Trying to Get MC# and Authority activated

Discussion in 'Trucking Industry Regulations' started by kelgold64, Dec 23, 2022.

  1. Dino soar

    Dino soar Road Train Member

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    I would not try to dissuade anyone from doing anything and as humans with intellect we are capable of doing anything.

    But for that kind of a situation like that, not even at all being smart in any way, but I hope you have several million dollars that you don't need.

    And bear in mind that unless your trucks are leased onto a company and that company will pay you weekly, you're going to wait 30 days 45 days 60 days maybe you may wait the rest of your life for some payments.

    But definitely with five trucks and Five drivers you really need a lot of cash flow because you're going to be laying out money constantly and you're going to be waiting to be paid.

    And by the way, have you ever hired a driver? Have you ever tried to find a driver? Do you have any idea how hard it is to find a good driver? Are you going to pay top dollar and have the best benefits in the industry, because that may be the only way you're going to find Qualified drivers if you can find them at all.

    And if you have any period of time that five trucks are sitting or however many are sitting because you can't find drivers, that's going to be a lot of money flying out the window.

    Like I said, I wish you great success but for your Endeavor I certainly would think you'd need at least several million dollars.

    Whatever you do, do not do a lease purchase, and I truly hope for your sake you're not someone that thinks you can put 5% down and the good times are going to roll like kawasaki.

    But I wish you good luck let us know how you make out.
     
    brian991219 and W923 Thank this.
  2. bonder45

    bonder45 Road Train Member

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    but my friends friend told me I could make $1 million in four months
     
  3. NightWind

    NightWind Road Train Member

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    Frankly, and I mean no disrespect. I don't see that you have any business signing any lease for a truck much less 5 and having the responsibility of 5 families in your hands.