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How much should my setup be making a year

Discussion in 'Ask An Owner Operator' started by trucker_lady80, Dec 20, 2021.

  1. Dec 20, 2021 #1
    trucker_lady80

    trucker_lady80 Bobtail Member

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    Sep 8, 2020
    0
    Hello all,

    I need some help. I am owner operator with my authority.

    I own a 2020 Dodge Ram and 40ft trailer with max hauling capacity of 17,000 pounds.

    How much should I (the owner) expect to make in salary per year? I thinking $50K before taxes.

    Thank you,
     
    trucker_lady80, Dec 20, 2021
    trucker_lady80, Dec 20, 2021
    #1
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  3. Dec 20, 2021 #2
    ibcalm19

    ibcalm19 Road Train Member

    1,463
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    Nov 30, 2015
    Pennsylvania
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    That is subjective. How much do you need to make? to be profitable(Is it obtainable). Your business has to produce enough to cover its expenses & make a profit. Is your business going to produce enough to pay you so you can make it? How much do you want to make? Balance my friend Balance :D:D
     
    ibcalm19, Dec 20, 2021
    ibcalm19, Dec 20, 2021
    #2
  4. Dec 20, 2021 #3
    Lazer

    Lazer Road Train Member

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    Jan 22, 2017
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    IMHO, that figure it’s not worth it.
    If that’s all you can earn, why not be a company driver somewhere?
     
    Lazer, Dec 20, 2021
    Lazer, Dec 20, 2021
    #3
    Pamela1990 and ibcalm19 Thank this.
  5. Dec 20, 2021 #4
    Pamela1990

    Pamela1990 Road Train Member

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    B.C. Canada
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    That seems very low, was it a typo.
     
    Pamela1990, Dec 20, 2021
    Pamela1990, Dec 20, 2021
    #4
  7. Dec 20, 2021 #5
    fishonron

    fishonron Medium Load Member

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    Jul 25, 2017
    North Central Kansas
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    Are you the operator (driver) of the truck or are you putting someone else in the seat?
     
    fishonron, Dec 20, 2021
    fishonron, Dec 20, 2021
    #5
    Pamela1990 and OLDSKOOLERnWV Thank this.
  8. Dec 20, 2021 #6
    MOBee

    MOBee Road Train Member

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    Have you run the numbers? Do you know what an average load will bring per mile? Do you know what your per mile cost is at this time?
     
    MOBee, Dec 20, 2021
    MOBee, Dec 20, 2021
    #6
    Pamela1990 Thanks this.
  9. Dec 21, 2021 #7
    OLDSKOOLERnWV

    OLDSKOOLERnWV Captain Redbeard

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    Nov 29, 2011
    West Virginia
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    ^^^^^ This…..
     
    OLDSKOOLERnWV, Dec 21, 2021
    OLDSKOOLERnWV, Dec 21, 2021
    #7
    Pamela1990 Thanks this.
  10. Dec 21, 2021 #8
    trucker_lady80

    trucker_lady80 Bobtail Member

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    Sep 8, 2020
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    Hello Lazer,
    I have thought about this as well. I am owner operator and my sons drives for me while I try to do dispatch for him.

    I am having an issue with saving a cushion for monthly expenses.

    Appreciate the feedback.
     
    trucker_lady80, Dec 21, 2021
    trucker_lady80, Dec 21, 2021
    #8
    Pamela1990 Thanks this.
  11. Dec 21, 2021 #9
    D.Tibbitt

    D.Tibbitt Road Train Member

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    Apr 26, 2013
    Gettin' down westbound
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    Anywhere from $0 to $1 million
     
    D.Tibbitt, Dec 21, 2021
    D.Tibbitt, Dec 21, 2021
    #9
    Pamela1990 Thanks this.
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