Nightmare


I just bought my first truck and trailer a month ago. I was thinking I'd have more freedom but so far the people I have leased to think thay own me! And I'm not making any money at that! Any one tell what I'm doing wrong?

If you were a real business man you'd sell the truck and get a job as a company driver where the money really is. Trucking companies believe O/Os are more disposable than company drivers. There will never be a shortage of drivers who want the romance of owning their own truck, but have no business acumen to operate it profitably. they know they only have to pay you enough to make the next payment. If the company has both company drivers and O/Os, the company drivers usually get the best loads. Keep in mind the company also has a truck payment to make and their payment is more important than yours. There are companies that where you can do OK, but just OK. If you want the big money you need to get into a specialized field, which of course takes special equipment.
 
I think you need to get a haircut and shave. You look like a damn pot smoking hippie. Ha ha ha, only kidding.

What about getting your own authority? I have mine and do what I want, when I want and run as hard as I want. If your not sure about how to do it I would be happy to help. (After you get a haircut)
 
j911brick said:
If you were a real business man you'd sell the truck and get a job as a company driver where the money really is. Trucking companies believe O/Os are more disposable than company drivers. There will never be a shortage of drivers who want the romance of owning their own truck, but have no business acumen to operate it profitably. they know they only have to pay you enough to make the next payment. If the company has both company drivers and O/Os, the company drivers usually get the best loads. Keep in mind the company also has a truck payment to make and their payment is more important than yours. There are companies that where you can do OK, but just OK. If you want the big money you need to get into a specialized field, which of course takes special equipment.

WOW that's awesome advice,

"hey there driver you have no business owning your own business, and following your dream",

what a boneheaded stupid comment.

I've said it before, the trucking industry is full dumb asses.

Yep, being a company driver is always the right answer, if you have no problem being there puppet. Me personally, I prefer to have a bit more freedom and control, (ok i want complete and total control of my pay check, home time and where I pick and deliver freight) I go home when I want, I stay home as long I want. I'm in 100% control of my pay check. I don't have to deal with any company drivers or being a company driver.
I "DON'T" have anyone but my self telling me how, what, when and where to work. 100% complete and total control.

If my pay check sucks it's because I didn't choose freight wisely, or I stayed home to long, most likely or a combination of both.

911brick is what's known as a dream stealer.

I'll be the first to admit that owning your own truck is no picnic. The romance comes from the big fat pay checks you get every week, but that quickly disappear once you start paying truck related bills, everything in the trucking industry is bigger including the bills.

There's a fair amount of romance associated with the freedom that comes with owning your own truck. It's more of an illusion. If you decide to become an owner operator based the illusion. Then you will be very disappointed with being an owner operator, but on the other hand if you know and understand that your truck doesn't maintain it's self, then the illusion is very easy to see throw. Your pay check is still determined by rolling tires, but now you've added the extra work of truck maintenance into the equation.

Maintenance is probably the single most unexpected consumer of time and money to the new owner operator.

Being an owner operator isn't for everyone, just as being a company driver isn't for everyone. But I would never tell you that you have no business following your dream. Just make informed decisions.
 
911brick is what's known as a dream stealer.


I'm not a dream stealer; I'm a businessman. The object of business is to take capital investment and return a profit (as much profit as possible). For the masses in trucking, that is best accomplished by being a company driver. If you just bought a truck and want to be an O/O for the freedom and independence, not only is that bad business decision, its also a delusion since you will be a slave to the truck to make your payment every month. Like the old adage says: the best way to become a millionaire in trucking is to start with 2 million.
 
If you just bought a truck and want to be an O/O for the freedom and independence, not only is that bad business decision, its also a delusion since you will be a slave to the truck to make your payment every month. Like the old adage says: the best way to become a millionaire in trucking is to start with 2 million.


I did that exact thing with no experience at all. I sat behind a desk for over 35 years then just up and quit. I hired an instructor part time to teach me to pass the driving test, bought a truck, flatbed and a book on how to secure a load and been doing it for 6 years now and doing very well.
 
I
f you were a real business man you'd sell the truck and get a job as a company driver where the money really is.

He wouldn't be a "real businessman" then.....He'd be an employee.

Big bottom feeder trucking companies believe O/Os are more disposable than company drivers.

Fixed.....

There will never be a shortage of drivers who want the romance of owning their own truck, but have no business acumen to operate it profitably.

I agree with that statement.

There are companies that where you can do OK, but just OK.

I'm just leaving a crappy outfit that has broken the financial back of quite a few O/O's....He has company trucks as well and for the last few years I have been the highest grossing truck there. (including company trucks)
I'm leaving because I have to watch him constantly to make sure I get all of my money and also because I now live 2,000 miles from the yard.
Most of the O/O's that this guy has put out of business were poor businessmen that made poor decisions and didn't pay attention to the "Bottom Line".

Many times the reasons an O/O does "OK" insted of well are his own fault.




Like the old adage says: the best way to become a millionaire in trucking is to start with 2 million.

The "old adage" is usually uttered by people that haven't got enough sense to run their business like a business.
I started with almost nothing and have been very successful for many years because I make decisions based on what I want from my business.

Now if a guy just buys a truck because he doesn't want to be governed or because he wants to go home all the time.....Good luck with that!
 
I did that exact thing with no experience at all. I sat behind a desk for over 35 years then just up and quit. I hired an instructor part time to teach me to pass the driving test, bought a truck, flatbed and a book on how to secure a load and been doing it for 6 years now and doing very well.


I made it to; but the question is: Was it the most profitable choice that could could be made? Yes I "survived", but I can't say I have been more profitable than I would be had I stayed a driver. Had I stayed a driver my income would have doubled. As an O/O the rates have pretty much stayed the same for the last 20 years (even gone down in many cases), but operating costs have doubled, which means I have taken a 50% cut in pay.
 

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