Trucking Case Study: How To Make $2,200 in a Day (in a Daycab) LEGALLY
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- Опубликовано: 16 дек 2019
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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.
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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.
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You're the only guy on youtube that I feel is a genuine person. Thanks a ton for sharing man I really appreciate you!
I agree 👍
I agree.. most other driver act as if they are millionaires and making superctrucker money but in reality they struggling
MizzHoneycutt Honeycut they monetize their channel without valid information.
On god I appreciate this man .
Agreed👏
Cuddy im from STOCKTON CA im Mexican and 28 years old I just got out of prison and I HONESTLY FEEL LIKE YOUR VIDEOS HELPED figure some things that I been wanting to do.
The way you articulate yourself you come off as genuine bro and I am picking up what your putting down. Keep it up!!👍💯💯💯💯
I wish my dad could’ve watched this 15 years ago. Nobody has a clue about the sh*t sandwich truckers have to eat daily from log books, chicken coops, State Pigs, making deadlines, trying to get home for as long as you can etc. Thanks for sharing your wealth of knowledge and hopefully making someone’s life easier.
Jared Ackerman my dad is a trucker, my parents are divorced I can’t ever see my dad only until weekends every 2weeks and it’s sad
And he can’t just go buy frozen food or spend a lot on McDonald’s etc
He just eat canned fruits surviving
@@zerfixxz Enjoy the time you get to spend with him and make him proud of his sacrifices with the path you choose in life my man.
@Joseph Mason you speak from experience or opinion?
Joseph Mason it’s one thing to hear someone bitch, I do it all the time, but it’s another thing to actually have a legit gripe. I’m not here to be a keyboard commando and change your mind I’m simply staring my experience I had driving with my dad in the summer. Everyone think you just get in a truck and drive, easy day right? Nay.
Log books, tandem weight, weigh scales that have different regulations in each state, being away from home for weeks on end, sitting for days on end waiting for a return load and not getting paid, the list can go on and on.
I used to talk shit about airline pilots making us sit for hours on a plane to wait out a storm. Must be nice to sit on your ass and get paid right? Pilots are just like truckers. They sit in a tarmac and don’t get paid until the wheels leave the runway. If the delay is too long and interferes with their FAA regulated sleep schedule they don’t get paid for an entire day.
I learned this from a Delta pilot who was quitting to take a “pay cut” to fly private charter planes. He was making almost equal if not more with private clients since he wasn’t hamstrung by company policy and FAA commercial regulations.
In a nutshell I’ve been wrong more than I’ve been right but I learned that that stupid cliche “walk a mile in a mans shoes” is a necessity before I can judge.
You sir are a legend. Thank you.
Absolutely my favorite guy to learn from and gain knowledge about the trucking business hands down the best information to date
What I do is combine ltl loads that are going roughly the same direction.
• Most owner operators only like doing one load per run. I put multiply stops from different customers on my truck.
Great channel!
How do you combine multiple loads with power only?
I appreciate you taking the time out of your busy schedule to share these videos bro. Thank you
This brother’s videos are GOLD, Great videos man, I’m learning alot.
Can you do a video on everything you need to get started with a trucking company
I’ve always wanted to do local o/o class a deliveries...I admire your business structure!🤜🏿🤛🏿
Thanks for sharing bro .. glad to see some sort of hope in the trucking world despite the economic turbulence in this industry 💯💪🏾
Found me a mentor, I appreciate what you’re doing for all of us truckerprenuers out there, keep it up.
I appreciate the knowledge you continue to share because you REALLY don't have to. Keep educating us bruh & continued blessings. 👊🏾
With due respect, if your first load starts at noon by the time your drive to delivery and come back to your second pick up 250 miles passed( around 5 hrs considering traffic) plus drop and hock 30 minutes each will bring you to 6 hours gone, now its 6pm ready for the second load
I love your videos! They are very helpful. I have had my CDL since 1992. Looking to start my own company soon so I appreciate all the goodies. Thanks for all the info and details. I am a subscriber!
Wow you’ve had yours since I was born I had mines five yrs looking to do the same good luck
Hey bossman...im glad i ran across your channel. Youre 1 of the rare guys that actually want to help guys out as opposed to chasing monetization and posting psuedo-help videos that are really just infomercials in disguise. Best of luck going forward. You deserve success
You a solid dude man! I love your videos!
Screw the idiots, I’m glad you are doing it local. I’m happy your keeping the info to yourself. Everyone wants to steal your hard work instead of doing it themselves
Solid info as always. I’ve learned much from your content.
