The Best Way To Start A Trucking Company, Is To Never Buy A Truck! 150 Truck Dispatch Comp. Exposed
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- Опубліковано 17 лют 2020
- #trucknhustle #trucking #dispatch #metromax
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Truck N Hustle x Metromax Dispatch LLC. In this episode, we talk to Trucking entrepreneur Demarco Thomas who has built a successful Freight Dispatch company that currently manages 150 trucks including his own 20 truck fleet that he built in the last 4 years. Demarco talks about building the company and the resources he used. He also talks about how he uses outsourcing in India to cut costs and pass along the savings to his clients.
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Special thanks to our Guest Demarco Thomas
/ metromaxdispatch metromaxdispatch.com metromaxsolutions.com
Shouts to The Gathering Spot Atlanta for being a gracious host.
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I love the see brothers making moves. I love trucking being a owner op changed my life. $8000 investment 2006 freightliner century class returned $131,000$ the first year. That's home every day weekends off pulling containers.
this is what im trying to do
Please tell me how!!?? Lol
ray you inspire me brother
Can I ask you a question. I'm considering this business but are they talking about large semi 18 wheeler trucks or small cargo vehicles like the Amazon trucks? Any assistance is greatly appreciated.
THANK YOU SO MUCH FOR SHARING. I'LL SOON BE QUITTING MY JOB
I bought 2 truck cash within 6 months and I love it working on my 3rd I have my authority and all, I see all profit and on my on schedule, but he stating alot of facts but starting up in the trucking business you shouldn't want all those bills at the beginning. Get started with a good cash truck then after you can start leasing.
Agreed buying new is a big commitment and cost is very high you can get a used truck that does the same thing for much cheaper
@@Gislaina yeah but buying used you can end paying alot in repairs. I bought new and didn't have to worry about any truck issues for 4 years. Paid off in 2 and half years and stacked the last year and half for 2nd truck. But buying used can definitely workout. Our 3rd truck is used but now i had the capital to fix without stretching us thin. I was just showing the other side.
@pickyour faceup how much was your new truck? What did the payments look like?
@Haze boii what you spend on your used truck?
Motivation!
Comming from being in a trucking company my whole life this video gave lessons that took me years to learn
Rahmel......Demarco Thomas is so humble and smooth....this information on all these clips got me setting the freaking table. I have never in my life felt like i made the best decision like quitting my job and going into trucking...I'm on the late side in my life but this is a new beginning for me!!!
💪🏾🙏🏽💯
Im thinking about doing the same. How has it worked out for you and what part of the business did you venture into?
@@trucknhustle I know someone who is changing the trucking game she has a Facebook group name CDL4LIFE and has help over 200 people get trucks and start their own fleets and be successful. It'll be good to interview her
Wow Strong blessing your way
It's Never to late!! 🙏
The guest is an astute businessman. His knowledge and experience far exceed many truckers. Great job!
I am up at 1:44am doing research on how to start a trucking company and this interview was amazing! I am truly grateful for the information that was given. This is the motivation that is needed for people like me that are starting their own trucking company. This was truly a blessing, thank you!
Yes hungry minds dont sleep good look same here wish you the best in your endeavors 😎
@cherese Hello I run a Permit/compliance company. Let me know if you'd like to hire us to set up your permits 😉 StartTruckingPronto@Gmail.com
Hi, my husband and I have owned a trucking company for over 10 years now and own 10 trucks. He drove in the military and has over 30 years of trucking knowledge. If you have questions that we can try to answer, call me 334-782-9166. Just like to help us(our people) in anyway that we can. Be blessed!
@Cherese Pelmore
Hi, my husband and I have owned a trucking company for over 10 years now and own 10 trucks. He drove in the military and has over 30 years of trucking knowledge. If you have questions that we can try to answer, call me 334-782-9166. Just like to help us(our people) in anyway that we can. Be blessed!
@@quanisheastephens4341 for sure i will contact im currently setting my llc thru corporate direct its a lil more pricey than your average LLC but they are the best option i will next be getting my mc # / Authority
I wont be driving so i have a buddy getting me around that lil hurdle because a lot of individuals think you need yo have an cdl to own a trucking fleet
Great information thanks for sharing the business side and much respect to you both!!! I'm a Truck Driver as well for 10yrs now and wasn't looking forward into ownership but now I am.
Love the things your guest spoke about, how important the Driver's are.
A lot of companies I've heard about over my years presented themselves this way, but turned out to be nothing like they claimed to be.
