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How Much Did It Cost To Start My Trucking Business | Startup Costs

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Trucking From Scratch

Trucking From Scratch

Күн бұрын

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ABOUT ME:
What’s up y’all? I’m David McGill, a 2007 graduate of Indiana University’s Kelley School of Business, an experienced accountant, trucking business owner, and consultant. I created Trucking From Scratch®️ to help other entrepreneurs start, run, and grow successful trucking businesses by breaking down the business side of trucking.
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DISCLAIMER:
The information provided in this video should not be construed or relied on as legal, tax, investment, or business advice for any specific fact or circumstance. It's content was prepared by McGill Accounting LLC, with its principal office located at 1075 Broad Ripple Ave., PMB 390, Indianapolis, IN 46220. This video is designed for entertainment and informational purposes only. Viewing this video does not create an accountant-client relationship with McGill Accounting LLC. You should not act or rely on any of the information contained herein without seeking professional legal advice.
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Пікірлер: 1 400
@TruckingFromScratch
@TruckingFromScratch Жыл бұрын
👕 Get your Mind Your Trucking Business T-Shirt: truckingfromscratch.myshopify.com
@andrewpowell8217
@andrewpowell8217 Жыл бұрын
I’m interesting in starting my own my business.. need some advise on how to start and what to do
@filmaker256
@filmaker256 11 ай бұрын
IF I don't have a CDL can I find routes and Hire truckers with CDL"s ??
@BGrissom1983
@BGrissom1983 4 жыл бұрын
Lease the truck but get it from a truck sales place, get it as new as possible and put 5k down, your lease to own truck payment will be a 100% write off for taxes, make sure the truck is fairly new with low miles and a warranty and if you lease on to a larger company it’s cheaper insurance and down payment and I put 6k down on my flatbed trailer and grossed 270k I’m 2017
@boomagoo321
@boomagoo321 4 жыл бұрын
Thanks !
@ryancainion7539
@ryancainion7539 4 жыл бұрын
With a leased truck... what is covered as far as repairs under warranty etc. the length of the lease? Thanks for your help bro.
@brianrell1874
@brianrell1874 4 жыл бұрын
How long was the lease?
@kalimba04
@kalimba04 4 жыл бұрын
Excellent info!
@felandowaller7181
@felandowaller7181 4 жыл бұрын
Dam nigga you balling..I wish you was in Virginia Im trying to start a Tractor Trailer business but I only wanna spend like $35,000 on each truck
@yacyuuzi
@yacyuuzi 4 жыл бұрын
Man I dont think you realise how much you are helping. Thanks
@JohnDoe-fs6lz
@JohnDoe-fs6lz 4 жыл бұрын
Exactly knowledge will always outweigh money .
@bernardleonard3299
@bernardleonard3299 3 жыл бұрын
Good information bro I’m currently a truck business owner myself been doing it for 14 years. Little advice bro. Look into the truck auctions held in the United States and learn how it works. I could have got you 2 truck for 20, 700 or just one for 10k and saved you 10k knowledge is everything keep pushing bro ttyl
@mohamedmohamed-dz3bu
@mohamedmohamed-dz3bu 3 жыл бұрын
Knowledge is everything! And who are those auctions hosted by do u know?
@shaychauntaye7047
@shaychauntaye7047 3 жыл бұрын
Bernard Leonard Thanks for the info. Do you know of any truck auctions that occur in the south East?
