I lost $43,000 In The Trucking Business Today!!
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- Опубліковано 10 бер 2024
- Welcome to the channel!
My name is Tim Gentry, I love Truck driving and working on rigs with my son Braxton at my side! His dream has always been to fix and work on cool projects!
Feel Free to contact us if would like to help in our Father and Son Projects!
Email us at Bullhauler1366@gmail.com
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gns_truckin... - Фільми й анімація
In times like this stop buying non essential toys. In tough times you don’t need to go racing.
he keeps that stuff seprate from the trucking side
@@davidsesona4156that's stupid if you're not making money you don't go blow money on racing doesn't matter if you own your business or working for someone
Naa.. go racing.
You guys do realize that business finances and personal finances are two completely different things. If you would have something to say like “stop buying truck” I would understand. But tbh he probably just had a lot of maintenance issues etc.
I guess it's a case of "all work and no play" , you have to have some leisure time and activities to decompress and destress, looking on the dark side of things though it could be argued that such as a race car, motorbikes and such are assets that could be floated to recoup revenue in case of desperate times.
Let's pray that doesn't need to happen. 🙏🏴♥️🇺🇸
One video your talking about getting more trucks. Couple videos later your broke. Hmm. Make up your mind
Buying toy is nice, but it doesn’t pay the bills
To much money on chicken lights and chrome,
Sell the race car. That along with other toys need to go!
Save money. No 8" chrome daul stacks, no extra running lights, no chrome fenders, no wide chrome bumpers,no fancy paint skemes. Petes & KW's don't earn any more than Macks or Internashnals. Plain Jane brings home the bacon.
That's show truck paid for by someone else, do pay any attention
Plain Jane also only attracts the drivers you really REALLY don’t need around when money is lean. Oh and you gotta pay those shitheads more too.
And I don’t know if your really paying attention but the majority of his working trucks are not only pretty plain Jane but they are also older pre eld trucks. Only his top hands have nice trucks.
I mean there’s literally a plain white international, Mack and Columbia in the video you commented on hooked to trailers 😂
O
Thats the way it is in most businesses !! Good months and bad months,good years and bad years ! Thats life of a business owner !
Trucking and Farming it's what keeps America rolling. Joe Biden has destroyed the economy.👍🇺🇸🙏🇺🇸
God bless 🙌 you will make it
As an independent owner operator, I had lost a head gasket on my old Freightliner, it's kinda new to me, but I told myself it's all good, then I gave in and pulled the head off, to find out someone had did a complete inframe and didn't put liners in it, so I pulled them to find out I had to cut the counter bores, the pistons were brand new, bearings are new, so I'm going to fix what they did wrong and put it back together, should last a long time,
Big chance to tell us about the fire insurance debacle, and all the free stuff you received and the cash from the go fund me page .
Nope, not a chance.
Fast car's have no place in the business work place.
Expenses for worn out trucks doesn't help either.
And just say NO TO CHEAP FREIGHT.
All the freight is cheap right now
Inflation is High, Cost of living is high, Profits are low, and Everyone is struggling to make ends meet! Just keep your head above water and keep on trucking, you can make it through the hard times! God Bless us all!
Trump 24
At one point week ago were going to grow the company now downsizing. Lol its always back and forth . How about just stay steady dont out grow just to turn around to downsize.
I’m downsizing in one aspect and growing in another boats aren’t selling why fight a losing battle and fail? We tried and it isn’t working so we change and make it work
Tim not gonna lie man - I have an entire new opinion about you hearing your struggles- when you hide it - people think your better than- I misjudged you brother
I appreciate you keeping it real tim. I make a truck and trailer payment and it's tough, but by the grace of God, I've been able to stay in the black. Prayers to you and your family.
Next week's video. We bought another race car and we're getting a new bumper and turbo on everything
Next week? In 2 days
...
I thought a “going to the next level” video came after the downsizing, we’re broke video.
Your channel is keeping you floating
Lol no it doesn't you ain't making much for UA-cam either.😂😂
@@jerrywilcox9890 what do you call floating.
@@jerrywilcox9890by “channel” I believe he is speaking about ALL profits due to “UA-cam” including MERCH sales… and sir I promise you, he’s making some pretty good money there, not to mention sponsored videos, and all the free items he gets to go directly into his business, like for instance what was the dollar value on donations from the fire, tecton alone had to be 15k or 20k. Welders, battery jump packs, nut and bolt racks, sh tube, the help he just got from Fitzgerald., all of that AND MUCH MORE, are all under the umbrella of “UA-cam” ,
Actually it is!!!!
