Ep. 124 : $18k in 15 days! Power Only Trucking Income for Sept 2019 Volvo VNL780

[@peterlisyak5396]

Definitely enjoy your time with your daughter while you can, because they grow so quickly. Happy travels and keep it shiney side up

[@Augiebracerofam]

Glad you are doing well. Thank you for sharing your experience. Family first! Have a great day!

[@eugenejensen576]

She is so cute reminds me of my daughter when she was that age they grow up so quick enjoy the time

[@DreamInspired]

Way to quick man. Driving me crazy!

[@kerrylemoine3943]

Hey buddy! As long you get paid, that's all it matters. I do understand wears and tears in truck, keep it updated. Your daughter getting big and energy, LOL! They won't stay little no more. My 2 kids getting big fast. Like an old saying, "Don't Blink".

[@Petefamily]

Those are industrial air conditioning units. I used to haul them out of Oklahoma.

[@marccurrier475]

You are doing good .ex driver some people don't understand free time with family is important. After paying business and some personal bills for 15 days logged. You are doing fine. Hang in there. Your insurance is high it will get better with time .your car insurance in Florida is hi too. But that's what it is. Just keep running miles.

[@okieroofer79]

Huge fan! I am in the process of starting my own hotshot business. Love the ending of the video, I’m pretty sure my daughter has the same shirts! Hope to see you post more!

[@LARGERTHANLIFE21]

I make 4,400 net a month and I'm one of the lowest paid at my job, driving local in the northeast working 6-11 hr days delivering grocery pallets

[@marthaazegba4342]

Thank you for being so generous, thoughtful and so true. With $ 350 start-up i made $ 3,100 Thank you for keeping your words and being the real you @Charles_forex09 on IG

[@salman3591]

Do you have a CDL?

[@toddstanley4450]

Stop hating and everyone knows up north is a different type of work

[@cosican7274]

Beautiful family and a happy pretty daughter! Keep it up my brother! You're an inspiration, for your family is the inspiration itself. I will get into it as soon as my driving record gets a little more straight lol. I've done some dumb decisions while driving unfortunately. I saw your video from June 2019 while you were with your RAM 5500 sleeper. Pretty cool truck and content itself. Also, i have a huge desire to settle calmly down for myself but first, for my family, for my future fiancee and my daughter also named Eliana who is going to be 1 year old in August this year. This times of becoming a father changed me a lot, and i am thankful to God for everything i have. Be safe out there on the road and have good smooth trips. Vaya con Dios my friend.

[@cosican7274]

If you ever get to Phoenix, Arizona. Feel free to hit me up. I'm sure i got lots of stuff to learn from your experiences.

[@jakeb.3918]

I see a lot of unmerited criticism of @Dream Inspired and a lot of, “company drivers this and that.” The truth is, no matter what he’s making month to month, he’s following his dream, (hence the name) and answers to nearly no one. Oh yeah, not to mention his nearly endless potential. Js. 🤷🏻‍♂️. Moral of the story, you do you and do what makes you happy.

[@dmoney630]

I’m in Boynton beach Florida too keep up the good work 💪🏾

[@DreamInspired]

💪🏻💪🏻

[@Larrymar07]

I really admire your energy, dedication and tenacity to never give up. I don't haul anything (except ass) _ I am almost 70 but miss the road. God bless you brother.

[@reewinner]

😂😂😂😂😂😂😂

[@petesmalls08]

Actually, ass is the best thing to haul. LOL!

[@travishays3666]

You can pickup jb hunt trailers drop and hook for about $1.80 a mile

[@DreamInspired]

I’ve done a few JB Hunt... I’ll only mess with their crap when I’ve got absolutely nothing going on. Did 10 loads, each over $1.80 a mile, 2 for over $3 a mile... My problems tho were short hauls so high PM but low Gross Income. Also long load times, over 2 hours to load. Long unload times, over 2 hours to unload... I end my day after doing 2 loads, with barely $600... I did have some good loads, but those weren’t daily loads. And even if they were, I still do better of TruckStop load board than JB Hunt. Not saying it’s a bad gig, but my company would drown if I ran only JB Hunt Power Only.

[@jasonjohnson5799]

i am self employed a lot of people think make good money but just like you they don't see all the hidden expense love you brother god bless be safe

[@DreamInspired]

Had that conversation 15 times today... everyone wants to take home good money, but most won’t go the mile to make it happen.

[@Just_Drifter]

$3500 for the whole month sounds like you should turn your truck in and go run as a company driver.

[@DreamInspired]

$3500 left after all the bills... Including the over $5k in personal bills. Are your company drivers making over $8500 a month by their 2nd month in?