@latreciafrancis9092
@latreciafrancis9092 3 жыл бұрын
Auctions sites or location please looking to buy in the next few months
@rikkisetc
@rikkisetc 3 жыл бұрын
@@latreciafrancis9092 ritchie brothers
@yolandaallen-jackson7307
@yolandaallen-jackson7307 3 жыл бұрын
Hello Bernard, I am here in the Midwest (St.Louis) looking to buy two trucks asap... Can you please advise? Thank you
@hammerlane831
@hammerlane831 4 жыл бұрын
Sir!!! You are exactly what I have been looking for as far as information in the trucking industry. The way you explain and break down the information is second to none! I thank you for the knowledge that you share and for the time and effort your putting forth. I will definitely be contacting you real soon. Thank you again and keep up the tremendous job that you are doing. God Bless
@frazierderrick1991
@frazierderrick1991 3 жыл бұрын
Facts dude was so helpful
@supkoopertttt8777
@supkoopertttt8777 2 жыл бұрын
Hes a great man for doing this ! Props and thank u very much
@chriswoods5843
@chriswoods5843 2 жыл бұрын
once you pay for all that , for the second time you only have to buy the truck right
@chriswoods5843
@chriswoods5843 2 жыл бұрын
@@supkoopertttt8777 once you pay for all that , for the second time you only have to buy the truck right ?
@jonathannichols6857
@jonathannichols6857 11 ай бұрын
COMMENTS LIKE THESE CONCERN ME LMAOOO
@tejz22
@tejz22 4 жыл бұрын
For some trucking is a 9-5 for others it’s away out .Keep up the videos my brother 💯💯
@galehess6676
@galehess6676 3 жыл бұрын
god bless man. respect.
@gamingclips1756
@gamingclips1756 3 жыл бұрын
Wise words
@queencastlepodcast6828
@queencastlepodcast6828 3 жыл бұрын
“Church” ✊🏿💯
@ラッセル9728
@ラッセル9728 3 жыл бұрын
thats with any job
@WickedxAngel
@WickedxAngel 3 жыл бұрын
@@ラッセル9728 I second that. Trucking is the best opportunity to making over +100k/yr without a degree. Tell me “any job” that requires no degree that matches trucking salary . 🌚
@jeffhaer7734
@jeffhaer7734 4 жыл бұрын
Awesome video,,,No music or gimmicks,,,Just to the point.
@rogeliohernandez4959
@rogeliohernandez4959 4 жыл бұрын
Thank you for not being selfish, and sharing you knowledge with us. Hard to find people like you
@truckinginfreshkicks3525
@truckinginfreshkicks3525 4 жыл бұрын
This guy is a blessing 🙏🏽💯
@BlackPirateKing
@BlackPirateKing 4 жыл бұрын
Doing your thing young brother. Just got my LLC and EIN just waiting get my truck. Wish everyone much success
@samlundt8020
@samlundt8020 3 жыл бұрын
I’m currently in the same spot has been a struggle just to figure out what I need to do and in what order.
@deelashea5017
@deelashea5017 3 жыл бұрын
im currently in the same spot and would love to connect with you all email: desiremiller25@gmail.com
@justinwalker2460
@justinwalker2460 3 жыл бұрын
What's the update?
@jmax3326
@jmax3326 3 жыл бұрын
While registering whats is the category of the boxtruck business in the system?
@MrJay-kb8xj
@MrJay-kb8xj 4 жыл бұрын
This video may have just changed my life. Thank you bro.
@chriskladky5698
@chriskladky5698 4 жыл бұрын
Im not a trucker or starting a trucking business, but thank you! Its wonderful seeing a no bullshit youtube video. Thats a rare thing these days. Now, how about a video how one comes up with the $29,557 or lets just call it 30k dollars. 😎
@slightreflections2921
@slightreflections2921 4 жыл бұрын
Chris Kladky work and save
@charlesbradley7638
@charlesbradley7638 3 жыл бұрын
Terrell Bailey facts it ain no other way around it
@justinwalker2460
@justinwalker2460 3 жыл бұрын
Get a vehicle loan from the bank
@user-ut9ww3zh9r
@user-ut9ww3zh9r Жыл бұрын
This not for everybody. Straight to the point.
@tatyanaprice7356
@tatyanaprice7356 4 жыл бұрын
After being in dispatch I absolutely loved it & now I've decided to operate my own trucking business... Thank you this was a great refresher 💯
@MrHitmanmatt
@MrHitmanmatt 4 жыл бұрын
I'll work for you
@shawnmichael4785
@shawnmichael4785 4 жыл бұрын
How is that going
@thaksanaketheswaran5082
@thaksanaketheswaran5082 4 жыл бұрын
whats a dispatcher?