@jerrywilcox9890 you have no clue... a lot of the trucking UA-camrs are surviving off the UA-cam money. They need to focus on trucking not making videos...
Westen's Pete is really looking good so far. I can't wait to see it finished.
Be careful if you are around them and say the finish word they won't know what you talking about
I have a truck payment and pay people to do my major repairs and I’m doing perfectly fine.
My personal overhead isn’t high so I can afford to live comfortably by paying myself a lot less than the average owner operator. I don’t have fancy boats, rv, sxs, fancy house, propertys etc. could I get that stuff sure but I’d rather take care of my business because what I’m building is also for my kids not just for me.
I don’t own a big shop, I don’t have these fancy tools and softwares needed for these newer trucks and I’d rather be on the road working then taking far more days off then i should be taking just to do the repair myself. I know I can do it there’s no doubt but financially it’s not beneficial to me and those tax write offs are very important. Some peoples ego of always having to do stuff their self are actually hurting them.
I run dedicated loads and my truck pulls 300k a year. Load boards aren’t the answer. Find a strong medium size company and lease on. The benefits of fuel discounts, tire discounts, insurance discounts etc add up.
From what I noticed.. far too many owner ops are out here trying to get rich quick and that’s not gonna work nowadays.
My truck comes first period. If I net 6k-7k at the end of the week and that’s after fuel and everything 5k-6k of that immediately goes to the business. I always want to make sure I have the cash to make the repairs when they pop up.
I don’t make money through out the year. I make money at the end of the year when Uncle Sam takes his cut.
Mr Tim we know you're a good worker you wouldn't have this business if you wasn't and you raise good kids you did a good job raising you thank you for the video my brother good job
We heavy and oversize own all equipment outright for 25 years and run 4 units with 3 drivers. Been giving drivers 3 weeks on and 1 week off. We only take money making loads and still have been breaking even.
That's so painful to hear... want to go o/o oversize 😢
I hate the Gray frame I can't believe you let the guy talk to you in the painting it that color, you should have either of changed the shade of blue to match with the rest of the truck or painted it black!!!!!
Agree, it looks unfinished, should've just painted it black
Where’s my buddy Brax ? It’s cool watching him work on everything in the shop like a grown man ! He’s got a good Teacher
He quit.
@@re9947No ! Not Braxie
He quit for lack of personal safety devices being unavailable. Hard soled shoes,safety glasses Etc.
You got to keep the wheels rolling,you can't try to make your trucks show trucks,when you get a truck,inspect it and put it to work, don't start turning them up,i drove over 30 years,In a Pete with a 450 horse Cat,thats all you need:-)
learn to keep your mouth shut about your life and the details of your everyday life you will come soon to regret it trust me what others don't know about you they cant hurt you with don't be foolish not everything is meant to be put out on the internet .you have a family to protect man start taking this seriously some things you need to keep to yourself
Anyone who can get a 10 yr old off the phone and work and save money. You have my respect. Good job!!!
Not many people would be as open as you are Tim. It shows what a decent and honest man you are. My only advice would be to cut back on the extras as hard as it is. The drag racing is a luxury.
Westen's Peterbilt is coming along very nicely. Can tell you and your crew certainly put a lot of hard work and many hours into building it. Excited to see what it looks like when its all finished. Its gonna be one sharp looking rig. Its true, there are a lot of guys struggling to make it in the trucking business right now. The economy is slowly coming back, but not nearly as fast as we would like it to be unfortunately. Selling off equipment just to survive is becoming a normal thing for a lot of these trucking companies. Its all part of being a business owner which does really suck at times. God willing, we will eventually make it through these rough spots so truckers can become prosperous once again. Thanks for sharing.
Cheers from Dayton, Ohio.
Respect your Dad always, thank you
Thanks Tim, I'm not a trucker but your thoughts and wisdom still applies. Trying to get in the black and your words struck me. Thank you!! Let the haters hate! God Bless and best of luck!
If I were you I would focus on mechanical work and capitalizing on the shop and bring it to it's full potential. You should focus on obtaining fleet accounts. Doing mechanical work for owner operators is problematic and requires more work when it comes to billing and warranty work. Contracts with fleet customers have multiple benefits, fleet customers usually pay monthly so it simplifies billing for everyone. Regular scheduled maintenance work will give you a guaranteed month revenue. You can have set prices for the regular scheduled maintenance which contributes to easier billing. Repair and maintenance contracts from just a few smaller fleets would keep your shop full. What is needed is a clean and organized shop with standardized procedures and you need a good shop management software. Good management software will cover all aspects of running a shop and it will handle estimations including parts cost. The software should track all customers and automatically send invoices on set intervals. There is no reason why that shop can not generate 100k monthly. Running the shop as a separate business from the trucking company can be beneficial, you would want to bill the trucking company for the same rates as fleets. No matter what repairs are always needed. Investigation in the equipment required for dpf cleaning would also be a good idea since it's another revenue stream along with wheel alignments. A shop compliments the towing business and you can offer discounts on towing if they give you the repair work as well. You are currently running the shop like a side business when it should be ran as a stand alone business. The towing and repair side could be integrated into one business. That type of structuring can be beneficial to reducing tax liabilities.
