90 Day Review Of New Trucking Business-Lawyer Goes over the numbers!

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  • Опубліковано 15 лис 2024

КОМЕНТАРІ • 69

  • @donnysnonsense
    @donnysnonsense 3 роки тому +1

    I am glad I stumbled across your channel since I'm interested in getting into the box truck business. I'm also similar to you - I spent 20 years in law enforcement (I briefly considered law school, but I'm now working as a teacher). I just want to work on my own at this point in my life and a friend of mine turned me onto box trucks. My current plan is to follow the business over this next school year, save some money up, and then maybe give it a try over the next summer break. That way I'm not out much if it doesn't work for me. Love your channel and please keep them coming!

    • @builtonboxes4374
      @builtonboxes4374  3 роки тому

      hey thanks brother. good luck in your pursuit. reach out if I can help. my email is in the description of every video

  • @MisterUnpredictable
    @MisterUnpredictable 3 роки тому +1

    Ahhh, I can make that with an old half-ton and a raggedy utility trailer.....
    ......and even more with a small courier van, locally.
    Ok, ok.... you got me, I'm lying.
    Great video 👍

  • @mariesunshine4963
    @mariesunshine4963 3 роки тому +1

    This is such awesome information, people will really make you believe you can jump into trucking and make money hand over fist with minimal efforts. Thanks for being so candid.

    • @builtonboxes4374
      @builtonboxes4374  3 роки тому

      I appreciate that. I get a little heat from people who don’t appreciate the truth. I suspect they’ll appreciate it later, when they’re closing their business because they only wanted people to tell them what they wanted to hear. thank you for your support

  • @Tammy-WhammyTV
    @Tammy-WhammyTV 3 роки тому +2

    I love it! You gained a new subscriber, much respect!

  • @ronjordan2831
    @ronjordan2831 3 роки тому +1

    Thanks for sharing your numbers. Very informative.

  • @apachenative8847
    @apachenative8847 3 роки тому +1

    Sir you're the most honest guy i listened to on this topic i am in the process of getting my cdl A thanks for info.

    • @builtonboxes4374
      @builtonboxes4374  3 роки тому

      Man, that means a lot to me. Thank you

    • @apachenative8847
      @apachenative8847 3 роки тому

      Sir I'm in florida you think i can make 800 a day gross with a tandem axle day cab staying regional.

    • @builtonboxes4374
      @builtonboxes4374  3 роки тому +1

      I’d say yes. Florida is tough, but I think you can do it.

    • @apachenative8847
      @apachenative8847 3 роки тому

      @@builtonboxes4374 thank you sir.

  • @Rolanditou
    @Rolanditou 3 роки тому

    Thanks a lot for the brutal honest, that’s exactly wht ppl needs

  • @matthewgilliard4978
    @matthewgilliard4978 3 роки тому

    Thanks For your Honesty..

  • @williamfields362
    @williamfields362 3 роки тому

    This is why I subscribe to your channel you talk the reality of a business person like my self i look at the bottom line first. you and a few others trucker i know feel that the people who get into this thinking about the money will fail due to lack of hard work and to love what you do. That my first speech when i hire people in my other companies i tell them in the interview don’t think about the money just get the job done and love what you do and the money will come. Also i tell my employees that they are my partners and to manage there money as if its running there business. So thank you for such informative videos and keep them coming. I will always watch even if i don’t agree i know you are coming from a good place so God Bless

  • @drichardson2518
    @drichardson2518 3 роки тому

    Thank you for the informative video as well as the transparency. Greatly appreciate the honesty as well. Much continued success✊🏿

  • @stevemoore8041
    @stevemoore8041 3 роки тому

    Thanks I'm deployed currently and I was going to get into trucking when I got back in the states. your page is very informative. I was debating on the box truck or semi. I'm leaning to semi.

    • @builtonboxes4374
      @builtonboxes4374  3 роки тому

      Thank you for your service, my friend. Stay safe, and let me know if I can do anything to help you when you get home!

  • @meanwhile4308
    @meanwhile4308 3 роки тому

    You're shooting yourself in the foot using rentals but, I think you're a really nice guy. And wish you best of luck!!

  • @r.c.shenanigans819
    @r.c.shenanigans819 3 роки тому

    Thanks for another great video...
    One question?? Are y'all running power only?? Or did you rent a trailer too??

  • @donrenzo8361
    @donrenzo8361 3 роки тому

    You re a good man Dude...with a good heart....There will always be evil in the world..so don't give a f**k about the negative comments...God Bless you and your Family...Stay Blessed

  • @slange455
    @slange455 3 роки тому

    Thanks for the numbers what type of loads were they long haul or short daily runs ? Want to get into this but issue is my wife’s schedule makes it difficult since she leaves for work at 5am and we have a daughter that needs to go to school at least four days out of the week wife is off Sunday and Monday. Have a good job but I’m looking for working for myself for once. Her job has a pension so she kind of needs to work 4 or 5 more years to get a good pension she is in law enforcement so her schedule is not that flexible

    • @builtonboxes4374
      @builtonboxes4374  3 роки тому

      mostly regional from Tennessee, to Florida, Georgia, or Carolina, back up to Ohio or Kentucky and back to Tennessee.

  • @bbtrucking1616
    @bbtrucking1616 3 роки тому +1

    What about the trailer? Do you rent one ?

