Rule #1 from experience in hot shot been doing it for 5 years part time . The only rule actually to me PAY OFF YOUR DEBTS IN LIFE . Then pay off your truck and trailer ! Then work hotshot! I got house paid cars paid. I work hotshot 3 times a week when I feel like it !!!!!!!
May have been said and I missed it, but it needs to be said. Unless you have some form of prior experience your first year is one massive learning curve. You really need a mentor. leasing on with a seasoned company or having close relationships with someone in the business is a must. As Jason stated the first 90 days it's very tough to book freight and to take it further a lot of brokers still say one year. About a month ago I was told no over not being two years in, I laughed at him and said cool have a nice day. Do not start your own authority unless you have the financial ability to cover any household or business debt for the first 6 months as your not going to earn well for the first year and you need to be learning not freaking out how your going to cover all the expenses. It can be a lonely life out here so make sure you're built for that as many aren't.
Man I was working in a warehouse 12hrs shift had a old f150 bought a used 24 ft trailer only did hotshots on my days off,I was able to quit my job and upgrade truck to a diesel. You gotta start somewhere just stay motivated
@@mikelopez4148 I’m loving it somedays or more profitable than others,but overall I feel more free not having to punch a clock at a warehouse for 12hours feeling like life is passing you by,it’s all about what you make it. There’s no limit on the amount of money you can make when you’re a self employed person.
@@mikelopez4148 good I write down each month what I need to be making daily to keep me ahead of the game from bills,maintenance,gas,taxes etc it’s pretty much more work but it’s more relaxing because I set my own schedule…lol trust me once you worked at a warehouse that will push you to go as hard as you needed not to go back
one of the biggest things i learned the hard way and if i didnt have a safety net in my father would have ended my business is too much growth too fast and not paying enough attention to profit dollars. given the option between revenue dollars and profit dollars, you pick the third option, less expense dollars, too much growth creates expenses that you just cant pay if something goes wrong
Well... heres my deal... and not trying to brag.... Ive been an owner operator of a tree biz for 36 years. Im 53 now... never really have got to travel out of the state as ive been working my arse off. Ive saved around 1.3 million dollars. I have zero debt... and have already purchased an f600 with a sleeper cab and a 40ft 40k gross weight gooseneck. Im in the process of filing all the necessary paperwork ect. I have my cdl A and have tons of big truck driving experience. I doubt I will make any money in the first year but i figured since everything is paid for I have a slight advantage. I just want to learn the game and put some time in. I figured if im stuck somewhere looking for another load... i can do some site seeing ect. I dont have all the answers but i have a plan. My motto since I was 17... whatever you think about most will happen.... failure isnt a option in my brain. Hopefully i can make a few bucks and see the country doing it.
You won’t see much but highway and gas stations. to see the country you need to visit national parks. at 10 mpg you’ll lose money going anywhere off the highway. get a map, connect the dots and spend a summer traveling. it is worth the money. i’ve done it three times.
Just traded my truck for a 3500 ram, and bought a 35ft trailer everything is paid off 100% I use the combo to tow my toys with the intention to eventually start to hotshot within the next 3 years (when my kid graduates high school) I'm going the CDL route before I get started. As a new CDL/Hotshot driver is there many issues getting enough loads to at least cover insurance, and general overhead (fuel/food)? When I pull the trigger my house will be sold, and I'll be in owned property out in Michigan (just property taxes) so my bills will be very low. My plan is to hotshot during the summer, and chill in the winter how feasible is this? I regularly tow my enclosed 24' trailer 3k miles from az-Michigan and absolutely love driving I was thinking of saving at least 6 months for overhead before even getting started to make sure everything is good, but hopefully I get enough loads as a new driver and "1 man owner operation" to at the very least break even with a small profit.
I’ve had my CDL for approximately three years, my boss said he’s willing to help me start my hot shot trucking business. Is the logistics major from the military, what are your thoughts?
