The UGLY Truth About Company Driver’s vs Owner Operator.

Рет қаралды 10,615

4 жыл бұрын

BEFORE YOU BECOME AN OWNER-OPERATOR WHAT DO YOU NEED TO KNOW ABOUT OWNER-OPERATOR VS COMPANY DRIVER IN TRUCKING?
The Pros and Cons of Being a Company Driver vs Owner Operator,
The UGLY Truth Of Company Driver vs Owner Operator.
Company Drivers Pros:
No start-up costs besides getting your CDL.
The money you make is yours. You don't have to reinvest in your truck.
No commitment. If trucking isn't for you, you aren't out of any money.
Better access to benefits and insurance.
Cons:
You make less money. Because the trucking company is taking on the risk, you make less as a company driver.
You have less home time. When you are a company driver you have a little less control of your schedule, meaning you have to be on the road more.
You drive the truck you are given. Now, some companies give you a few options, but you can't do much of anything to customize the truck. Often these company trucks have fewer bells and whistles.
Owner Operators
Pros:
You make more money. Because you are taking on the risk and insurance, you make more than a company driver.
You can make your schedule. When you are a company driver you have a little less control of your schedule. As an owner-operator, you can make your schedule, but you still have to pay the bills, so don't be fooled into thinking you get a lot more time off because in the end, if the truck isn't running, you aren't making money. Unfortunately, bills don't decrease just because the truck is parked.
Cons:
Start-up costs are pretty steep. Often companies will help you get started by leasing you a truck until you can purchase one outright.
You have to find the loads. If you lease onto a trucking company this is not the case, but if you operate completely solo you have to find and book your loads, which can be a full-time job!
The money you make needs to cover all your driving expenses and your take-home pay. No one is writing you a paycheck that is all yours. You have to consider upkeep and running costs when you factor in your pay.
Big commitment. If you decide to get out of trucking and own your truck you could very well lose money getting out of the truck because of their quick depreciation.
More limited access to benefits and insurance. Some trucking companies like K&J Trucking provide options for their owner-operators, but many, if not most, leave you to figure this out for yourself.
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Пікірлер: 56

@royfredericks2231 4 жыл бұрын

Good video again bredda, schooling the people. My 2 cents; Freedom comes with a huge price tag. I made more money as a company driver and the bag was stacking quickly but since an owner operator its more responsibility gross is high net- expenses is lower and the bag has holes lol. Single man with no kids or wife = easy life. Married with kids = struggle My conclusion: Company driver= baby sitting and slave to the system. Local driver= not in this discussion they get to go home every day. Owner operator = slow turning wheel (stop and go) but the vision is that it will level out eventually. Did my research when i started trucking as a company driver with Stevens transport and found out that Landstar was the better trucking comp. out there and i made them my goal. You have to love trucking and UNDERSTAND how things work and take risk as any business to really survive out here as an OTR driver. If i got to do it again it will be OWNER OPERATOR. KEEP TRUCKING

@rickyharvey4835 4 жыл бұрын

Whats stopping ya !!! Roll with it

@1990vato 3 жыл бұрын

Worked 7 years for a good company, left it to be an o/o. Was an o/o for 3 years. Sold my equipment and went back to being a company driver👍 It’s whatever works for you.

@griffenlewis8820 4 жыл бұрын

Did it for 17years this is the most real video I have ever seen

@austintownsend1660 4 жыл бұрын

Really glad to see you make it through despite all the initial setbacks, hope you continue to succeed man you deserve it

@RB-xn9su 4 жыл бұрын

Nailed it bro

@Hidingfrompeople 3 жыл бұрын

You didn't frighten me from doing it, but you certainly put it into perspective.

@cguillen1234 4 жыл бұрын

Mi try it in Florida and mi a tel u seh mi go bawld and gray at the same time. Good video

@howardreid6996 3 жыл бұрын

Yes , yes you are sooo correct , its the same way I been a owner/over operator in charter coach bus interstates from 2003 to 2017 was up 3 56 passengers coaches (MONTEGO TOURS & MOTOR COACH LLC ) i can. Relate to all the pain and the corrupt people ,, had fight to get pay fuck up drivers promise to come in leaving 45 passengers on pickup have to farm out work to other individuals faceup bus company that take your $$ and give your costumer bad service, or no show. FUCK UP Machanic service had learn fast to repairing I feel the pain my friend , I always enjoyed operating a Motor Coach through US & Canada since I was 26 years old ,Now I back doing what I enjoy ( operating a Motor Coach))for a company I was A Rental for Hampton Jitney Bus company , Southampton long Island N.Y.,,,,!,,,,!Be safe my friends and May the Holy Sprit continue to guide you....

@loaded8766 4 жыл бұрын

Good tips about to get my class a CDL

@cayala45326 4 жыл бұрын

The only way to make money as a owner operator is leaving family for long time! Not worth.

@jcherrax 3 жыл бұрын

Very true bro im a truck since i was 22 im 28 now so 6 years in ajd i realized the only way is OTR owner op im happy local comoany driver deliverying cars and hauling fuel sure i may not make as much as an owner op but im home everyday make anywhere between 1250-1500 a week take home / after taxes what more cna i ask? No repair headaches and etc

@CarlosMartinez-fw6qs 4 жыл бұрын

Brother I like yours video man

@joaquincorzo3977 4 жыл бұрын

Till today ive made more as a company driver then owner op but the truck i bought i always had to do something to. But sometimes it takes time put truck dot certified mechanicaly . ima try again .

@royfredericks2231 4 жыл бұрын

👍

@terrihulvey4617 4 жыл бұрын

good video truckdrivers need to know. Don't pay enough for loads for owner operators to survive.

