I'm not worried about owner ops telling me that I'm a bad boy for considering a L/O. I've have an education, have ran successful businesses and like what I'm doing. I'm really interested in the success stories....not the owner op noise that keeps playing like a broken record. I will succeed or fail either as a company driver, lease purchaser or owner op......in any case or situation, it's up to me.
There are many company drivers who have failed, many owner ops who have failed (even in my own family) and many L/O's who will fail.
I want to hear success stories from those 27% who have done it. I want to learn from those who have been successful, the successful people who believe in doing their best work are the one's that I care about. An owner op coming on this forum with negativity and cynicism contributes nothing and can only compare to those two old men on the Muppet's Show, you know, the ones sitting in the balcony complaining about EVERYTHING
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Discussion in 'Lease Purchase Trucking Forum' started by CaptainX3, Jul 3, 2013.
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Well said maximum. A Lease purchase will work for many who make sure they know what they are entering into. Personally I have had great success as a lease operator. In the past few years I have completely turned the financial side of my life around. Sadly to many people with little understanding of the business they are getting into try and fail at it. There are too many companies trying to push their newly licensed drivers into a lp and not making sure the support system is there to ensure their success. But just as often, too many drivers are equally to blame. Either thru poor time and money management, or simply treating their new found business as some easy come easy go job.
MaximumTexas, Sharpp, DragonTamerBrat and 2 others Thank this. -
Get your personal finances under control. Start with a written budget. Basically just follow Dave Ramsey common sense advice. Save your money. In 6 or 8 years do this thing right with money in the bank. Takes money to make money. Successful businesses don't just borrow their way to success on a dream with no real vision. This advice I'm giving you I took it myself. It only took me 11 years to be an overnight success. I dictate the rates I haul for. I play this game right. I've been close to broke a few times from costly mistakes but I never borrowed a red cent. Always liked the Dave Ramsey pot roast analogy. You cook it slow in a crock pot for the best taste, you don't nuke it in a microwave. Same with money management, it takes time to clean messes and build capital. What the heck is your hurry??? You must have patience in this game. I have very few direct customers work for those customers is infrequent. So basically I haul almost exclusively brokered freight. I consistently load after load get rates that would blow your mind pulling a "lousy", "everyone knows van freight is cheap"... ....do you think I do that because I lack patience or am not methodical? Patience and a plan is what I suggest. Lease Purchase with JCT or whoever, sorry that ain't a plan no matter how close you've studied it....
Sent from my droid using Tapatalk 2dannythetrucker, Calregon and leftlanetruckin Thank this. -
I don't know anything about you, so a recommendation would be meaningless. If you want to send me a pm with some specifics like trailers you've pulled, goals you'd like to achieve, financial backing etc, I'd be more than happy to give some recommendations. You can see how I started out if you like. http://www.thetruckersreport.com/tr...r-operator/154436-shoestring-start-ups-3.html
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I was wondering how someone could use alllllll that business sense, when they are getting told what to do every step of the way?
Negotiate a rate? Nope.
Get a new customer? Nope.
Haggle with brokers? Nope.
Discuss financing options with a finance company regards buying a truck? Nope.
Shop for insurance? Nope.
Anything left? Besides not blowing all that money as soon as payday arrives?
Some very rose tinted glasses running around here. Dont want to hear about failures, just success'? Yeah, that must be all that "business" sense showing itself huh?
The one thing that the vast majority of the LP folks have in common though, is that it's rare to see one that's been at this job more than a 2-3yrs, with a LOT being at it under one.
Martinfortycalglock, rollin coal and trees Thank this. -
You asked me a few posts ago why lease guys are so defensive? This is why.
Even though I can see that there is an attempt to make a point in your post about the freedom of choices that you don't get in a lease, you still insist on throwing in a thinly veiled insult into your post. So, instead of getting your point across in an attempt to be helpful, anyone who reads that is going to focus on your attitude and not what you're trying to say.
That condescending attitude is exactly what pisses me off. I don't care how long you've been driving, that does not make you better than me. It does not make you smarter than me. It makes you more experienced... and I'm willing to bet you've probably got some great advice for new drivers, but no one is going to listen to you if you're going to sarcastically insult them while dispensing that advice.
(And this next statement may get me into trouble with the moderators here, and if it does, I apologize in advance if you have to jump in here and yell at me, but I have to say this.)
