I'm not an owner operator yet, but father with no previous experience just got his cdl last month and a used truck and used flatbed and is running under his own authority.
He has been getting loads from someone who gets them from a broker. So right off the bat he is losing 5% to the person who has been scheduling the loads plus whatever the original broker is getting. Obviously, this is not the way to make the most money you can.
He is planning to start scheduling loads by himself in the next two weeks through load boards once he gets set up with web access and a laptop.
I gave him the name of a broker that my boss at work is friends with. He is wary of trying to use more than one broker. I tried to tell him that using the boards he will by default be using more than one broker. Do you guys deal exclusively with one broker or many brokers? How do you guys handle the calls from brokers offering loads?
He is using a non-recourse factoring company to get paid.
Any comments, ideas, or suggestions?