@edgarsorto4915
@edgarsorto4915 3 жыл бұрын
Was up with a update. Is everything well?
@teebaby0115
@teebaby0115 3 жыл бұрын
good to see another woman of color!
@Theelyment253
@Theelyment253 2 жыл бұрын
My man gave the whole blueprint for free. Thanks bro🙏🏽
@themanimal1925
@themanimal1925 4 жыл бұрын
Thank you, I'm preparing to start mine as well. You just broke it down to the very last compound.
@Rogerdis215
@Rogerdis215 3 жыл бұрын
@Alina-Feicia Avram do you Have any companies you would suggest leasing with. Cowan said I was approved to lease but I haven't been seeing and hearing great things about them.
@bradcoddington1679
@bradcoddington1679 3 жыл бұрын
@@Rogerdis215 leasing your truck to a company is nothing more than a glorified truck driver who gets to pay for your truck plus maintain it without getting the entire freight rate. Your better off to get your own authority yes its harder in the beginning but it will pay much better because you will be the one who decides what a good rate is instead of just getting what that lease company decides what it wants to pay you.
@monisolaelliott9346
@monisolaelliott9346 4 жыл бұрын
I am a former truck driver for Prime and other independent companies and this has always been my goal! Thank you for this concise information. God bless you!
@abdulsomedahmedyussif366
@abdulsomedahmedyussif366 3 жыл бұрын
Let's partner
@UnpredictableAri
@UnpredictableAri 3 жыл бұрын
That’s dope to see a woman driving trucks
@tonykollar6870
@tonykollar6870 2 жыл бұрын
I'll fund you
@monisolaelliott9346
@monisolaelliott9346 2 жыл бұрын
@@tonykollar6870 I can’t drive anymore due to degenerative disk disease. I would have to find a reliable driver
@mobmotivation6797
@mobmotivation6797 2 жыл бұрын
Looking to get into this game do trucks really make 100k + in America
@marchetta67
@marchetta67 4 жыл бұрын
Your vids are extremely informative and straight to the point. Without all the jibberish and blah blah blah. Just the facts. You don't know how many people you are helping with the info you provide. Keep up the great work! :-)
@halfmanhalfamazing191
@halfmanhalfamazing191 4 жыл бұрын
Thanks for putting the information out there. So many people, when they become "successful", want to keep how they did it a secret.
@jeremiahesty2815
@jeremiahesty2815 4 жыл бұрын
Mann your on point with your stuff bro..Great tutorial..
@JDoc-ib5wp
@JDoc-ib5wp 4 жыл бұрын
Bro. From the bottom of my heart. GRACIAS!!
@Bluelineclapper312
@Bluelineclapper312 4 жыл бұрын
This helps a lot actually.I just started my business last month and still goin through the process. thanks for the video.
@litllececretz8618
@litllececretz8618 3 жыл бұрын
How’s the business going bro ?
@litllececretz8618
@litllececretz8618 3 жыл бұрын
I always wanting to do that but a little nervous
@sarahholleran6230
@sarahholleran6230 2 жыл бұрын
Hi did u get a box truck and where did u get it from? Having issues, Penske said no due to traveling through the country and not having “experience” to my bf.
@wandering6480
@wandering6480 Жыл бұрын
how is it going so far?
@DemarioJohnson
@DemarioJohnson 2 жыл бұрын
I don’t normally like videos but this video was perfect everything was explained perfectly
@sonnydayz2118
@sonnydayz2118 4 жыл бұрын
Thank you for sharing. This is one of my goals in life.
@ruthepooh65
@ruthepooh65 4 жыл бұрын
Great information! My friend just went on his own and doing Very well. This info about the the Startup cost make it easier for me to make a Move to doing my own thing!👍
@gilbertofuentas9883
@gilbertofuentas9883 4 жыл бұрын
This is absolutely insane all the government hurdles one must go thru. Government is the problem
@Ranchready496
@Ranchready496 4 жыл бұрын
Yup; government sucks!
