He needed to get an older, less expensive truck, something that doesn't owe you anything, unfortunately it sounds like he doesn't work on his own trucks, you can't afford to stop at the shop, you have to fix your own truck in your own shop
@@cargotoolshop5319 an older truck doesn’t mean less problems. Mine is a ‘98 and I’m into it for about $30,000 just this year. One of the problems I’ve encountered is there aren’t many good shops around anymore that can fix it right and not have you down for two or three weeks. Parts are nearly impossible to find for older trucks like mine and if they do find em, they cost a fortune.
Great video, I was a trucker and really didn't know much on growing my earnings. I’m currently retired, and considering the current rollercoaster nature of the stock market, I decided to stay on the sideline for awhile, now I’m worried with the numerous bank failures as of late, am I better off reinvesting my savings in the stock market.
Growing money is not the same as keeping it there is a reason why investments aren't well taught in schools, the examples you gave are well stationed, the market crisis gave me my first millions, people shy away from hard times, I embrace them.
This is superb! Information, as a noob it gets quite difficult to handle all of this and staying informed is a major cause, how do you go about this are you a pro investor?
Not at all, having monitored edge my portfolio performance which has made a jaw dropping $573k from just the past two quarters alone, I have learned why experienced traders make enormous returns from the seemingly unknown market. I must say it's the boldest decision I've taken since recently.
Don't feel embarrassed by your mistakes Brian. We all make them. In 08 I bought a new T800 that had emissions issues from day 90 and onwards. I fought with it for 5 years because the fear of no warranty kept me from deleting it (MISTAKE 1 ) . I used it to do infield oil hauling in Alberta , which destroys trucks, but didn't replace it after 5 years (MISTAKE 2 ) . I stayed hauling oil even though the rates had been steadily dropping because I was scared of change (MISTAKE 3 ) . Even going so far as to finance a inflame just so I could I could continue losing money by hauling oil ( MISTAKE 4 ) . And finally , I too , let emotions make business decisions even when others , who love me and only wanted the best for me , warned me about the highway to failure I was on (MISTAKE 5 ) . I ended up leaving the industry for a year and had to firesale , aka basically give away , my beloved T800 that I had become so proud of. Now I'm back , driving another T800 with another man's name on the door , just trying to financially dig myself out of the grave I personally dug for myself. I am so thankful for my faith, my wife and kids and all my friends and family that have stood by me 🧡 So don't feel ashamed Brian, you're not alone .
Great souls are tenderized and purified by challenges. Had success been yours, you would be burdened by pride, vanity and enormous waste. You are kind to so clearly share. Thank you.
You are not alone. My brother for countless years tried to run and maintain his own trucks. Every year he lost more money than he cared to admit. I know i did his books. He finally is driving for someone else. He is not making great money, at least he is not negative. Being an owner operator, is not something everyone can do.
I’m female not a trucker but I’m fascinated with all these trucker stories. I got hooked on the Canadian truckers debacle so got curious about what u guys go through. So APPRECIATE YOU TRUCKERS. You don’t move we don’t eat.
Life isn’t easy period. For the average person and lower. A rich person is mostly a scumbag…. (Most rich people are scum they care about themselves and only themselves and they get life easy because they don’t have to worry they just be their scumbag selves) US average people we have to work work work to get by in life. Make money. SAVE. Make good choices. get a career you love. Work hard. Enjoy time when you get it.
I'm 54, semi retired. I drive a truck for fun these days, part time only. I witness every day people falling into the trap of focusing on their desires, and not their needs. I pull into the parking lot at work and see $50,000 pick up trucks driven by employees making $20 an hour, complete madness. I was going to say pick up trucks owned by employees but in reality they are probably financed so owned by the bank. I drive a beat up old Toyota I paid $1200 for, but I have just this week cleared my mortgage by paying off the remaining $90,000 balance in one lump sum. It's all about priorities and unfortunately many people make very poor decisions resulting in them becoming slave to the system.
The moral to the story is simple!! If you wanna be successful do not get a post emission engine!! Simple like that!! He might not say this but these like me that know better can read the unwritten message!!
It's been a year since you posted, hopefully things turned in your favor. I just got my CDL at 54 years old as a possible career change and I was scared to watch this video based on the title, but I'm glad I gave it a watch. Great info, thanks for sharing your honest experience.
Stay safe out there Ed and always remember that the only stupid questions in this industry are the ones not asked. Also, never let yourself become intimidated and don’t ever be afraid, or ashamed, to ask for help. In asking for help it’s inevitable, you’re going to run into assholes in this industry, just move on, let them be the best asshole they can possibly be, and ask someone else for help. Oh, and another thing, the mega carrier’s recruiters are highly trained to convince you that their company’s are the very best and that they have the best long term opportunities available. Bottom line is that they are simply doing whatever’s necessary to fill seats. Do your research, don’t just let them tickle your ears with all kinds of potential “promises”, ask questions, talk to other drivers (most of us love the opportunity to share our experiences with others) and make well informed decisions, not emotional ones. The best advice I can give to you as a new driver is to make sure that you get properly trained. Many poor trainers have ruined the careers of potentially good future drivers in this industry way before new drivers even realize that they’ve been inadequately trained. Do not settle for a “trainer” who’s not had, at the very least, 3-5 years experience. Some of these mega carriers have been known to use drivers with as little as 6 months experience to qualify as “trainers”. Be diligent and don’t set yourself up for failure.
I’m glad you made it through Brother, I was There too! But now I rent from Penske if it breaks down they bring me a new truck and I’m on my way, Ive learned that the Truck Is nothing more than a tool to make money I miss my W900 but I want to feed my wallet not my ego!
I read what you said and I agree with you I do not want to feed my ego I wanna make money I have four boys 17 years driving experience 1,500,000 miles under my belt 40 years old I should’ve started this years ago when I first got my CDL but I wanna try to get a day cab and move around northeast from Maine to Pennsylvania. You got any advice for me pertaining leasing from Penske or ryder.
Mistake #1 was buying more trucks than you can drive. I used to finance trucks. The largest failure segment was yee-haws that owned a truck and thought, “Hmm, if I owned two trucks, I could double my money”, then went out and bought another one. Dumb, dumb, dumb. Other driver quits or is a flake/loser and now you’re in a massive pinch. The lesson here is don’t buy more trucks than you can drive.
Or buy a older reconditioned truck with no emissions and pay cash for it. If it does sit it’s only costing a little insurance and taxes. Worse case drop the tags n insurance.
If you have great bank account savings yep you can buy a truck cash with great mecanic and live this for spare no tags or insurance just park in your lot them when you need just transfer the insurance and continue running you company
I'm not a driver, I'm a former truck trailer mechanic that has worked in fleet and public garages. I've heard similar stories as yours from drivers. One thing that seemed to be common in all the stories from drivers was their regret in becoming a owner/ operator. Many stated they wish they had stayed a company driver but were now in a financial situation that left them caught between a rock and a hard place.
Good insight. An independent trucker has to understand finance or be lucky. He has to understand risk and return and budget for the financial potholes up ahead. Yet, he's in survival mode. There are even accountants who are super competent bookkeepers and tax specialists, but don't have financial talent.
That's the advantage of being a company driver, if the truck breaks down the company will have it repaired, towing service etc.. will be shouldered by the company.
I’m not a trucker , however everything this gentleman says it’s pretty much true to all aspects of life and work man boy you reached out to me on some levels I can tell you that for sure I’m gonna keep all this advice in the back of my head going through my ears all the time thank you for all your honesty and your hard work
Learn a skill that is and will continue to be in demand and go wherever you have to to make the most money you can. The problem with picking a company is you have NO IDEA what is going to happen 10 years down the road when you are most vulnerable.
It’s unfortunate I can’t meet this guy. Due to his bluntness and straightforwardness I would work for this man in a New York minute, regardless of his financial status. I have a major bromance over here. Thank you sir for the info!!!
Brian, I’ve never been a truck driver. I just stumbled on this. This is a fantastic life lesson, it just happens to be about trucking. There are parallels to many other careers. Thank you and best of luck.
Just an illustration of old truth: "Small business exist to become big or to be eaten by the big one." And, according to statistic, first option as rear as an eclipse.
Curious as to what salary your degree has you making I bought truck for $98k and it grossing $11k per week I think buying a truck as a guy who can run it and turn wrenches is an excellent investment
If a guy has a good dispatch/broker sending those 11k-per-week jobs, I wholeheartedly agree. I'm trying to break into the expediting business now and will be my own mechanic. Best,@@wadeariss448
Sounds like what happened to me, 11 years with my own truck and all the headaches. Best thing I ever did was sell out and become a local delivery driver. Retiring in 6 months, happy as can be .
I bought a Mack in 1985 and I owed the bank $40,000. Eight years later I owed the bank $40,000. I sold the Mack. I enjoyed doing the job but it was kind of useless. My employer did not want to lose a dependable man. I went back to school.
As a retired driver of 28 years, all I can say is I'm glad it's over and I feel sorry for anybody that gets into it. It's not a job, it's a lifestyle and if you want to be around your family or have a house, or any kind of a life outside the truck, go find something else to do.