Gotta love the vision an concepts over all his collaborative perspectives he has and approach to doing business!!!!✊
Sounds like a place that has nothing but successful happy, stand up, as well as hard working driver's
Congrats man Congrats 🔥🔥🔥🔥🔥💪
This guy is really smart and well spoken, congrats on growing your business, it sounds like hell to grow a trucking fleet
This was probably the best video on starting the business. Never be afraid of sharing details like this. Always network to grow you and your tribe!!!
This is one of the best videos about starting a company that I have been able to find. Great job to both of you, and thank you for taking the time to do this.
Please turn on closed captions on and let us as deaf people to learn how to become a truck drivers thank you
You should have that option ob the top right of the screen
Them eyes still work 😂😂😂
@musoro 1301 💀
@@everythangsportschannel it was funny. and it's also not a dick, don't take it so hard man.
@@everythangsportschannel it got your attention didn't it. what does that say about you??
I just started a trucking company and baby when I say I was so afraid. It is such unfamiliar territory for me. I did a lot of research and I know a lot of drivers and dispatchers. I seen it was a male dominated industry and it intimidated me a bit. I realized that being a woman in this industry has its perks too. I stand out more and you know how men can be 🙄🤣 They all want to see how I’m doing things because I am a woman. Building professional relationships is key to any type of business! Thank you for this because I learned so much by watching. Thank you!
Same! Been AA woman owned trucking company since 2002.
Do you have social media? I’m interested in the business and would love to follow your journey!
Hi, I'm from India and would like to have few discussion and understand few things from you. Hope I'd learn few things from you. How could I contact you. Thanks.
@@shesaysit8375 I don’t like to post what I’m doing on social media. I try to keep it light on social media but maybe we can try another way.
@@tasha1206100 Hi Tash,
Do you have an email I can contact you on? I’m a young AA woman and very interested in starting a trucking company. It’s very unfamiliar territory, or would you know a good source of information I can read for beginners in the business?
I’m glad I found this channel! What a gold mine! Thanks!
I just got my own authority an leasing a 2020 579 wish me luck
@TylerJames. My father owned a trucking company for 45 years and one of his biggest sayings was that you cant borrow your way to wealth. I wish you all the luck but be careful with the debt of a lease. Cash is King! Safe travels and God bless!
Good luck man, you got this
Save progressive until your ready to grow, because it seems like they are the only ones that allow you to sign on trucks. Everyone else restricts it.
Save.... EVERYTHING!! Your gonna need it...
I say trust God..put God 1st and success is yours
this was a great talk by the host and guest speaker. a lot of his advice can be applied to life experiences and business practices outside of trucking . And yes Demarco is a humble spirit that was so human. but listening to his life experiences prepped him for the variable trucking related innovations and developments that he spoke on. thank you for sharing.
Man. Dynamic interview. 5 star from beginning to end. Thank you guys.
Great stuff. I pray that this brother continue to be blessed as well being a blessing in all of his works . wow amazing stuff
All this great, helpful, useful information to help others get ahead but so many people focus on what they consider to be negative. Says a lot about their mindset. Great video.
Thanks for the great info and inspiring ideas. I plan on attending my local truck driving school and my bf already has his CDL. So we plan on being a owner-operator team. In the mean time I'm working on our business plan. Now I've got an idea for a timeline to set up our own trucking fleet. Thank you for this video.
Amazing interview, love to learn from two successful brothers .. much respect !
This is one of the best trucking interview ever...💯💯
Great dialogue and wealth of knowledge based on experience. Thank you guys!
Any trucking company that survived the trucking industry bloodbath of 2019 is worth listening to! Straight. Gems.
2019 blood bath?
What was the downside of 2019
@@robertsabraham7612 gas
Great interview man👏🏾👏🏾thank you for this
Thank you🙏🏽💎
We use that same service in real estate wholesaling with outside companies in India or the Philippines. They're called virtual assistants.
Facts!!
Thryve is the same easy start up company assistance
Really loved this interview, lots of great information. I’m working on getting my authority. I’m also going to revolutionize the Truck stop industry. None of these truck stops are designed by truck drivers, that’s going to change. Can you set this up for podcast? I’m a truck driver and I got all the time in the world to listen.
As a driver getting ready to start a company and fleet, this was great information.
Great interview!!! Plenty of gems. Shoutout to that brother and yourself 💯
I have the utmost admiration for you guys. The wealth of knowledge that you covered on this topic was amazing. This is awesome! Thank you both for giving me the inspiration to make, what I now consider to be, an informed decision on what to do with my life.
