4 Things All Trucking Business Owners Should INVEST In

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  • Опубліковано 3 жов 2021
  • Thanks again to Shell Rotella®️ Heavy Duty Engine Oil for sponsoring this video. Learn more about where to buy Shell Rotella®️ at: go.shell.com/3alrM5e
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    ABOUT ME:
    What’s up y’all? I’m David McGill, a 2007 graduate of Indiana University’s Kelley School of Business, an experienced accountant, trucking business owner, and consultant. I created Trucking From Scratch®️ to help other entrepreneurs start, run, and grow successful trucking businesses by breaking down the business side of trucking.
    My NEW channel / @1davidmcgill
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    🖥️ Website - truckingfromscratch.com
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    DISCLAIMER:
    The information provided in this video should not be construed or relied on as legal, tax, investment, or business advice for any specific fact or circumstance. It's content was prepared by McGill Accounting LLC, with its principal office located at 1075 Broad Ripple Ave., PMB 390, Indianapolis, IN 46220. This video is designed for entertainment and informational purposes only. Viewing this video does not create an accountant-client relationship with McGill Accounting LLC. You should not act or rely on any of the information contained herein without seeking professional legal advice.
    Trucking From Scratch®️ is a registered trademark.
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КОМЕНТАРІ • 99

  • @TruckingFromScratch
    @TruckingFromScratch  Рік тому +1

    👕 Get your Mind Your Trucking Business T-Shirt: truckingfromscratch.myshopify.com

    • @ranchosauzales
      @ranchosauzales Рік тому +1

      Ur audio kinda low. Keep sharing the game. God Bless.

  • @stevengaston9195
    @stevengaston9195 2 роки тому +1

    Good Morning 🙏 Bro .. Great Video Great Information As Always And Good To See You 👀 Again.. God Bless

  • @DaHumbleBreadMaker
    @DaHumbleBreadMaker 2 роки тому

    Hey David! Back again with another gem! Next time you come to Atlanta let me know! It'll be dope to catch up and chop it up! -Nardia

  • @Mikebaggs
    @Mikebaggs 2 роки тому +1

    Nice setup

  • @MsMMMommy
    @MsMMMommy 2 роки тому

    Hello and thanks for sharing

  • @DL-1
    @DL-1 2 роки тому +1

    What? Look who's back...lol. Good to see you bro. Hope you're doing well.

  • @bobbygraham1135
    @bobbygraham1135 2 роки тому

    Good video

  • @kdee5931
    @kdee5931 2 роки тому

    Great info!! And I see your new grille..bling* bling*

  • @rileyhiggins4753
    @rileyhiggins4753 2 роки тому

    Look as are are boy just got his first sponsor. Way to go bro

  • @ladonnacoleman9674
    @ladonnacoleman9674 2 роки тому +1

    Hey dude! Where you been? MISS YOU!

  • @jimmybagz1ify
    @jimmybagz1ify 2 роки тому

    What’s the ball park range on insurance for a 26ft truck no air brakes. What company u think

  • @TheTiffanyjp
    @TheTiffanyjp 2 роки тому

    Hi David I have a cargo van 2020 ford transit, i would like to talk to you about obtaining my authority for my cargo van. What steps to take, insurance requirements etc

  • @SuperMobly
    @SuperMobly 2 роки тому

    Thanks as always! I see them teethes, you did a great job.

  • @patrickkaze
    @patrickkaze 2 роки тому

    Thanks for the insights. I wonder if you have an office here in Indiana ... I Would like to set up an appointment with you. Please let me know the possibility. Thank You

  • @godly_inspirations1465
    @godly_inspirations1465 2 роки тому

    Do you know the best place to find drivers?

  • @Excellence518
    @Excellence518 2 роки тому +2

    What books were you going to recommend for on going education? I’m curious in new reads, You never circled back

    • @MrAdog1971
      @MrAdog1971 2 роки тому

      He said "previous video". I believe it's in this video ua-cam.com/video/Kcpaq7qXjh8/v-deo.html

  • @debraboone9100
    @debraboone9100 2 роки тому

    I wanted to know which compliance company do you use. I love you video

  • @HIM.BlackTheBillionaire
    @HIM.BlackTheBillionaire 2 роки тому

    Hey Brother David, I am interested in the recommended reading

  • @chiefoutdoors
    @chiefoutdoors 2 роки тому

    free game, much love. see ya out there RNG Transports LLC Got a big dream catcher & bow n arrows on the order side. hahaaaa

  • @LarennPBel
    @LarennPBel 2 роки тому

    Can u re-recorded this with audio that is higher?