    • @builtonboxes4374
      @builtonboxes4374  3 роки тому +1

      hey sorry for the delay. I rent a trailer from Penske

  • @natellaalhova5887
    @natellaalhova5887 3 роки тому

    Hello, thank you for your video. I am new to business owning a box truck 24ft in Northeast. Could you please tell few words what us OTR? And regional- means not more than 450 miles radius? Thanks in advance

  • @brainzmusic622
    @brainzmusic622 3 роки тому

    How did you find your driver?

  • @jbrown0717
    @jbrown0717 3 роки тому

    Love your content just have a question about how do you determine how much you will pay your Driver? Is it a percentage of each load or a flat rate or is he a 1099 employee? Thanks Also what do you think about box truck driving for Regional and OTR and NOT doing Amazon ?

    • @builtonboxes4374
      @builtonboxes4374  3 роки тому

      hey thank you for your support. my driver is my 21 yo son, so I pay him 25% of the gross. I think that’s probably too much for anyone except immediate family. Because he is an employee, this costs me closer to 35% with all the employment taxes and payroll taxes.
      Also, check out my video on how to pay your driver, where I address this topic specifically.
      regarding box trucking, I think the only way to make great money is to do regional or OTR. It’s tough to make it worth the abuse to your body for Amazon. rates. good luck!

    • @jbrown0717
      @jbrown0717 3 роки тому

      Thanks for sharing your thoughts. That 25% is that weekly or per load. Thanks, again

  • @Ayyeeeooo
    @Ayyeeeooo 2 роки тому

    Please tell me how you rent a semi truck

  • @cordelekid
    @cordelekid 3 роки тому

    This was informative and helpful. Thank you!

  • @cerezcih
    @cerezcih 3 роки тому

    with ice cream truck right Sir? Thanks

    • @builtonboxes4374
      @builtonboxes4374  3 роки тому

      no this is with the trucking company. hauling freight with a Semi

  • @MrTuhefner
    @MrTuhefner 3 роки тому

    Where is the best place for insurance??

    • @builtonboxes4374
      @builtonboxes4374  3 роки тому

      I get insurance from Daniel at the truck insurance channel. he’s great and will be straight up with you and he’s an expert on opening new box truck companies. here is a link to his channel
      ua-cam.com/users/TruckInsurance

  • @sheritaluckett2649
    @sheritaluckett2649 3 роки тому

    What equipment are you renting? The semi?

  • @davidhutchinson5233
    @davidhutchinson5233 2 роки тому

    Just follow Holmes on Homes. Do it right the 1st time.

  • @lt4244
    @lt4244 3 роки тому

    Are these OTR, regional or local numbers? What’s your drivers schedule like?

    • @builtonboxes4374
      @builtonboxes4374  3 роки тому

      these are OTR numbers, but, its mostly within the south eastern region and a little midwest. We generally take a load from Knoxville, TN on Monday, somewhere down to the north central part of Florida, then get a load in southern alabama or Georgia and take it either up to Ohio, Kentucky, Pennsylvania, or over to North or South Carolina, and just kinda bounce around that area, and then make our way back to Knoxville on Friday night or Saturday afternoon. He leaves generally on Monday and resets Saturday and Sunday at home.

  • @deathbyleisure
    @deathbyleisure 3 роки тому

    Great video mate 👌🏾

  • @Antoinehowlett
    @Antoinehowlett 3 роки тому

    Ahhhhh great information here💯💯💯

  • @PK-xg4jt
    @PK-xg4jt 3 роки тому

    Hi. Can you estimate how much you spent on mechanical maintenance please?!

    • @builtonboxes4374
      @builtonboxes4374  3 роки тому

      hey there. we rent our truck and trailer from Penske. we don’t pay for maintenance.

  • @flakoloko5009
    @flakoloko5009 3 роки тому

    Day cab, sleeper n dry van or reefer

  • @french2french527
    @french2french527 3 роки тому

    How much do pensky charge for semi

    • @builtonboxes4374
      @builtonboxes4374  3 роки тому

      I think its around $1000/wk now that the discount program for amazon carriers is discontinued

  • @flakoloko5009
    @flakoloko5009 3 роки тому

    What equipment u rented?

    • @builtonboxes4374
      @builtonboxes4374  3 роки тому

      hey Flako, we rent a sleeper and a 53' dry van from Penske.

  • @darrenhollins10
    @darrenhollins10 3 роки тому +1

    Hey just curious how you switched over to semi's from box truck. My Ryder rep said I need to be in business for 2 years with the semi rentals.

    • @builtonboxes4374
      @builtonboxes4374  3 роки тому

      I had a national discount program with Penske which they've now ended. It used to be that I could get a regular box truck, a reefer box truck, a flat bed, a semi, and a trailer all under that program. Now, I can keep what I have, but I can't get any more

  • @jessieelfaizi4832
    @jessieelfaizi4832 3 роки тому

    Do you have any expense for trailer?

    • @builtonboxes4374
      @builtonboxes4374  3 роки тому +1

      yes we rent a 53' dry van from Penske and it runs $115/wk plus 4 cents per mile

    • @jessieelfaizi4832
      @jessieelfaizi4832 3 роки тому

      @@builtonboxes4374 is included in expenses?

    • @builtonboxes4374
      @builtonboxes4374  3 роки тому

      yes it’s in the rental equipment number

  • @thirdworldbizness
    @thirdworldbizness 3 роки тому

    At the end of the day, it’s survival of the fittest.