[@Just_Drifter]

@@DreamInspired as a team yes. But that $3500 is still low for the month even after expenses and fuel. Might want to look at what your spending out of pocket on and see if you can cut it out to increase your take home. But at least you have KZbin money to offset the losses. The important thing is that you do what makes you happy. I'm just giving my two cents as a driver of over 12+ years on the road.

[@DreamInspired]

You still didn’t get it... I’m grateful for advice, but we didn’t take home $3500, we took home $8500 and was able to $3500 in the savings account. The missing $5k covered my personal and at home expenses... Cars, ins, mortgage, food, daughters 2nd birthday party, and more. Add in that $2500 I made from YT that month and my NET was $12k +/-. And keep in mind, this video is a year and a half old when I only grossed $18,500 that month... What about my months over $25k? Over $30k? I’m grateful for advice and I read as many comments as I can, but I get a lot of money making advice from guys who have never seen a $15k net month on just their trucking business. And brother I’m in no way shape or form trying to come off as a dick, I understand the info in the video is a little misunderstood sometimes and I do apologize for that. But for just my 2nd month, the semi with no experience, you gotta admit that $8500 isn’t bad at all lol.

[@Just_Drifter]

@@DreamInspired I didn't hear the $8500 all I heard was the $3500 NOW knowing your monthly take home WAS $8500 after truck payment fuel truck insurance that is a pretty good take home amount for being your second month doing power only. As an O/O anything above $1800 a week take home is always great.

[@itsxjustin1]

That’s like 1,500 a week, I make that doing LTL

[@patrickparker8752]

Don't be concerned with the haters. Everyone wants to compare what they are doing and make their job sound better. The most important thing is the peace that you get on the road driving solo, and the time at home that the money affords. You can always make more driving the entire month, or driving teams, but that would soon start to suck. Keep on truckin!

[@blainelott1230]

I really like how you break it down. Reading the comments everyone’s like 3k...They also aren’t thinking you can pick and choose. You can go home ANY time you want if need be. 2k profit in your pocket after ALL your bills were paid isn’t too shabby starting out imo. I’m really interested to see how all the other months worked out for you and to see how much time you took off on those months. I wish I had the credit and money to get into doing power only. Keep up the good work! Stay safe out there boss.

[@Ristermogers]

Aw man lol Atkins Virginia is where I grew up, I know exactly where you're at

[@SoldiersofPeace2012]

I would love to see a breakdown of your expenses, like the spreadsheet you use... that would give me a better idea of what and how to figure things when I start my own business! I am a spreadsheet kinda guy! Great vids man! I emailed you too :)

[@Philthaentrepreneur]

Working on the same things

[@adrielvelasquez9598]

Man starting the business in soflo is killing the gains you should think of getting a small shop or something with an address somewhere in the woods in GA or Alabama

[@DreamInspired]

Moved the business to GA over a year ago lol. Still live in FL so getting in and out means a lot of dead head, but we’re saving a ton on expenses with the business being in GA.

[@adrielvelasquez9598]

@@DreamInspired nice I'm thinking of doing the same I was doing business up in PA fot the past 3 yrs and just moved back to soflo 4 months a go and open a llc down here but it doesn't look to good business wise... keep up the good work and giving us info stay safe.

[@DreamInspired]

@@adrielvelasquez9598 not wise at all. Got a buddy who actually moved his family to NC to save on them expenses. For me, all I had to do was open a GA LLC and move my drivers license to our property there. Took almost no effort to do and saved a lot on my insurance

[@adrielvelasquez9598]

Nice to know thanks for the hint 👍👍👍👍👍👍👍

[@Gearjammer741]

Great information. So is 20% enough for me to think what I am doing is worth while? Well ok two sides to that. First side is it's better than nothing so I can be greatful for that. Second side is that that's only $48,000.00 average yearly before taxes. As a minimum that's a little low considering there are a multitude of positions in trucking that pay $70,000.00 plus. I have a friend that makes 100k and he's home every night. I wanted to own my own truck when I was 24. I bought my first truck when I was 48. I needed the steady income driving for someone else to raise my kids. Sometimes you just need to look at the long game. Safe travels.

[@DreamInspired]

I see exactly where you’re coming from. In my expenses, which is something I guess I should have included in the video, this also covers my 2 personal vehicles their insurance and fuel costs, my home bills and food costs minus the mortgage... So my $3325, minus $1350 for mortgage, leaves my pocket money around $2k after everything.

[@bfe671]

Looking at doing power only as soon as I get a truck. This hotshot business is just not worth it anymore. I had two partials the other day totaling $1.40 a loaded mile. I’m getting out!