Trucking is a great way to make a living, but you have to enjoy driving, that's the number one. If your interested in becoming a truck driver there's plenty of schools out there; some schools will even put you on a bus to go to their school and put you in a hotel. You will never be without a job becoming a trucker as long as you take care of your license. I'm a local driver in southern California I work 5- 12hr days weekend's off and my annual gross in 80k per year with full benefits. There's money in this industry.
This is the best video i have seen so far on how to start and scale a trucking business yes you have to manage people and processes if you can manage people the right way you will be headed for disaster this video has the best advice i have heard thanks for posting this video
Thanks for the interview. Very useful for the Dispatching Services I provide. A lot to learn from this guys.
Subscribed. I have 13 years of experience in the Oil and gas industry. This interview made me consider al of the training and certifications I’ve acquired over the years. If I can set up Supply Chain departments for others, why can’t I do it for myself?
Same here brother, Eagle Ford basin in Victoria, TX been running the inbound/outbound logistics for 10years
Great, deeply informative interview! As a company driver planning to acquire my first couple trucks and seat my own drivers, this was a gold mine! This guy touched on so many aspects of the business that I need to know! Thanks for sharing this knowledge.
The best information he gave was we partner with!!!!! We are a team . Congratulations metro max
Man, I could listen to this gentleman all day. I feel blessed to have watched this video today😎
A word of advice I give to people who consult with me for logistics primarily speaking for the asset side as a trucking company owner or people who go down that route. The best way to go grow in terms of proper scalability is following this rule of thumb:
1. If you think you can afford 3 trucks , buy 1.
2. if you this you can afford 6 trucks, buy 2.
3. If you think you can afford 9 trucks, buy 3.
If you scale in this manner you will thank me later as to how you kept cash flow healthy.
That's my advice I give all people who come to me for their authority advice and consulting.
Great advice in many segments in this videos.
Thank you for being an ambassador of our industry with these posts where people explain their journey.
Also, dispatching is a great business and can be lucrative for sure. keeping in mind that all new driver's you retain, make sure to treat them as if they were your next of kin; they will take care of your with their service.
Happy trucking everyone !!!
❤
That guy is the truth!!!
Great channel!
Great video I’m a trucker and I’m creating some strategic goals
This video was really awesome. DeMarco is great and I hope everything continues going well for him.
Man I feel like just getting my CDL was a mountain to get over. But I have it, and I’m hungry. I’m going to get this year in for some low insurance rates and boy! Sky is the limit 💪🏾. Thanks for the info guys
Good luck brother
How is it going 🥰
@@nicolesmith7345 Great so far, a couple of months after I posted this I went local for a few months. Now I’m doing oilfield work hauling frac-sand making 2500-3000 a week. My next move is buying a reliable truck. Hopefully a long nose Pete. I can’t complain, thanks for asking. 🤘
@@sedric405 if you don’t mind what city u work in ?
I'm in trucking and will be using him and his company to set my trucking on. I've been looking for him for quite sometime. My time commitment is limited.
This is one of the best trucking video interviews I've ever consumed. Really good! 👍
I’m learning so much mane it’s unbelievable.. I’m definitely going to start turning my dreams into reality
Awesome Interview, and I gotta reach put to this brother!!
Impactful interview! Very informative. It enables us to have a realistic expectation entering into the industry. We'll be in-touch soon.
That guy is definitely the business man to learn from & some way down the line most dispatchers and fleet managers have this type of business & good energy to help others cause this guy right here got a great sense of humor on teaching and helping others! 👏🏻👏🏻👏🏻
What an AWESOME video...seeing these two AWESOME KINGS 👑 thanks for the knowledge!
I am so interested in being a Dispatcher and never knew how. Thank you for this
Education is key. Thank you guys for this.
Hey so I just started my own authority and my fiance has had his company for 12 years at one point running 13 trucks but some unfortunate circumstances happened and he knows my vision so we started our new company.. I have a revolutionary idea that could change this industry but I need the tools and guidance to execute and implement this.. watching this video is inspiring and I have to get in contact with these guys asap!!!!
I am in no way into trucking appreciate the brother for dropping the knowledge for sisters and brothers who are looking to have their own
Starting a Trucking Business isn't hard. If I can do it anyone can... The hard part is keeping it!!!
I need advice
@@ja8876 about what??
@@mldowjr08 getting into this business
Can I get some advice then because I keep getting dead end road's.