@TroyStarzTruckingVlogs 4 жыл бұрын

Thanks for your feedback 👍

@hehoek4 3 жыл бұрын

TroyStarz nah lie me rate u 🤣🤣, hope i can get thru to fwd a canada next 2 years time to drive truck as well

@abdelastro6165 4 жыл бұрын

Thank you for the advices!!! I have one request for you can you do one on brokers like names and grade them it’s super difficult to find good info.

@busa290 3 жыл бұрын

It’s not easy and everyone takes money from you. The life is not the best and you are just a traveler. You give way more than you receive in trucking.

@TheMajictech 2 жыл бұрын

You’re spot on about the brokers brother. I bought my 2014 670 and a brand new trailer. I’m going step deck to start, I might buy a dry van or a reefer later. Me and a friend of mine are going to get some of that $4-$6 a mile stuff when we can. He’s been trucking since the 90s. We are going to get around those brokers and go directly to the source ;)

@TroyStarzTruckingVlogs 2 жыл бұрын

Good please keep me posted

@brinkscookingtruck5680 3 жыл бұрын

Yes bredda bredda gwan bun up the road

@TroyStarzTruckingVlogs 3 жыл бұрын

👍👍👍

@evafras1358 3 жыл бұрын

Seem like it worst in canada than the USA my brother. It tuff everywhere but it sound extreme on that side.

@rickyharvey4835 4 жыл бұрын

You guys need to strike with general motors and get that pay up there

@footalee2 4 жыл бұрын

Sounds quite a deal bro

@CarlosMartinez-fw6qs 4 жыл бұрын

Brother what you think about local work im doing hiway nos but wants to come local

@Kavianable 4 жыл бұрын

Carlos Martinez Bro you can make the same money as a long haul truck driver working local if you find the right company to work for.

@Live-life.. 4 жыл бұрын

Owner operator the only thing works for me I don’t like to be slave go here and there I control my money and make money I want there is some expensive repair but I still make my money 💰 I did not care about other say don’t do it I did it and never feel bad And the only part I feel bad about bought used truck new the only way to go don’t ask why it’s says new mean less headaches more money

@shhhhhhhhhhhhhh.... 4 жыл бұрын

Real talk im selling my 07 classic going new less headaches and dealing with thiefing mechanic.

@Live-life.. 4 жыл бұрын

pimphard33 please do and don’t listen to people say didn’t do it I should but house Trust me I spent a lot more on my truck than new one but what I can do mistake and gonna fix it soon I get little more loan paid off

@ssingh9152 4 жыл бұрын

Yow me boss me c that u don’t really reply to the comments in ur in box however being that u still an owner operator I am figuring it is better than company driving am I right????

@jamesthomas6448 4 жыл бұрын

I want to get in the trucking business but I don't know which way to go owner operator or a company driver can someone please help.

@TroyStarzTruckingVlogs 4 жыл бұрын

If this video didn't help you no one can. Because I was well straightforward

@josephfontenot3998 4 жыл бұрын

Ain't it

@nodayoff1000 2 жыл бұрын

If you had a opportunity to be home everyday and only work 6 days a week and make 5k to 6k a week out of Ohio and this the kicker no touch power only. Would you take it? Sound of is this a good deal

@TroyStarzTruckingVlogs 2 жыл бұрын

What rare you going to get the fuel at? Because you may wait your time

@krubel682 3 жыл бұрын

Ho budd,how about if I were to purchase brand new truck? With warranty?

@TroyStarzTruckingVlogs 3 жыл бұрын

I hope I answer this question correctly with one of these videos… How to buy a used semi truck. kzfaq.info/get/bejne/bs9yqJVemMDLkaM.html New truck vs Used truck 🚚 kzfaq.info/get/bejne/eMWFh7ObtrGqmKc.html

@krubel682 3 жыл бұрын

Awsome thanks!

@cayala45326 4 жыл бұрын

Beings driving long. Bécame sl

@CanhNguyen-ot8fz 4 жыл бұрын

Are u owner operator under the company or individual LLC?

@TroyStarzTruckingVlogs 4 жыл бұрын

Under a company

@ChubRok08 3 жыл бұрын

I didn’t know you can be an owner operator under a company. Good to know, doing extensive research Omw to becoming an owner operator myself. Will upload informational videos once I have my own authority. Check my channel out for that content. See you guys in the future!

@jeimmyacosta6104 3 жыл бұрын

I’m have big problems with this progressive. Is been for 3 months. Want to race my insurance.

@starflex5 4 жыл бұрын

So witch one is better?

@royfredericks2231 4 жыл бұрын

Owner op hands down. hardest part is keeping the truck on the road. You tube is here to help.

@royfredericks2231 4 жыл бұрын

Yes you can gross $200k not net lol. As i said a lot of factors are involved. In your case, A good company to lease unto or if you decide to do your own authority, a reliable truck and you willing to put in the work and time on the roads. I dont push for 200k but it is attainable. I have to remember I'm in it for the long haul and my truck is the tool to get me there. I have kids and have to be home everyother weekend (you get the picture) so it cuts in on my revenue. Yes u can bro.

@royfredericks2231 4 жыл бұрын

I hear you brother, thats what they told me when i started that there is a lot of money involved but they could not break down actual figures. Troy Starz speak facts so thats the reason i share. As i said there are a lot of factors involved, (New truck, teams, own authority, dedicated route, location, to name a few) for me i live south Florida which is a dead zone so my situation is different. Its a numbers game so do your homework and choose wisely. Bless.

@TroyStarzTruckingVlogs 4 жыл бұрын

Check out the video that I'm going to release on saturday

@cristianestrada5381 3 жыл бұрын

@Chris Ayala 500k and they bring home most of it? Haha sure bud I have some beach property in Arizona I'd like to sell to you as well at a cheap price 😉