I am 54 retired computer programmer on the fence to upgrade my Class B to and A. These videos help me very much to know exactly what may come my and what are my options. Thank you so much for them
owner operator starting out is not the way to go. picture being a renter, the roof blows off, the water heater and furnace blow, whatever it is you walk away, not your problem. if you work for a company and the truck blows they just put you in another truck and you never miss a beat.
@@randykapel7926 yep, 80+k OTR and work for a larger carrier. Rate bumps have been good. I get home less though. I simply can’t imagine handling all of the paperwork and repairs and managing the business on top of driving. More importantly and less subjectively; Essentially a life’s savings are all tied up into running a small fleet (assuming all liability) in one of the most cyclical, capital intensive industries, where the service itself is completely commoditized. Everyone has their mostly uneducated opinion about risk, talk about taking enormous and concentrated risk for such a low ROIC.
If you got experience as a company driver, going owner op is doable, and you can make a great profit, but unless you're a mechanic I would recommend never buying used. Pretty much every bad story I've heard in owning a truck comes from buying a beat up truck. You'll never save the money you think you will vs having a new truck.
Well yeah. This is absolutely true for every single career that pretty much anyone can get into. When you can be replaced easily you you're not going have many options.
This video is gold. Wondering if you can blend your desk job as a dispatcher, efficiency analyst, troubleshooter, career counselor, equipment consultant, solutions and knowledge base for driver support, and emergency driver all pooled into one.
@@bigdogbulldog9912 sorry to ear that I have my cdl over 10 yrs never drive OTR now married for 2 years n a baby girl 11 months PROBABLY NEVER GONNA DO ANY TRUCKING JUST AROUND THE HOUSE
Wow, love the brutal honesty. You are a tough road warrior and I pray that you are blessed with God's abundance in the days ahead. You will flourish and I look forward to hearing about your future success. May God bless...
Dude, you are extremely honest, and thank you, as I too am a bit in the hole, but your story is very helpful and emotionally supportive of those of us that struggle at times too. Thank you for your honest comments and the bal**s to tell the rest of us. God bless you,...hang in there.
Honestly you guys are putting the best, most comprehensive information out there. Also Bryan, thank you for the 💯 transparency, I know that was not easy.
I’ve hauled oversize modular buildings for 30 years. Been told dozens of times buy another truck, what so I can go broke twice as fast. This works cause I make it work. It ain’t just holding a steering wheel.
Thank you for your brutal honesty! My husband and I are on our second career in life with our trucking business! Honesty is so appreciated because there are a lot of vultures out here that are preying on the inexperienced. Feeding BS to get them to buy something, sign up for something blah blah blah! I can see how newbies can fail if they are not careful! God bless you regarding your upcoming decisions. I have no doubt you will be successful whatever decision you make! ✌️
Mad respect for a guy who made some mistakes and instead of saying nothing or complaining and moping about it and teaches other guys from his mistakes to help others again BIG RESPECT.
Great video.....im also a retired 30 year aircraft mechanic like your friend and this is my second career......I love it and have more passion for it than I did aviation. Times are tough and sometimes breaking even is a victory. I'm not giving up.
I can feel your pain. Been self employed all my life. 61 years. It’s tough. Time for a change, drive for someone else or a total career change. Your mental health is most important. The future can be exciting. I think in two years you will look back and see this as a painful but necessary time to propel you to something great! Good luck.
It's not the O/O that is the problem. Many, many people do NOT have an understanding & appreciation for DEBT. It is SO easy to borrow 10s to 100s of thousands that the majority of people just shrug it off.
Most people don't do it right because they don't know what they don't know. And then when you get it going right, it you don't plan for the rainy day (who am I kidding? It always FLOODS, not just rains!) then one misstep can cause you to lose it all.
I’m looking To get into the industry as my second career after 25 years in the oil and gas industry. That fire you described just isn’t burning for me any longer and I’m ready to be my own boss and have some control over my life. Keep this man around ET! He puts out some solid no BS content.
OMG Brian ! I'm currently at the CFTR (Québec driving school ) I've been working in the transport industry for the past 10 years. But I love the way that you're giving the hard truth about the industry. I absolutly LOOOOOOOOVE the'se videos ! Keep trucking Brian ! 🤘😈🤘
I retired in early 2019. All the computers and cameras ruined it for me And the constant fight for enough miles to pay my bills. My last dispatcher thought 1900 miles was good enough. We went round everyday but I got my 3000 miles a week. She didn't like that I cussed out other drivers when they cut me off, I told her to turn off the microphone, and stop listening. Good luck driver. Marc
@@alexbedel6320 Swift. Absolutely the worst. I went with them because they were close. Didn't want to take a bus. 30 years of driving. No tickets, No accidents and they told me I was an accidental waiting to happen because I yelled at other drivers. ROAD RAGE. Cause I yelled
I understand your pain Brian. I put $15,000 in an engine, to fix the bull gears. I got one full week of work out of the truck, the next week the engine threw a rod through the block. I am now the proud owner of a 17,000 pound paper weight. This big boat anchor is full of New parts. Starter, alternator, shocks, drums, brakes, fan for the air conditioner, dryer, air compressor, new fuel lines, It goes on and d on. I should’ve bought another truck.
Financing kills owner operators. Theres no way to make a %10 interest payment work nowadays. Preferably, stay a company driver and wait till you can buy outright a truck with an emergency fund in the bank before you transition over to owner operator. Once you become an owner operator, only take a minimal salary until you have enough for a brand new truck in the bank with a juicy emergency fund before you start taking a normal salary.
@@MetalTeamster Sad, but true. Owner/operators need a tuneup on their business skills. Truck efficiency and money management should be a top priority for any trucker.
I've been doing this for 16 years, 5 years over the road and 10 years oilfield. That's were I learned to work on trucks because trucks breakdown all the time. Know I got a 95 Freightliner classic Detroit 12.7 A 99 Freightliner classic Detroit 12.7 And 2000 W900 caterpillar 3406E Built in 99 but registered in 2000 I got great mechanics we run with paper logs and we are doing good profit. You're are right about government ruining trucking. The newer the trucks the more electrical issues, the more sonsors, EGR, DEF That's what's killing trucking
You can't be an owner operator with just a couple trucks if they have emissions. You won't make money. We send brand new trucks to the dealer for a month at a time. I'm talking trucks with only 15000 miles. The government has ruined new trucks.
I've been driving for 6 years, all company driving in trucks with the emission standards in them and I've never had any issues in the 7 trucks I was in. The only problem I had was my first 3 months, I wasn't checking my oil ASSUMING that it had a low oil sensor, the 2017 prostar I guess did not and I blew both my turbos, had to sit in an hotel for 3 weeks. Never did that again and checked it every 'morning'
No shit. As an over-the-road company driver, it seemed like I was always getting a new truck because the last one was in the shop for a sensor that had to be ordered from Germany. Stupid little shit that results in downtime for the machine
Greetings from the Ohio Porters.🇺🇸 It’s been a while since I’ve seen one of your videos. This one REALLY blessed me! 🤩 I come from a trucking family…dad started in the 1930s, my oldest brother started in 1950s, youngest brother in 90s and me in the 80s. I’ve heard the horror stories, the best and worst of trucking, the do and don’ts, and everything in between! I climbed up in a K 100 at age of 4 and have loved trucks even before then! 🥰 I started driving when I was 6 years old…thanks to my dad!! 🥰 Trucking has gone through many periods, changes, highs and lows and adjustments, but there still is money to be made! I’m glad that you have a supportive family! 🧐 That’s the biggest issue that hinders or helps. It does take a toll on your family, especially if you’re an owner-op! You gotta have good equipment, good support from your company, good support from the repair shop side of things, etc. It sounds like you’ve been through a lot. The main thing is that you’re learning from your mistakes and are hopefully moving on from there and not repeating those mistakes. “Make the trip, but don’t forget to enjoy the ride!” That’s my motto! 🧐 There is NO Lone Ranger in trucking! 😳 It sounds like you’re at a crossroads still and determining your next move. Good stuff! Keep those wheels rolling and if the 1st thing you do doesn’t work, then back up and try the next step. Stay strong and encouraged. Keep us posted! 🤩 Blessings to YOU and ALL of our wonderful truckers out there! We need you to keep America rolling!