[@DreamInspired]

$1.40 a mile is not bad. I do a ton of dead head and a lot of times, the dead head and loaded miles together put me less than $1.50 a mile. My load for tomorrow is paying $2.54 per mile loaded... But I’m dead Heading 260 miles to get the load... All miles puts me around $1.60 and that’s only because it’s going over 700 miles and it’s a specialty RGN load that requires chains and binders. Sept was a good month. But over $2 a mile doesn’t happen every day. Realistically, around $1.50 loaded is pretty typical.thats why I do over 13k miles a month.

[@joebrings5817]

Brandon what's ur truck and trialer hotshot setup?

[@bfe671]

Joe Brings If you’re referring to the hotshot setup, it’s a 2015 GMC 3500hd Sierra Denali and the trailer is a 2019 Big Tex 22GN 40’ with mega ramps. But that setup is no longer registered as commercial and I only haul shipping containers with it for one guy locally. The semi I bought should be on the road before the end of this month

[@joebrings5817]

@@bfe671 Damn I was looking at a similar CDL setup but getting my own authority and doing my own thing. My minimum price per mile w my weekly salary and all expenses included was only 1.28$ @ 2500 miles. That's also with all brand new equipment. Hope ur next move works out better 4 u. Best of luck and thanks for ur info!

[@dell7054]

@@joebrings5817 how much was your gross. I am thinking about going into hotshoting.

[@Runndeep]

That's alot for insurance, 2600$. Wow, I pay almost 1100 per mon. I have 100,000 trailer interchange and workmens comp , but I've been in business 5 years. Your doing great it'll get better, bless

[@DreamInspired]

My second year I’m now at $2121. 50k interchange and no work comp. Saved $6k on my renewal so that’s proof enough for me that it gets better over time

[@Runndeep]

@@DreamInspired trust me it'll love you back, stay with it. Most guy I talk too about what i do think it's not worth it, but my bank account says different. In this game you have to be willing to chase money literally. There's more opportunity inside trailer transportation than most know about. Stay safe and bless (Runndeep)

[@IronWhiskey47]

Currently I am paying drivers 20% per load. And they do not have to worry about expenses coming from their pocket. The truck pays for its own expenses.

[@ahmadal-hmaid8376]

You are the best 👍👍👍 Good job

[@truckerjon7255]

Good see your doing good . I see you been busy that's good safe journeys be safe out there.

[@qs2364]

When you got your authority did you have put down that you'll be hauling more than just general freight since you haul all kinds of trailers? And what kind of freight do you tell your insurance you'll be hauling?

[@captainpapi3370]

I like your content but absolutely loved the ending.. Im a girl dad too! 😄 shes adorable lol

[@fundsfordad]

Nice video ! Seems like you the owner driver should get a bigger piece of the pie ! your doing great job tho ! safe travels !

[@Ristermogers]

Should do a pro/con comparison video of hotshot vs semi!

[@dedwards535b]

Look into having an address in another state. Register your truck for that state. Insurance will be cheaper like probably half or just a little higher. And your business will have to be registered in the same state. That's if you don't want to move. I think Tow Pigglet had a video about that.

[@DreamInspired]

Lol I gave him the idea for the video 🤣 way ahead of you. I saved $6k moving from Florida to GA

[@redwood6737]

@@DreamInspired do you live close to South Georgia hot shot

[@DreamInspired]

REDWOOD I live in south Florida but my business is now located in North Georgia in Rome

[@strubies]

.25 cents a mile take home pay? So if you run 100k miles for the year you only make $25k ?

[@SubZeroLogisticsLLC]

That is corrrct.

[@Spontaneousadventures]

This guy might as well get a day job 🤦🏽‍♂️

[@everythingbyjohn]

Love it man! How would u compare power only to hotshot? And why did you stop hotshotting?

[@emmanueljamison830]

thanks for putting out everything you put out its very helpfull. i have a question. me and my buddy are trugling to fine a trailer. and after watching your vids about power only i wanted to know is there anything spesifice that i need to be able to do power only. like isurance endorcments etc... thank you

[@DreamInspired]

You’ll need $1M auto liability and $100k cargo which are standard in the industry, then also need Trailer Interchange insurance. Some carry $30k but that closes you off to a lot of potential work. I carry $50k and hardly ever get turned down for anything.

[@harveyweinstein8937]

@@DreamInspired how did you find an agent?

[@DreamInspired]

Agent for what? Insurance?