Lookin good guys!! Could be one big party when it's done!! Hopefully your not to tired out to enjoy the final finished project!
Champaign taste, beer money. Stop buying worthless toys.
I like the positive attitude you have!
Tim this was a awesome video to watch can't wait to see the finished build on the truck and staying more focused on the trucking industry and business end that's what I want to see more of
Hey Tim how are you doing today my friend Im so happy that everyone is hlpeiing you on fishing western truck and it takes a them to put a truck together and I love watching our UA-cam videos they are very educational videos and I'm very proud of all of you so keep up the good work and it's not easy the way the atonement is today it's very hard for you to pay your in poues that work for and I understand that form your personality and financial it's not easy at all
I have been following the journey with Weston's truck I think that it will look awesome when it is finished, good job, I enjoyed the video.
Awesome to see the plan coming together! Looking forward to the next updates! 🍻🍻
Don't worry Tim you will make it back brother winter is on its way out and summer is only right around the corner so im sure that in when winter is gone completely and spring hits you will start seeing things turn around! That is usually how it works for me for the most part normally because spring time is normally when i start spring time cleaning in the shop and the trucks and get all the winter stuff all tucked away and out of the way for the summer coming up and we get all the paperwork sent out on impound cars that have been setting around for along time taking up space and just get the lot cleaned up and i have the guys clean their trucks up and rearange their stuff and it normally makes everyone feel better and it gives us all a good feeling and boost into the summer coming months. We also end up doing the same at the end of the summer going into fall but vise versa.
Tim Sooooo many small companies when in a little trouble want to sell of equipment and down size NO!!!! If you're equipment is paid for that is the last thing you want to do WHY because when you get busy again which you will you are short of equipment and can't do that job. Don't sell Lease out your equipment then you have money coming in instead of it sitting in the yard waiting for work. NEVER EVER SELL YOUR EQUIPMENT!!!! Find ways to put it to work and make you money Leasing can help you with short term problems it works well.
EVERY video tim always says you’re going to see big changes. Maybe not every video but it’s close to every video. One video it’s we are growing and making big changes. And then it’s oh things are slim and we are in trouble in survivor mode but major changes are still coming. Which is it.
You just gave the perfect example of why most truckers don't make it. You can do it cheaper because of no payments. Then another does it cheaper because of no payments or family. Then no payments, family or home. Just pay the fuel, feed the driver and call that "success". Yeah, let's all compete with that! Probably best if you stick to your t-shirt business that keeps you afloat.
Amen Tim. I have been struggling. Just had put another engine in my 2020 f250 pulling campers is a struggle right now. And raising 5 kids thanks for this video
Hey Tim, don’t let the haters get to you!
Don't stress the the steady flow of bullshit and let the challenges hold ya back! JUST CRUSH IT LIKE WE KNOW YOU WILL! Big props to you n the crew for the amazing truck it will be.
Great way of thinking Tim . Stay positive it will work out .
Tim, u and your crew are doing a fine job on the truck.
I hope you get back in the green and that the Lord will bless your company. 🙂
Wow some random figures on a white board thanks for showing us
😂😂😂
😅😅😅😅😅😅
😂😂😂😂😂my first thought exactly
Hang in there brother been driving for 40 years totally understand.
Keep up the good work guys your killing it
Same people call that junk truck but that is what build this country
dam brother i see that pain in your face, keep as many employees as you can. you are a good boss/owner
Life is like a roll a coaster it goes up and goes down, you just got to keep rolling.
Truck is looking good Tim you did a great job love your content
Tim keep your head up your doing well. I have faith in you and your family
Tim I'm a long time watcher I am in the commercial flooring business and it is very slow for me is everything I can do to keep my guys going it's tough right now it's election year it sucks thank you for the video❤❤
Trump 24
I'm in oil & gas.. election years are a bitCh
DAMN Tim the Truck turned out really Nice the paint looks amazing the Truck is going to do just fine on the trip it has a CAT 😺 MOTOR in it.
DAMN Tim you did an Amazing job on Westons Truck it's going to absolutely look Awesome 👍.
