>Very difficult question to answer. There is no firm guide
>as too what a New expediter might want in a truck.The smart
>ones stay small and see how their income is and go from
>there.Other folks rush in ,then they over buy,the income
>cannot pay for the truck plus their lifestyle needs and they
>fail.
>Sometimes they listen to individuals who paint a glowing
>rosey picture as too their future income and wind up
>loosing their trucks,get a bad credit rating,possibly
>fileing for bankruptcy and so on.
In addition to answers to the questions toes asked, this thread features advice for newbies; namely, start small and work your way up.
Another approach exists that is frequently mentioned by numerous Open Forum members. That is, start with a fleet owner. You can then sample the business without having to lay out a dime of your own capital for a truck. Your income does not have to be a mystery before you buy a truck. In fact, if you don't have a good idea of what your expediting income ALREADY IS, you probably shouldn't be buying a truck at all.
Projecting your income based on the experiences of others has limited value. You simply won't know how YOU will perform as an expediter until YOU actually step onto the field and try to score points of your own. You can sit in the stands, cheer others on, form opinions, and analyze the game as an expert commentator for years. But until YOU actually suit up and get in the game, you'll never know how YOU will do.
Allow me to share an Army story to further illustrate my point. At the Fort Benning, GA Officer Candidate School (OCS) my classmates and I had to complete a challenging program to earn our commissions. We knew going in - based on the school's statistics - that perhaps as many as half of us would fail. But we had no way of knowing who. And of course, everyone believed it would be someone else. We'd done our research. We knew what to expect. We were not going to give up no matter how tough it got. We were ready! Bring it on!!! Huahhh!!!
One day, about half way through the course, one of our exercises was to walk blindfolded off the end of a 3-meter-high diving board while carrying our web gear, rifle, and being dressed in heavy BDUs and combat boots. When we plunged into the water, we were to remove the blindfold and make our way with all equipment to the side of the pool and climb out. The task worried none of us. We were enthusiastic young studs with muscles and endurance honed by the physical training we did every day. Compared to many of the exercises we've already completed, this would be easy.
One by one, each Officer Candidate (OC) climbed up the ladder, got blindfolded by a TAC Officer, walked off the end with a loud battle cry, made a big splash, plunged deep down, surfaced, and made his or her way to the side. As we waited our turn, the show got boring. There was no challenge; nothing to worry about. So we chatted with each other, or used our few moments in line to study the class notes we carried in our pockets.
Then all of a sudden, the shrieks of a panicked soldier echoed through the field house. We all looked at the diving board where one of our own stood. He'd lost it. He was trembling, screaming baby talk, and trying to escape. When the TAC Officer tried to calm him down, the OC panicked further and while still blindfolded fell off the side of the board. When he surfaced he was coughing up water and floundering about. The lifeguards calmly hooked him with long poles and dragged him out. He was immediately hustled away, presumably for medical attention. We never saw or heard from him again.
No one, not even him, could have predicted that. He entered the course fully expecting to succeed. His chances appeared as good as anyone's. But something came out of nowhere (in this case from within himself) and took him out.
Expediting is full of surprises. I've seen folks leave the business with little to show for their efforts after being at it many years. Why? Each story is different. Sometimes their poor performance has more to with personal issues than with the industry. It might have been bad decisions or a family illness. It might have been that after several years of doing it, winter driving became frightening. A good work ethic may have given way to a poor one. It could have been booze, a bad relationship, or a new casino addiction. The problem(s) might be too much truck, too little truck, or have nothing to do with a truck at all.
In a business where today's high flyers can become tomorrow's failures, it is unwise to presume that if you simply do what the high flyers do, success will come your way. The fact is, you have no idea how YOU will do until you get into the game. The safe way to do that is with a (good) fleet owner.
Put yourself through the paces. Run with a fleet owner long enough to prove in the real world what kind of gross income YOU can generate and what kind of business manager YOU really are. Face the challenges. See how you react. Find out if you can make it or not. You'll learn a lot about yourself. And you'll learn which truck is right for you.
Every day in expediting is a new test. If you succeed as a fleet driver, a whole new set of challenges will rise when you become an Owner/Operator. If you succeed for two years as an Owner/Operator, the third year will test you all over again. While the basic tasks of expediting are relatively easy to master, performing them in settings that constantly change can give rise to demons you never knew were there.
When selecting your truck, there are a host of factors to consider. I'm not going into them here. I'm writing now simply to say that the question, "How do I keep from going broke when I buy a truck?" is not the best one to ask; and that the advice, "Start low and work your way up." is not caved in stone.
A better question to ask is, "What do I have to do right now to achieve my goals as an expediter?" Ask it several times a day; and understand that the answers will change with your circumstances and mindset.
If you ask, "How can I keep from going broke if I buy a truck?" you're focus is on going broke. If you ask, "What do I have to do right now to achieve my goals as an expediter?" and if your goals include owning a top-end truck, you'll likely see truck opportunities that are there for everyone, but invisible to those that are starting low and working his way up.