@@netiamalone6309 what kind of advice do u need... Tune in to my channel...All things Trucking... Re vamping my channel.... Great VLOG's are in the works
Wow this is thinking on a different level. Thankful that your partner reached back to his own culture to provide a service. Your team banded together for group benefits to save additional costs. My brother you have a Master plan, well executed. I have three trucks and hit so many of the issues you talk about. Time to partner up and get the right relationships.
How much do you make off of 3 trucks a month I ask cuz I want to get into the trucking industry
Great interview with an abundance of knowledge. Thanks. ✊🏾✌🏾
WoW so many GEMS in this interview. I'm on my 3rd playback so far. lol THANK YOU GENTLEMEN!
What kind of truck do you have
That yougin is from my hood aka Mego .... When he was young he always had a head on his shoulders this is not a surprise “Newtown” raised 💪🏾💪🏾💪🏾
Ownership is important. You can't lease wealth!
@B Smoove I disagree. If you don't OWN it, then you don't really CONTROL it. The truly wealthy own it all and then they lease it out to you and me! The wealthy OWN the pie while we purchase little bits of their pie and sell little pieces and call ourselves rich. You can lease your way to some riches but you can't lease your way to true wealth.
B Smoove here's your roses while you still here. "They own nothing but control everything". Best quote ever
@B Smoove dint slip on ownership. They own it, and that's how they control it.
@@rickycharles9418 lease your cars, lease your house, lease your business, lease it all.....such foolish advice. Only a broke person who has no concept of power and wealth, believes u should lease your way to wealth. Go ahead and lease furniture and lease and rent all your equipment....lol. ok.
@NGU Caesar yw. Leasing is a fine way to start, get in any game, learn the ropes, build money, test the waters with less risks, etc...but if u want to be a long term player in real estate, stocks, trucking, land, manufacturing, etc..... then OWNERSHIP is key. You cant pass down a "lease" to your grandchildrens grandchildren!
Leasing is for short term in YOUR lifetime, while Ownership is for the long "generational" haul. Our problem is that most of us cant begin to fathom the notion of OWNING. Good dialogue. Thanks for the discussion around this topic.
Great interview and information, lots of gems. Thanks for this ❤️
Demarco is incredible in his thought process and understanding if his business.
Very informative video. I'm learning about the business because I want to own my own fleet. Thanks keep the videos coming b/c I'm learning a lot.
Great interview, there were so many golden nuggets offered that I felt bad in not paying a consultation fee. Preparing the launch my logistics company. I will be in touch.
Thanks for the inspiration and revelation to the transportation industry.
Some real entrepreneurial motivation 💪🏾💪🏾 thank you so much
This show is necessary , shout out to you my bro .💪
The technical name for this guy's business model. Is called " ASSET LIGHT " . He's not heavy in Asset Holdings fleet of 20 trucks. Once you hit 9-10 Trucks your considered a fleet by the insurance companies. The 150 Trucks under his dispatch management. Basically gives him a fleet of a 170 trucks but without all of the Expenses. It's a good model any one could duplicated in many ways.....
He telling some lies as well. I have been on trucking for 5 years and I would never tell someone to lease. You will find yourself paying 2 and half times what the truck is worth
@@takodashabbael8794 is it because of how the truck depreciates
Exactly, at 31:49 min.
There’s a lot of drivers, BUT Honest, Trustworthy, hardworking drivers? Not too many.
If you take care of them, they won’t quit on you...
Facts
Yes!
Exactly...if you take care of ones business then the money will abundantly come as a whole
Absolutely
Thats how you can see bad management.
Thank you. This was a great interview.
Great video, very helpful for me researching. Nice work.
Wow! Great interview! So much jewels! Thank you! Much continued success to these Brothers!
Great video..two very SMART BROTHERS!
I just subscribed to a brilliant money channel, 💪🏾💪🏾💪🏾 I'm soaking up knowledge
Unbelievable how awesome that man is. Good video great content, thank you!
Serious content! Thanks for that.
Brilliant men, this is a great demonstration of how management should think. Growing a business usually means crapping on the employees
This was good..... every lease driver and o/o need to hear this....👍🏾👍🏾👍🏾
Currently work for a big produce company called Delmonte. Made very good connections here, going to be subleasing trucks to them + drivers. thanks
I like hiim...he believes in rewarding the DRIVER.... the one doing the WORK
By outsourcing his dispatch and laying on top of driver. He’s no better than a pajama broker. He’s getting his nails done while you sacrificed your kids first step
@@vnkable wat is s pajama broker ??
vnkable someone gotta be the boss and someone gotta be the worker that’s life and you made the choice in which role you wanted to play
@@vnkable As Bernie Mac said welcome to the stripping game. As a driver you gotta eat so that means being on the road for extended periods of time.