@weylandthomas9031
@weylandthomas9031 4 жыл бұрын
Government and their regulations/fees/licenses etc. have always been the problem.
@johnm5855
@johnm5855 4 жыл бұрын
This government regulations kill small guys and help big companies for big companies is a tax write off for a small new guy is killer its the same in restaurant business its called corruption big guys pay off crappy government regulators like this BS eld i pulled at las vegas convention center to pickup and I had to wait there 14 hours by the time I loaded i was all out of time so now I have to wait 10 hours before I can leave even known i waited there didn't do much but my time moved as I moved a few yards up every few hours that's all good old crappy government at work
@makefe123
@makefe123 4 жыл бұрын
Your insane
@davehughesfarm7983
@davehughesfarm7983 4 жыл бұрын
Dam right I hate all that shit...KIck the tires buy some insurance and lets go...Its why most farmers have always been outlaws..Buried in paperwork..
@tommorris3035
@tommorris3035 2 жыл бұрын
Great video, I rented my truck I was a truck operator I made over 700,000 a year also Everything is going up in 2022. Being a truck operator is the way to go. You call the shots and you can stay at the house with when you want
@ablusive227
@ablusive227 2 жыл бұрын
I just turned 18 and i’m planning on owning a truck/ multiple trucks, any idea you’d recommend on where to start?
@oumoubarro4042
@oumoubarro4042 Жыл бұрын
Hello I would like to discuss please
@johngrim9779
@johngrim9779 3 жыл бұрын
You just gained a lifetime follower today.
@luisrodriguez197099
@luisrodriguez197099 4 жыл бұрын
Love how he gets right to the point..not to much blablablabla how others you tubers
@derrickzenner9300
@derrickzenner9300 4 жыл бұрын
That's worth a subscription. Thanks
@ricl472
@ricl472 3 жыл бұрын
Hey man I had to bump this a thumbs up for making it plain and simple. No glitter. Straight to the point. Big 10 fo!
@sm0othdude
@sm0othdude 4 жыл бұрын
this was very informative, appreciate the knowledge. i plan on using this within the next year or so to start my own trucking company.
@DLOWBIMMERS
@DLOWBIMMERS 3 жыл бұрын
Thank you so much ! This motivated me . Good to see a young black man working hard
@randallmiller8238
@randallmiller8238 3 жыл бұрын
Thank you David for the simple and detailed videos, they are a blessing! The wife and I are looking to join the transport field together
@dennisstewardjr8324
@dennisstewardjr8324 2 жыл бұрын
If you need any help booking loads let me know asap. I dispatch for Box Trucks & Semi. First load is on me then I ask you to work with me for 14 days. If you like my service then we can move forward to a month to month deal. Have a blessed day and keep trucking!
@jenniferwashington4960
@jenniferwashington4960 Жыл бұрын
@@dennisstewardjr8324 I'm interested in this. My husband and I are starting up now.
@SimplifiedPie
@SimplifiedPie Жыл бұрын
Thank you for this video! I am almost 15 and I'm exploring business opportunities and opening a trucking company seems very interesting to me. The information you've shared in this video is very useful for knowing how to set up a trucking business!
@SmoothOperator412
@SmoothOperator412 4 жыл бұрын
Thank you for this. I’m a non cdl straight truck driver and I’ve been on the fence about getting a cdl and starting my own authority
@TheTruelakersfan
@TheTruelakersfan 4 жыл бұрын
Cool last name you have.Mine name Seymour Butts.
@dennisstewardjr8324
@dennisstewardjr8324 2 жыл бұрын
If you need any help booking loads let me know asap. I dispatch for Box Trucks & Semi. First load is on me then I ask you to work with me for 14 days. If you like my service then we can move forward to a month to month deal. Have a blessed day and keep trucking!
