Why Trucking Businesses Fail Ep. 2 (Freight Market)
HTML-код
- Опубликовано: 30 окт 2019
- Want to work with David?
Book a Private, One-on-One Consultation:
davidmcgill.as.me
Get Your Free Trucking Business Toolkit:
rb.gy/voclya
RECOMMENDED SERVICES:
📌 DAT [Load Board]
Find more loads. Get your first 30 days FREE here:
DAT TruckersEdge: rb.gy/9lbl7o
DAT Power with advanced features: rb.gy/p83ypl
📌 Motive formerly KeepTruckin [ELD]
Get the best deal when you sign up here:
partners.gomotive.com/p1y9mao...
📌 RTS Financial [Factoring + Fuel Card]
Same day funding, 97% advance rate, and fuel discounts:
rb.gy/3qulgx
📌 ITI, Inc. [Safety + Compliance]
Nationwide drug program, driver qualification files & more.
Contact Norb.Fehrman@itihq.com or (317) 999-6945.
For best pricing, tell him David McGill sent you.
itihq.com
By using some of the affiliate links above, I may receive a small commission, at no additional cost to you. This helps me continue making content like this for you. Thank you.
ABOUT ME:
What’s up y’all? I’m David McGill, a 2007 graduate of Indiana University’s Kelley School of Business, an experienced accountant, trucking business owner, and consultant. I created Trucking From Scratch®️ to help other entrepreneurs start, run, and grow successful trucking businesses by breaking down the business side of trucking.
My NEW channel / @1davidmcgill
📸 Instagram: / 1davidmcgill
🔗 LinkedIn: / 1davidmcgill
🖥️ Website - truckingfromscratch.com
📸 Instagram - / truckingfromscratch
DISCLAIMER:
The information provided in this video should not be construed or relied on as legal, tax, investment, or business advice for any specific fact or circumstance. It's content was prepared by McGill Accounting LLC, with its principal office located at 1075 Broad Ripple Ave., PMB 390, Indianapolis, IN 46220. This video is designed for entertainment and informational purposes only. Viewing this video does not create an accountant-client relationship with McGill Accounting LLC. You should not act or rely on any of the information contained herein without seeking professional legal advice.
Trucking From Scratch®️ is a registered trademark.
©️Trucking From Scratch. All Rights Reserved (in other words, don’t steal my stuff).
#TruckingFromScratch #CloudTrucks #Sponsored #davidmcgill #truckingbusiness
👕 Get your Mind Your Trucking Business T-Shirt: truckingfromscratch.myshopify.com
My dude. God blessed u with the ability to convey, calm, concise knowledge to ALL people. I am subscribed and i rock with ya energy. Real recognize. Salute. Keep'em coming.. ( Lease op thru prime. 2&1/2 in and have $15600 in the bank. Ill be the authority-dispatch-broker-customer model this summer sir...(2&1/2 months i meant to say)
You are such a good teacher! You are answering most of the questions I couldn't even formulate in my mind on how to go about the business! I can see you teaching more on a larger scale! Great videos! You have a new follower!
I'm subscribing now. I have been studying the industry for the past month and have consulted a few owners. The failed ones will tell you the important stuff you don't wanna hear. The successful ones won't tell you much but brag. So thank you David for your honesty.
Basically the successful ones who you’ve encountered want you to learn the hard way or to close you off from information so that it’s less competition for them while maintaining access to top profit. Smfh if that’s the case.
This guy speaks the truth !! Keep up the good vids man 👍
Bro. I payed more than 700 bucks in dispatching logistic course and was given 30 mins access to their load board. God bless your generous genuine heart to help. Your informations are straight forward and gold.keep being yourself. Im sub.
Hey 700$ only 30 min access. Hell it will take longer then that just to understand the new language. Do you think it was worth it and do you feel comfortable to start dispatching?
Hey I’m 19 looking to start a trucking business down the line and I’m finding your channel very helpful man
Awesome content. I really appreciate it! Please keep it coming.
Thank you for your time you give us.
Wow! This video is on point! Goes perfectly with a comment I made on another video of yours... people think it's so simple because so many people advertising quick money.. work from home.. become a dispatcher or broker. More people need to speak the truth. Doesn't mean people shouldn't get into the industry, but definitely don't think its simple... and educate yourself! Love your videos!