Bro I pray you & your family are blessed for sharing this information you’ve motivated an entire group of young brothers down in South Louisiana 💪🏾
Good to see you back bro! Appreciate the info
Thanks for sharing brother. I tell people that are interested in becoming a driver that there are many variables in trucking; it's not a "one truck fits all". I'm still new to the industry but I see a lot of drivers that have been in for a while are stuck in their thinking and will not adopt other concepts. Great video!
I really feel like you’re a blessing from God to me and I’m sure everyone else that is learning from you. I’ve been watching you non-stop the past few days. I’m in the process of getting my Trucking Business started and I’ve just about started watching your channel and following your advice EXCLUSIVELY. I have decided that I will be using your consultation services to guide me as I get started. Thank you so much for sharing your knowledge and wisdom.
Very informative for anyone watching your channels. You definitely helped me out a bunch. You are real genuine with integrity, honesty, an truth thanks for all your videos.
David, I’m enjoying your videos very much! I’m in a spot where I’m tired of breaking my back to benefit my employer and I’m considering buying a truck and getting into the business and your videos have been incredibly insightful
Appreciate what you’re you doing bro!
Love how you communicate with your community on your page!
As a new driver 8wks in, my suggestion is: have a pleasant demeanor, smile and engage with as many people as you can (you'll know is open for a chat) and ask questions.
Trucker's can be a little rough around the edges but hard working gals/guys and salt of the earth people that want to help :)
always coming with good information my brother. keep it coming!!!
Love the info! I'm definitely appreciative for you sharing. We need more like you in the community.
Those loads are rare. U mainly need to have a broker settings u up. That's why communication with brokers is good for business. Never be afraid to talk and ask for more. Brokers want reliable drivers
Can you make this type of money as a company driver
August Thompson never lol, you can’t even make that per week
Silver 831cali yea but at the end of the day I don’t think any broker is gonna continue handing out money when someone else will do same job for less. Good relationship is very important but then again it’s a money business.
@@otrookie if you have good relationship and been a reliable. A broker won't risk it. They still have other loads to worry about. My exboss would call brokers every day and often would go for the best rate without really talking. That's not the best way to make money in the long run.
A route and negotiate the price. A broker ain't always going look for who will do for less. They have plenty of loads to worry about. But you do have to be reliable
Great content, big motivation for us young Future O/O.
I’m proud of you! Keep doing your thing young man!💪🏽
Hey David, Thanks for another great video. I don't own my own truck yet, but the guy I work for has an open mind and is all about uplifting our people. So I am definitely sharing your videos with him...
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Hello David,
I hope you are doing well,
Thank you for very useful information you give us.
I am interesting in truck business, so if possible I want to discuss with you more about it!
Find below my email address or you can suggest other contact ways that comfortable you.
Thank you for your consideration, I am waiting for your response.
Cheers,
Mohammed Ahmed
Email: ahmedcapo59@gmail.com
Thanks for the info.
You seem very humble, smart, positive, trustworthy, grateful with lots of good energy. Dont ever change who you are!!!!
do you have a patreon account?
@@dennisechols6080 t3
Your details are thorough.
Thank you for this info. I'm testing for my CDL in about a month and I definitely want to move beyond driving into being an owner. This was helpful. Rock on
Thanks for the video. You always do a good job of breaking things down.
Thanks David for the info
U had to add “legally “ 😂😂😂
You're doing it bro! Keep up the awesome work!
Man I've already watched maybe 10 of your videos back to back and I can't stop watching! you explain everything so simple. Keep posting bro! appreciate everything!
Watchers vs workers. Now I see who makes the money and who doesn’t.
More great info, thanks
I'm glad I found your UTUBE CHANNEL THANK YOU DAVE !!
Thanks bro for all the good info very helpful keep the trucking information coming!!
Merry Christmas from the Diy Semi channel, keep up the good work
Keeping the videos coming, I haven’t started driving but my plan is 2020
Thank you so much!
Thanks for the info man. You always come with some good information. And it makes sense. Good luck out there & keep your head up and keep grinding.
Appreciate the info brotha ! Love what u doin my guy definitely motivating me.
Great Information. Can you please make a video on how you got started in trucking and who put you on to the game. Also, make a video about where you plan on being in the next 5 years and growing your business.
Maybe you already have these videos, I’m going to go check. BRB...
CreateYourLife you need to go watch videos on how to begin trucking. These videos are for guys that have been doing the company thing and are about to head out on their own with their own truck and make big money. This is not the material for the new man on the scene
If you’re running within a 150 mile air radius you don’t need an eld I would maximize that run to my advantage
Isnt that for non-CDL drivers?
