I talked to a friend of mine at CHR today...

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  #21  
Old 11-10-2009, 10:54 AM
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Originally Posted by GMAN
It is often more a cost of labor rather than out of pocket expenses. The real costs to the broker is minimal compared to the owner of a truck. The owner of the truck can spend thousands of dollars before he makes a nickel.
Labor has no cost? With that reasoning your "labor" for driving also has no cost. I'm sure you expect to be compensated for that the same as any salesperson would.

I also have trucks so i am fully aware of the costs. A new customer can run 1.3-1.5 ratio in the first 60 days. That is a far higher cost than a truck.
 
  #22  
Old 11-10-2009, 11:21 AM
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Originally Posted by GMAN
There will always be those who place a low value on their services.
Sounds like that "performance based pay" thing you've been espousing may not be working too well for some.

Evidently the "performance" is there, but their pay is not commensurate with it.

.
 
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  #23  
Old 11-10-2009, 11:59 AM
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Isn't it time for you to go to work? Maybe it will snow and you'll be busy for awhile.
 
  #24  
Old 11-10-2009, 02:11 PM
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chris I think he was talking about his own labor, there are no true "out of pocket" expenses for his own labor.
 
  #25  
Old 11-10-2009, 02:42 PM
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Originally Posted by allan5oh
chris I think he was talking about his own labor, there are no true "out of pocket" expenses for his own labor.
I understand the theory but cash or not if you "donate" your time and don't "pay" yourself for it you're only fooling yourself.

I know some O/O's that "donate" 2-3 days a week waiting for that good load of a few hundred dollars more. If you would not accept it working for someone else why you not want it from yourself?

Time is finite,you can't get it back. Your time spent on something should be compensated(or at least allowed for) in your final pricing. What i was referring to was if you spend say 20 hours to get a customer and only to make a minimum amount your time spent was for nothing.
 
  #26  
Old 11-10-2009, 08:57 PM
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Originally Posted by chris1
I understand the theory but cash or not if you "donate" your time and don't "pay" yourself for it you're only fooling yourself.

I know some O/O's that "donate" 2-3 days a week waiting for that good load of a few hundred dollars more. If you would not accept it working for someone else why you not want it from yourself?

Time is finite,you can't get it back. Your time spent on something should be compensated(or at least allowed for) in your final pricing. What i was referring to was if you spend say 20 hours to get a customer and only to make a minimum amount your time spent was for nothing.
Please tell me your not one of those guys who believes... A load on my trailer and wheels turning I'm making money, regardless of what it pays as long as you don't have to lay over types?
 
  #27  
Old 11-10-2009, 09:05 PM
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Originally Posted by allan5oh
chris I think he was talking about his own labor, there are no true "out of pocket" expenses for his own labor.
Your own labor does not effect your cash flow, but looking at it realistically you have to give it value and determine if doing what you do is really worth your time. Everything has a trade off, so accounting for your time and putting it into perspective helps you to realize where you stand.
 
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  #28  
Old 11-10-2009, 10:37 PM
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Originally Posted by chris1
Isn't it time for you to go to work? Maybe it will snow and you'll be busy for awhile.
Just got home again & saw this.

I'm always busy, it's just a matter of what I'm busy with.

As for the snow, I think you're well aware it's been too warm for that in our neighborhood lately.:lol:

Most of our equipment is ready for it now though.

.
 
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  #29  
Old 11-11-2009, 10:42 AM
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Originally Posted by Les2
Please tell me your not one of those guys who believes... A load on my trailer and wheels turning I'm making money, regardless of what it pays as long as you don't have to lay over types?
No i don't believe that. But if your costs,including your labor exceed the additional moneys gained by waiting you didn't accomplish anything but a loss.
 
  #30  
Old 11-11-2009, 10:53 AM
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Originally Posted by dobry4u
Your own labor does not effect your cash flow, but looking at it realistically you have to give it value and determine if doing what you do is really worth your time. Everything has a trade off, so accounting for your time and putting it into perspective helps you to realize where you stand.
It's far easier to understand the monetary value of time when you have employee's. Unless you're the type that doesn't pay for sitting waiting for that good load. I'm sure that these type's would scream if they worked for someone else and were told to sit a few days for nothing.
 



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