@kingdomseeker88
@kingdomseeker88 4 жыл бұрын
Nice step by step price breakdown. Aspiring o/o’s keep in mind you can buy your truck and “lease on” (run under the operating authority of) an already established carrier. That will lower your start up costs. While leasing on you can save up to become independent if that’s your ultimate goal. Don’t confuse “leasing to” with “leasing FROM” a carrier. Leasing a truck FROM the carrier you run for is like the wolf guarding the sheep. #drivesafe
@christopherzablon8336
@christopherzablon8336 4 жыл бұрын
Thanks David for your honesty and willingness to share this kind of trucking information.. The startup outlook is really promising
@nyafisher10
@nyafisher10 3 жыл бұрын
Organizing your expenses for your business will help you in the long run. Those business related expenses can now be deducted from your income, when you file your taxes. Good luck with your businesses everyone! 😊💪🏽 Thanks David!
@patricksamuels725
@patricksamuels725 4 жыл бұрын
Thank you for your information I'm in the process of starting my own.
@GGE415
@GGE415 10 ай бұрын
I love that you chart/table the information
@jdk4333
@jdk4333 3 жыл бұрын
This was most def helpful and very informative. I’m researching to get into the business. I can’t get a CDL so I figured I would own and hire a driver. I’m def subscribing to your videos.
@rocadtransportation620
@rocadtransportation620 4 жыл бұрын
I am just starting my trucking business and I watch your videos for all my advices. Thanks bro we appreciate you
@primowendy
@primowendy 4 жыл бұрын
Thank you for this! I'll be checking out your other videos.
@CCodyG
@CCodyG 3 жыл бұрын
Going through all this right now. Just wanna cry sometimes but it will all work out!
@augustayarteh7524
@augustayarteh7524 4 жыл бұрын
Great explanations my dear brother. The expenses to start that truck business is expensive . It takes people who love to run it well. If you as the owner run it you will careful of driving it you will save a lot from it my own thought on this explanations. Nice one sir.
@Gmoneyluv4u
@Gmoneyluv4u 4 жыл бұрын
That's really not expensive! Trucks cost way more than that, its probably used. I have a friend who drives and he spent $30000.00 just for the truck and it was well used @ 2,000,000 miles with a warranty to completely overhaul the engine which is about 27,000.00. So believe me this is not much how he's breaking it down with acquisition cost and fees??
@stevenredman1582
@stevenredman1582 2 жыл бұрын
So for all the filings and legal stuff, it came to a little more than $7500. That's the $29,557 less the $20,700 for the truck, the $1,000 for the trailer, the $300 for the GPS, and the $30 for the fire extinguisher. That's not too bad, really. Thank you for your breakdown of the legal stuff and their respective costs.
@Mazel_Tov_888
@Mazel_Tov_888 4 жыл бұрын
Great video love that you provide training good other stream of income. Keep up good work.
@lammy9733
@lammy9733 3 жыл бұрын
I'm late in the game but I got nothing but respect for you young positive brothers bossing up
@madagent101
@madagent101 4 жыл бұрын
Thanks, David you got right to the point. Now can you make a video part 2, what expenses from the list are monthly?
@TruckingFromScratch
@TruckingFromScratch 4 жыл бұрын
kzfaq.info/get/bejne/q8txdMZj17K-pWg.html
@MrHALFPITT
@MrHALFPITT 2 жыл бұрын
One intelligent man very professional
@ajempire3056
@ajempire3056 4 жыл бұрын
I’m going to pay the cost to look at the ways to start my trucking company business bro I’m thankful I came cross your channel
@brokentoes6721
@brokentoes6721 3 жыл бұрын
Thanks for getting right to the point instead of dragging it out like some people.
