Bad time to get in

I was being sarcastic

 

Just don't be like a west TX roughnecker and buy two 90k 4 wheelers when you have a 200k year. Save your money and reduce your overhead when you've got enough put back to weather a storm, no matter if it's rates going south or a bad breakdown.

 

Regardless of the year: have a lot of capital a d a good business plan, most of all flexibility. You have all of that, you should be fine. Many fail because they get into a comfort zone. An unwillingness to leave a comfort zone and adapt to what is going on at that time, will be the kiss of death for your business. Many also fail because of a lack of capital and poor work ethic. They have the mentality of, "I don't want to punch no one else's clock." When I hear people say that, it often times means they just want to do as they please, not realizing that owning a business is 10 times more work than working for someone else.

 

Can someone tell me when there was a good time to get in?
Been out here over 40 years and it’s always a bad time to start.

 

I agree with you but that's at least a 140,000
Tax break for Mr Roughnecker for the first year...

 

There’s a lot of pent up demand. Lots of plans on hold. Things go up, things go down. I wouldn’t be surprised to see a big surge in freight, once young folks start getting married, having kids, and buying houses again. A lot of spending goes along with all of that. Appliances, furniture, etc. One persons crash, is another’s buying opportunity. One thing always overlooked is the next Generation and their buying power. The numbers look good. Everyone wants a shot at the American Dream. Typically spending every dime as soon as, or before it’s gotten. The prediction of less home Ownership was short lived. Life goes on.

 

If the last few months have been a bad time to get in, then I can’t wait until it’s the good time.

 

How do you figure that?

 

Don't listen to the so called professionals who predict the trucking industry, as they couldn't predict the weather..... The trucking industry is always up and down, when I started, I was told it was a bad time, and I just started my 33rd year....

 

It’s impossible to say if when it’s a good time or when it’s a bad time because it’s all so different. It might be a bad time to pull a flatbed, but dry van is going good.

2020 is the best year I’ve had yet. My pay went up because we could legally haul up to 90,000 since we were considered so essential and diesel has been cheap all year. More money and less expense is always better. Just depends what you pull driver.