Considering pulling the trigger on new profession.

Discussion in 'Ask An Owner Operator' started by FAKATA, Dec 13, 2021.

Should I quit job to start business ?

  1. Yes

    10 vote(s)
    45.5%
  2. No

    8 vote(s)
    36.4%
  3. Maybe

    4 vote(s)
    18.2%
  1. blairandgretchen

    blairandgretchen Road Train Member

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    Dec 9, 2011
    South west Missouri
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    I’m thinking that might be the best advice.

    2 years ago, I’d have said go for it.

    Only thing I’ll add - if you’re miserable in a job - change it.
     
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  3. ProfessionalNoticer

    ProfessionalNoticer Road Train Member

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    Have you gotten commercial insurance quotes yet? I'd start there before wasting any time. There's a good chance you won't like what you hear. You'd be better off getting a little experience in someone else's truck too before jumping into a very high overhead unforgiving business environment.
     
    GoneButNotForgotten Thanks this.
  4. Pittstruck

    Pittstruck Light Load Member

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    Apr 2, 2014
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    I’d say that you should have at least 20-30k in the bank in reserve after your all set up and equipment is bought. But I would be very careful entering this industry as an owner op from another occupation. Might want to look into a company gig for a little while to make sure you really want to do this, otherwise it’ll be one of the most costly experiments you’ll ever do…. Trust me.
     
    Klleetrucking Thanks this.
  5. Michael 247

    Michael 247 Medium Load Member

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    Dublin Va
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    Do ya Really wanna spend All ya Money on a Job ya Might not Like
     
  6. danny23tx

    danny23tx Road Train Member

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    Austin,Tx
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    Invest in a muti family unit with your funds and keep doing what you doing .
     
    Dino soar Thanks this.
  7. Chieftains

    Chieftains Light Load Member

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    Jul 18, 2021
    0
    Too many people steering people away. If Trucking was as horrible as some of yall say. All yall wouldn't be driving. I keep seeing people coming up with the worse case scenario an making it the norm.

    Trucking is profitable. It has ups an downs like every industry.

    Now I would suggest be a driver till you find the right equipment.

    Box trucks are bottom tier Trucking. To many non cdl holders an hustlers.
     
  8. LtlAnonymous

    LtlAnonymous Road Train Member

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    Dec 23, 2016
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    I would say you shouldn't look at this industry as being less nonsense. Especially at the bottom, as a rookie.

    The only reason I made it through the gauntlet is because I started at 23 and didn't know any better.

    If I had to be my age now and give away all the free labor I did at Schneider, I would've been laughing as I walked for the employee parking lot after a month. If that long.

    As long as you know what you're getting into, go ahead. Things are great here at the top of the industry.

    But there will be quite the learning curve, and an entirely new lifestyle to contend with. It's a lot to deal with.
     
  9. LtlAnonymous

    LtlAnonymous Road Train Member

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    Dec 23, 2016
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    I voted maybe, but I'm leaning toward "no."
     
  10. Pungent Sauce

    Pungent Sauce Bobtail Member

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    Mar 15, 2015
    Madison, WI
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    Are you a -very- savvy business person/entrepreneur with a relentless drive to see yourself succeed and a near-bottomless reserve of energy and mental fortitude to see it through?
    Do you want your job to be your life?
    Those are two important questions to ask before taking up “The most expensive hobby you can imagine”.
     
    ProfessionalNoticer Thanks this.
  11. w9hunpop

    w9hunpop Bobtail Member

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    Oct 9, 2021
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    How long have you had your CDL? If less than 2 years then insurance will be expensive.. I’d say now is a good time to get in and get the money while you can but if I was you I’d find a company that hires O/O maybe drive there truck then After a bit buy one and lease it on to that company.. work out the kinks in the truck build up some cash reserve and then finally get your own authority.. it if you think your going to get into trucking to avoid the b/s lmfao!!! Other than that I don’t want to do anything else...
     
  12. ProfessionalNoticer

    ProfessionalNoticer Road Train Member

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    Apr 25, 2021
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    It's the age of your authority that matters most. Not the age of your CDL. You could theoretically have your CDL for 10 years but not find an insurance company to cover you due to being a new entrant.
     
  13. FAKATA

    FAKATA Bobtail Member

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    Dec 13, 2021
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    I understand about all the possible expenses, that’s why not even considering used vehicle and all the BS it comes with, people trying to get you every step of the way.
     
  14. FAKATA

    FAKATA Bobtail Member

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    Dec 13, 2021
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    I understand about all the possible expenses, that’s why not even considering used vehicle and all the BS it comes with, people trying to get you every step of the way.
    I do feel it’s a downgrade as well, but I can’t go up at my current place, I applied for next level up positions all over US and was told I’m too valuable and they cannot just let me go… I’m very driven to start my own business learn business and expand it in the future.
     
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