Daycab is right every state is different but laws do change so you might wanna check your state laws to see what you can do
Its a federal law. Within 150 air miles no logs needed.
@@Alex0992 what state is that I know they vary from state to state????
Eric Pressley the DOT exemption is actually 100 air miles and as long as your work day doesn't exceed 12 hours you don't have to log. 150 miles is for non CDL drivers. And for both you have to start and end your day in the same location every day.
Great info. Appreciate you dropping gems!
I just discovered you and have been watching your videos nonstop. Soaking up all the info
David, you're doing a really great job here; and the points made in re: analytical and creative thinking...spot on and priceless! I'm absolutely a new fan that'll be in touch.
But you did prove your point good content.
I saw this video when you posted it, and now I'm running on my own and inspire to run like this daily, thank you very much
Great info brother. Good to see people helping out others!
The more monetary value you get.Love your hustle bro.
Ltl loads are good too. You get unloaded pretty quickly with those types of loads. You might have multiple pick ups and deliveries.
Old Young absolutely sir. If you can get dedicated local ltl routes then you’re good
Love the content! Great work
Thanks for the vids. Happy to support a positive guy like you!
I love this information! I'm just collecting the info so when I get my truck I can hit the ground running!
Yo bro i appreciate your channel so much. Out of many videos ive watched these might be the most straight to the point and easy to comprehend. Just want to say that im a complete beginner and was wondering if you can make a video of the trucking industry for first timers that want to get into the business as truck owners. I still dont know where to 1. Properl search for trucks. 2. Where to find a broker. 3. What permits/licenses i need as just a truck owner and where to buy them and what purpose they serve etc. Ive been watching alot of videos but still need clarity on a few things. Wondering if you could be the man to shed light on these things. Anyway i appreciate what you do and the knowledge youre dropping. Peace !
Go back and check his earlier videos bro...hes covered everything you have questions on!
Divine Strength i think the approach for most videos on RUclips is more for people already somewhat familiar with the industry. But what about those starting from zero? Thats where im at.
@@3rdeyesolace and he's covered all of that....Like everything bro!!! I've been searching the internet looking for someone like this for a very long time. I promise you if you go back to his early material...he covers all of that!!! I promise you bro!!!
I like your videos I’m learning from them keep it up bro
One of my high school buddies who has a tractor and trailer and a few of us in our investing group are preparing to start our first run in the next month with our first truck. Im tuned in to all
Your videos to make sure this venture is a success
Congrats on your success. I’m a truck driver that wants to start a trucking business and I want you to know that your videos inspire me. Thanks!
Thanks as always.
#legalloads
#dropandhook
I watch a lot of different channels on trucking and this was a vid putting everyone on game because of this one I subscribed to your channel and plan on watching all your vids to help me further my vision for starting my own trucking company
Thank you for the info. Please continue to feed the community we need it.
*TRUCKING FROM SCRATCH*
Check out my tools + resources designed to help your business succeed:
truckingfromscratch.teachable.com
Dm me bro
I left a message there is more information I would like to give you on what I thought would have helped this other company from losing money on break down and tows etc, if you want you can email me sometime at shaunarodriguez81@gmail.com . I just like to give you some things from my perspective of doing this slip seating work that can maybe help you out 😉
Call me at 786-510-6196
Need to hire you my name is Bilal
Thank you.
waooww i dont even make that here in miami 5 days a week doing local containers 😕 ....only guys i know that make that much in 6-7 days of work is 2 of my buddys at fec and 2 other guys that do ltl for averrit express..... thats alot of miles in one day so i believe it if its before fuel/expensives, but in 5 years here local n some short roads to orlando tampa n jacksonville...Only guys I've ran across that actually share that info of making some big money are some car haulers that do about 500-600miles a day, but dam yea Props to you 👍
Great info bro keep it coming
One of the best I've seen keep up the good work..
How do you handle if drivers call in or quit on you. Do you have a pool of drivers on standby
Roll tide!!!!
@@jameswilliams3153 🐘🐘🐘🐘🐘
What’s up Dave, I been doing research on investing on a truck for OTR and was really nervous but after watching your videos I feel more confident on making that investment, keep up the good work on voicing reality vs fiction.
I did have a question if you had time to respond. I know you said in previous videos about having No middle men in the trucking business to capitalize on profit. But would you consider it being smart and also profitable ? as a beginner investor who solely wants to just own and not drive to join under someones authority first to take care of the dispatch for a percentage between 10-15% dryvan otr and having the insurance being cheaper as oppose to the big out pocket cost to being under my own authority and finding my own work. Just trying to see if I can truly just invest and have someone else keep the truck busy and dispatch while all I do is take care of the overhead and the driver, is this an ideal way to profit?