[@harveyweinstein8937]

@@DreamInspired yes

[@DreamInspired]

Email me. [e-mail]

[@slachaxehunter]

whats better a used volvo 30k and trailer 8k for owner operator or hotshot with ram 3500 mega cab ? which is better ? can you find loads alone in the 2 business ?

[@tp4016]

Get the Volvo but you don’t have to necessarily buy a trailer. You can rent a trailer for 400 a month and get a new one whenever you feel the need to. That’s what my ppl do. I’m in Mississippi though.

[@MrDrako2004]

@@tp4016 from what company I can rent a trailer for 400/month?

[@russelpasague6841]

Thanks for the videos I’m still in school but once I’m done and got my cdl I’ll be contacting you just asking how much the start up you need to buy a truck like your and just pull other people stuff thanks bro I’ll be following your videos .. thanks in advance ..

[@DreamInspired]

Looking forward to seeing you out there sometime

[@kirkbrown2147]

Get some driving experience before you buy a truck.

[@chevyliebling]

I'm about to finish my CDL and get into your field. Been watching you for a minute and I honestly appreciate all of your content. I have a question for you... Being that you've done both Hotshot and Power Only, if you had to do it all over again, which would you do first?

[@spacecowboyrides4762]

Idk if it's worth it. I get paid 20% of the load and I'll do is drive for a company that covers all expenses. Watching your videos I was interested in buying a truck but now I'm thinking of staying with my company.

[@DreamInspired]

20% isn’t the number to look at... What the 20% represents tho is. The end income being $3,325, that’s after all the bills and expenses, including my personal bills... All except my mortgage at least. So at the end of the bills, and the mortgage, I had around $1,950 left in the pocket. Not to mention it only took 15 days out of the month to do and January was just under $23k which I haven’t gone into just... Not telling anyone what to do, but You sure 20% “take home” isn’t worth it?

[@jeremyhughes2655]

@@DreamInspired Unless im missing something, that seems like a terrible investment. There should be 2 profits, 1 for the company, 1 for the guy handling the labor. 20% is a great return for the company only, but then you should be paid for performing the labor above that. No way I would even consider those numbers. 20% net to company while earning for labor and now we are talking.

[@DreamInspired]

Jeremy Hughes you missed a lot there. 20% was True Net, after all business bills and expenses, and personal bills and expenses. 20% is what was left over. Take out the personal expenses and just include the Net after business, we’d be in the $7500-$8k range, around 45%

[@kashflo05]

Dream Inspired 45% to 50% take home after fuel is the standard so your numbers are about right, you confuse some of the viewers with your personal expenses, those are not apart of the business, just purely business numbers you are doing good, also you could of made more but...... the daddy girls are our weak spot. So congratulations on a good month. A good rule of thumb in trucking is usually if the truck gross 20k you should be keeping 10k after fuel and truck insurance and truck payments and tolls etc....

[@ameehasa5504]

Hello sir how much the price of this car and how many miles and model I got the permit I try to get the school to get CDL pls advice me thank u

[@elarabichallenge2367]

Good job Could you please tell me how you get your loads?

[@kashkash1541]

Your child is so beautiful. Goodluck buddy.👍

[@KarollFernandez]

Hi, good video! In which load board did you get the target's loads?

[@DreamInspired]

Truck Stop. I do a lot of work with brand new trailers from Utility. There are a lot of brokers who post their loads.

[@stephenmwangi5332]

Wow like this hope one day I will be trucker in usa

[@dougspruill2530]

Would you mind sharing an excel template (empty of course)?

[@kingdomseeker88]

Great realistic numbers 👍🏽 Most folks like to brag about that GROSS 💰 #deivesafe

[@DreamInspired]

Thanks for the support! Net was around $8500. I made a mistake in making the video and didn’t clarify that I added my personal bills in with the numbers. Made it a little confusing.

[@waynemiller8617]

How does it compare to hotshot bring home income and working expense?

[@crashnburn586]

How many pounds can you you put in that Refer unit?

[@Jarvis_aka_UgunnH8This]

I don't think people are really getting that you are stating the 20% as a TRUE NET income on basically a 1week on 1week off scenario. For me a 20% net income is very acceptable. Look at it like this, if you can achieve a 20% true net then for every $1000 you make you have $200 for your fam to save/spend however you please. Sounded like a great month to me brother!! Keep doing what you do!

[@DreamInspired]

Thanks for the support Jarvis! I lucked out big time with my target trailers that I took as they were quick and easy and both locations were 24hrs. If I would have put in that week I was home, I fully believe I could have been over $23k for the month.

[@JS-jv6rg]

Did you have to talk to your insurance to add dry van, flat bed, tanker? Or are you able to just haul without doing that?