Thank you my brotha I’m happy I found you. Big blessings coming your way
All of your videos are very informative.
Thank you soo much! I’m so intrigued and excited for this new adventure. I’m currently still researching, but still lost. Your videos are very informative and straight to the point.
Awesome video man, appreciate it! I think iv seen about all your videos, huge help!
Thank you very much...this, as is all your videos, are full-on good information...You are helping many...😊
This is the biggest golden nugget you could give to anyone thinking of getting in the trucking business. Thank you
You know you enjoy the trucking industry when a truck pulls behind you and you cant stop looking at it. Awesome work bro. Thanks for all the info.
People like you give me so much hope and encouragement to go get my bag in this business. I’ve been researching a lot about the industry and your videos are gold!!
Thank you sir for the eye opening and educational information.
Thanks for your insight
Good video keep them coming
if you dont understand the load board, learn it. it doesn't mean that trucking isn't for you. every profession has a learning curve. now if you don't understand it after being trained on it then yes i agree, maybe trucking isn't for you in that case.
Good morning great information
That's a smart suggesting that you have given it's a great thingI would like to see the drivers who want to own a trucking business drive first to know what their drivers are any be getting into
You get a A+ in my book BRO.
Thank you for sharing your knowledge and your experience. God bless you 🙏very informative.
You are very informative my brother thanks a lot God bless you .
great advise !! Thank you !!
lot of people buying trucks and getting destroyed. like joining the army and going to war but never trained.
Nice video.Thank you for sharing your knowledge .
Im goin to start my own truck business in Malaysia.
Wish me luck.
Brother you're a blessing thanks God bless you with the infos you're providing us is literally golden the big book give you shall receive and I know my will blew and make you prosper
Very helpful Miguel
Thanks Bro, This helpful
Appreciate all the insight, continue to show the love bro.. by the the way if you can give a video on how to develop relationships with the customers directly getting rid of all the middle men
I am only interested in this because, God tells me my Dad needs help to make his dream of starting a trucking company come true, or it won't be the best outcome. He is very busy driving and trying to save up for his truck, and don't have the patience, time or even the knowledge to sit down. He is VERY HARDWORKING and I will NEVER knock that. I just think he's trying to find the easy way out, and if I can help him, while I work on my profession ( film ), I think I have done a good deed. Bankruptcy sounds scary, and I don't want that for him. ( Even though he'll make it back up eventually cause he works hard )
Damn good video bro 💪🏿
Very helpful
Good morning my good brother.good info this morning
So very true bro
Thank You💜🖤💜
All facts brother ✊🏾
Bruh you 💯 percent correct
good wisdom! it may seem obvious to you but to the novice what specifically will one need to type in the google search in order to find the info you mentioned? what is your knowledge background in trucking, how did you get started and what made you of trucking for starting a new biz?
I saw this a bit late! Great advice. I wish I knew the truck was the easy part before I bought one lol
Do these folks that are asking this question have a CDL? Driving a company truck is a great way to find out if you even want to be bothered with owning one.
I agree that driving for a company is a great way to learn. I’m not sure what % of the people asking have their CDL tho.
Preach 💯🔥
Awesome!!!!!!
*TRUCKING FROM SCRATCH*
Check out my tools + resources designed to help your business succeed:
truckingfromscratch.teachable.com
ALL REAL TALK
TRUCKING BUSINESS MODEL BLUEPRINT:
Learn the 8 ways to start a trucking business and see which way best fits you as an owner.
bit.ly/2TstPfZ
Where can I find the best load boards for my area.......ok, you just answered it, thanks David.
Part 3
You forgot to tell the viewers that it’s a demo account and it doesn’t show how much the load is paying or the shippers contact info. The Dat demo load board sucks and you know that. But Your affiliate sales pitch was very good though.
im a 20+ yr. trker, and am being forced down the owner operator path, was thinkin bout gettin a straight truck and runnin it intrastate, since i got so many yrs. exp., i know were to sell my product, but that vid on $2000 a mon. insurance cost! has me rethinking!?!?!
People getting into the business don't realize that money doesn't come over night. It takes time to build relationships with companies. We have been in the trucking business for three years and still learning something new everyday.