@@wheelburnerexpress 🇺🇸 Paul here. I know about many things, either directly or indirectly. I have two other brothers that got into trucking as well. We share many stories with each other. Sometimes, we just shake our heads. There’s good and bad both in the trucking world. I really wonder how many drivers can make it now with all the other things going on. One of my brothers is dealing with a leased truck that is just below standards when it comes to maintenance. I thought about us joining together and becoming a brother owned trucking company. We were each at different stages in life at that time. It hasn’t happened yet, but it just might. So, hang in there and think about each step. I try to follow my heart and make things work out the best that I can. “Make the trip, but don’t forget to enjoy the ride”…my personal quote.🥰😎✌️
@@wheelburnerexpress 🇺🇸 I don’t know about the quotes, but I still enjoy trucking as much as I can. I know it’s hard to build up your clientele and not sell yourself short at times. Other times, you just don’t know who you can trust. I’m looking forward to knowing what changes you’re making. I’m wishing you well!! 🤩😎
@@wheelburnerexpress 🤩 Yeah, I’ve seen the 90 day video. Support is a big key, having good equipment, taking care of your equipment, getting good loads, not overextending yourself is another. Now that you’re more experienced and without a truck, take your time to build yourself back up. I gave up trucking for a few years, but I couldn’t stay away very long. I had a great deal on a new truck(just 6 mos old) but wasn’t ready at that time. When it gets in your blood…HANG ON! 🥰🧐 I’ve even hauled grain and may end up doing that more in the future. It’s still so exciting for me. One of my brothers is always trying to encourage me to just back away forever. He likes trucks, but not all the junk that comes with it at times. I just keep thinking that good truckers are always gonna be in demand and I want to take advantage of that if I can. Hey, there’s always Ice Road Trucking! 🧐🤩 Keep up the good work and try to enjoy the ride! 🥰✌️
Thank you Brother for the sharing your experiences- much appreciated. We got started in December of 2018 right at the height of the trucking business as an owner operator and spent the next few years fighting to just survive. There often times we felt like we were rolling piggybanks for everyone else while we barely made enough to keep the wheels rolling. Our biggest mistake was trying to build a business off of load boards (dry van). In May of this year we gave up our authority and have been running tanker under another company. We are now making twice the money as before, and have a quarter of the administrative load we did previously. Things are going so well, in fact, that we are looking to build a small fleet of trucks under this new business model. We have discussed this with our new employer and they seem to be very supportive. Any videos on building a fleet would be very appreciated. God Bless!!
I’m glad you finished with positive stuff. I got tired of hearing the old timers and their negativity. I know you took responsibility for “bad” decisions. I hope my decision don’t have severe consequences. But one part of this video you said was if it wasn’t for bad luck, I’d have no luck. I identify with that, but I have found there’s ups and downs as an operator. In my 4 years of experience it works out. It all works out. So I don’t get stressed any more. Just had my first Deer hit. And it was a doozy. It jumped in front of my truck. Missed the bumper completely. Took out my radiator, intercooler, ac condensers. Just jacked my shit up. But hey insurance is a good thing. Non preventable. 1,000$ deductible. Had to get a loaner from the company but paid for. Lost 2 days though. But it’ll work out. By the way I lease right now and I gotta say. It might be more money in the end but it’s a walk away. So if I had any health or family issues or anything I walk with no harm to my credit. No debt. Yes I’ll lose all that I put in but a little piece of mind most critics of lease don’t mention. I pay for a worry free maintenance plan. I take home avg $2,000 a week. Just had a record week before the deer. Took home $3600. It’s ups and downs. Still make good avg. but I have found lots of “veterans” come and go at companies because they either think they know it all or just have outrageous expectations.
I totally admire your honesty! Im 32, I am not in the truck business but I'm at a similar business, I feel you 100%. Hope you don't ditch the owner op side and I wish I could meet you to have a chat! Take care
Thank you Brian. As a student into the trucking industry your teachings will always be words of wisdom. Also if you are retiring, please consider to be instructor. I am at trucking school and I can already see huge lack of instructors who teach by experience.
Good luck in the future. As a former owner operator that took the company driver job to keep driving , its really tough but you do what's best for you and your family.
Definitely be a company driver and do local. Go home every day and don’t need the stress. Your time off you don’t have to worry. I make over a 80k a year at less than 60 hrs a week as a local driver. Or if you like the road there are companies to only be gone mon the fri and off weekends that can easily make 85 a year
Thats what I'm looking for. Got a family.. I like driving and my company paid for my CDL school and CDL yet when I did the actual job itself I didnt like the unloading regional schedule. I dropped out and now I'm a yard driver. I believe consistent sleep patterns are important to health and found some companies with local jobs around $70k/year. What now? A few weeks of experience in the yard and a CDL is all I have.
@@droptozro Regional is a sleeper driving position and you probably wanted to be home. I don’t blame you, but your wasting your CDL A license if your a yard driver. You don’t even need an A license to do that. I’ve know in the past companies will hire a guy who had a DUI to do yard work. Try to get something to build experience actually driving
@@CForged Yeah it wasn't a horrible regional job--home about every other day or so, but I value a consistent sleep pattern pretty highly over making tons of money. I already saw my sleep cause issues in my mid-thirties just by not getting enough nightly so I wasn't so keen on being up one day at 5am and then 2 days later having to depart at 1am. You're right that I don't need a CDL for the yard--don't think anyone else in my yard even has one. It just got me back in a truck to practice backing. In a matter of a week I'd back up and pull trailers a thousand times so it's pretty much muscle memory already in a few weeks. I got an interview actually for a daily local job in a few days--but it's an hour drive away TO the site and the job reviews on them are not pretty.
@@CForged just be careful long term with sleep. It's starting to show scientifically that our lack of healthy sleep culture is what is destroying our brains later in life. 2020 led to me getting about 6-7 hrs max sleep for most of the year and missing a lot of deep sleep hurt my energy levels. I'm more dedicated to a sleep schedule of 9:30pm-5:15am schedule now and it helped a lot. Went to the local interview. The main hub I'd work out of would be about 30 mins away and hole daily---but the pay scale was too much of a cut. $18/base with some incentives on other hauls or constant OT--but I make $21/HR now and can even transfer to old positions in my DC and make $23/HR with unlimited OT. I do want to drive and think that job offer sounds enjoyable with my limited experience but that pay cut... Ugh
Wanted to say I'm a new driver and I love all your videos you post they are very informative and straight forward, Nice Job. I am a company driver now but long term goal is to be an Owner Operator, I know I have to pay my dues and get my experience. So Sir I thank you for putting you self out there like you do in these videos.
Thanks for the brutal honesty Brian! It must have taken a lot of soul searching. After Kaly's brutal honesty also, I am loving this channel. Having a 4 yr old truck that is not paid for, hmmm. 40K to rebuild/replace engine? Yikes! I am sure you considered dropping one in from a wreck? Although I am well aware how shop estimates easily grow by 2x the cost and time before you get out the door. I am interested to know which engine was in your Volvo? This may sound a bit crazy, but not hiding behind shades adds a lot to the honesty impression. You're darn right about the fun and money going out of it - when I started out 30+ years ago there was a LOT more money, good money, along with a lot more respect. The loss of both can be easily linked to LMIA's. They have destroyed our negotiating power along with our reputations as they aren't held to the same work history OR CRC requirements we are. Many have obviously never driven anything bigger than a hilux and more than a few are probably murderers and thieves. Not to worry, big strapper Dave Smart with the flying barn door just west of you has just announced happy days are here again. Hope he's right!
I love how you don’t blame anybody at all brother and just being brutally honest about your situation without asking for people to feel bad for you. You’ve made mistakes in our lives and you owned it like a man. Please don’t forget to give yourself some grace brother.
Great presentation for sure. Your invaluable candid talk applies to all business ventures, not just trucking. I think you are too hard on yourself. You had the courage to try and make a better life for you and your family. You are smarter for it for sure. Thank you for sharing your story. Hat off to you.
Just started company trucking with the goal to become an owner operator. I’m taking as much information as possible so thank you for consistently providing us with really awesome information and wisdom! If only we could take a ride with you to soak up some more. I know I would be an awesome student!
If you can't afford a glider, a pre emissions Detroit Series 60 in a 2000- 2007 Freightliner is a great starter truck. You can find one for less than 40k. Run it and make it nice, and learn the business. And run virgin tires, no recaps. 75% of this guys problems are from an emissions motor and after treatment sensors. Good luck
Great advice, 3 months ago I bought a 05 Peter, a fews smalls breaks down and I'm hoping to work 2 more years with not big problems, then work on a farm,. I'm lucky I'm paying the truck as I go with cero interest..
In the last forty years, I’ve seen many changes in the trucking industry, most of them are for the worst! We now have ELD’s, DEF,CSA and the points they assign for different infractions, DOT inspections, cost of fuel, cost of tolls, parking at truck stops or rest areas ( lack of) , restaurants or lack of ( mostly fast food). And now they’re talking about lowering the speed limit to 65 for all trucks. I’ve seen the better days of trucking and from what I can see, they are definitely behind us! Freedom is the one thing that I loved about being a trucker, but that freedom is gone!
Thanks for that, some sort of boosting morale despite of some failure but, fighting back and fighting good "the right way, the right choice" is better than anything else.
Thank you so much for being honest and open about what you went through as an O/O. I'm an OTR and have been kicking the idea around about becoming an O/O. Bless you for being willing to help others in the industry.
Glad you overcame that, we all make mistakes but good on you for sticking out for the better. Really helps to share, lots of others Including myself have done the same thing more or less. Best to move on and keep pushing!
I can totally relate to you.. I had to let my first truck go because I was always having too much down time and shop bills kept coming faster than I can make any money. My first truck KEEPED ME BROKE! Bad times will teach you to prepare. Got my second truck and things are so smooth now.
That's the thing about truckin company driver or owner operator it's always a grind but it will work out we just need to adapt to the new way of the business I've been doing this for 29 yrs and this guy is right its changed but hats of to you man thank you.