[@DreamInspired]

You’re required to carry Trailer Interchange on your insurance. I carry $50k coverage

[@scottsymons6152]

Are you going to be at the Mid America Truck show in Louisville, KY?

[@DreamInspired]

Most likely not. Too busy focused on income lol

[@musicalgapattack3583]

That insurance is outrageous. If it wasn't for that I'd say you're making a pretty good amount of money.

[@DreamInspired]

Yeah insurance is bad. That’s what we deal with having a Florida based business

[@sebastiendurand9367]

Try great west insurance?

[@fitzroywilson4120]

I have a empty flat bed in Maryland that I need to come florida can you pull it off

[@DreamInspired]

Possibly. Email. [e-mail]

[@BaldwinAlba]

You can make that type of money as a company driver.

[@DreamInspired]

You can take home $8k before personal bills, and still have $3300 after as a company driver? I need that link so I can get signed up.

[@drewmurphy2796]

Dream Inspired is the 8k take home after the expenses for the truck? Or is the 3300 the take home? Little confused, thanks!

[@DreamInspired]

Drew Murphy after the business, after the Volvo. Before my personal.

[@drewmurphy2796]

Dream Inspired gotcha, do you miss hotshot? Or happier in the semi?

[@DreamInspired]

Drew Murphy thinking about getting a step deck to get back into freight lol. Hotshot was fun. I’m more comfortable in the semi tho my costs are a little higher, income seems to be a little easier to come by sometimes. I do miss the fun tho

[@Its_Melv]

Making 20 percent of what the truck makes it about 25 cents a mile you can make way more than that company being home every weekend and not have to deal with all the bs of owning a company.

[@Philthaentrepreneur]

Your suppose to left the trailer not lower the bag unless it was too high

[@nathanhoag9243]

Once again. Great video.

[@colleenoloughlin3970]

Nice video! Question. I've been looking at Power Only loads on Indeed. Turns out those jobs are mostly posted by logistics companies (dispatchers) looking for PO drivers. However most of them require you already have a trailer or rent/lease one. Doesn't that ignore the point of being Power Only (tractor only) moving other peoples trailers? Thanks

[@DreamInspired]

If it requires you to have a trailer, that’s not Power Only... That’s freight whether it be dry van, reefer or flatbed, if they require you to have a trailer, that’s not Power Only. Power Only is just what is says. Just the Power Unit Only. You move their trailers in a Trailer Interchange agreement

[@philmccrackin4872]

What are you using to find loads?

[@1ocasey]

With power only loads what kind of insurance would you need to have.

[@DreamInspired]

Standard 1M liability, 100k cargo... Plus Trailer Interchange insurance. I recommend 50k coverage

[@vipeensonawane2608]

Hi अनलॉक मत कर

[@rayclifford9001]

I am lease on with a company doing the same work, im looking into getting my own authority in Florida...do you have a transport plate,how you get it?

[@DreamInspired]

I don’t have a transport plate but I don’t need 1. Brand new trailers don’t require 1 if going from manufacturer to customer. Your paperwork covers that. And don’t do anything in FL. Insurance alone is will take you for every penny you’ve got. I moved my company to Georgia and saved a ton. Email me if you need an insurance guy. Mine moves mountains for me any time I need anything! [e-mail]

[@truckerbc2648]

Driver which is the best load board for power....???

[@jamessoho6124]

Jason open a LLC in Wisconsin, u can get cheaper insurance, I live in Florida too, but I have a summer place in Wis, so I'm going to get a Wis Drive lic and LLC there too and plate my car in Wisconsin, lm also going to haul RV , me and my have 90 acers with a campground! So just a idea on to save insurance money, plate that truck up north, if u want help, I can handle your mail and forward everything once a month to you for about buc day, or you could use my address but rent a P.O. Box in town and they can forward it, ,lots of truckers do this, because 33% don't have insurance in Florida, that's why it's high! Well good luck, l would of bought your RAM , but I think I might get a 3500 or 4500, u think a 3500 be ok?

[@DreamInspired]

As long as it’s a 2021, 3500 or 4500 is good. The 4500 of course comes with bigger wheels and brakes so stopping power is greater, plus they are more heavy duty for your front heavy loads. Don’t touch the 19/20 models tho. The CP4 pumps are fucking everyone. As for insurance, I not have a Ga license and I switched my authority to Ga. so my insurance dipped a lot! I’ve got a top notch insurance guy who moves mountains to keep me and all the clients I’ve brought him super happy!