  • @MAXED-TRUCKING
    @MAXED-TRUCKING 2 роки тому

    Do you still do accounting consulting?

  • @antoooooinette1964
    @antoooooinette1964 2 роки тому

    I would like to set up a conference call with you to get some business consulting? I have watch several videos and you are very informative. Thanks for your help!

  • @melaniekent2130
    @melaniekent2130 2 роки тому

    Did you just get an endorsement lol good stuff

  • @HANDLEYOBUZINESS
    @HANDLEYOBUZINESS 2 роки тому

    How can I contact you sir? Have a few questions

  • @sharonnzachery4411
    @sharonnzachery4411 2 роки тому

    Midwest Truck Show in Louisville March 2022

  • @hop4ap
    @hop4ap 2 роки тому +3

    Your sound is very low

  • @jthegreat3627
    @jthegreat3627 2 роки тому

    Glad to see you back on youtube and they look really good bro I'm happy for you

  • @mamoonnews1922
    @mamoonnews1922 2 роки тому

    The sound is low

  • @eleonzocaldeeon1131
    @eleonzocaldeeon1131 2 роки тому +1

    I like that you make it right to the point and clear.thanks

  • @lavondabanks7033
    @lavondabanks7033 2 роки тому +1

    Great video thank you. May I ask how did you purchase your trucks? 🚛

  • @gwboles659
    @gwboles659 2 роки тому +4

    what would you say about companies who open a 2nd company to be a holding company for their equiptment that they lease back t themselves?

    • @TruckingFromScratch
      @TruckingFromScratch  2 роки тому

      What’s the goal of that? Sometimes business owners unnecessarily over-complicate things

    • @gwboles659
      @gwboles659 2 роки тому

      @@TruckingFromScratch from what i was told, you start a holding company. transfer your trucking company assets to that company and then lease the equipment back to your trucking company. First you are able to write off that lease indefinitely. Second, it protects your trucking company in the event of a major accident where your company gets sued. Lawyer looks at your company to see assets and realizes that you own none. Less likely to come after you for a greater amount. According to a gentleman i spoke with the other day, major carriers have been doing this for quite awhile to protect themselves. But im not certain, im still doing the research on it.

    • @gwboles659
      @gwboles659 2 роки тому +1

      @@TruckingFromScratch btw also aside from that reply of mine, let me take a moment to say i have really enjoyed your videos. I watched pretty much all of your content before i got started back in January. Youve kept it really simple for us average guys to understand. And its been a tremendous help. Thank You.

    • @YeahNah100
      @YeahNah100 2 роки тому

      Prime does this.

    • @RedskinzFan
      @RedskinzFan 2 роки тому +1

      Yes this is the smart move Because they cannot sue a company who doesn't do business with the public. however I'm almost positive that if you don't know much about that you'll likely screw it up and leave liability on your holding company in some way. just start a regular business and seek legal advice

  • @tangotracker3233
    @tangotracker3233 2 роки тому

    Your audio is very low David.

  • @wiztrucker5545
    @wiztrucker5545 2 роки тому

    Hey D my brother need some one on one man how can we link up

  • @charlesjames6381
    @charlesjames6381 2 роки тому

    Is it me or the audio is low

  • @robconway5159
    @robconway5159 2 роки тому +1

    Dang David with the new teeth lol

  • @TrucknOutTheBox
    @TrucknOutTheBox 2 роки тому

    Getting use to them new teeth 🐐

  • @jasminpou-reed9238
    @jasminpou-reed9238 2 роки тому

    twenty seconds into the video.......now wait one fuckin minute, say cheese. LOL. Anyways, back to recieving knowledge and taking notes.

  • @7lovelife77
    @7lovelife77 2 роки тому

    We gotta talk

  • @BroCallMeCai
    @BroCallMeCai 2 роки тому +1

    Thanks as always brother. Your microphone might be off, the sound was very low.

  • @sweetness2689
    @sweetness2689 2 роки тому

    Sound very low bro

  • @conversationswithcory3730
    @conversationswithcory3730 2 роки тому

    Volume is too low even at max volume.