I find it interesting looking back and watching that oil slick haired Ronan make a "old trucks are 100% junk" video and in that video he's so hell bent on fuel mileage and doesn't talk about real world trucking issues that's discussed at 7:02.
Definitely respect this guy for taking accountability for his mistakes 👏 good sound advice , I'm currently running one truck with my Authority and having a very successful year. I think one of the keys to make it in this industry is eliminating fixed expenses as fast as you can, truck notes trailer notes etc.. once you do that you can make it but you have to also have a back up. I'm planning to purchase another truck but to have as a back up in case my engine were to blow so yeah its different for everyone rem "short steps long vision"
I’m not a trucker. I just happened to see one of your videos and have been subscribed ever since. I find your videos very interesting and professionally done. I know how busy and hard working you are and I really appreciate you taking the time to do these videos! I hope everything in your life and business works out great for you! You have a fan! 😎👍
I don't think you can truly be a man until you've completely destroyed. Your life picked up the pieces rebuilt it and then own the mistake. Much respect for you, my friend. I've been a driver for 27 years. And I've screwed up every single possible way. You can screw up so this video really hit home for me.
Great video… I’ve been in the game for a while, drove for years, all company driving positions and last 11 years in management. I have also had a tough past few years, lots of that was my own doing like you but now I have a decision and looking to go back on the road as a driver, company driver. Again… GREAT VIDEO and best of luck to you and your journey
just subscribed. Man, I hate to say how much I can relate to this (uncertainty). I Just joined a friend in his trucking company after having a career in the chemical industry for 20 years, back issues forced me out to a new career. My friend brought me on for the "office" work (which I have no experience in) but since I came on in Feb of 2021 I only received 2 paychecks because we had 4 out of 5 trucks break down (not good having a lifetime of bills and a family) and between shop time, parts, and everything in between it's been crazy. I don't know how to relate to all this especially without skills outside of my old job. Thank you for this video. We are literally at the "hanging by a thread" point and praying things start going in the right direction for us. Come Monday we will have 3 trucks back up to at least keep our insurance up (trucking insurance a racquet) Really appreciate your honesty and advice.
I have no connection to trucking but have always found the business interesting. Kudos for this kind of candor - straight talk seems not to be in short supply from truckers! Respect.
This is the second time I've watched this and I have nothing but appreciation for Brian and his honest, forthright, no nonsense way of doing business. Thank you Brother. I'm new to this field and it is a second career for me after 35 years as a computer guy. I'm gonna give it a ride and see what I can make of it. Thanks again.
Couple things One, the ways of the world is a major reason why the trucking industry has made a major shift in the publics eyes. Everyone wants everything yesterday, so as you notice over the years truck stops started being replaced with fast-food places because no one had time to sit and visit with buddy anymore, I Gotta GO! The money has never kept pace with the cost of living period and I for one can honestly say the best money to cost of living I ever made as a driver was 1989. Lastly, and believe me I could go on and on with this subject matter but I'll end on a funny note (I Hope) I like to say that I started in this trucking business with nothing, and 37 years later, I've got most of it left. Personal side note, this year I took a job, still in the industry but I'm not driving. I'm working on average 40 hours a week sometimes a little bit of overtime but I'm home every night and I'm ALMOST earning as much take home money every 2 weeks at 80 hours a pay period then I was putting close to 70 hours a week behind the wheel. And I will retire to Thailand the God Lord willing. Be Safe and Be Well.👍😎
Yeah the money really hasn't kept up with inflation. I started driving for a steel Warehouse around 1980. $10 per hour, BlueCross BlueShield major medical prescription dental eyeglass, all the benefits. Worked a normal 8-hour shift 5 days a week, sometimes a little bit of overtime. No headaches, no log books, and a. DOT chheck with something that might happen to you once every couple years.. adjusted for inflation, that $10 an hour is now 30-something an hour in 2021 money.
Huge respect. I appreciate your every word in this video. As a person about to take my Class 1 license your experiences have shown that being an owner operator may pay more but also comes with great responsibility and risk. There is less pay as a company driver but less headache too!!
It's all about the numbers,..how much do you need to live and how much time you want to be home. The secret to my success, pre-emissions Cummins 11 liter trucks, pre 2000 models (currently a 1999 International 9800 Cabover), drive 57 mph and never haul anything over 25,000lbs. I spend 2 weeks out - 3 weeks at home,...10 to 14 k per turn around.
I experienced a paccar problem that turned out to be a humidity sensitive relay, was told that it was made for aircraft or by same company, don't know why i felt compelled to share this
@@wheelburnerexpress Ha ha same here. Put 3 girls through college and I just retired at 62. Never missed a meal, car or house payment, never went without health insurance. But it's not for the faint of heart or lazy people for sure.
Having high standards is the only way, you have a big investment you don’t want to put some knucklehead in there and have them destroy your truck, I would have a very difficult time deciding who to put in my truck
When he said that I thought this, and I’ll say to you. You have insurance for a reason. As long as your satisfied with the drivers, DAC, PSP, CSA score. So it’s real hard to avoid something if all that checks. I’ll tell you not all medium and large companies look at all of that. To some they just look for a good CSA score. A lot do look at DAC. PSP is a given. That looks at drug test history and dot accidents. But like he said at some point you and all companies have to fill the seat and just know most if not all is covered by insurance. So I would disagree with having high standards. You have to have some but not necessarily high.
Sure, large companies can and WILL hire idiots to drive their trucks. When you have one truck to put a driver in, you should want a great one. Insurance is great for wrecks, but if you're spending more on repairs because of driver neglect or incompetence then why have two. I've not seen very many good drivers of late, seen a couple hit and runs too, one even being a UPS semi truck. Seems every moron driving these days have no regard for speed limits in construction zones either. I'm starting to believe CDL stands for Certified Dimwitted Lunatic.
People don’t understand economic cycles are because too many make the discovery that walking away is the best option. If you feel like walking away, walk away, loans are just delaying the inevitable.
This guy really blamed everything on himself and no one else. Respect.
He needed to get an older, less expensive truck, something that doesn't owe you anything, unfortunately it sounds like he doesn't work on his own trucks, you can't afford to stop at the shop, you have to fix your own truck in your own shop
@@cargotoolshop5319 an older truck doesn’t mean less problems. Mine is a ‘98 and I’m into it for about $30,000 just this year. One of the problems I’ve encountered is there aren’t many good shops around anymore that can fix it right and not have you down for two or three weeks. Parts are nearly impossible to find for older trucks like mine and if they do find em, they cost a fortune.
Nah. Break your ass and work on your equipment on your time off?? Set up a maintenance fund and enjoy your time. Let someone else get dirty.
👍🏾👍🏾
I need him as a Mentor🎉
Great video, I was a trucker and really didn't know much on growing my earnings. I’m currently retired, and considering the current rollercoaster nature of the stock market, I decided to stay on the sideline for awhile, now I’m worried with the numerous bank failures as of late, am I better off reinvesting my savings in the stock market.
Growing money is not the same as keeping it there is a reason why investments aren't well taught in schools, the examples you gave are well stationed, the market crisis gave me my first millions, people shy away from hard times, I embrace them.
This is superb! Information, as a noob it gets quite difficult to handle all of this and staying informed is a major cause, how do you go about this are you a pro investor?
Not at all, having monitored edge my portfolio performance which has made a jaw dropping $573k from just the past two quarters alone, I have learned why experienced traders make enormous returns from the seemingly unknown market. I must say it's the boldest decision I've taken since recently.
@@hunter-bourke21 I’ve been looking to switch to an advisor for a while now. Any help pointing me to who your advisor is?
Mary Onita Wier, maintains an online presence. Just make a simple search for her name online.
Don't feel embarrassed by your mistakes Brian. We all make them. In 08 I bought a new T800 that had emissions issues from day 90 and onwards. I fought with it for 5 years because the fear of no warranty kept me from deleting it (MISTAKE 1 ) . I used it to do infield oil hauling in Alberta , which destroys trucks, but didn't replace it after 5 years (MISTAKE 2 ) . I stayed hauling oil even though the rates had been steadily dropping because I was scared of change (MISTAKE 3 ) . Even going so far as to finance a inflame just so I could I could continue losing money by hauling oil ( MISTAKE 4 ) . And finally , I too , let emotions make business decisions even when others , who love me and only wanted the best for me , warned me about the highway to failure I was on (MISTAKE 5 ) . I ended up leaving the industry for a year and had to firesale , aka basically give away , my beloved T800 that I had become so proud of. Now I'm back , driving another T800 with another man's name on the door , just trying to financially dig myself out of the grave I personally dug for myself. I am so thankful for my faith, my wife and kids and all my friends and family that have stood by me 🧡 So don't feel ashamed Brian, you're not alone .
Thank you very much for sharing your story. God bless ❤
Great souls are tenderized and purified by challenges. Had success been yours, you would be burdened by pride, vanity and enormous waste. You are kind to so clearly share. Thank you.
@Rob you’re going to make it. You’ll see. Keep your faith brother and never give up. Stick to your plan.
You are not alone. My brother for countless years tried to run and maintain his own trucks. Every year he lost more money than he cared to admit. I know i did his books.
He finally is driving for someone else. He is not making great money, at least he is not negative.