Very interested in getting into the industry more and more I’m in a unique situation I have a decent passive income so I don’t have to make a ton of money right away. So my business will have time to grow
Great video. So I am totally uninformed in this business however my brother and nephew, both owner operators, are very well informed. I have the assets to help them get started. I have a Dodge Ram 3500 and also a 30 ft flatbed trailer that I inherited from my mother in law. The question I have is I want to focus in on a specific niches (the marketer in me) to distinguish ourselves from everyone. What are some suggestions you may have to make sure we start off with a bang?
I have driven hotshot set ups off and on for the last few years . I recently was offered a company that has had their authority for 15 years with great ratings across the board . It also comes with a truck and trailer with a lot of life left in them . They are asking 120k . Would it make more sense to buy the company or go buy a truck , trailer , and get my own authority ? I really feel like it's a great opportunity , I just want to hear the opinion of someone who is more knowledgeable .
I have driven semis for 8 yrs. Pulled alot of different trailers. Im in Texas looking to run my own hotshot and livestock hauling. Thanks for the advice.
How would you recommend someone who has a CDL for about 3yrs to get experience in hotshot. I do want to start up my own LLC, but i lack the experience in cargo tie down. I want to own my own truck and trailer, but I don't have the funds to buy out right. I would like to run local in Florida to have weekends off. I do know to get out of debt you need to run OTR.
Hello. I’m a disabled veteran and considering getting into hot shotting. I currently have a desk job with the state but sometimes struggle when dealing with people. I’m pretty sure I can cover the note on the truck and trailer but I’m sure there are other expenses to float for a while. How much cash would you recommend having on hand when you’re getting started?
I’m currently working on my CDL CLASS A license. I want to transport automobiles with a 3 car trailer. After thinking more into it, I decided it may be smarter for me to get a 40 foot flatbed instead of a car hauler trailer. With a flatbed I won’t be limited to just hauling cars. I figure I can haul three cars max on a 40 foot flatbed, and I also can haul general freight on my flatbed. Do you think I can be successful coming into a market like this in 2024?
I am going to start hot shot and in February and looking for a good company to lease on with I would be honored to speak with you on the phone about it or lease on with you. I’ve got 22 years of driving experience and about 10 years of flatbed experience. Thanks
That depends on equipment. B with a truck that has a flatbed up to a certain weight but the real money is truck with trailer... For one you can have multiple trailer types for one rig
Right now stay away from any kind of trucking period. There could be huge changes coming in the near future that can have a devastating effect to hot shot trucking! I've been in this industry for 50 years and it's not gettin any better! It was a great way of life at one time but look for some other means of earning a living!
Unless your equipment is paid for, you will not make any money in hotshot. I looked into this, you will be lucky to make $50,000 a year after expenses.
@@jeffreyguzman9230No he actually sounds correct. I’ve watched some of the long term hot shot truckers, some of the most popular, and they say even if you gross 6000 a week you’ll be left with only around 1000-1200 take home. And also a lot of these UA-camrs are not being straight up with you, they will brag about their gross but not what actually goes into their pocket at the end of the day
Right on. I really wanna find my company to work under first, and start with no payments, ie 00-01 f550 ima build up. But i dont wanna buy/build truck till i find someone to work with. How hard is it to find a company to work with a new driver? thanks.
I am getting into this soon. Letting government give me a grant for a tiny home with solar power for free. $100,000. Grant. Getting another $125,000.00 business grant in trucking. Got a place to get trucks dirt cheap at wholesale costs. Looking at a 2024 ford f450 super duty 4x4 dually quad cab at $4,000.00 inside the u.s.at a dealer. Just need trailers 53' flatbed 4 axles goose neck trailer. Looking for a 2024 ford f450 super duty 6x6 pickup. Or a 2024 dodge T Rex 6x6 quad cab. Looking at making my own diesel fuel from plastic or going to gas engines but ran on water by electrolysis. Since water is Free and its everywhere. The old ww2 trucks were able to run on water then if they could not find fuel. Really why give away your pay check on fuel bill daily. 500 gallons of fuel x $4.00 per gallon.= $ 2,000.00 a week you are giving away for no reason. ( $2,000.00×52 weeks=$104,000.00 yearly given to petroleum companies.)