@ortbrad242
@ortbrad242 4 жыл бұрын
Free game alert 📢📢
@bigmoneycampaign1328
@bigmoneycampaign1328 2 жыл бұрын
Started dropping gems under 1 min mark . Thank you . We dont know what you had for breakfast or what you did yesterday. Thank you
@louiskwaku8879
@louiskwaku8879 4 жыл бұрын
Thank you sir for the Info. Getting my own truck in 2020. Just subscribed to your page.Love your videos
@brandonjackson6818
@brandonjackson6818 4 жыл бұрын
💯💯💯💪🏾💪🏾💪🏾💯💯💯🙏🏾🙏🏾🙏🏾
@damasusboulangerie4776
@damasusboulangerie4776 3 жыл бұрын
In your course, I am going to learn How to found companies to work direct with
@LARGERTHANLIFE21
@LARGERTHANLIFE21 4 жыл бұрын
Good video/content clear and to the point saved me $2,000
@TruckingFromScratch
@TruckingFromScratch 4 жыл бұрын
I'm glad I could help, but can you tell me how this video saved your $2k? Thank you for the feedback. Looks like you're a real estate investor down in Florida. Fun fact: I closed my first wholesale deal back in 2009 lol.
@LARGERTHANLIFE21
@LARGERTHANLIFE21 4 жыл бұрын
@@TruckingFromScratchWell I'm a Realtor not so much a wholesaler anymore(i closed my first wholesale deal in 2011). Any how there is a certain person in the trucking industry going viral lately. And he's selling online course on how to start a trucking business/fleet without a CDL. He's taking the guru approach which I hate because it is misleading people in to thinking its eady industry when that is so far from the truth. The coaching program starts at $2,000 Which may be worth it to some but there is a lot of free resources available. I respect what you do with no strings attached. P.s. i drove local for 3 years looking to hop in my own truck want to go owner op in my own truck but hesitate dont know who to sign on with.
@mitmmusicgroup7999
@mitmmusicgroup7999 4 жыл бұрын
WeBuyFLHouses I know exactly who you are talking about. I know someone else selling the same exact course for a hell of a lot cheaper.
@mitmmusicgroup7999
@mitmmusicgroup7999 4 жыл бұрын
WeBuyFLHouses I know exactly who you are talking about. I know someone else selling the same exact course for a hell of a lot cheaper.
@mitmmusicgroup7999
@mitmmusicgroup7999 4 жыл бұрын
WeBuyFLHouses selling it for 2k is waaaayyyy too much. And you only have access for 90 days
@janiceroberts8135
@janiceroberts8135 2 жыл бұрын
Thank you my brother, there's a lot of people out here that won't help anyone. 🙏🙏🙏
@htmcphee4
@htmcphee4 4 жыл бұрын
Love the video, I do appreciate the information.
@justalittlebusinessllcwith4315
@justalittlebusinessllcwith4315 2 жыл бұрын
I have several clients who are starting an Owner Operator Trucking Business. I will definitely refer your KZfaq link to them. I am writing their business plan and this video gives a clear step by step guide for them to use. I appreciate the time you took to provide the information.
@TruckingFromScratch
@TruckingFromScratch 2 жыл бұрын
Thank you
@jazrosales2008
@jazrosales2008 4 жыл бұрын
Wow, great info. God bless!
@thomasa3285
@thomasa3285 Жыл бұрын
You’re blessing. Thank you for everything 👑
@dawudthetrucker
@dawudthetrucker 4 жыл бұрын
Keep doing your thing brother 💪🏾 very informative video!
@whome6175
@whome6175 Жыл бұрын
Man I’m glad I run into your videos your straight forward once I’m ready with my money I’ll definitely need guidance
@slodowngotx9841
@slodowngotx9841 4 жыл бұрын
Saving up to do these exact things
@giovannireyes9455
@giovannireyes9455 3 жыл бұрын
Brother thanks so much for the information! There are people who don’t wanna see others eating. You’re welcome to my table once I get it set up 👏🏽
@GQ-jv9uw
@GQ-jv9uw 4 жыл бұрын
Great vid straight to the point
@dlynn4188
@dlynn4188 3 жыл бұрын
It good to see brothers, helping others with information. About the trucking business.