Being an owner operator, is not something everyone can do.
That’s pretty rough, Hopefully your family appreciates all the sacrifices you do for them, and yourself. Best wishes man
I’m female not a trucker but I’m fascinated with all these trucker stories. I got hooked on the Canadian truckers debacle so got curious about what u guys go through. So APPRECIATE YOU TRUCKERS. You don’t move we don’t eat.
Smart trucking is another good one too.
This man is so truthful about the biz. It’s not easy.
Life isn’t easy period. For the average person and lower. A rich person is mostly a scumbag…. (Most rich people are scum they care about themselves and only themselves and they get life easy because they don’t have to worry they just be their scumbag selves) US average people we have to work work work to get by in life. Make money. SAVE. Make good choices. get a career you love. Work hard. Enjoy time when you get it.
@@mike-lj1uu all depends
The Federal Reserve warps the economy.
@@danielyounker5371 fuck the whole damn thing
Business in general is not easy. Especially pimpin.
I'm 54, semi retired. I drive a truck for fun these days, part time only. I witness every day people falling into the trap of focusing on their desires, and not their needs. I pull into the parking lot at work and see $50,000 pick up trucks driven by employees making $20 an hour, complete madness. I was going to say pick up trucks owned by employees but in reality they are probably financed so owned by the bank. I drive a beat up old Toyota I paid $1200 for, but I have just this week cleared my mortgage by paying off the remaining $90,000 balance in one lump sum. It's all about priorities and unfortunately many people make very poor decisions resulting in them becoming slave to the system.
I genuinely appreciate your "bottom line, up front" kind of honesty. Little nuggets of gold you're dropping for us new guys.
The moral to the story is simple!! If you wanna be successful do not get a post emission engine!! Simple like that!! He might not say this but these like me that know better can read the unwritten message!!
As an owner operator l had the head aches. He's telling the truth. Keep telling your life facts not story. God bless you and your family!
It's been a year since you posted, hopefully things turned in your favor. I just got my CDL at 54 years old as a possible career change and I was scared to watch this video based on the title, but I'm glad I gave it a watch. Great info, thanks for sharing your honest experience.
Stay safe out there Ed and always remember that the only stupid questions in this industry are the ones not asked. Also, never let yourself become intimidated and don’t ever be afraid, or ashamed, to ask for help. In asking for help it’s inevitable, you’re going to run into assholes in this industry, just move on, let them be the best asshole they can possibly be, and ask someone else for help.
Oh, and another thing, the mega carrier’s recruiters are highly trained to convince you that their company’s are the very best and that they have the best long term opportunities available. Bottom line is that they are simply doing whatever’s necessary to fill seats. Do your research, don’t just let them tickle your ears with all kinds of potential “promises”, ask questions, talk to other drivers (most of us love the opportunity to share our experiences with others) and make well informed decisions, not emotional ones. The best advice I can give to you as a new driver is to make sure that you get properly trained. Many poor trainers have ruined the careers of potentially good future drivers in this industry way before new drivers even realize that they’ve been inadequately trained. Do not settle for a “trainer” who’s not had, at the very least, 3-5 years experience. Some of these mega carriers have been known to use drivers with as little as 6 months experience to qualify as “trainers”. Be diligent and don’t set yourself up for failure.
I just getting mine at 42
I’m glad you made it through Brother, I was There too! But now I rent from Penske if it breaks down they bring me a new truck and I’m on my way, Ive learned that the Truck Is nothing more than a tool to make money I miss my W900 but I want to feed my wallet not my ego!
I know nothing of the trucking industry but I know a lot about your last statement. You are correct 100%.
How much you pay for Penske
All the hotshot guys that are making good money do the same.
I read what you said and I agree with you I do not want to feed my ego I wanna make money I have four boys 17 years driving experience 1,500,000 miles under my belt 40 years old I should’ve started this years ago when I first got my CDL but I wanna try to get a day cab and move around northeast from Maine to Pennsylvania. You got any advice for me pertaining leasing from Penske or ryder.
Mistake #1 was buying more trucks than you can drive. I used to finance trucks. The largest failure segment was yee-haws that owned a truck and thought, “Hmm, if I owned two trucks, I could double my money”, then went out and bought another one. Dumb, dumb, dumb. Other driver quits or is a flake/loser and now you’re in a massive pinch. The lesson here is don’t buy more trucks than you can drive.
Buying different kind of trailers isn’t a thing in this business? Sorry if this quiestion is too stupid. I’m clearly out but into it.
Respect# you got balls to tell what you did wrong thank you
Or buy a older reconditioned truck with no emissions and pay cash for it. If it does sit it’s only costing a little insurance and taxes. Worse case drop the tags n insurance.
If you have great bank account savings yep you can buy a truck cash with great mecanic and live this for spare no tags or insurance just park in your lot them when you need just transfer the insurance and continue running you company
FOR Ow/Op.11k-16k$ solo,15k-25k $ team . dedicated lanes CA
I'm not a driver, I'm a former truck trailer mechanic that has worked in fleet and public garages. I've heard similar stories as yours from drivers. One thing that seemed to be common in all the stories from drivers was their regret in becoming a owner/ operator. Many stated they wish they had stayed a company driver but were now in a financial situation that left them caught between a rock and a hard place.
Good insight. An independent trucker has to understand finance or be lucky. He has to understand risk and return and budget for the financial potholes up ahead. Yet, he's in survival mode. There are even accountants who are super competent bookkeepers and tax specialists, but don't have financial talent.
That's the advantage of being a company driver, if the truck breaks down the company will have it repaired, towing service etc.. will be shouldered by the company.
I’m not a trucker , however everything this gentleman says it’s pretty much true to all aspects of life and work man boy you reached out to me on some levels I can tell you that for sure I’m gonna keep all this advice in the back of my head going through my ears all the time thank you for all your honesty and your hard work
Advice given to me: Be and stay a company man with a large enough company that will provide you benefits..learn to manage your pay check.
Learn a skill that is and will continue to be in demand and go wherever you have to to make the most money you can. The problem with picking a company is you have NO IDEA what is going to happen 10 years down the road when you are most vulnerable.
I'm glad many of you lasted longer than me. My trucking career never grew because I had a drinking problem.
You and me both brother 😟
Trucking will turn a regular man into an alcoholic
Takes a big man to admit it
Hope you’re both doing well Derek and Michael!!
It was the opposite for me, trucking keeps me from drinking and it's great.
There’s no reasons to laugh man, this business is rough, I respect and appreciate your help because everybody could do the same mistakes
Huge Respect for putting yourself out there for others to learn from.
It’s unfortunate I can’t meet this guy. Due to his bluntness and straightforwardness I would work for this man in a New York minute, regardless of his financial status. I have a major bromance over here. Thank you sir for the info!!!
Bought a Volvo With 300,000 on it and deleted the DEF system immediately, been a great moneymaker
Is it true that the fine for doing that is 40000 bucks?
@@11rooneys25 It's only illegal if you get caught
No Coppy no stoppy
You can always run a red light as long as you don't get caught. Once you get caught your fucked
@@robertdivany1627 exactly, i heard about it, the tiket can be crazy
Brian, I’ve never been a truck driver. I just stumbled on this. This is a fantastic life lesson, it just happens to be about trucking. There are parallels to many other careers. Thank you and best of luck.
Just an illustration of old truth: "Small business exist to become big or to be eaten by the big one." And, according to statistic, first option as rear as an eclipse.
My dad was an owner operator and the best advice he ever gave me (in 1978) was to “never” buy a truck, finish your degree
Curious as to what salary your degree has you making I bought truck for $98k and it grossing $11k per week I think buying a truck as a guy who can run it and turn wrenches is an excellent investment
If a guy has a good dispatch/broker sending those 11k-per-week jobs, I wholeheartedly agree. I'm trying to break into the expediting business now and will be my own mechanic. Best,@@wadeariss448
What if you cant turn reaches @@wadeariss448
This is the most sincere advice I ever heard..in ma life
Sounds like what happened to me, 11 years with my own truck and all the headaches. Best thing I ever did was sell out and become a local delivery driver. Retiring in 6 months, happy as can be .
I'm interested to know what delivery driver company you work for or independent
I bought a Mack in 1985 and I owed the bank $40,000. Eight years later I owed the bank $40,000. I sold the Mack. I enjoyed doing the job but it was kind of useless. My employer did not want to lose a dependable man. I went back to school.
FOR Ow/Op.11k-16k$ solo,15k-25k $ team . dedicated lanes CA
@@nickalan8586 that’s funny
As a retired driver of 28 years, all I can say is I'm glad it's over and I feel sorry for anybody that gets into it. It's not a job, it's a lifestyle and if you want to be around your family or have a house, or any kind of a life outside the truck, go find something else to do.
I am 54 retired computer programmer on the fence to upgrade my Class B to and A. These videos help me very much to know exactly what may come my and what are my options. Thank you so much for them
owner operator starting out is not the way to go. picture being a renter, the roof blows off, the water heater and furnace blow, whatever it is you walk away, not your problem. if you work for a company and the truck blows they just put you in another truck and you never miss a beat.
If it's something you want to do, do it. Everyone's experience is different.
