Quote:
Originally Posted by kenworthw900l
Would starting ones own small trucking company be possible now and in the future considering the economy? Will the economy allow for anyone to ever branch out on their own again?
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There will always be opportunities for those willing to take a risk. Regardless of the type of government there will opportunities for people to better themselves. During the last depression some great fortunes were started. W. Clement Stone started his own insurance business during that time. It was the worst possible time to start a business, but he bucked the odds and built a fortune. Ford was built during difficult economic times. John D. Rockefeller built the largest oil fortunes the world has ever known during the late 1800's and early 1900's. These are but a few of the many companies that were built during difficult economic times. They found an opportunity and seized it.
Economies run in cycles. Bad times don't last, neither do good times. It is like a pendulum that swings back and forth. To a great extent you can predict what will happen by what happened in the past. Everything that happened during recent years that led up to this current economic depression has happened before. The problem is that most people are not willing to look at history and learn from it. You can make a living as an owner operator right now, but it isn't easy. While I would not recommend anyone strike out on their own at this time. Some will do so and succeed. Others will fail. That will happen regardless of what happens with the economy. When the economy is doing well it is much easier to be successful. During a depressed economy, it is much more difficult.