You guys realize the only reason hot shot even exists is because companies can hire a hot shot truck cheaper than they can pay there own employees to run the trip, it should be called cheap shot instead of hot shot
Check out the dispatching course here! flashdispatch.mykajabi.com/offers/eyBtjnNC
Do u help new driver to u dispatch
Rule #1 from experience in hot shot been doing it for 5 years part time . The only rule actually to me PAY OFF YOUR DEBTS IN LIFE . Then pay off your truck and trailer ! Then work hotshot! I got house paid cars paid. I work hotshot 3 times a week when I feel like it !!!!!!!
Thank you for this
Doing it part time yet paying high assurance?
How much was your assurance??
@@platinyzolambemba6136 assurance ? What’s that
Are you saying to pay everything off BEFORE you get in to hotshot trucking?
@@erg2 yup !
May have been said and I missed it, but it needs to be said. Unless you have some form of prior experience your first year is one massive learning curve. You really need a mentor. leasing on with a seasoned company or having close relationships with someone in the business is a must. As Jason stated the first 90 days it's very tough to book freight and to take it further a lot of brokers still say one year. About a month ago I was told no over not being two years in, I laughed at him and said cool have a nice day. Do not start your own authority unless you have the financial ability to cover any household or business debt for the first 6 months as your not going to earn well for the first year and you need to be learning not freaking out how your going to cover all the expenses. It can be a lonely life out here so make sure you're built for that as many aren't.
I honestly wish I done better research on this topic you covered before I jumped in
Well said nailed it
@@michaelburton9120how's it going?
Man I was working in a warehouse 12hrs shift had a old f150 bought a used 24 ft trailer only did hotshots on my days off,I was able to quit my job and upgrade truck to a diesel.
You gotta start somewhere just stay motivated
How is business for you now in hotshot????
@@mikelopez4148 going steady some weeks are very profitable,but it’s more then I was making at a warehouse in my schedule is based on me.
@@mikelopez4148 I’m loving it somedays or more profitable than others,but overall I feel more free not having to punch a clock at a warehouse for 12hours feeling like life is passing you by,it’s all about what you make it.
There’s no limit on the amount of money you can make when you’re a self employed person.
Appreciate it man. Thats all i needed ti hear. Its also about location
@@mikelopez4148 good I write down each month what I need to be making daily to keep me ahead of the game from bills,maintenance,gas,taxes etc it’s pretty much more work but it’s more relaxing because I set my own schedule…lol trust me once you worked at a warehouse that will push you to go as hard as you needed not to go back
one of the biggest things i learned the hard way and if i didnt have a safety net in my father would have ended my business is too much growth too fast and not paying enough attention to profit dollars. given the option between revenue dollars and profit dollars, you pick the third option, less expense dollars, too much growth creates expenses that you just cant pay if something goes wrong
Just bought a new Ram 3500 srw and thinking on getting into this.... been interested in this for a few years now.
same just scared to just jump in
@@LeoXplores jumping in isn't the problem making money in a timely manner
@LeoXplores they say you need life 6 months of cash on hand in order to survive the 1st year in already 80k in the truck
@@thegoodfriendsnetwork oof i better get working haha
Well... heres my deal... and not trying to brag....
Ive been an owner operator of a tree biz for 36 years. Im 53 now... never really have got to travel out of the state as ive been working my arse off. Ive saved around 1.3 million dollars. I have zero debt... and have already purchased an f600 with a sleeper cab and a 40ft 40k gross weight gooseneck. Im in the process of filing all the necessary paperwork ect. I have my cdl A and have tons of big truck driving experience. I doubt I will make any money in the first year but i figured since everything is paid for I have a slight advantage. I just want to learn the game and put some time in. I figured if im stuck somewhere looking for another load... i can do some site seeing ect. I dont have all the answers but i have a plan. My motto since I was 17... whatever you think about most will happen.... failure isnt a option in my brain. Hopefully i can make a few bucks and see the country doing it.
