Getting started

@blairandgretchen @Old Man

 

If you are worried about breakdowns right from the start, maybe you need to reevaluate your desire to be an o/o.

that said, if something happens, you can work with landstar for the tow and repairs. You will pay that back, it isn’t free money.

However the repowering the load usually comes from the agent you are working with for the load.

 

Towing is also you.

Sometimes loads are late due to breakdown. Other times an agent will attempt to repower a partially delivered load, in which case the money gets split between the two trucks.

How much you should have set aside depends on your truck. If it's older, having enough for an engine rebuild is a safe bet. Figure $25k ballpark. If it's new under warranty, you still want to have enough to be able to survive in case it sits at a dealership for 6 weeks due to warranty work or collision.

After you've been with Landstar for some period of time, I forget how long, they may be willing to extend a loan to help cover a major repair, and then take payments out of your weekly settlements once you're rolling again.

 

I saved up until I had 25k cash and cleared all my debt so I had emergency resources. All the worst case scenarios happened right off the bat. Call it learning curve money, or whatever title you wanna give it. But I needed nearly every bit of it.

Being under funded is the root of most business failures. You can never be too prepared. But you can easily be under prepared.

Keep stacking resources while you’re doing homework.

 

Present.

 

You need a reliable truck. All expenses are on you. You’re simply contracting your services to them.

Available credit to 20k and reserves at 15k cash is a good start.

Break down under a load never works well for you, the rescue, shipper, receiver or LS.

Bring A game and benefit, anything less will result in tears.

 

Good attitude