Gave it up

what up

[@goodgasruss]

Just sold our 2015 hino 268 😭 you good G its craaaaazzyyy out here rn trucking industry max . It’s more trucks on the road than freight

[@albertpruitt5630]

Thanks for the knowledge bro..Iam going to wait intell next yr to get a truck

[@apuertorican1773]

I wanna quit trucking but don’t have any trade or degree to make decent money. Damn sure ain’t going back to warehouse work

[@JustTheFacts317]

Feel you I'm in the same boat. That warehouse shit is horrible and the days just drag. With trucking the days go fast to me

[@citi513]

Same thing happen to, I miss the freedom though!

[@wes8491]

2022 tested us all!! Hoping 2023 is better

[@nattydreadlocks1973]

Business is like double Dutch. It's all about when you jump in.

[@AllThingsAfrican365]

Lease trucking is tough with a new truck. Now company drivers are winning

[@dongleek9856]

I parked my truck in April… & my truck paid for sitting behind the house. I drove company for a few months until recently now I’m ready to jump back out there🤷🏾‍♂️🙏🏾🤦🏾‍♂️ ….Wish me luck 🍀 🤞🏾

[@LordEric1]

I paid off my truck 6 months ago and immediately sold it.

[@Beast5seven]

Bout time I’ve seen someone give an honest perception. Everybody making it seem like it’s easy to get a truck and get rich

[@mikethetrucker7643]

You kept 💯 you gotta pay for diesel truck parking insurance Tires maintenance and like you said the rates keep going down it’s hard I got two trucks I can only keep one running there’s no load right now it’s just all bad

[@edwardthetruth8994]

Thanks brother for the truth! I'm thinking about a lease!

[@Troll3r2]

I wanted to do trucking but the way you all talk about the industry now since the inflation, I don’t want to do it anymore

[@jerrycinor789]

Don’t let that hold you back. Go get it!

[@pennyanderson2364]

Totally understand! Unless you are willing to work for nothing right now then ok. But all of your words are my words. It is very hard right now! Stay blessed and God be with you!

[@christiand.7404]

You remember when they said that theres a driver shortage🥴

[@dane6510]

$1040 is rough. Glad you got yourself out of that headache

[@davidguerra9896]

Hey man at least you had the courage to take the leap many people stay their whole life with the what if . I paid 25 thousand dollars too much for a truck because I bought a truck at the worst time it is what it is .

[@time2chill121]

The ups and downs of life. You learned from this now time to regroup and build in another direction. I’ve been thinking of just using my company sleeper and living out of it instead of being an owner operator. Only situation that keeps me from it is my mother is living with me so she needs a place to stay.

[@youcanthide004]

Real Talk🗣 / Proud of You / Stay Healthy‼

[@rulegorgon2267]

Truckers should make atleast 100k a year and only work 45 hours this country needs truckers

[@SouthGeorgiahotshot]

It's tough. I wish people would just let the cheap stuff sit.

[@glcmranger421]

This video popped up, so I watched it. Thanks for the honesty. I have one question. When you were making “good” many in 2021, did you build up an emergency savings fund? I’ve always lived way below my means in order to build savings for bad times. I’m just curious. Good luck to you! At least you quit and saved yourself some stressful days. You’re absolutely right about your truck and trailer…you turning them in early will not hurt them at all. Take care! Now, I think I’m gonna watch a few of your videos.

[@aaronmelson2887]

i didnt have a savings fund in 2021. thats why i failed my lease in 2022. its all good now tho. wont be leasing again.

[@glcmranger421]

@@aaronmelson2887 I just checked out your channel and realized I’ve watched your last two new videos. So, your back at it! Good for you!

[@solvend]

They spent a year constantly saying in front of every microphone that there was a HUGE trucking shortage. They sold you out and don't care about you. They just recruited younger and cheaper drivers for less money. Big surprise, average Joe gets screwed more.