@@comedianmarley1213 hmm
If you can, buy a truck and stay local. If you have intermodal near by or some type of flatbed work. Stay local. Look for a truck no more than 20k. Doesnt have to be the nicest. I can go more into detail, feel free to contact me. I'm a driver myself.
@@525HP What engine (brand and model) have you known to be one of the more reliable?
@@itsmiguell I'm more fond of the cummins isx, which I actually have right now. The n14 cummins is a great motor, hard to find in trucks since it was before the isx. Detroit engines, more of so the 60series is awsome. Both of those are the least expensive, with parts and easy to get a mechanic to work on. I wont touch any truck with the new def regulations in which they cause more harm to engines in the long run. So anything under 2008 you should be good. Cat motors are good, very powerful, but expensive not only for parts but working on them too.
That’s great brother.thank you so much for your full help
Appreciate this information bro. I'm going to truck school soon and love the clarity and realness. God Bless ya Bro 👑🙏🏽💪🏾✊🏾💯
2200 -300fuel-300/2drivers-220taxes-100maintenance it's still a good 💪$1000 profit you do that 20 days month 20k x 12🤤🤤🤤🤤 oops forgot insurance. Still good money. 200k a year
Who wants to darn near kill themselves. Little to no time to think under your scenario.
A Melek S your not a entrepreneur if you think working 20 days a month is killing yourself.
@@iamOAKland and you seem to be the slave.
i am not killing myself over this job.
and i own my truck- part:na
Your math is horrible....
@@amels4620 The drivers are doing a regular days work, home every night/day, and David is running his business, maintaining established lanes. So who exactly is killing themselves? I'm going to guess you didn't watch the whole video, to realize there are TWO drivers splitting those loads. I've worked longer, harder hours without being anywhere near trucking.
Do you think power only is better than having your own trailer?
this would work if you take these load directly from the customer avoiding the brokers, is where the real money is. But need to have negotiation skills. Customers are more sensitive with lenguages and manners, Is where dispatchers fit.
Lease your trailer.
Paul Reyes there are plenty of articulate drivers who are excellent communicators.
Many drivers can act in a professional capacity.
Don’t make us all out to be knuckle dragging apes
I just got on your channel and you motivated me to start my trucking company. God bless and wish you the best
Thank you for the video. Love your work brother keep it up
3:30 where he gets to the point.
@@itzkobbo3865 First of all you have no idea who is getting rich from this information. Secondly no one gets rich in this industry unless you're a really large carrier who can scale the business up over a number of profitable years. Two thirds of the money made goes right back into running the business and even more if you're a lousy business owner. Third, if you're going to waste your time sending me idiotic comments at least get your facts and grammar right. Otherwise you're making your own ass look pretty stupid.
Chuck Brown *your not you’re 🥴
@@hunterl5078 Yeah.....what he said. 👍
I wish you can help me start a trucking business in a day cab
Eric Santiago , I take it you feel this is insufficient info to start a business? I saw a few of his videos where he pretty much spells it out how to start a business of this type. You may have a different perspective I’m guessing. What information is missing in your opinion?
Man I will love to work for you just the knowledge I have gained watching your videos is enough.
Thank you brother. I’ll be checking out your programs soon!
I'm new here to your channel & I'm really enjoying your content & detail ! Your really give us a clear view of what being in the Trucking business looks like. Thanks ! I'm subbing ! 🤓
A lot of knowledge and smart decisions brotha!. You taking this business in whole another level 💯
Thanks for sharing this info. Keep doing a great job. Glad to see you doing well and sharing the wealth.
I love your videos and how calm you are when you talk!! 🙌🏽😊
Thanks for all the info you give brother
Thanks. Almost 3 years driving. Heard there is bigger $ to be made. Learned more from you today. Appreciate it. Stay safe and prosper this New Year!
I love the videos and content. I’m going to watch the rest of the videos thanks.
Great information brother I just described to you not too long I'm going back and watching all your videos from day one, you have very helpful information I'm trying to move forward in the trucking industry and you're answering a lot of my questions
Great info man...starting up in Houston Texas this year and your information is appreciated greatly...
These concise instructional videos are very helpful. Keep up the good work.
Learning a lot, you have a good teaching style. Explaining terminology, using the white board, and solid presentation presence. Thanks!
Love this content, thanks for sharing
Excellent content! Much appreciated! Thank you David!
Thank you for taking time to make the videos and putting the info out there .
God Bless..
Just started watching your videos. Great info! Thank you!
Great info on your channel I just started my trucking business in 2017. Really like your videos stay hustling😎