Is it still money in it? And is it money in 30 ft trailer?
You won’t see much but highway and gas stations. to see the country you need to visit national parks. at 10 mpg you’ll lose money going anywhere off the highway. get a map, connect the dots and spend a summer traveling. it is worth the money. i’ve done it three times.
question for you is it better to start with a company doing hotshot then branch out on your own
Nice video, can you have your own MC., and then sign on with a broker,,? So that way your MC will be aging while your leasing..just asking
Just traded my truck for a 3500 ram, and bought a 35ft trailer everything is paid off 100% I use the combo to tow my toys with the intention to eventually start to hotshot within the next 3 years (when my kid graduates high school) I'm going the CDL route before I get started. As a new CDL/Hotshot driver is there many issues getting enough loads to at least cover insurance, and general overhead (fuel/food)? When I pull the trigger my house will be sold, and I'll be in owned property out in Michigan (just property taxes) so my bills will be very low. My plan is to hotshot during the summer, and chill in the winter how feasible is this? I regularly tow my enclosed 24' trailer 3k miles from az-Michigan and absolutely love driving
I was thinking of saving at least 6 months for overhead before even getting started to make sure everything is good, but hopefully I get enough loads as a new driver and "1 man owner operation" to at the very least break even with a small profit.
I’ve had my CDL for approximately three years, my boss said he’s willing to help me start my hot shot trucking business. Is the logistics major from the military, what are your thoughts?
This was an excellent video. Keep up the good work. :)
Man i thinking about getting into this. I have a cdl but nobody is hiring new drivers in Florida, well thats what their telling me.
Buddy if you just got your cdl then you need to do OTR to get experience. Swift, melton, etc any big carrier will take you
Very interested in getting into the industry more and more I’m in a unique situation I have a decent passive income so I don’t have to make a ton of money right away. So my business will have time to grow
Thank you for the info
I have a cdl and flat bedding experience
Great video. So I am totally uninformed in this business however my brother and nephew, both owner operators, are very well informed. I have the assets to help them get started. I have a Dodge Ram 3500 and also a 30 ft flatbed trailer that I inherited from my mother in law. The question I have is I want to focus in on a specific niches (the marketer in me) to distinguish ourselves from everyone. What are some suggestions you may have to make sure we start off with a bang?
I have driven hotshot set ups off and on for the last few years . I recently was offered a company that has had their authority for 15 years with great ratings across the board . It also comes with a truck and trailer with a lot of life left in them . They are asking 120k . Would it make more sense to buy the company or go buy a truck , trailer , and get my own authority ? I really feel like it's a great opportunity , I just want to hear the opinion of someone who is more knowledgeable .
I have driven semis for 8 yrs. Pulled alot of different trailers. Im in Texas looking to run my own hotshot and livestock hauling. Thanks for the advice.
How would you recommend someone who has a CDL for about 3yrs to get experience in hotshot. I do want to start up my own LLC, but i lack the experience in cargo tie down. I want to own my own truck and trailer, but I don't have the funds to buy out right. I would like to run local in Florida to have weekends off. I do know to get out of debt you need to run OTR.
Where did you get your sleeper berth ? I have a dually single cab & need one !
Is your pickup has sleeper like semi truck and how you did it
You can buy them. Hooks up to the rear window so you can crawl in and out.
Hello. I’m a disabled veteran and considering getting into hot shotting. I currently have a desk job with the state but sometimes struggle when dealing with people.
I’m pretty sure I can cover the note on the truck and trailer but I’m sure there are other expenses to float for a while.
How much cash would you recommend having on hand when you’re getting started?
I’m currently working on my CDL CLASS A license. I want to transport automobiles with a 3 car trailer. After thinking more into it, I decided it may be smarter for me to get a 40 foot flatbed instead of a car hauler trailer. With a flatbed I won’t be limited to just hauling cars. I figure I can haul three cars max on a 40 foot flatbed, and I also can haul general freight on my flatbed. Do you think I can be successful coming into a market like this in 2024?
