIDA; google for their phone number & address. There are several flatbed companies & companies with flatbed divisions that hire new CDL grads : Watkins & Shepard (terminal in Dalton), TMC, Maverick, Melton Truck Lines, Roehl, Western Express. Some established companies that sometimes hire students, but don't advertise it : ATS, System Transport & several more. Go to a truckstop such as Petro, TA, in Atlanta & get some free booklets on trucking jobs. These usually are located in or near the TV lounge or restroom entrance. Lots of information in those books about flatbed companies & even boat hauling(fishing boats and up to expensive yachts). When you start school, put in applications to any company you are interested in, even if they say experience required, apply anyway. I'll stop there, don't want to add pure speculation. Best wishes.
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...... $36,000 in savings ... So whatever career you had to be able to SAVE $36,000 you are going to give up and start all over at the bottom of the trucking industry
excuse me for not buying this post -
You are right I did have a good job to save that much money. The company I worked for moved overseas.
123456 Thanks this. -
Seen that happen one to many times.
What are your expense? -
If it was me depending on your expenses You can save another 15-20K driving for a company for the next 2 years Take that buy an old freight shaker and lease onto a container company in the ATL be home every night make pretty good money and never touch the 36K you have saved
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