[@jamessoho6124]

@@DreamInspired thanks Jason for the info on the Rams and I'm glad your saving money now on insurance, FL, is screwing everyone, I was hit in 2019, there fault and my rates dbl and it's cost 6 surgeries, good thing it was a co. and they have have a million in just auto insurance, so I'm hoping to be back to work, but watching has changed my plans, my back ground is marketing too, I want too get my auto auction license also and buy almost new RVs and sell them at my camp ground and online, plus I can make a few bucks haul a new trailer or whatever it is to get too the auction! But I really thank you for posting, it's helped me out alot, a ton of paperwork and insurances, which some states you must apply, I don't know if I need all those states, but if I have a load going there, should be able to turn that around online if needed, like wide loads, if you want to buy some land in the Midwest , so you have a place too stop over, my brother has a home building factory in IL, it's called American Built Systems, you can pick the home up there, we have 20 drop deck trailers u could use, FL out of your way? I love here and will always keep my home here, but the big money is up north! Well let me if you ever have questions, my cell is 941.275.8000 James, thanks again, be careful, I wish u would beef up your bumper on your rig, u know how people drive? Oh u have a Cummins in that rig? And do u miss hotshot?

[@johannaaaa]

Hey, you mentioned you live in FL. How is it for trucking? You said you usually don't get loads out of FL...do you get a lot of home time or are you on the road a lot since you have to deadhead out of FL a lot? Me and my husband were looking to move town to Tampa (we're in NYC) but DAT doesn't seem to come up with a lot of local loads for FL. Have you tried Amazon relay?

[@scottsymons6152]

Interested in what company you pull for as a power only? Started looking at new trucks recently. Getting the itch to get back out on the road again. I've seen one company on the internet the does power only. Drop and hook trailers of all different sizes and shapes would be interesting. What do you do for health insurance?

[@DreamInspired]

There’s a ton of companies out there doing it. JB Hunt, Covenant, LandStar etc. You can lease on and most guarantee Gross around 3500-4500 a week, all legal no touch loads for drivers like myself with their own authority. For me, I’d need 6 weeks in a month to make things work with that but depending on your bills, you can do pretty well especially with a team driver. I own my authority and dispatch myself off the load boards so I work for pretty much anybody. As for health insurance, I’m covered by the VA.

[@DreamInspired]

Message me on IG or FB and let’s talk more.

[@mikeschmidt3810]

Good information.

[@mauriceharrell1762]

Which load board would you say is the best for power only?

[@DreamInspired]

TruckStop

[@danieljohnson4223]

Videos dropping on a Monday morning... gives me something to do while waiting at a shipper

[@DreamInspired]

✊🏻✊🏻

[@sammywar]

So does power only mean just the semi truck not paying for a trailer? Cause I’m kinda confused

[@TheFreightlog]

I just got my truck only and DOT active (not yet MC#)..I have the phys damage/bobtail insurance of course...can I pull PO loads with no primary liability/cargo and just my DOT#? Do I need to get my active MC#? My main question is insurance...even though I have to get BOC3 filed to activate my MC#...what is needed as far as insurance to pull PO? Thanks.

[@DreamInspired]

To do power only, you need an active MC with standard 1M/100k insurance requirements. You also need what’s called trailer interchange insurance. I have $50k on that. I know other guys with $30k or less but in a lot of cases, brokers and good paying loads will require $40-50k minimum.

[@TheFreightlog]

@@DreamInspired Cargo?

[@sergiobecerrajr4528]

Dream Inspired, im thinking about doing the same thing , California only tho, i have a day cab Peterbilt, do you see alot of work on the power only load board on Truck stop ? I should be ready to go in about 1 month...

[@DreamInspired]

Man I just did 75 days out... Stayed running almost the entire time and that’s just using the TruckStop and JB Hunt load boards

[@patrickparker8752]

I run Power Only in NV, CA, OR, & WA. Lots of work on Convoy App and its free. Best loads in the SoCal area.

[@stupendouslife8128]

Jason, what year is your Volvo? At what average speed are you driving? What's your average mpg?

[@DreamInspired]

2016, 70, 6 Average weight I’d say is around 60-65k Something to note, I have the EX model which is the economy model. From my understanding, this would make a better single axle hotshot truck than a heavy haul truck so my fuel tends to be worse than other trucks

[@carloshoward2758]

Were those loaded trailers or newly delivered ones

[@DreamInspired]

Brand new deliveries fresh from Utility

[@carloshoward2758]

@@DreamInspired hey my brother of the highway I appreciate that response. My job is set to end in August. I’m going to get a truck and look into power only. How would I come across gigs moving new wagons like that?

