First thanks for the replies no_worries, I appreciate it.
So if I understand you right, there seems to be more of an advantage of trying to get steady freight, albeit cheap stuff, out of here. That's why I didn't understand my friends assertion that it's better to find good paying stuff in.
Really now that I think of it, he has the freight out but once he's out there he loses that competitive edge. So to find good paying freight IN is what's best for him, and probably not a good general statement.
What amazes me is he didn't understand much about the IFTA stuff, he was letting his drivers fuel up wherever (and for some reason most people that aren't paying for fuel themself hate the Flying J which means he's overpaying) and he is doing some things financially wrong, yet he is making money. Maybe not much but he isn't losing.
This is a tough business. Me personally I am very impulsive and I am always looking to get things done quick. This is not going to be a quick venture. All in all things are going well I think but I still have no idea where I am going to take this.
I was reading yesterday about the guy that founded Citrix (some computer thing) and he's loaded and he retired then got into chartering airplanes or something but realized that it was a tough business with low profit margins. He's into airplanes again but another angle.
But reading that reminded me that I should not get too fixated on this trucking thing. If this doesn't work then move on.
I think as you say no_worries a small operation is much more flexible. I am reducing my expenses month by month and I think in the not to distant future everything will be paid for. Which means I will have a decent stream of income and there is where I get stuck.
What's next? I ask this over and over daily, what's next? In my heart, I believe becoming very wealthy is not that hard. If one is disciplined then that is more than half the battle. I just recently got a check for a little over $11,000. I knew it was coming but didn't know when. It has been a few years pending. You know what I did with that money? I paid off two of the credit cards I have. I didn't even so much as go out for a fancy supper.
If you are disciplined and are smart with money, then success can't be far behind. I'm hoping anyway
Anyway this more has been just me musing than anything else. I appreciate the feedback no_worries and all others too. I have been thinking I wish I had more people like this around me; I wish I could get involved with an investment group. You talk to people sometimes and it's just nonesense.
That's why I didn't mind not being home for the holidays. I remember not too long ago one member of the family (by marriage) and who's always in a finacial mess, well I was over his house and he was standing there pointing to his new flat screen TV to show me and I'm thinking you are an idiot.
Don't get me wrong, nothing wrong with those things for those that want them but this guy is always in a mess, well him his wife and 2 kids, and looking for people to bail him out. I get around people like that and I cringe. (don't get me started on the $900 dog he bought).
It's one thing I like about this board, for the most part it's a positive exchange of ideas. I have more of a hope of making tomorrow a better day reading things here than I do standing there looking at an idiot pointing at his TV that he can't afford.
Ok that's enough.
You see, the wife leaves me for a few days and it's like I'm back in the truck pondering on things .