@charliecolvin901
@charliecolvin901 4 жыл бұрын
Thanks, David
@SpottedLantern
@SpottedLantern 2 жыл бұрын
Thank you for the info. Straightforward, no music no games just information 👏🏾
@itsmechrisandre9255
@itsmechrisandre9255 4 жыл бұрын
Very direct. Short and simple. Straight to the point. Learned alot
@wassdadeal
@wassdadeal 3 жыл бұрын
Thanks for the info, I have been thinking about trucking for a long time and the more I listen to you the more I feel ready. Again thanks
@rbanta710
@rbanta710 3 жыл бұрын
I can put 5 trucks on the road with two car trailers for 60,000, all new equipment.
@donadori
@donadori 3 жыл бұрын
how is this possible?
@jamesbrown5420
@jamesbrown5420 4 жыл бұрын
Amazing information
@dlm7973
@dlm7973 3 жыл бұрын
Keep hustlin' bro, doin' God's work. Bless ya dude!
@JQAMERICANA1
@JQAMERICANA1 4 жыл бұрын
should I get started even though I'm nowhere close to owning a truck or trailer? great video bro
@StateCoTruckInsurance
@StateCoTruckInsurance 2 жыл бұрын
$4,200 down payment for insurance is on the high side. Depending on the state and MVR you can get insurance with as low as $2,500 down.
@bridgetrobertson7134
@bridgetrobertson7134 4 жыл бұрын
Subbed. No one else is just laying it out in simple terms like this. I've been 1099 forever. I'm looking to get out and let some other sucker drive for me.
@jah5075
@jah5075 4 жыл бұрын
Shit attitude you got. You will fail!
@marlongoodchild2437
@marlongoodchild2437 3 жыл бұрын
I like this video.. Short, straight to the point... I respect what you're doing here. Champ...
@TruckDriver326
@TruckDriver326 4 жыл бұрын
I seen people your way when they ask me what to do.
@user-tv8yw4gv8n
@user-tv8yw4gv8n Жыл бұрын
Valuable info. Really appreciate it. I am just starting out and this info will help me a long way.
@siddiqiddrisu9408
@siddiqiddrisu9408 3 жыл бұрын
Great video! Quick question: how long did it take you to complete all these tasks?
@TipsybyNoon
@TipsybyNoon Жыл бұрын
I watched this video less then a year ago. I had zero trucking experience, no Cdl, and had no clue wat any of this ment and said it looked too difficult… fast forward I’m 5 months into having my own authority… anything is possible if you want it 💪🏽
@DSNCB919
@DSNCB919 4 жыл бұрын
I want to have a truck business but hire a driver and keep my day job maybe run it under anothers company
@osbaldo8942
@osbaldo8942 4 жыл бұрын
DSNCB919 that’s what I’m doing
@DSNCB919
@DSNCB919 4 жыл бұрын
@@osbaldo8942is it going good for you ?
@osbaldo8942
@osbaldo8942 4 жыл бұрын
DSNCB919 so far it’s ok you have to find a very good driver responsible and old around the 50 to 60 that’s the kind of drivers you should get they responsible and reliable
@internationaljacques7248
@internationaljacques7248 4 жыл бұрын
Erik R I’m trying to do the same thing what company did you lease your truck too
@charlesperkinsjr2
@charlesperkinsjr2 4 жыл бұрын
@@e.r9319 around how much can you make a month leasing out one trunk?
@Itzenzo735
@Itzenzo735 4 жыл бұрын
An opportunity came up to buy a truck for $40 grand. But don’t want to get into debt by getting a loan and financing the truck. This gives me an idea of what to expect.
@Dva1d88
@Dva1d88 3 жыл бұрын
I want start up become an owner operator. Where do I start first ? I’m trying start off leasing truck from Penske before actually buying truck . But they only rent to companies, do I need an LLC or what ??
@deannadias
@deannadias 2 жыл бұрын
Yup. I’ll be back!
@cregxy
@cregxy 3 жыл бұрын
Do you have to purchase your own truck and trailer or could you get drivers who have their own truck under your authority? Or could they rent?
