Quote:
Originally Posted by jrhbull
How come when someone asks questions about starting up as a o/o poeple always tell them that most never make it?? It seems theres plenty of freight avaliable?? Maybe im missing something??
|
Well I had not seen anyone say anyone will not make it on this thread. But I know the feeling...
Any business you go into is a Big Risk. When you go into a business you need to know the business. Most say they will not make it is to those who just getting the CDL's But some of them do makes it. Cause they sit down and research out all the facts.
Just guessing most who does not make it as an O/O goes in without a Business Plan.
1. They Do not plan for the worst, and when it happens, they are left out in the cold. (Break Down , Illness)
2. Do not Plan for increase in Operation Cost, Such as Fuel price Increase. (Not being Flexible)
3. Do not have a Cost of Operations set, nor a Budget set. (Know HOw much it cost to run your Truck, Set Limits to control Spending)
4. To busy being a BillyBig Rig, and Over spends. (Buying the Biggest badest Truck that cost more than they make),
5. Leases onto a Company and is to Blind to see they are not making money. (Cost you 90 cents to move the truck and your hauling for 85.)
6. They accept any load offered, Not having a minum price they haul for, or they just haul CHEAP Freight.
That is what I am seeing, and I am sure there is more reasons.