[@DreamInspired]

I found these up on TruckStop.com Sad to say they don’t pay as much these days but there’s still profit to be made. I pull most from Utility in Atkins, VA

[@carloshoward2758]

@@DreamInspired ok 10 4 a lot of guys don’t give the power only the respect. I appreciate the advice and I’m going to save that information.

[@darrendickson4692]

Did you make more take home doing power only or hotshot?

[@turyalaykhan3794]

Bro try amazon relay i heard they have good loads.

[@philfredericks5198]

Not all the time

[@sweetness2689]

What broker or loadboards are good for power only loads?

[@cancerqueen5896]

Adorable little doll. I bet daddy's girl😊😊😊😊😊

[@RagnarLothbrok1969]

Hey brother, was wondering if you shopped around for your insurance or went with one quick? I recently got my own authority and and I gave 4200 down payment and pay 1700 a month. This is with 1 million coverage and 2 million aggregate and comp, 100,000 cargo, general and non trucking liability i'm also power only so i also have trailer interchange. You should look into amazon as well if you dont already do that. . Basically all the insurance that amazon and uber require. I have had my CDL 11 years now without ever getting a single ticket or anything. My truck is a 2012 cascadia since I also know some of the insurance cost has to do with the value of the truck. If you would like info for my insurance agent so you can shop around, feel free to ask. I'm out of Miami by the way. Good luck to ya brother and nice truck.

[@DreamInspired]

Hey brother, that’s some good info. For me, my insurance is 1M/150k/ 50k interchange. The business end costs roughly $425 a month and the truck is the remaining $1700. 2 big factors for me are that I’m still in my first 2 years with a CDL, and I have an at fault from 4.5 years ago... Backed into some in a parking lot. Nothing I can do about that. My first year, I’m insurance was around $600 a month more but my 2nd year has been far better and it’s all thanks to my agent out of Sunrise. I relocated my business to GA and pushed him hard for the lowest rates... I quoted many other options too... As for Amazon, I looked into it but honestly, i would never be able to gross what I do now, plus I’d always be loaded heavy and putting my stress on my truck unlike now where 90% of what I do is brand new trailers and I’m rarely $2 or under... I am tho very interested in hearing you out on it as I do keep my options open. Are you on Instagram? If so, add me, let’s set up a time for a call! 👍🏻 @Dream.Inspired

[@cxh4493]

Dream Inspired great info

[@eugenejensen576]

Safe travels and God bless

[@thompsontransports-tti95ll44]

I like that Maxwell quote :)

[@robertallred2368]

Are you expected to insure the customers trailers that you haul? Look into hauling propane in your area. My insurance is under $600. Per month and on a good month can make $20K gross.

[@DreamInspired]

All trailers need to be insured. If you are moving someone else’s trailer, you can carry trailer interchange insurance which covers unowned trailers.

[@moonrunnerlife1640]

I make 7600 a month driving team. 8m im out 26 days and home 4 days a month. 7600 take home

[@DreamInspired]

That’s awesome man! Not a bad number at all! If that your company or do you drive for someone else? How many miles do you average daily/weekly? If you can stand being in the truck with someone that long you can make really good money. 🤣 I can be a bit short tempered at times but if I had a team driver, which I’ve honestly thought about, adding to what my current numbers are, we should be able to gross around $40-45k. I would probably pay the team driver around $0.60 +/- cents per mile depending on if I covered meals, showers, etc or they covered their over head. Finding the right driver would be the hard part tho.

[@strubies]

Most solo company drivers make $6k per month with out having depreciation, maintenance costs or self employment tax. Plus the benefit of health insurance and 401k contributions. All things to consider but just keep em turning no matter the capacity

[@moonrunnerlife1640]

@@strubies 100 percent I am with you

[@keepyourjobkeepyourjob7530]

Do you use factoring?

[@melvinkeller1466]

Are the prices you gave With fuel surcharge or not

[@Mutahir512]

Who you working with (company)

[@DreamInspired]

My own.

[@michaelkeagy8096]

Sounds like you are doing well keep up the great work like your videos keep em comin

[@jonathancaro3427]

Do you run into trailers that aren't road worthy?

[@armandodorta1169]

Hey do you have to have your LLC , DOT# and what else, thank you

[@DreamInspired]

LLC, EIN, Bank Accounts, DOT, MC, BOC3, UCR, Insurance. If you plan to run CDL, you also need IRP and IFTA.

[@armandopichardo8488]

How do you find stuff to move .?

[@robertesposito9871]

That $2600 a month for insurance is because you have your own authority right ?

[@DreamInspired]

Yes

[@aka.butterball.turkeycoole5630]

How u doing brother what company you work for thank u

[@DreamInspired]

I work for me. Never worked for anyone else in the industry

[@meselthan]

what's Power Only?