Be careful some auto shippers wont allow flatbeds
Good stuff JLove! thanks Bud
If any body can help me find a solid Co. to lease out of in Texas I would appreciate it
Did u find
How much for sleeper and location for buy one brother. Need for my setup. God bless you
Is there a way to talk to you over the phone? I have some questions that won’t take long! Thanks
I am going to start hot shot and in February and looking for a good company to lease on with I would be honored to speak with you on the phone about it or lease on with you. I’ve got 22 years of driving experience and about 10 years of flatbed experience. Thanks
Where to find good company to lease
Thank u bro
Anybody know what’s a good company to lease out of in MA ?
I have a tundra 2024 I need a company who hires me to pull hot shots trailer
can I use my CDL B for cdl hot shot or do you need class "A" ?
You will need a class A my dude
May be non cdl hot shot but not cdl hotshot.,
That depends on equipment. B with a truck that has a flatbed up to a certain weight but the real money is truck with trailer... For one you can have multiple trailer types for one rig
can you open the translation, please
Right now stay away from any kind of trucking period. There could be huge changes coming in the near future that can have a devastating effect to hot shot trucking! I've been in this industry for 50 years and it's not gettin any better! It was a great way of life at one time but look for some other means of earning a living!
Can someone name a company please
What company install your sleeper, please text my friend?!
Id like to try it out by leasing onto someone. Im in Canada though. Have a cdl but i wanna try non cdl
Come to Florida I have the equipment in going to start soon
Unless your equipment is paid for, you will not make any money in hotshot. I looked into this, you will be lucky to make $50,000 a year after expenses.
I dont know who you get your facts from but the more you drive the more you make
@@jeffreyguzman9230No he actually sounds correct. I’ve watched some of the long term hot shot truckers, some of the most popular, and they say even if you gross 6000 a week you’ll be left with only around 1000-1200 take home.
And also a lot of these UA-camrs are not being straight up with you, they will brag about their gross but not what actually goes into their pocket at the end of the day
Yeah but then your stuff is fully paid off
Right on. I really wanna find my company to work under first, and start with no payments, ie 00-01 f550 ima build up. But i dont wanna buy/build truck till i find someone to work with. How hard is it to find a company to work with a new driver? thanks.
[DODGE RAM CUMMINS]👍
I am getting into this soon.
Letting government give me a grant for a tiny home with solar power for free.
$100,000. Grant.
Getting another $125,000.00 business grant in trucking.
Got a place to get trucks dirt cheap at wholesale costs.
Looking at a 2024 ford f450 super duty 4x4 dually quad cab at $4,000.00 inside the u.s.at a dealer.
Just need trailers 53' flatbed 4 axles goose neck trailer.
Looking for a 2024 ford f450 super duty 6x6 pickup.
Or a 2024 dodge T Rex 6x6 quad cab.
Looking at making my own diesel fuel from plastic or going to gas engines but ran on water by electrolysis.
Since water is Free and its everywhere.
The old ww2 trucks were able to run on water then if they could not find fuel.
Really why give away your pay check on fuel bill daily.
500 gallons of fuel x $4.00 per gallon.= $ 2,000.00 a week you are giving away for no reason.
( $2,000.00×52 weeks=$104,000.00 yearly given to petroleum companies.)
Let me know how that all works out for you!
Did u get your solar house
Is this a disabled veterans thing?
You guys realize the only reason hot shot even exists is because companies can hire a hot shot truck cheaper than they can pay there own employees to run the trip, it should be called cheap shot instead of hot shot
bro change your name LOL
@@EkzdeeLFT lol
Not in this market. You will run yourself out of business very quick
Hi Buddy, How I can contact you!
How to get in contact with you all on being a dispatcher of your course please get in contact with me
Here is the link for you my dude! flashdispatch.mykajabi.com/offers/eyBtjnNC
@GalaxyShotShot yep, complete bullshit