Question about investors in the trucking business

Discussion in 'Questions From New Drivers' started by Trucker.1986, May 22, 2024.

  1. Trucker.1986

    Trucker.1986 Bobtail Member

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    My appologies
     
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  3. Trucker.1986

    Trucker.1986 Bobtail Member

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    30k per litter twice a year per dog. I have 4 of them.
     
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  4. Sons Hero

    Sons Hero Road Train Member

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    I’m not going to say you won’t succeed. Excessive capital to start is a plus. BUT I would TOTALLY FORGET about that buddy investor. You will almost guaranteed lose a friend and likely a business if he sees it starting to sink and withdraws his share. Buy a truck, run it til you see a profit, then add more as you can afford them, as the work becomes available, and as you can find good drivers. The last one there is gonna be the hardest part
     
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  5. Sons Hero

    Sons Hero Road Train Member

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    What breed? I my wife raises some registered dogs
     
  6. Trucker.1986

    Trucker.1986 Bobtail Member

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    I not trying to convince anyone. It's just poeple here just assume I will just fail and give up becuase of money.
     
  7. Trucker.1986

    Trucker.1986 Bobtail Member

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    This is the best answer from this whole post. That sums up my vision of what I will be doing. As the investor I don't want him. He is doing all he can to get in. He even knows the struggle of start ups and it dosent scare him. I will have a sit down with him and really show him the reality. The reality of he should just wait untill the market returns then I will let him in.
     
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  8. Trucker.1986

    Trucker.1986 Bobtail Member

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    South african mastiffs, registered in nabba. All of them appraised in the 90's. All OFA health tested and my stock of dogs all imported from the best. I've been in the dog game for years.
     
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  9. Sons Hero

    Sons Hero Road Train Member

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    If you can start and run without him, do it. And keep him out, if the market improves you won’t need him anyway. If he cannot accept no for an answer, he will be an awful business partner. As far as borrowing money, use the bank. If they say you can afford something, they have full faith you can. A private investor is more easily buffaloed into losing propositions. If the bank says you can’t afford something, accept it, and do your crying in private. I have personally experienced both sides of that equation, with commercial lending and private lenders, and trust me, you will be better off IF YOU AT SOME TIME NEED AN INVESTOR if you stick with a bank
     
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  10. Trucker.1986

    Trucker.1986 Bobtail Member

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    What breed are you working with?
     
  11. wifi_guru

    wifi_guru Medium Load Member

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    does the OP think a driver is going to take care of his truck. doubtful
     
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