  • @yechezqelyehudi5164
    @yechezqelyehudi5164 2 роки тому

    I like the prelude leading up to the shell endorsement.He was slick with it, wasn't he y'all?😂😂😂🤣🤣🤣

  • @kenneththompson9493
    @kenneththompson9493 2 роки тому

    Are you also an account because I would love to purchase your services.. if anyone knows if he is an account please let me know thanks

  • @alexbass1063
    @alexbass1063 2 роки тому

    teeth looks good bro

  • @lmurjohnson9684
    @lmurjohnson9684 2 роки тому

    Good video but I can’t hear 👂🏼

  • @lisajonesa8202
    @lisajonesa8202 2 роки тому

    Hi David I have something need some help on do you have an direct email For question

  • @anonymoustrucker1782
    @anonymoustrucker1782 2 роки тому +1

    Audio is super low bro. Is there a way you could re-upload with it higher?

  • @youngvic22
    @youngvic22 2 роки тому

    Your volume is low I was barely able to hear you and I had my volume all the way up

  • @exavierwalker5604
    @exavierwalker5604 2 роки тому

    Mr Fleet

  • @foood300
    @foood300 2 роки тому

    Your voice ?

  • @lisajonesa8202
    @lisajonesa8202 2 роки тому

    Your volume is low

  • @jenniferbarrientes1734
    @jenniferbarrientes1734 2 роки тому

    How do you look for conferences or webinars around your area?

  • @2twelvetransportdispatch426
    @2twelvetransportdispatch426 2 роки тому

    Good Morning David, do you provide bookkeeping and accounting services for Trucking businesses or just accounting?

  • @MattSvatos
    @MattSvatos 2 роки тому +1

    Where can I find the list of books? Thanks for everything you do, David.

    • @TruckingFromScratch
      @TruckingFromScratch  2 роки тому +1

      ua-cam.com/video/Kcpaq7qXjh8/v-deo.html

    • @MattSvatos
      @MattSvatos 2 роки тому

      @@TruckingFromScratch Thanks! Sorry I did not look that far back.

  • @RedskinzFan
    @RedskinzFan 2 роки тому

    you MUST have Meant AMSOIL.

  • @victorjoaquin6852
    @victorjoaquin6852 2 роки тому

    I can barely hear you.

  • @Luiiz84
    @Luiiz84 2 роки тому +1

    I have a degree in logistics here in Brazil do you think the transportation area is thriving in the US?

  • @LarennPBel
    @LarennPBel 2 роки тому

    Ur audio is soooooo low

  • @unkjason
    @unkjason 2 роки тому

    I always look forward to your videos Mr McGill. Thank you for taking the time to help us.

  • @YeahNah100
    @YeahNah100 2 роки тому

    I just found your channel today and I really dig it.

  • @redjeb5833
    @redjeb5833 2 роки тому +4

    I use delvac 15/40, every 15,000 miles. The trucks that I owned went over 1.3 million before I got rid of them. Synthetic is expensive but another way to go.

  • @marvinrinex1053
    @marvinrinex1053 2 роки тому

    You need a driver?

  • @monibmore
    @monibmore 2 роки тому +15

    This dude is the real deal. I can't wait until I get my company up and operational. Thank you for sharing your knowledge, wisdom, and understanding. We need more of you in the world. I have learned so much from you. Thanks again.

    • @coolhandluke29651
      @coolhandluke29651 2 роки тому

      I'm getting my own authority in the springtime after being company driver for 30 years David definitely gave me a lot of insight and I still follow him

  • @MAXED-TRUCKING
    @MAXED-TRUCKING 2 роки тому

    Glad to see your back on YT. You helped me a lot before I even applied for my LLC last year. You still in the business or just giving game back? We are based in Ohio and I'm in Indianapolis all the time. I'm going to have to link with Reese.

  • @markwillbanks3607
    @markwillbanks3607 2 роки тому

    Always be investing in your people. They can take you to the top, especially in a market like this.

  • @majortransportservices
    @majortransportservices Рік тому

    Hey Mr. McGill this is major again with another question. would I be able to run local loads with my us DOT number while waiting for my MC to go through it’s 21 day wait process ? If I book the load Under someone else’s MC would I be able to carry it under my US DOT.

  • @controlleddetonation8905
    @controlleddetonation8905 2 роки тому

    Thanks for the info what's your email address

  • @mohamedd2766
    @mohamedd2766 2 роки тому +21

    I appreciate the insight. Your volume is low