Sherman
WKR
- Joined
- Jul 15, 2021
- Messages
- 635
With all of this COVID bs, vaccine mandate bs, lockdown bs, etc., I am thinking of quitting my job and starting a small trucking company. I currently make about $130-$140k a year. I have a CDL. I have enough money to purchase at least 2 big rigs and reefer trailers. I would run one myself and hire a driver did the second truck. My other option is to purchase one truck to run myself while keeping a nice nest egg, save more money and purchase more rigs as money permits.
I am tired of making other people money. I am tired of working for a major company that has too much influence over my life.
I have no vehicle payments, no credit cards, and my only expenses are mortgage, insurance, cells phones, and normal day to day stuff. I would buy the equipment for the company cash, so I wouldn’t have to worry about paying off the equipment before turning a profit. I am in a skilled trade in which I could always liquidate my assets and return to my trade anywhere in the US. If I do this, I don’t want to jump in half ass, keeping my job while running a truck or two.
Is there anyone familiar with the trucking industry that can give me a hand? I have done extensive research and have a pretty good grasp of what to expect with start up costs, taxes, obtaining an MC authority, DOT number, and the likes. I have broken down the financials and know what is required each truck to make per mile, miles required per month, etc. I am more in need of advice of the inner working of day to day stuff like how to obtain loads, using a broker, using a dispatch service, how to obtain dedicated runs and stuff like that.
Any help would be awesome.
I am tired of making other people money. I am tired of working for a major company that has too much influence over my life.
I have no vehicle payments, no credit cards, and my only expenses are mortgage, insurance, cells phones, and normal day to day stuff. I would buy the equipment for the company cash, so I wouldn’t have to worry about paying off the equipment before turning a profit. I am in a skilled trade in which I could always liquidate my assets and return to my trade anywhere in the US. If I do this, I don’t want to jump in half ass, keeping my job while running a truck or two.
Is there anyone familiar with the trucking industry that can give me a hand? I have done extensive research and have a pretty good grasp of what to expect with start up costs, taxes, obtaining an MC authority, DOT number, and the likes. I have broken down the financials and know what is required each truck to make per mile, miles required per month, etc. I am more in need of advice of the inner working of day to day stuff like how to obtain loads, using a broker, using a dispatch service, how to obtain dedicated runs and stuff like that.
Any help would be awesome.