Im a company driver 80k i could make more but i go home a lot
@@randykapel7926 yep, 80+k OTR and work for a larger carrier. Rate bumps have been good. I get home less though.
I simply can’t imagine handling all of the paperwork and repairs and managing the business on top of driving.
More importantly and less subjectively; Essentially a life’s savings are all tied up into running a small fleet (assuming all liability) in one of the most cyclical, capital intensive industries, where the service itself is completely commoditized.
Everyone has their mostly uneducated opinion about risk, talk about taking enormous and concentrated risk for such a low ROIC.
If you got experience as a company driver, going owner op is doable, and you can make a great profit, but unless you're a mechanic I would recommend never buying used. Pretty much every bad story I've heard in owning a truck comes from buying a beat up truck. You'll never save the money you think you will vs having a new truck.
I'm not a trucker but I truly enjoyed this man's stories.
Your doing so many people a huge service by telling your story
Well yeah. This is absolutely true for every single career that pretty much anyone can get into. When you can be replaced easily you you're not going have many options.
This video is gold. Wondering if you can blend your desk job as a dispatcher, efficiency analyst, troubleshooter, career counselor, equipment consultant, solutions and knowledge base for driver support, and emergency driver all pooled into one.
Got out of trucking 8 years ago,best decision I ever made
How long was u in it?
@@miguelrios725 16 years
@@bigdogbulldog9912 sorry to ear that I have my cdl over 10 yrs never drive OTR now married for 2 years n a baby girl 11 months PROBABLY NEVER GONNA DO ANY TRUCKING JUST AROUND THE HOUSE
@@miguelrios725 smart move👍
Wow, love the brutal honesty. You are a tough road warrior and I pray that you are blessed with God's abundance in the days ahead. You will flourish and I look forward to hearing about your future success. May God bless...
Dude, you are extremely honest, and thank you, as I too am a bit in the hole, but your story is very helpful and emotionally supportive of those of us that struggle at times too. Thank you for your honest comments and the bal**s to tell the rest of us. God bless you,...hang in there.
Honestly you guys are putting the best, most comprehensive information out there. Also Bryan, thank you for the 💯 transparency, I know that was not easy.
I’ve hauled oversize modular buildings for 30 years. Been told dozens of times buy another truck, what so I can go broke twice as fast. This works cause I make it work. It ain’t just holding a steering wheel.
Thank you for your brutal honesty! My husband and I are on our second career in life with our trucking business! Honesty is so appreciated because there are a lot of vultures out here that are preying on the inexperienced. Feeding BS to get them to buy something, sign up for something blah blah blah! I can see how newbies can fail if they are not careful! God bless you regarding your upcoming decisions. I have no doubt you will be successful whatever decision you make! ✌️
Mad respect for a guy who made some mistakes and instead of saying nothing or complaining and moping about it and teaches other guys from his mistakes to help others again BIG RESPECT.
Great video.....im also a retired 30 year aircraft mechanic like your friend and this is my second career......I love it and have more passion for it than I did aviation. Times are tough and sometimes breaking even is a victory.
I'm not giving up.
I can feel your pain. Been self employed all my life. 61 years. It’s tough. Time for a change, drive for someone else or a total career change. Your mental health is most important. The future can be exciting. I think in two years you will look back and see this as a painful but necessary time to propel you to something great! Good luck.
Lol owning a truck doesn't sound like freedom to me. I think a lot of owner ops just want the title
It's not the O/O that is the problem. Many, many people do NOT have an understanding & appreciation for DEBT. It is SO easy to borrow 10s to 100s of thousands that the majority of people just shrug it off.
Most people don't do it right because they don't know what they don't know.
And then when you get it going right, it you don't plan for the rainy day (who am I kidding? It always FLOODS, not just rains!) then one misstep can cause you to lose it all.
Thanks my dude. Good luck to you on your future decisions brother
I’m looking To get into the industry as my second career after 25 years in the oil and gas industry. That fire you described just isn’t burning for me any longer and I’m ready to be my own boss and have some control over my life.
Keep this man around ET! He puts out some solid no BS content.
OMG Brian !
I'm currently at the CFTR (Québec driving school )
I've been working in the transport industry for the past 10 years.
But I love the way that you're giving the hard truth about the industry.
I absolutly LOOOOOOOOVE the'se videos !
Keep trucking Brian ! 🤘😈🤘
I retired in early 2019. All the computers and cameras ruined it for me And the constant fight for enough miles to pay my bills. My last dispatcher thought 1900 miles was good enough. We went round everyday but I got my 3000 miles a week. She didn't like that I cussed out other drivers when they cut me off, I told her to turn off the microphone, and stop listening. Good luck driver. Marc
What bs company did u work for
@@alexbedel6320 Swift. Absolutely the worst. I went with them because they were close. Didn't want to take a bus. 30 years of driving. No tickets, No accidents and they told me I was an accidental waiting to happen because I yelled at other drivers. ROAD RAGE. Cause I yelled
I understand your pain Brian. I put $15,000 in an engine, to fix the bull gears. I got one full week of work out of the truck, the next week the engine threw a rod through the block. I am now the proud owner of a 17,000 pound paper weight. This big boat anchor is full of New parts. Starter, alternator, shocks, drums, brakes, fan for the air conditioner, dryer, air compressor, new fuel lines, It goes on and d on. I should’ve bought another truck.
Financing kills owner operators. Theres no way to make a %10 interest payment work nowadays. Preferably, stay a company driver and wait till you can buy outright a truck with an emergency fund in the bank before you transition over to owner operator. Once you become an owner operator, only take a minimal salary until you have enough for a brand new truck in the bank with a juicy emergency fund before you start taking a normal salary.
just basically a slave to the bank, to the fuel outfit , to the truck dealership .... it is like spending $150,000 to buy a min wage job.
@@MetalTeamster Sad, but true. Owner/operators need a tuneup on their business skills. Truck efficiency and money management should be a top priority for any trucker.
If you can’t afford to pay a 10% interest rate on a truck then you failed as a owner op go back to being a driver
@@rickshaw296 my tune up for them would be to " tune out " - permanently
@@alaskahaul2085 what interest rates have you paid on your trucks over the years?
I've been doing this for 16 years, 5 years over the road and 10 years oilfield. That's were I learned to work on trucks because trucks breakdown all the time. Know I got a 95 Freightliner classic Detroit 12.7
A 99 Freightliner classic Detroit 12.7
And 2000 W900 caterpillar 3406E
Built in 99 but registered in 2000 I got great mechanics we run with paper logs and we are doing good profit. You're are right about government ruining trucking. The newer the trucks the more electrical issues, the more sonsors, EGR, DEF That's what's killing trucking
22 to 27 year old trucks that are getting beat to crap in the oilfield. They must be in wonderfull shape lol
You can't be an owner operator with just a couple trucks if they have emissions. You won't make money. We send brand new trucks to the dealer for a month at a time. I'm talking trucks with only 15000 miles. The government has ruined new trucks.
I find this unlikely... Unless your being mega dumb and idling
I've been driving for 6 years, all company driving in trucks with the emission standards in them and I've never had any issues in the 7 trucks I was in. The only problem I had was my first 3 months, I wasn't checking my oil ASSUMING that it had a low oil sensor, the 2017 prostar I guess did not and I blew both my turbos, had to sit in an hotel for 3 weeks. Never did that again and checked it every 'morning'
That and the a/c not getting cold, that happened pretty frequently in the Prostars
FOR Ow/Op.11k-16k$ solo,15k-25k $ team . dedicated lanes CA
No shit. As an over-the-road company driver, it seemed like I was always getting a new truck because the last one was in the shop for a sensor that had to be ordered from Germany. Stupid little shit that results in downtime for the machine
This man is honest and deserves good things.
Greetings from the Ohio Porters.🇺🇸 It’s been a while since I’ve seen one of your videos. This one REALLY blessed me! 🤩 I come from a trucking family…dad started in the 1930s, my oldest brother started in 1950s, youngest brother in 90s and me in the 80s. I’ve heard the horror stories, the best and worst of trucking, the do and don’ts, and everything in between! I climbed up in a K 100 at age of 4 and have loved trucks even before then! 🥰 I started driving when I was 6 years old…thanks to my dad!! 🥰 Trucking has gone through many periods, changes, highs and lows and adjustments, but there still is money to be made! I’m glad that you have a supportive family! 🧐 That’s the biggest issue that hinders or helps. It does take a toll on your family, especially if you’re an owner-op! You gotta have good equipment, good support from your company, good support from the repair shop side of things, etc. It sounds like you’ve been through a lot. The main thing is that you’re learning from your mistakes and are hopefully moving on from there and not repeating those mistakes. “Make the trip, but don’t forget to enjoy the ride!” That’s my motto! 🧐 There is NO Lone Ranger in trucking! 😳 It sounds like you’re at a crossroads still and determining your next move. Good stuff! Keep those wheels rolling and if the 1st thing you do doesn’t work, then back up and try the next step. Stay strong and encouraged. Keep us posted! 🤩 Blessings to YOU and ALL of our wonderful truckers out there! We need you to keep America rolling!
