Should YOU Become an Owner Operator in Today's Market??
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Freight rates are down, companies are going under, and truck prices, especially on used models, are at an all time low. In a time like this, the question most truckers find themselves asking is, should I purchase my own truck and start my own authority? Join Ronen as he explores whether or not becoming an owner operator is profitable in today's market, breaking down a 15-day pay statement, tax advantages of owner operators and lease operators as opposed to company drivers, and the correct ways to go about purchasing trucks!
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📚 Chapters
00:00 Introduction
00:31 Pay Statement Breakdown of Company Driver
01:57 Tax Advantages of Being An Owner Operator
04:11 Pay Statement Breakdown of Lease/Owner Operator
06:19 Comparing Pay Statements
07:34 Building Wealth As An Owner Operator: The Ronen Way
08:10 How To Go About Purchasing A Truck
09:43 Conclusion
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