[@derick12331]

I have my truck about 2 1/2 years and it is paid for…. I promise you there are a bunch of lease operators and people who over paid for their truck turning theirs in right now.. I don’t know how people do it paying $800 a week or 1200 a week for a truck note.. I know for a fact I couldn’t do it with the rates how they are…. I will tell anybody do not buy a truck right now there will be a 99% fail rate for anyone buying a truck that does not have a big nest egg ($40-50k) put to the side… and honestly even without a truck note there’s not much more I can take, if the prices go up on few and the low rates keep going down I’ll park my shit or sell it….. and the best advice I can give anyone wanting to get in the business is open your LLC then open a business checking and savings, put your tax money in savings and pay your self $1000 a week or whatever out of your business account and leave the rest in there… I can’t tell you how many of my younger buddies jumped in trucking and balled out of control until they aint 🤦🏻‍♂️🤣

[@daviddonaldson6069]

My truck and trailer is paid off and I'm sitting at home a lot, last time I went out was 2 weeks ago. The rates are insulting. Not the time to get in, wait it out. Been out here 30+ years, and I learned quick, the party never last long in trucking. Drivers with the lowest debt win this game.

[@pacman4937]

Only driving your truck when rates are “high” means you didn’t get paid “high” rates because you have to count the days you made zero dollars. How do you think megas make money? They keep their trucks running 24/7.

[@daviddonaldson6069]

@@pacman4937 What are you talking about, I'm still running but not that much. You want keep hauling cheap freight and it works for you, more power to you.

[@pacman4937]

@@daviddonaldson6069 Let’s do some math. If you make $6000 in 15 days but there’s 30 days in the month, did you make $400 a day or $200 a day? You not running for half the month means those days you find the rate that you consider “high” you actually gave yourself “cheap” freight because you don’t get paid for sitting. I’m sure you won’t understand this concept so keep doing what you’re doing.

[@pacman4937]

@STOETIC You’re lucky. Short runs don’t usually work out like that. People think they can knock out 2-3 in a day and of course never do. The key is to find runs around 500-600 miles. Those usually give you good rates and can be knocked out in a day. Anything over that is usually too long, and the rates are lower.

[@daviddonaldson6069]

@@pacman4937 You must be young, I love being at home and enjoying my free time. I'm not a robot. I prepare for times like this to go fishing. Ever herd of burnout? It's real.

[@DAMotorsports]

F2F partner here scraping by. Paid truck I can’t imagine me having a payment. Really want to go with Walmart but they ain’t hiring in my area.

[@natejames6497]

You weren't owner operator... you were a lease operator... totally different

[@aaronmelson2887]

Maintenance, fuel, insurance, it’s all the same

[@gbossmanfree1034]

Exactly an owner operator would never pay 1,000 a week I don't even pay that monthly for my truck

[@mr.bond2023]

SFI is really expensive. i leased my truck through Schneider 7 months after i got my CDL back in 2015. i was on the Schneider IC board throughout my entire lease and finished my lease in 3 and 1/2 years. i had a ot of money in my maintenance account, which covered my balloon payment. After i got my truck completely payed for i continued on the schneider ic board for another 2 years and this past year i started driving under my own authority. i struggled first starting out cause i didnt know it takes 3 weeks to get the authority active and on top of that almost all brokers require your authority to be between 30-90 days active before they will give you loads. So about the first 2 months or so of applying to get my authority has been the roughest time of my career. you dont know what you dont know. no one in this industry gives people real useful information. you pretty much have to cross unknown bridges and speed bumps as you get to them. But im happy with my Schneider Lease. Im happy with the rough start to having my own authority. trucking is one of those things where you just have to fight to stay alive long enough to get over the initial hardships. once you make it through the opening gauntlet, thats when the money starts coming. when you own your equipment free and clear and your authority is active long enough to get loads from any broker and then you start building relationships with brokers to the point where you dont need a load board anymore ppl call you with a load or you can just call your fav brokers and ask them what they got for you. i say this to all truckers, SURVIVE THE GAME LONG ENOUGH TO GET TO THE OTHER SIDE OF THE HILL. Hang in there gentlemen dont give up. if you fail, learn from it, go get yourself back together and come back and try again.

[@PB-rq1og]

33 yrs and I gave it up.. anyone says they making money lol is a liar... profit is only money maken when you can make a living. My advice! Never lease a truck period.