What are the benefits of leasing on for an athority? And is it possible to save big on insurance by putting your own truck on the same companies insurance policy?
David, load boards are only good for Semi trucking. What about dump trucks, other than visiting sites. How can you find work?
How different would your business model be for owning 3 or 4 expediting Sprinter Vans? Owner operator w Athority with a USDOT number. I would love to get some of your clever insight on this.
Man, I should have listened to this video before buying a truck. Ended up buying a truck with a much too powerful motor for what we need...
Hi David, where did you buy your truck that mentioned for 13k.
How do I Evaluate a 3PL to learn if they are good , what should I look for ?
David do you suggest I get a dino test and a level 3 test before I purchase a truck?
Is it possible to just get your own authority, and do your own dispatch and get your own loads off the load board but use only owner operators to run your loads and not need to spend money to buy a truck..(Pros and cons of this option? )
what is the best GPS tracking to add on a truck?
buying a truck maybe easy for some people, however i would like to differ here in that, many people don't have the money to buy a truck and would find this part a difficult task to accomplish.
We need truck and authority just to even take a look lol👀
Which pays more as an owner operator percentage lds or paid by mileage?? Thanks for input McGill.. PEPS
Percentage pays more than mileage
Some can't manage money
Information from a Drivers perspective would be helpful. Thank you.
Sorry but I’m not a driver
330,000 miles
I just watched your ep 2 on Why Trucking Businesses Fail, I am thinking of getting my own authority, but I was wondering if the link is still available to the load board?
Yes it’s in the description
@@TruckingFromScratch I should have about the free load broad!
For those wanting to try those free 30 days of DAT usage… you have to already have a DOT number. It sucks that you first need that number before checking to see if your area is worth trucking from. 😞
Just enter 1234567 as the DOT number
That's what happened to me.
Smart enough to purchase a truck 330,000 pounds. Turbo gone out.
$10,200 Plus $900 in towing
Got my 30k back. Do I continue or stop?
Rates sky high now, but what goes up, must come down
Don't understand what you're saying?
So are load boards like DAT and truck stop are they brokers that already got ahold of some of the money befor they posted it on that board
Yes
How do you get your own authority and how do you set yourself up with a broker.
FMCSA to get your authority each 1 costs 300
Being a drugdriver opp truckdriver it easy , this is my advice , if u dont wanna headache work for company , if u want make more but headache then get a truck be your own boss ,
no link
It’s in my description
100
Should I truly believe you have a trucking business? Because I do believe by about 70% but I feel like maybe this channel is a divergent to one of your consultation business or something. Can you please reply to me proving to me that you have a trucking business. I do love watching your videos, they give me confidence for my possible trucking business.
Thanks for your comment, but I’m not trying to prove anything to anyone. My channel isn’t about confidence; it’s about step by step. Best of luck in your possible business.
@@TruckingFromScratch No for sure! I’m not trying to be offensive or anything, just want to make sure of that sir. I’ve watched almost all of your videos, I do have one concern when it comes to trucking business. Is there a way for me to make sure my drivers are not taking advantage of getting paid by the mile? Let’s say for example, they take longer routes to get more mileage. I was thinking maybe having a better way to pay to stray away from that, but it is a little complicated.
How do I get your email address? You are such a great teacher and Would love to communicate
My friend told me that he got business from app truckstop.com
lazy for real.... microwave generation......roll your sleeves up and go to work.
Lol I saw this message too late
That's bad advice. The way I see you new drivers out here you need that expierence.
Learn the freight market is bad advice?
Tell them to spend five and ten years out on the road as a company driver first before they even think about being a owner operator
I don’t necessarily agree with that though. Someone could spend 10 years as a company driver & still not understand the freight market bc company drivers don’t have to find & analyze loads.
@@TruckingFromScratch that's fine but as a 30-year veteran even as a company driver I've got my own loads to Brokers load boards excetera excetera and you're right even people out here that long still don't get it sometimes but I still think the experience is a heck of a lot better than going out there with I guess cold feet and finding out the hard way
That’s horrible advice. No one takes 5-10 years to open any business
Not true. I drove 3 years as company then got my own authority. I didnt know about rates but i had an idea how i wanted to run. Its common sense guys. Low overhead, and adapt quick. Alot of trial and error