@@wheelburnerexpress 🇺🇸 Paul here. I know about many things, either directly or indirectly. I have two other brothers that got into trucking as well. We share many stories with each other. Sometimes, we just shake our heads. There’s good and bad both in the trucking world. I really wonder how many drivers can make it now with all the other things going on. One of my brothers is dealing with a leased truck that is just below standards when it comes to maintenance. I thought about us joining together and becoming a brother owned trucking company. We were each at different stages in life at that time. It hasn’t happened yet, but it just might. So, hang in there and think about each step. I try to follow my heart and make things work out the best that I can. “Make the trip, but don’t forget to enjoy the ride”…my personal quote.🥰😎✌️
@@wheelburnerexpress 🇺🇸 I don’t know about the quotes, but I still enjoy trucking as much as I can. I know it’s hard to build up your clientele and not sell yourself short at times. Other times, you just don’t know who you can trust. I’m looking forward to knowing what changes you’re making. I’m wishing you well!! 🤩😎
@@wheelburnerexpress 🤩 Yeah, I’ve seen the 90 day video. Support is a big key, having good equipment, taking care of your equipment, getting good loads, not overextending yourself is another. Now that you’re more experienced and without a truck, take your time to build yourself back up. I gave up trucking for a few years, but I couldn’t stay away very long. I had a great deal on a new truck(just 6 mos old) but wasn’t ready at that time. When it gets in your blood…HANG ON! 🥰🧐 I’ve even hauled grain and may end up doing that more in the future. It’s still so exciting for me. One of my brothers is always trying to encourage me to just back away forever. He likes trucks, but not all the junk that comes with it at times. I just keep thinking that good truckers are always gonna be in demand and I want to take advantage of that if I can. Hey, there’s always Ice Road Trucking! 🧐🤩 Keep up the good work and try to enjoy the ride! 🥰✌️
Thank you Brother for the sharing your experiences- much appreciated. We got started in December of 2018 right at the height of the trucking business as an owner operator and spent the next few years fighting to just survive. There often times we felt like we were rolling piggybanks for everyone else while we barely made enough to keep the wheels rolling. Our biggest mistake was trying to build a business off of load boards (dry van). In May of this year we gave up our authority and have been running tanker under another company. We are now making twice the money as before, and have a quarter of the administrative load we did previously. Things are going so well, in fact, that we are looking to build a small fleet of trucks under this new business model. We have discussed this with our new employer and they seem to be very supportive. Any videos on building a fleet would be very appreciated. God Bless!!
Keep the faith we need guys like you that gives the new guy some hope for their dream!!
Honest, responsible, hard working and a good guy … this is what life is all about.
Best of luck to you and yours 👍
Soo sad to hear that u don't enjoy trucking as u used to back in the old days.
I am a company driver.. I enjoyed your positivity and honesty thank you and I wish you the very best
I’m glad you finished with positive stuff. I got tired of hearing the old timers and their negativity. I know you took responsibility for “bad” decisions. I hope my decision don’t have severe consequences. But one part of this video you said was if it wasn’t for bad luck, I’d have no luck. I identify with that, but I have found there’s ups and downs as an operator. In my 4 years of experience it works out. It all works out. So I don’t get stressed any more. Just had my first Deer hit. And it was a doozy. It jumped in front of my truck. Missed the bumper completely. Took out my radiator, intercooler, ac condensers. Just jacked my shit up. But hey insurance is a good thing. Non preventable. 1,000$ deductible. Had to get a loaner from the company but paid for. Lost 2 days though. But it’ll work out. By the way I lease right now and I gotta say. It might be more money in the end but it’s a walk away. So if I had any health or family issues or anything I walk with no harm to my credit. No debt. Yes I’ll lose all that I put in but a little piece of mind most critics of lease don’t mention. I pay for a worry free maintenance plan. I take home avg $2,000 a week. Just had a record week before the deer. Took home $3600. It’s ups and downs. Still make good avg. but I have found lots of “veterans” come and go at companies because they either think they know it all or just have outrageous expectations.
I totally admire your honesty! Im 32, I am not in the truck business but I'm at a similar business, I feel you 100%.
Hope you don't ditch the owner op side and I wish I could meet you to have a chat!
Take care
Thank you Brian. As a student into the trucking industry your teachings will always be words of wisdom. Also if you are retiring, please consider to be instructor. I am at trucking school and I can already see huge lack of instructors who teach by experience.
Good luck in the future. As a former owner operator that took the company driver job to keep driving , its really tough but you do what's best for you and your family.
Definitely be a company driver and do local. Go home every day and don’t need the stress. Your time off you don’t have to worry. I make over a 80k a year at less than 60 hrs a week as a local driver. Or if you like the road there are companies to only be gone mon the fri and off weekends that can easily make 85 a year
Thats what I'm looking for. Got a family.. I like driving and my company paid for my CDL school and CDL yet when I did the actual job itself I didnt like the unloading regional schedule. I dropped out and now I'm a yard driver. I believe consistent sleep patterns are important to health and found some companies with local jobs around $70k/year. What now? A few weeks of experience in the yard and a CDL is all I have.
@@droptozro Regional is a sleeper driving position and you probably wanted to be home. I don’t blame you, but your wasting your CDL A license if your a yard driver. You don’t even need an A license to do that. I’ve know in the past companies will hire a guy who had a DUI to do yard work. Try to get something to build experience actually driving
@@CForged Yeah it wasn't a horrible regional job--home about every other day or so, but I value a consistent sleep pattern pretty highly over making tons of money. I already saw my sleep cause issues in my mid-thirties just by not getting enough nightly so I wasn't so keen on being up one day at 5am and then 2 days later having to depart at 1am.
You're right that I don't need a CDL for the yard--don't think anyone else in my yard even has one. It just got me back in a truck to practice backing. In a matter of a week I'd back up and pull trailers a thousand times so it's pretty much muscle memory already in a few weeks. I got an interview actually for a daily local job in a few days--but it's an hour drive away TO the site and the job reviews on them are not pretty.
@@CForged just be careful long term with sleep. It's starting to show scientifically that our lack of healthy sleep culture is what is destroying our brains later in life. 2020 led to me getting about 6-7 hrs max sleep for most of the year and missing a lot of deep sleep hurt my energy levels. I'm more dedicated to a sleep schedule of 9:30pm-5:15am schedule now and it helped a lot.
Went to the local interview. The main hub I'd work out of would be about 30 mins away and hole daily---but the pay scale was too much of a cut. $18/base with some incentives on other hauls or constant OT--but I make $21/HR now and can even transfer to old positions in my DC and make $23/HR with unlimited OT. I do want to drive and think that job offer sounds enjoyable with my limited experience but that pay cut... Ugh
Damn man 80k is good for local, I’m local in California and I only make about 40-50k, it’s my 2nd year driving locally
Wanted to say I'm a new driver and I love all your videos you post they are very informative and straight forward, Nice Job. I am a company driver now but long term goal is to be an Owner Operator, I know I have to pay my dues and get my experience. So Sir I thank you for putting you self out there like you do in these videos.
Thanks for the brutal honesty Brian! It must have taken a lot of soul searching. After Kaly's brutal honesty also, I am loving this channel. Having a 4 yr old truck that is not paid for, hmmm. 40K to rebuild/replace engine? Yikes! I am sure you considered dropping one in from a wreck? Although I am well aware how shop estimates easily grow by 2x the cost and time before you get out the door. I am interested to know which engine was in your Volvo? This may sound a bit crazy, but not hiding behind shades adds a lot to the honesty impression. You're darn right about the fun and money going out of it - when I started out 30+ years ago there was a LOT more money, good money, along with a lot more respect. The loss of both can be easily linked to LMIA's. They have destroyed our negotiating power along with our reputations as they aren't held to the same work history OR CRC requirements we are. Many have obviously never driven anything bigger than a hilux and more than a few are probably murderers and thieves. Not to worry, big strapper Dave Smart with the flying barn door just west of you has just announced happy days are here again. Hope he's right!
Whatever comes your way, I hope you come out on top. I'm restarting my driving career after a few years hiatus and I'm 53.
This new engines with DEF sucks the thing to do to don't have a lot of problems is to delete the def.
I got 12.7 liter with no EGR or def is not new but is in great shape.
I love how you don’t blame anybody at all brother and just being brutally honest about your situation without asking for people to feel bad for you. You’ve made mistakes in our lives and you owned it like a man. Please don’t forget to give yourself some grace brother.
Great presentation for sure. Your invaluable candid talk applies to all business ventures, not just trucking. I think you are too hard on yourself. You had the courage to try and make a better life for you and your family. You are smarter for it for sure. Thank you for sharing your story. Hat off to you.
One thing about it, ET has made a video with financial information about every possible aspect of trucking.
Just started company trucking with the goal to become an owner operator. I’m taking as much information as possible so thank you for consistently providing us with really awesome information and wisdom! If only we could take a ride with you to soak up some more. I know I would be an awesome student!
If you can't afford a glider, a pre emissions Detroit Series 60 in a 2000- 2007 Freightliner is a great starter truck. You can find one for less than 40k. Run it and make it nice, and learn the business. And run virgin tires, no recaps. 75% of this guys problems are from an emissions motor and after treatment sensors. Good luck
Hang in there. I’m a new CDL Class A driver. Sixty five years old, and I’m just getting started. This industry needs people like you.