[@kingdappa5485]

I fw how straight forward you are bro. No corners cut, take it or leave it

[@qbanz00]

Saw the trucking bubble was gonna pop the minute everybody ran to get a CDL . Diluted the industry … now only the strong and giants will still survive… sad but it’s the way the world works

[@reusparx]

Yea man these brokers and rate wild rn !!

[@andrewoldacre1683]

All these companies are in cahoots

[@teamginate3400]

Schnider Trucks are good trucks. But when your starting out as a new owner operator and first time purchase they stick it to you because of the high default rate. Good credit and down payment does not matter. They stick it to you weather you lease Or finance your still going to pay a rate of 18+ percent.

[@darylfletcher5164]

I'm giving it up too. To much bs.

[@michaeldaniels6057]

Stay a company driver save your 💰 and get your own, because lease drivers have to pay the expenses like a owner operator, but a lease driver is a company driver that pays for expenses and what they tell you what the load pays is a lie " let's say a load pays 7,500 from the port's of New Jersey going to El Paso, they'll tell the lease driver that it paid the tractor $5000.00 they have cut you twice, which is against the law and on the books, this is why leasing a tractor is a very bad move,real talk 💯

[@corywalker9498]

Lol 😆 🤣 trucking has stress this man out. .... warning to everyone

[@miochan6414]

Why is the funny to you? Wicked minded people 🙄 😒.

[@JustTheFacts317]

The industry doesn't pay drivers enough. I won't work for any company that pays under 6 figures a year as a company driver. Negotiate your pay. Especially if you have accident and ticket free experience. We are in high demand so don't let a company short change you. I also would suggest hourly pay with OT after 40 hours. Easy to clear 100k . Anything under 100k is not worth you putting your life on the line out there everyday...

[@chrisdonish]

We aren't in high demand, don't believe that lie.

[@djmitchell3464]

That was a Target DC!

[@daviddemastus6488]

This has been a crooked industry for years.

[@katrinamcveigh]

I applaud you for starting your own business. My overhead hit me in June as well and I've been struggling to stay above water. I let my authority go in September and lease my truck on with a carrier. I couldn't give my truck up because I'm literally at the finish line. December is my last month and I'll own my truck. Out of 17 years in trucking this year has by far been the worst I've seen the industry. So hats off to you for even sharing your story and following your own mind and advice. Job well done driver and hopefully one day when things are back on the ups and consistent you'll start up your business again. 👏🏾👏🏾👏🏾

[@michaeldaniels6057]

Never be a lease driver, there's company driver's that makes more 💰💰

[@hoodgood1234]

What a lot of O/O dont realize is that buying a truck securing a fix payment and not securing fix loads is backwards. They don’t teach this… First and foremost buying a truck without having loads locked in is like buying a wrench without a bolt or screw to turn. Most owner ops get into the trucking business on the wrong end first. They don’t teach this, you have to learn the hard way. You should already have your on loads(be your own broker) with locked in rates for the most part before getting a truck, PERIOD! O/O don’t make their own rates… think about it. But anyway big ups to you bro. Keep going.

[@pacman4937]

Forgetting trucking for a minute, almost every business fails in the first 2-3 years. The reason being that most people are NOT meant to be business owners. Just because you can bake cookies doesn’t mean that you should own a cookie company. Most drivers should stay drivers. This video explains why he failed. He still doesn’t understand that it was HIM and that he doesn’t have the business mind needed. The comments cheering him on or blaming Biden also show how dumb those individuals are and why they shouldn’t own a business. They also don’t get it. The issue with trucking is that it’s very easy to start a trucking company with a truck. Your comment was probably one of the few on here that actually get it. Trucking is really a SALES business. You are selling storage space (your trailer). You are negotiating how much your space will be sold for. If you aren’t good at sales then stick to driving.

[@nuhussl7]

@@pacman4937 facts I just said this ... the best comment on Herr

[@w900kw2]

Being a true owner OPERATOR is hard . I cant imagine leasing a truck lol. There aint no money out here right now. Time to go home and work for hourly pay

[@dalp6657]

Honest people is very rare….you are the one…keep going, enjoy life and for sure God will provide all for you. Keep strong.