You don't have any idea how much "business sense" that I or anyone else on here has, and just because we decide to do things differently than you does not mean that we're wrong. So you're successful - that's great. But if you can't have enough respect, professional courtesy, and common decency to answer my question in a helpful and informative manner, then please just shut up and go somewhere else.
To the other posters on this page - all of your posts are helpful and offer some good advice. Rollin coal, I have to disagree with your statement "Lease Purchase with JCT or whoever, sorry that ain't a plan no matter how close you've studied it....", but the other advice in your post is both helpful and informative. As has been said before, lease purchasing is not a guaranteed path to failure. But it is going to require my paying attention to everything and going in knowing what I'm walking into. It is going to take several years to reach the higher levels of success, but either way I am going to have to pay for a truck, and making payments is a perfectly fine way of doing that.
If anyone has any further helpful advice or would like to discuss my questions further, please feel free to chime in. My future posts on this thread from now on are going to be limited to responding to those who provide helpful advice, I will be ignoring those who have nothing to contribute. -
You ought to listen to what he's saying it's spot on. He's talking about the core of this business things that have a dramatic impact on the bottom line. Things that are not controlled by you nor really even a concern in a typical lease purchase deal. The only thing you can do to improve what you keep in LP is control costs, which is important, but really in the overall scheme if a driver cuts fuel consumption by .5 mpg... ..that is a great thing, a small bonus.. ..but insignificant peanuts compared to learning lanes and negotiating rates. Those are things that can add many cents if not dollars to a rate per mile, much more so than small cost control measures.
Sent from my droid using Tapatalk 2trees Thanks this. -
Every single thing he said makes total sense. I don't disagree with any of it. One day, I hope to reach the level where I'm completely independent. But the sarcastic attitude is not needed, he can say the same thing without implying that I'm stupid or don't have "business sense".
I really has nothing to do with thick skin or whatever. Although his attitude irritates me, it is not going to affect my life in any way. But it's just flat our disrespectful, and it's unnecessary. Never once, in any of your posts, did you resort to insulting me or being condescending about what you were trying to tell me.
I know it's not a perfect world, but these forums here have been a significant help to both myself and many other new drivers, and when someone answers a post with that kind of attitude, it's a slap in the face to everything that they guys here at TTR have been trying to accomplish.
There is no point in displaying that attitude other than to make oneself feel superior to others, and that is the only purpose it serves. But it doesn't matter really, I've received several PMs offering very helpful advice from different people after my last post, probably because they don't want to jump into the fire pit that this thread is becoming, and that's sad, because their info could help others. And since that info isn't getting out, someone else will post the same questions again in the future, and this ridiculous cycle will start all over again.
But, his actual information was received and understood. -
Wow, touchy.
One minor sarcastic comment in my previous post? Yes.
Aimed at you, captain, in any way shape or form? Nope.
take a breath and maybe, just maybe, realize I have better things to do than insult you bud. Absolutely nothing in that post was aimed at you.
Now we get to see the type of business man you will be huh? Takes a big guy to admit he's wrong after all....
And yes, I offer advise with the best of intents for the most part. Feel fee to search through all my posts about non Flease subjects....
Martin -
Look, like I said before, your advice is solid. And I hope to one day reach your level of success, I really do. Even if the post wasn't aimed at me, why put in sarcastic comments at all? You have a ton of knowledge that can benefit a lot of drivers. You may not be able to change the world, so to speak, but if you can help just a few drivers out there improve themselves, become more successful, or become safer, that's something to be #### proud of.
Maybe I missed the tone of your message, maybe it was meant to be a joke, and we'd be laughing about it if talking in person. It's easy to misread someone when reading text, as opposed to reading body language and listening to the tone of someone's voice. So I could have easily misinterpreted you.
Here's some food for thought for you and all of the other long term drivers out there: Those of us who are new could easily look up to you as mentors. But I see so many new guys who refuse to speak to experienced drivers because so many of them treat the newbies like they're stupid. Whether it's joking or not, you're undermining everything you say if the other guy doesn't realize you're joking. And you guys with the knowledge and experience are going to be the only ones with the power to change things for the better. If they ever do manage to listen, Congress is not going to ask the opinions of a 1 year driver like me... they're going to look to a 20+ year driver like yourself.
Just my two cents worth I suppose.
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