Brilliant, informative video Brian, heart on your sleeve stuff. Good luck for the future, hope all goes well.
I appreciate the fact that Fred Durst was so candid about being an owner/operator in the trucking industry.
Great advice, 3 months ago I bought a 05 Peter, a fews smalls breaks down and I'm hoping to work 2 more years with not big problems, then work on a farm,. I'm lucky I'm paying the truck as I go with cero interest..
I just became a owner operator and these has been the hardest thing I ever done but we still have to push forward!!!!!🤙🏽✌🏽
I can realy see and feel the honnesty in your eyes when you speak brother !
In the last forty years, I’ve seen many changes in the trucking industry, most of them are for the worst! We now have ELD’s, DEF,CSA and the points they assign for different infractions, DOT inspections, cost of fuel, cost of tolls, parking at truck stops or rest areas ( lack of) , restaurants or lack of ( mostly fast food). And now they’re talking about lowering the speed limit to 65 for all trucks. I’ve seen the better days of trucking and from what I can see, they are definitely behind us! Freedom is the one thing that I loved about being a trucker, but that freedom is gone!
Thanks for that, some sort of boosting morale despite of some failure but, fighting back and fighting good "the right way, the right choice" is better than anything else.
Thank you so much for being honest and open about what you went through as an O/O. I'm an OTR and have been kicking the idea around about becoming an O/O. Bless you for being willing to help others in the industry.
Glad you overcame that, we all make mistakes but good on you for sticking out for the better. Really helps to share, lots of others Including myself have done the same thing more or less. Best to move on and keep pushing!
Wish you best of luck thanks for the advice
I can totally relate to you.. I had to let my first truck go because I was always having too much down time and shop bills kept coming faster than I can make any money. My first truck KEEPED ME BROKE! Bad times will teach you to prepare. Got my second truck and things are so smooth now.
That's the thing about truckin company driver or owner operator it's always a grind but it will work out we just need to adapt to the new way of the business I've been doing this for 29 yrs and this guy is right its changed but hats of to you man thank you.
I find it interesting looking back and watching that oil slick haired Ronan make a "old trucks are 100% junk" video and in that video he's so hell bent on fuel mileage and doesn't talk about real world trucking issues that's discussed at 7:02.
Hmm valid point
I saw that, and put my .02 cents in the comments...that guy's going to make a lot of people go broke if they listen to him.
FOR Ow/Op.11k-16k$ solo,15k-25k $ team . dedicated lanes CA
Definitely respect this guy for taking accountability for his mistakes 👏 good sound advice , I'm currently running one truck with my Authority and having a very successful year. I think one of the keys to make it in this industry is eliminating fixed expenses as fast as you can, truck notes trailer notes etc.. once you do that you can make it but you have to also have a back up. I'm planning to purchase another truck but to have as a back up in case my engine were to blow so yeah its different for everyone rem "short steps long vision"
I’m not a trucker. I just happened to see one of your videos and have been subscribed ever since. I find your videos very interesting and professionally done. I know how busy and hard working you are and I really appreciate you taking the time to do these videos! I hope everything in your life and business works out great for you! You have a fan! 😎👍
I don't think you can truly be a man until you've completely destroyed. Your life picked up the pieces rebuilt it and then own the mistake. Much respect for you, my friend.
I've been a driver for 27 years. And I've screwed up every single possible way. You can screw up so this video really hit home for me.
I would hope that that isn't the rite of passage for men
You're an honest man. Hang in there big guy. Thks for the advise
Great video… I’ve been in the game for a while, drove for years, all company driving positions and last 11 years in management. I have also had a tough past few years, lots of that was my own doing like you but now I have a decision and looking to go back on the road as a driver, company driver.
Again… GREAT VIDEO and best of luck to you and your journey
just subscribed. Man, I hate to say how much I can relate to this (uncertainty). I Just joined a friend in his trucking company after having a career in the chemical industry for 20 years, back issues forced me out to a new career. My friend brought me on for the "office" work (which I have no experience in) but since I came on in Feb of 2021 I only received 2 paychecks because we had 4 out of 5 trucks break down (not good having a lifetime of bills and a family) and between shop time, parts, and everything in between it's been crazy. I don't know how to relate to all this especially without skills outside of my old job. Thank you for this video. We are literally at the "hanging by a thread" point and praying things start going in the right direction for us. Come Monday we will have 3 trucks back up to at least keep our insurance up (trucking insurance a racquet) Really appreciate your honesty and advice.
I have no connection to trucking but have always found the business interesting. Kudos for this kind of candor - straight talk seems not to be in short supply from truckers! Respect.
Been watching ET Trans vids for ages. Seen this guy on many. This video got me to sub. Candid and real. I love that.
Same here, bud....
This is the second time I've watched this and I have nothing but appreciation for Brian and his honest, forthright, no nonsense way of doing business. Thank you Brother. I'm new to this field and it is a second career for me after 35 years as a computer guy. I'm gonna give it a ride and see what I can make of it. Thanks again.
Couple things One, the ways of the world is a major reason why the trucking industry has made a major shift in the publics eyes. Everyone wants everything yesterday, so as you notice over the years truck stops started being replaced with fast-food places because no one had time to sit and visit with buddy anymore, I Gotta GO! The money has never kept pace with the cost of living period and I for one can honestly say the best money to cost of living I ever made as a driver was 1989. Lastly, and believe me I could go on and on with this subject matter but I'll end on a funny note (I Hope) I like to say that I started in this trucking business with nothing, and 37 years later, I've got most of it left.
Personal side note, this year I took a job, still in the industry but I'm not driving. I'm working on average 40 hours a week sometimes a little bit of overtime but I'm home every night and I'm ALMOST earning as much take home money every 2 weeks at 80 hours a pay period then I was putting close to 70 hours a week behind the wheel. And I will retire to Thailand the God Lord willing.
Be Safe and Be Well.👍😎
Yeah the money really hasn't kept up with inflation. I started driving for a steel Warehouse around 1980. $10 per hour, BlueCross BlueShield major medical prescription dental eyeglass, all the benefits. Worked a normal 8-hour shift 5 days a week, sometimes a little bit of overtime. No headaches, no log books, and a. DOT chheck with something that might happen to you once every couple years.. adjusted for inflation, that $10 an hour is now 30-something an hour in 2021 money.
Huge respect. I appreciate your every word in this video. As a person about to take my Class 1 license your experiences have shown that being an owner operator may pay more but also comes with great responsibility and risk. There is less pay as a company driver but less headache too!!
You gotta take risks to make a lot more money, think bud not small.
It's all about the numbers,..how much do you need to live and how much time you want to be home. The secret to my success, pre-emissions Cummins 11 liter trucks, pre 2000 models (currently a 1999 International 9800 Cabover), drive 57 mph and never haul anything over 25,000lbs. I spend 2 weeks out - 3 weeks at home,...10 to 14 k per turn around.
Brother this advice is Gold!..Thank you for putting guys up in the. game and helping them to stay ahead!
Sounds like he was running a Paccar engine (check engine lights on every trip - like what I had with the company Peterbilts I was driving).
I experienced a paccar problem that turned out to be a humidity sensitive relay, was told that it was made for aircraft or by same company, don't know why i felt compelled to share this
John Cothren I have had the same code appear. Was it something you had to change? I've just cleared out the code for now.
Would you get in a plane built by Detroit, Cummins, pacer, Volvo?
Midair: CHECK ENG LITE, DERATE
ME: at least the environment is safe
It’s all a scam to get the little guy out of business
Driver for 30 years here. Any job in trucking is tough. It’s a rough way to make a living company or o/o.
@@wheelburnerexpress Ha ha same here. Put 3 girls through college and I just retired at 62. Never missed a meal, car or house payment, never went without health insurance. But it's not for the faint of heart or lazy people for sure.
Having high standards is the only way, you have a big investment you don’t want to put some knucklehead in there and have them destroy your truck, I would have a very difficult time deciding who to put in my truck
When he said that I thought this, and I’ll say to you. You have insurance for a reason. As long as your satisfied with the drivers, DAC, PSP, CSA score. So it’s real hard to avoid something if all that checks. I’ll tell you not all medium and large companies look at all of that. To some they just look for a good CSA score. A lot do look at DAC. PSP is a given. That looks at drug test history and dot accidents. But like he said at some point you and all companies have to fill the seat and just know most if not all is covered by insurance. So I would disagree with having high standards. You have to have some but not necessarily high.
Sure, large companies can and WILL hire idiots to drive their trucks. When you have one truck to put a driver in, you should want a great one. Insurance is great for wrecks, but if you're spending more on repairs because of driver neglect or incompetence then why have two. I've not seen very many good drivers of late, seen a couple hit and runs too, one even being a UPS semi truck. Seems every moron driving these days have no regard for speed limits in construction zones either. I'm starting to believe CDL stands for Certified Dimwitted Lunatic.
People don’t understand economic cycles are because too many make the discovery that walking away is the best option.
If you feel like walking away, walk away, loans are just delaying the inevitable.