[@soflodoug]

Wow you made a horrible lease deal. Way too high for payments.

[@alexanderdiaz9978]

You'll bounce right back! You was smart enough to see your situation wasn't working and moved on. You can only gain from experience!

[@coolbreezesl]

I tried doing the owner operator thing for a month and gave it up , was barely making money after the expenses. Now I’m a company driver and make more than I made before with no over head. I’ll try again with my own truck after saving money not this leasing and renting shit.

[@juanwaysniper083]

Where you lease your trailer from?

[@TheStarofRon]

Hey brother I just left F2F Transport for the same reason. Turned my truck in and had F2F recover the trailer. Crazy thing is you didn’t fail bro the country and economy fail you.

[@BigSnead76]

Great info....egomaniac though.

[@alexboogiedowns7535]

You should've paid someone to drive it, but like you said no regrets

[@thechosenpeople2022]

The system is trying to break owner operators they want you dependant on these big businesses

[@906EUP]

It’s a ruff gig. You can’t fault nobody for trying. Much respect to you.

[@justdoitright7128]

To many trucks in the market right now… main thing to do is keep AWAY FROM WEEKLY PAYMENTS. Get a truck on a monthly or buy that truck straight out.

[@DoubleWhopper]

Get ur back to leasing n get ur own truck again 💪🏾🤛🏽

[@Matt-eh7lb]

Lease it?

[@Dreamingbigent]

I think money management is a big factor

[@FirdousDreamer]

Like HTLOGISTICS says lease purchase drivers always loose

[@paetim]

Entertaining. Can't keep a good man down.

[@tarannhill3112]

I left sfi after 3 months. I had 2wks that I didn’t take home a $1! I didn’t have to take the truck anywhere tho, they sent a woman to my house to pick it up

[@wolfilewis7986]

It's always been shitty. Been doing it for fifty years so I should know. When it gets good again, it'll still be shitty.

[@keepasteadyhustlepodcast2593]

What he means by when your ready work you a year or two save all the clients and when you can keep a steady flow off the contracts become an owner operator

[@jajimenez12214]

I hung it up July 1st. I don’t do cheap loads. Many more are going to follow. Economy is going to hell.

[@getiti777]

13k i wouldve fell out! But I never met a rich o/o.

[@willmann30]

Brutha you're speaking hard cold FACTS. Respect to you for not filtering your experience to make it look all glorious. It's tough out here.

[@davis119]

What you going to do next ?

[@thomascarrolljr.5015]

Your back with JB Hunt. Don't look back, there aint nothin but yesterdays news......good luck brother.

[@tommyreed4220]

Owner operator model is dead!I gave it up after 7 years.

[@danielabundiz2187]

Best decision I made was to sell my truck and trailer and became a tire road side service. Now I have my own equipment and work for myself.

[@frederick9253]

I have a 2014 paid for. & I parked my truck. I tried company driver 0.54 cents a mile don't cut it.

[@taputono]

I would’ve loved to take over the truck payments

[@dorsonhess4805]

I'm sorry to hear that. Reefer and van work sucks. Paid like crap sit around waisting way to much time. You should look into open deck. If your a driver and not a steering wheel holder you can make good living. Keep In mind we are in the 18 month low swirl. I wish I came across your video sooner. Could of got you leased on at 85 15 split. 8k to 10k weekly. God bless you man keep your head up.

[@jumpoffjoe6572]

Been out here 32 years, retired company driver on the best coast. Bought (not leased) a truck in Jan 2021. Bought my second in Sept 2021 and just bought a 3rd last week. Started my own company. I drive one and have drivers in the others killin it for me. This market fluctuation isn't new. It'll happen again. Don't give up. Buy a truck with in your means, even if you have a 400 a week payment. Sign on with a good company and operate under their authority. You'll save a ton of $ and headaches. And if they start doin you wrong, you take your truck to another company. Don't give up on being and owner! Just don't lease purchase!

