Small Business Mentor

Discussion in 'Experienced Truckers' Advice' started by KW11, Jul 6, 2020.

  1. KW11

    KW11 Bobtail Member

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    Feb 3, 2018
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    I'm interested in managing a small fleet of trucks and would like to hear from O/Os and small fleet owners about a path to take. I think that it would be extremely beneficial to work alongside someone with experience managing the financials and learning rules/regulations before making any initial investment.

    I'm from a small rural area where it seems every swingin' dick takes a stab at driving truck. Flattop 379, 8" cowboy pipes, and more lights than the Vegas strip. You know the story. A lot of these guys run one, maybe two trucks, and spend the rest of their lives on the road. Why? Is it a lack of business expertise?

    My question is whether it's best to make the investment of purchasing a truck and learning as you go OR take a couple months to mentor with someone with experience, sitting in a truck part time. Any insight is much appreciated. Thanks a lot.
     
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  3. Dockbumper

    Dockbumper Light Load Member

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    Not a "couple of months" that's for sure. Couple of years? ........Maybe.
     
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  4. Allow Me.

    Allow Me. Trucker Forum STAFF Staff Member

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    Most drivers aren't business people and most business people aren't drivers. They're are exceptions. To buy and own a truck or 10 and drive it and run the business end is a lot of work. Lots of O/O 's have CPA's or their at home wives doing the paperwork aspect while they drive. I've worked for a few truck co owners who could run a business but couldn't drive a truck. They didn't even have a CDL !

    A shiney new Pete all chromed up and painted nicely is ridiculous if you think about it. ( as much as I like nice looking trucks) VS a plain jane freightshaker or Int'l. The plain jane will get the job done and be much cheaper to buy. I mean, it's a business right ? A good business man will keep the $$$ outlay to a minimum. good luck to ya'.
     
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  5. Harry Flashman

    Harry Flashman Light Load Member

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    Oct 4, 2019
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    There is plain Jane and there is sloppy.

    How bout those owner operators where the paint on the tractor is chipping revealing each of the 5 colors it was once painted.

    He also got a trailer from a trucking company that went under 5 years ago. You know this because you can see the ghosting where the decals were peeled off.
     
  6. D.Tibbitt

    D.Tibbitt Road Train Member

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    Well id say paint chip is one thing and body panels fallling off is another. There is plenty of paint peeling trucks on the road that are top notch underneath. A nice paint job dont make u any money
     
    buzzarddriver Thanks this.
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