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Stepping Out With My Own Numbers

Discussion in 'Ask An Owner Operator' started by Misesian, May 16, 2017.

Page 57 of 146
  1. Jun 9, 2018 #561
    redoctober83

    redoctober83 Road Train Member

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    Seattle, wa
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    Yes
     
    redoctober83, Jun 9, 2018
    redoctober83, Jun 9, 2018
    #561
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  3. Jun 9, 2018 #562
    redoctober83

    redoctober83 Road Train Member

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    This is with CH Robinson, one of the first brokers I was setup with and didn't understand that part of the agreement when I signed it a couple years ago. You can't go back and make changes after the fact which stinks!
     
    redoctober83, Jun 9, 2018
    redoctober83, Jun 9, 2018
    #562
    Dave_in_AZ, CaptainDaveG and spyder7723 Thank this.
  4. Jun 9, 2018 #563
    redoctober83

    redoctober83 Road Train Member

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    Nope, CH Rob you blind.
     
    redoctober83, Jun 9, 2018
    redoctober83, Jun 9, 2018
    #563
    whoopNride Thanks this.
  5. Jun 20, 2018 #564
    Misesian

    Misesian Road Train Member

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    Nothwest Arkansas
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    I’m officially back to one truck. Finally got the other truck and trailer sold. Probably take me until the end of the year to get back to where I was before starting all this.
     
    Misesian, Jun 20, 2018
    Misesian, Jun 20, 2018
    #564
    RStewart, tax, Oscar the KW and 7 others Thank this.
  7. Jun 20, 2018 #565
    Tug Toy

    Tug Toy Road Train Member

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    Corn field
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    Thanks for posting about the reality of adding complexity.

    My plan after 25 years of managing large facilities and as many as 300 people was to just to have 1 Truck and one employee. I’m so much happier than I’ve ever been. I have made a few more dollars a couple of years in the past but never had such satisfaction in my previous life.

    Adding a truck and employee looks good on paper but, The new Truck will never be as efficient and you will lose efficiency in your own truck at the same time.

    There is money to be made in more trucks but way more work than it’s worth in most cases in my opinion.
     
    Tug Toy, Jun 20, 2018
    Tug Toy, Jun 20, 2018
    #565
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  8. Jun 20, 2018 #566
    Misesian

    Misesian Road Train Member

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    Nothwest Arkansas
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    My motivation for doing it wasn’t the money. The guy I hired is a friend of mine and he was getting put in the poor house by lease purchase programs. He kept bringing it up that if I bought a truck he’d drive it, because he knew how much I’m bringing in. Finally, I said, if you’re serious, I’ll do it, and I did. I was making money off the truck but I was also paying him extremely well.
    I’m not happy how it turned out. I was going to be getting him a new truck and everything. I just feel like he used me just to get some cash in the bank so he could do something else other than OTR.
    I still talk to him and everything. It’s not something I’ll throw in his face but it’s not something I’ll forget either.
     
    Misesian, Jun 20, 2018
    Misesian, Jun 20, 2018
    #566
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  9. Jun 20, 2018 #567
    spyder7723

    spyder7723 Road Train Member

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    Never hire friends or family members. It will never end well.
     
    spyder7723, Jun 20, 2018
    spyder7723, Jun 20, 2018
    #567
    86scotty, Paddlewagon, redoctober83 and 1 other person Thank this.
  10. Jun 20, 2018 #568
    drvrtech77

    drvrtech77 Road Train Member

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    Never usually does..lol
     
    drvrtech77, Jun 20, 2018
    drvrtech77, Jun 20, 2018
    #568
  11. Jun 20, 2018 #569
    DUNE-T

    DUNE-T Road Train Member

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    Detroit, MI
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    ####, how much do you think you lost on this?
     
    DUNE-T, Jun 20, 2018
    DUNE-T, Jun 20, 2018
    #569
  12. Jun 20, 2018 #570
    Misesian

    Misesian Road Train Member

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    May 21, 2014
    Nothwest Arkansas
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    It might not take that long. What hurt me was the ridiculous maintenance cost on that truck and now I’m losing a lot just to sell it. In total, I’ve lost 16k on this whole deal. If it weren’t for the maintenance cost on it, I could have broken even. I averaged 4K a month in maintenance on it.
     
    Misesian, Jun 20, 2018
    Misesian, Jun 20, 2018
    #570
    Dave_in_AZ, DUNE-T, drvrtech77 and 1 other person Thank this.
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