[@belmir562]

You don't lease you don't buy equipment on payments. If you can't buy your equipment cash you don't buy. Period

[@twn28328]

I don’t think I would pay to lease too many free walk away leases

[@salimjefferson6553]

The best advice you can get is to look into your own self.

[@FAAFIYESHOW]

After paying 100K on truck payments, then pay 38000 Baloon 🤮🤮.. Don’t ever lease a truck. Period. You say you don’t listen to anyone dude that was a mistake let’s hope your next truck is a straight purchase with no balloon payments. Leasing is the biggest rip off in this industry.

[@Bhatch65]

First video i watched from you and i can’t help but respect how real you deal it out. I’m a company driver with a mega carrier and i respect ur insight with the owner operator gig. I don’t even have to wish you good luck because i already know ur gonna go out and get urs. Be safe much love brotha

[@CEOofEmployees]

Same lol KZbin algorithm working working.

[@Dogghousse]

Only the Strong Survive!

[@AlexanderBeenGreat]

Much respect big dawg. Most men are too scared to even go into business. It’s all about keeping your peace

[@nicoleb4901]

Do not go into a lease woth a company that you work for. Do not ever do that it's a scam. However a bank financed vehicle may be better but personal finance is good for me.

[@lezellbrown8835]

I love that you put it that way what's good for the goose isn't always good for the gander.

[@edgarme5719]

You're actually getting out at the right time, economy is about to take a nose dive. 2024 will be the time to get in again.

[@codyaugustin3019]

How much was the payments

[@jones4262]

Great video. Companies need reliable drivers too. I am a company driver and I gladly hand the insurance premiums, maintenance and fuel costs over to the company.

[@fieldtechnician5340]

I watched a few of these videos. In house seems like the best way to go. The costs are just too high. Unless you know what your doing.

[@bigmoney1582]

Stay away from the lease program

[@celticsgrizz]

I survive 2 yrs on my own until truck broke dwn and was in shop 4 63 days waiting on parts but I think all this done by big companies n brokers insurance companies coming together to make owner operators lose n turn back into company drivers look how high fuel n insurance n brokers now paying a dollar n change

[@rj31___96]

Quitters quit, should of hopped on Amazon loading board. If there’s a will there’s a way. Cut the middle man out the way and go to the source. Losers always lose. Respect for trying though.

[@extremepicks]

The industry is HORRIBLE now.

[@BRobinson28]

To be honest it’s the new hotshot and the foreign drivers taking the low rates

[@nexus-qb3bu]

Indian drivers teaching everyone how to properly run a business. They will always thrive and buy up more equipments in times like these. Take notes!

[@BRobinson28]

@@nexus-qb3bu Don’t forget that they get the grants for relocating to the United States than we do

[@nexus-qb3bu]

@@BRobinson28 can you tell us all about the name of this Grant? :-)

[@rmart107]

😢 realest video out here ? Tired of the bulls@$& videos talking about making 7k a week profit . It’s nasty out there no profit ❤. Respect for your honesty

[@walkerinmotionllc8618]

Folks have to much PRIDE…I been out here 12 yrs and being honest with yourself is all that matters. Trucking ain’t the same.

[@TillNextTimes]

3:48 Yeah SFI knew u was going be back how can u recommend them but in the same sentence say you going be paying a grip that’s the reason why it didn’t work out that grip u was paying I don’t think u realize that bro😢😢

[@2lost505]

Just find you cheaper truck but direct so you can move where need to be. Lease on to company that does good . or do specialized freight

[@dirtyatl22]

It's rough bro....these rates are TRASH.... my truck is paid for and I'm about to park it for awhile and work for a company until things turn around

[@dustyinc.8]

Smart man

[@Tony-lm5zs]

Best comment on here. Should have parked it months ago.

[@cannabiscove]

NYC will charge you 800 to park a rig lmaoo ya good

[@quincythomas7146]

Hey who was you leased on too

[@Sabir_Ibn_Henry]

The market was trash this year

[@user-pb6ty9ds9o]

Thank you Biden you doing great putting people out of work

[@ycthedon1]

$13000!!! Damn!!