Getting it all done

Discussion in 'Ask An Owner Operator' started by fld, Jan 29, 2014.

  1. fld

    fld Medium Load Member

    383
    258
    Nov 24, 2012
    0
    I am trying to understand how you guys (and gals) run your business from your truck without having someone in an office help you, especially when you are first starting.

    I know that you can set alerts for loadboards, but you can't monitor them constantly, like someone in an office can, not to mention if they actually have any connections. I would think that someone that had the time to pay attention to the loadboards would be able to find the best freight.

    You drive all day, look for loads, send carrier packets, check brokers' credit scores, make call after call to negotiate, do the billing... and in my case, work on the truck when you are done for the day or week.

    Having been involved in other businesses, I have learned that sometimes it is better to define what your job exactly is, and pay someone to do the other stuff. It is too easy for someone that wants to do everything to be sucked into a 24/7 work schedule. Paying other people to do certain aspects of your business, I think, makes longevity easier.

    Also, it seems like this business is really a question of who are you going to give your money to. It's going to go to someone. Do you give 25 % and pull somene's trailer and have them dispatch you? Do you give it to the insurance co. in getting your authority? To a dispatching/ bookkeeping/ billing service? 10% to use someone else's authority?

    I don't see how you do all this without having at least a spouse to help, although (no offense to the ladies), but 10% is probably much cheaper than a wife, lol.

    I would imagine that as time goes on, more brokers call you for freight, and less packets have to be sent. But even so, I would think that you would have to spend considerable time on the phone, at the very least.

    How do you guys go about getting it all done?

     
    MJ1657 Thanks this.
  2. Truckers Report Jobs

    Trucking Jobs in 30 seconds

    Every month 400 people find a job with the help of TruckersReport.

  3. wonderdog24

    wonderdog24 Medium Load Member

    377
    127
    Mar 1, 2012
    Puyallup,Wa
    0
    Time management is the key....
    look for loads in the morning-again at midday-another glance around 2-3 pm....
    Know the rates of the area you unload in before you get there...
    Know a good rate when you hear it from broker or see it on load board....
    Have a plan for the area you are in...
    Billing is prepared as soon as load is done via computer/printer in truck... Scan/E-mail bills... 10-15 minutes
    Trip Sheet the same...Keep these in order n IFTA for the quarter is a 30-60 minute job... Also helps with Tax Time....
     
    fld Thanks this.
  4. RedForeman

    RedForeman Momentum Conservationist

    4,875
    22,141
    Jan 30, 2011
    0
    Q: How do you eat an elephant?
    A: One bite at a time.

    You prioritize. Some tasks can be hired out. Usually stuff you can't do better or for less money than yourself. Those things should not include: negotiating your rates, handling your customers, and managing your bank account.

    As far as the day to day, it can be busy and the timing of that can suck. often. Don't let chasing load boards make you miserable. The one you miss won't be the last one ever. And don't forget to make time for own well being and health.
     
    MJ1657, fld and bullhaulerswife Thank this.
  5. kw600

    kw600 Road Train Member

    1,172
    359
    Dec 9, 2011
    everywhere,usa
    0
    That last sentence is the best thing I've ever read. And true. My health has gone to complete h e double hockey sticks. Chasing the money you forgot to sleep like a normal person eat like a normal person be a normal person.

    I wish I knew this several years ago when I first started otr. It's unfortunate
     
    fld Thanks this.
  6. MJ1657

    MJ1657 Road Train Member

    7,521
    50,152
    Jan 28, 2012
    Isanti, MN
    0
    Great post fld!
     
    fld Thanks this.
  7. fld

    fld Medium Load Member

    383
    258
    Nov 24, 2012
    0
    Thanks for the replies. I can see now that you guys just make it part of your day's work.

    I also am beginning to see now what you guys mean when you talk about being a businessman that drives a truck. The patience that you have in choosing loads, knowing the pricing for your lanes, being professional when dealing with brokers/shippers/ receivers, keeping your truck as well as yourself looking neat and clean...
    I can see how that all fits together as a business that people want.to do business with.

    I can imagine at times it is hectic, but technology allows us now to have a mobile office, and that saves money. I guess the actual doing of it is being prepared and getting the hang of it.

    Any other advice or opinions are welcome.
     
  8. wore out

    wore out Numbered Classic

    16,042
    194,273
    Jun 5, 2013
    CHASIN THE DEVIL'S HERD
    0
    I tried it on my own at first, I had been around the trucking business 18 years when I got my authority and became an O/O. It was harder than I thought had my son not stepped up and said "Dad your driving your self in the ground you have to let me help you, I will work for food and gas if you want this that bad." I thought about it that night and decided nobody cares about a business like the owner so I made him a partner. He pulls a hopper in state but handles a lot of things sitting in line. He has a way with people I have never had that was truly the best decision I ever made. I do believe that without him Dry Dirt Farms would not have made it. I also think this forum played a huge roll in the limited success we have found.
     
    fld, RedForeman, 53STEP and 1 other person Thank this.
  9. Prom Night Dumpster Baby

    Prom Night Dumpster Baby Medium Load Member

    646
    473
    Jan 12, 2012
    Bug Tussle, TN
    0
    Don't be dictated by the frantic momentum of others. Not being loaded and running everyday is no big deal to me. If it's close to 5pm until you get your load delivered, just relish the time to relax and start fresh tomorrow looking for a good paying load. I know there's guys who actually look on load boards while driving and that scares the crap out of me. Fate will eventually catch them.

    There is a lot of administrative and mechanic work to do. All the more reason to not haul cheap freight.
     
    fld Thanks this.
  10. fld

    fld Medium Load Member

    383
    258
    Nov 24, 2012
    0

    I'm glad that it all worked out for you, wore out.

    And I think what you are saying, the message of it, is so important. It seems to me that MANAGEMENT of one's business is the real indicator of success, however you do that. Most business owners are not skilled in every single aspect of their business. With that being said, it's not an excuse to not KNOW what has to be done, but knowing the areas that you are weak or just plain don't like doing, I think makes a business run that much smoother and makes it that much more enjoyable.

    I can see how much work is involved in having your own authority (and money, and paperwork, and people skills, and...), and I can see why so many people who rush into this crash and burn. Having experienced people such as yourselves as a means of continued education is a blessing, and thank you for your responses. I have been around trucks and equipment my entire life, and I have to admit, the complete running of this business is a little intimidating.

    One person can only do so much, and that was the main purpose of starting this thread. I think that it's easy to throw yourself into a situation where it becomes 24/7, and you not only physically work yourself into poor health, but mentally also. I like the idea that if you can get most or all of your paperwork and calls done during the workday, that when you shut her down, your work (at least the administrative part) is done. My goal is to be able to run my business, not have it run me.

    Any additional input as to how you guys (and gals) manage your business is welcome, even for repairs and maintenance and bookkeeping also.
     
    wore out Thanks this.
  11. wore out

    wore out Numbered Classic

    16,042
    194,273
    Jun 5, 2013
    CHASIN THE DEVIL'S HERD
    0
    I do agree sometimes it is cheaper to farm out the things you know nothing about mistakes can be costly. Also a good accountant is the best money you will ever spend.
     
  • Truckers Report Jobs

    Trucking Jobs in 30 seconds

    Every month 400 people find a job with the help of TruckersReport.