[@tonem427]

Those look like Cooling Towers or Chillers.

[@punkinhed]

$3,000/mo Doesn't seem worth it. I make $4,000/mo being a company driver and probably spent a lot less time on the road than you. Home every night. However, I am looking at becoming O/O anyways. I think I have a good deal coming up. I rode along with the driver that hooked me up with this opportunity, he made $9,000 in 5 days; after all expenses. I think there are better opportunities out there. But do what you enjoy.

[@GuldeScott]

$3325.93 take home in a month! Thats not sustainable.

[@DreamInspired]

You sure? $3325 left in the pocket for whatever I want after all the bills and expenses isn’t sustainable? I mean if I take out my personal vehicles and personal expenses, I’d be around $7500 take home before that. $3325 is True Net. Only thing not included is Mortgage at $1350 which is covered else where...

[@GuldeScott]

@@DreamInspired I would like to see what you included in your business and operating expenses, because that seemed quite high. Also, you were only out for 15 days, so 3325 in 15 isn't terrible. But I would be hoping for 3k a week after expenses.

[@DreamInspired]

Yeah no I don’t know any truckers who’s true income is over $3k a week let alone doing those numbers legally, after all expenses , and as a single driver. I’ve heard guys saying they did numbers like that in the past, but that’s a rare find these days.

[@bradgrimm6982]

@@GuldeScott Let us know where you are seeing that 12k a month profit after personal bills are paid on power only. Every single person in the industry would love to hear from your sources.

[@dominicmejia849]

So is this drop and hook ?

[@bladiflores641]

Where do you get your loads from

[@kinglouis9298]

Bro get you a trailer i grossed 33k in 12 days. Companies take money off the top

[@dpill36]

You’ll probably make more as you get more experience but you should definitely be making more than $.25 per mile you can work for somebody else and make $.40 a mile and drive in their truck. I believe you were doing way better as a hot shot weren’t you

[@DreamInspired]

The money definitely amped up with more experience. 1 thing I’ll add tho is the 25 cents at the end... That was after all my bills and expenses, including personal except my mortgage. Write off everything lol. After the Mortgage, I still had around $2k in the pocket after everything. I been looking, haven’t found any employers paying out like that.

[@dpill36]

I enjoy watching your videos. Your insurance will be cheaper after three years it’ll cut in half.

[@william8653]

Would you say this is way more profitable then hot shot trucking?

[@DreamInspired]

That part depends... Hotshot wise, I have 1 friend who did $26k a few months back, another who did $25k and another who is lucky to get $12k. I have 2 friends doing power only, 1 does around $16k a month and the other runs teams with his wife, they drive 18 hours a day and do around $32k a month but since they are married, everything after expenses and bills is take home. You can make profit anywhere, the secret to success is in keeping more of it. If I didn’t have 2 2019 vehicles in my driveway at home, I’d be saving around $3k a month between the bills and fuel... And those vehicles are included in my numbers here under expenses. A semi can be stressful, the maintenance is triple the cost in some cases. But they can easily last 5-10x longer than a 3500. Plus I’m far more comfortable in this thing 🤣 but even so, the 3500 had less in maintenance costs, far less in fuel costs, was so much easier to get in and out of places, easy to load with that low Load Trail I had... there’s benefits in both. I know I kinda blur the line, but you can make money in either... Question is what your expenses are and how much you can have left in the pocket at the end of the month/money.

[@william8653]

@@DreamInspired you are so helpful I cannot thank you enough for all the advice. I Have about 40k to invest would you still go through Enterprise or just buy truck and trailer that way you own it? I'm just wondering what would be a smart move?

[@william8653]

Oh yea and is a 3500 better then a 5500 or would you say there about the same? I know the 5500 can handle more i just saw alot of your videos and seen you upgraded to that badass 5500 from your 3500!! Does the 5500 last longer? Drink more diesel/fuel?

[@william8653]

@@DreamInspired your buddy did 26k in one month that's bring home or before expenses?

[@DreamInspired]

First part, 40k or not... I paid cash for my sleeper on the 5500. Looking back now with experience, it was cool and yeah the single KZbin video I did on it has paid back about 35% of my investment already, I would go with the enterprise long term rental over everything.

[@robertesposito9871]

Do you have your own authority

[@DreamInspired]

Yes

[@robertesposito9871]

@@DreamInspired guess I’ll be be leasing on for a while, but you had your own authority when you had your hotshot, nothing changed with your authority going from hotshot to big rig except maybe insurance right ?