@jongray9342
@jongray9342 3 жыл бұрын
Bless this man and his family..carry on...
@beatricewells7158
@beatricewells7158 4 жыл бұрын
David, what would be a healthy amount to start a trucking business: $50,000. $75,000...etc?
@sneakycobra5939
@sneakycobra5939 4 жыл бұрын
The max you'll need is 30k depends what you're going for. Long haul or short. The truck and trailer is the main tool you have to worry about, how much are you willing to put down on a good truck that wont leave you on the side of the road with more expensive repairs. Down in the end it boils down to a good broker and driver. If you want a sense of security 50k would be where it's at. Its gonna cost me 25k to do mines but I'm saving up way way more due to any emergency events, you need extra cash to pay drivers for the first few trips and have extra cash to pay insurance, fuel, etc in case you dont get work for the first month for what ever reason.
@beatricewells7158
@beatricewells7158 4 жыл бұрын
Sneaky Cobra Thank you so much. Great Info.
@xchemicalXladybugx
@xchemicalXladybugx 2 жыл бұрын
Thanks so much for actually breaking down costs and talking about the early stuff no one sees or talks about. So many people skip all the licensing and insurance costs.
@eduardoanglin2019
@eduardoanglin2019 4 жыл бұрын
Hello David. Thank you for the information, really good! My question is. Starting a truck company that picks up loads and take to a bigger carrier company for national delivery. Is there such a thing?
@seadkarajic7268
@seadkarajic7268 4 жыл бұрын
Good luck bro, I'm eastern European and we all truckers lol. It's hard business but once u get good at it you can do good. I wish you luck and lots of more success.
@colleenoloughlin3970
@colleenoloughlin3970 3 жыл бұрын
Is the age of the tractor or trailer ever a factor in being able to book a load with a shipper? For example if the age of the equipment is more than 10 years old we don't want you to move our freight?
@bradcoddington1679
@bradcoddington1679 3 жыл бұрын
It can be but its not always an issue. But if your going to be a leased operator to another trucking outfit then they are sometimes much more picky as to the age of your equipment.
@soprettyceo
@soprettyceo 4 жыл бұрын
A true king 🤴🏾 thanks for blessing us with this incredible information ❤️
@dannyb175
@dannyb175 4 жыл бұрын
I’m tryin to get my dot an mc ASAP’ I need information on da pls n ty for the video👍🏻👍🏻
@JohnTheMexicanic
@JohnTheMexicanic 3 жыл бұрын
Create an account with FMCSA apply for yourj DOT. After you can apply for your MC if im not mistaken. Not sure if they charge for the DOT but I know MC is $300 one time pay. My dad and I run intrastate only so we don't need an MC. MC is more for interstate carrier for hire/out of state. But if you do decide to get your MC then you'll need your IFTA, portion license plates BOC-3 and i believe that's it. But in order for you to apply for the MC you need to have the insurance active before applying for MC as per FMCSA rep. If you want alot more info give FMCSA a call and they should be able to answer your questions. If they can't answer your questions then ask them to refer you to someone that can answer your question. Trust me. That's what I've been doing for an entire month now. Speaking to different people none stop and im kinda liking it lol.
@9lamota
@9lamota 3 жыл бұрын
La Senda Enterprises Inc is there to help!
@UnpredictableAri
@UnpredictableAri 3 жыл бұрын
What is dot
@astalavista007uk
@astalavista007uk 3 жыл бұрын
I live in Europe and I could find a similar video breaking everything down and explaining what they mean like you’re doing. Bless you sir 🙏🤞👌
@craiglester4047
@craiglester4047 4 жыл бұрын
On some of the fees do you have to pay annual or one time.
@Mirage_
@Mirage_ 4 жыл бұрын
I'd like to know the answer to this question too
@caspernomad9262
@caspernomad9262 11 ай бұрын
Excellent information about starting a trucking company!! Next comes getting the loads for revenue to stay in business.
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