Sad when you have a show truck paint job and the rest of the truck is half assed
I have never heard of it called back in the green it has always been in the Black when your ahead and in the red when your in the hole.
The truck looking Tim it's coming right along good job guy's
Looking awesome
..stay safe and see you on the next one
Great Job to everyone!!👏👏👏❤️
I appreciate you looking out for your people cause some truck owners around here in Eastern North Carolina don't look out for their people. They are all for self
Always something happening negative 😂 always. Oh well. It’s UA-cam need the drama.
There are a lot of trucks up for sale on marketplace right know do you think that trucking will turn around soon good luck with your trucking company and god bless and stay safe love your videos
Times get bad .. just grind .. bust it out and keep grinding
I agree with your dad. There is things that we don’t know about and that’s the way it should be.
Hey what’s up fam how y’all doing much love let’s go #GNSTRUCKING stand up checking in with y’all one love fam
I recommend potato work personally, I’ve found really good money hauling potatoes and ground corn and cotton seed etc with a trinity trailer! Really good money
Tim you are doing a great job with Brax! He needs to fail a little but he has a great head on his shoulders!!
Truck is looking good. I’m sure it’s going to be a weight off your shoulders when it’s finally done.
looking good keep up the great work you all...
Plan is pack Bruce up in a shipping container and send him one way back to Florida and get your old New Partner back.
Like that video you are doing a awesome job on that truck hope you all have a blessed night god bless 👍🙏❤️💯
In 21 years of trucking as an owner operator I have never been in the black, if you are in the black you are wasting to much money on BS and from what I have seen on this channel, you do that a lot or hauling cheap freight to just be working…
I think you mean red. Being in the black means you made money. red is lost money
I cannot wait till it’s complete I’m excited to see it lol
Tim, if you use "SHARK HYDE" on those tanks to polish them and seal the pores of the aluminum with it they will stay shining for a long long time like a new aluminum diamond plate tool box does.
Amen I've been down your Road I'm very blessed off where I'm at right now at 70 years old
If any one can make it through hard times it's Gentry's. Great video Westins truck is lookin fine!!!
3 numbers on a white board don’t show anything. It doesn’t show your write offs for the month. It don’t show what you bought for the month or mechanical issues. Or how much it cost to rebuild 3 motors. But just bc you negative for week don’t mean it don’t help you in write offs. Thanks for the inside info on 3 numbers. I do agree on no payments. I have no payment and it has saved me. Keep digging and moving forward.
Stay the course, it'll turn around!!
Good job man hang in there
I’m three months out from paying off my truck and trailer! I thank God for that hopefully we can make it through this storm and come out the other end victorious God willing
It must kill the haters to see westin there all happy and not giving two shits that his truck took so long to get finished. I guess they will have to find something else to cry and hate about. Looking good tim
Sometimes you have to back to basics, but you are very blessed having paid off equipment. Your trucks are nice looking and sufficient. Up here in WV the tin mill is shutting down in April due to China steel. My son is one of the 900 employees losing their jobs up here in the Northern Panhandle. That will hurt the truckers up here that haul the rolled steel.
I getting into business for my self I using my car hauling medication I hope pray I can succeed in my business I will be subcratctor you emspire me Tim Gentry God bless you
I just had to comment. I started a business in Aug of last year and today I had to sell my 4-wheeler because I am waiting on checks to come in from commercial accounts. Gotta do what ya gotta do to keep the business going. we will start making profit very soon. One day I will have enough money to buy a better 4-wheeler. Told my wife, it had to go, I don't want to live on the street on a 4-wheeler. Hahaha
Rock n roll, it's running!
Look at the good side! Your beard game is top of the line! 😮 You will be fine. Not like you haven't seen it before.
Thanks for sharing.
Hi Tim Gentry and Sons and family
Man that's a badass truck yal have done a spectacular job
You’ll be back to normal in no time
Don't even get me started with quality of parts, availability of parts, right parts being shipped. Paying for overnight shipping and getting parts three days later...
Sometimes, you have to let the toys go and focus on taking care of business. Braxton will be ok.
Dad is the foundation of the shop.
Timmy so you are telling us you expected, to get the wheels thats not been delivered, tires mounted, and drive shafts made and truck driving out of the shop all in one day😂. You so full of it. Why dont you go buy some non essential toys, since you lost $43,000 this year!! Some of us see right through you.
Mannn, even I’m excited 😃👏👏👏👏
You wonder why people hate and say you constantly talk out your ass. Always talking about trucking not paying, and things are tight and downsizing to minimal trucks, then we see tons of different trucks and other purchases. Then the cycle repeats. We knew this video was coming, it was overdue.