This just makes me more focused on making a serious plan for ownership in trucking and "catching the wave just the right way". I'm in atlanta and I gotta reach out out to this brother and his company. Black wealth is OUR goal! 🏆🏆🏆
Ok, just for the black people then. Why is it okay for black to help black and noone else, but any other colors do that, they're racist? Y'all full of it. I don't need anything but my own two nuts, go on ahead and help your own, it's that kind of thinking that pushes others away from you, others that would've could've been allies and even friends. All good, I see you.
@@dannyjimenez6559 what the hell are you talking about? What did I say racist? I'm black so me aspiring for my own race to be wealthy is somehow wrong? Miss me with that fake offensive talk! It's VERY ok for me to say what I said because PRIMARILY Africans (black) were brought to this land on the bottom of boats and used as slaves for over 400 years and denied EVERYTHING we single-handedly created with our own NUTS! Statistics show that out of all races, blacks are the least to support their own......so yes we need to do WAY better with that! Being racist is purposely, and maliciously not being fair to another human being because of their color, decent. Also, from the looks of your name your race has their own share of racism in this country too so I would do some research if I were you before trying to call me racist! Spanish were also discriminated against but nothing compares to black people so fuck off! I didn't say a word about not being fair to other people or races! I'm all for my people getting a DESERVING fair share of the wealth this country accumulated because of our hard working NUTS! Don't try turning my words around dude! Matter of fact, if you have such a problem with black people wanted to support each other then you should look into changing the content you looking at on social media fool!!!
Loved this man! Appreciate it
Bro on a whole nother level, business wise. No 🧢
Thanks for dropping so many jewels on us King!
Wow, excellent interview; vast possibilities for expansion in logistics. I checked out the website, looks fantastic! Extremely motivational.
The best informative video on starting a trucking company I ve ever watched. Thank you men. This is dope.
Excellent interview.I learned a lot.so interesting
No matter what Trucking can't stop. Everything in your household, down to the lint on your floor came from a truck.
What if the dollar plummets, taking the U.S out as a major importer of goods? Then what? Consumerism won't last forever bro. Time to plan an exit strategy as well.
@@chrism3933 Nothing does last forever and there is much "What if (s) withal my view don't see this happening. Fact is trucking just can't stop mang. Only see innovative moving forward. To say trucking to stop is an economically round the twist assumption. Only in a Zombie apocalypse! 🤔
@@chrism3933 As far as consumerism goes in the protection of the rights and interests of our general pool of buyers, and an obsession with buying material goods or items. Soley depends on our collective VOTING power. In keeping our democracy regulation the Laws and rules that protect us Americans who shop and spend keep our economy strong.
It’s gonna be robots bringing your stuff not humans anymore
@@joshuamendes1565 do I have news for you. Automation will eventually take trucking jobs. Not for a little while though
U can hear the brothers heart and clearly see why The Most High has blessed him in business
Great great talk, real power moves and great interview skills. Great energy too, much love to you guys and all the go getters and entrepreneur oriented thinkers 🙏.
Amazing content here ! Keep spreading useful knowledge.
This older guy has good knowledge
3 percent is a keeper. I would sign my truck on to his company
But he could be lying to you though?
This was amazing. Him speaking was so soothing and calming.
People worried about him outsourcing? Every major company from transportation to clothing outsources overseas it provides a larger profit margin. I’m a driver myself and I’m getting ready to lease my own truck in the next 6 months and aim to do exactly what he is doing. This man is a local success story yet people find anyway to downplay his success. If I could have this man as a mentor I would cherish the things he could teach me. This video is enough in itself to help anyone trying to get into the business. Thank you for this video
How’s it going with getting that truck bro? Hope all is well
U have a driver already
The outsourcing got me going
Listening to this video gets me so hyped up and excited it’s giving me hope that I may be able to get back into the trucking industry I like how this guy says he found a mentor, sometimes a lot of other competitors want to play everything so close to the vest and don’t want to share information but I am now keeping up hope!
Great interview Thumbs up for sharing
This is very good information! I'm new to the business.
I've owned my own trucking company since 2002.
I need advice
Yea i need advice too
No answer 😂 he is to busy just want us to know and admire the fact🤦🏽♂️
@@javieleetoo2213 lol
🙌🏽🙌🏽🙌🏽🙌🏽🙌🏽 Well done ❤️
May be one of the best Trucking videos iv'e seen on UA-cam.
What a smart man tremendous aptitude for business. Best part out sourcing!
This guy is so inspiring this video is Gods work