What do you think an o/o or independent should PROFIT?
#91
09-19-2008, 03:04 AM
Originally Posted by charged
Let's say 0 is even. Well, what is -1 ? I'd say it is less than 0. If I start with 0 dollars and lose 1 dollar I would consider it a loss. If I start with 0 dollars and end up with zero dollars that is breaking even. I've lost nothing I've broke even.
What could you have done with the capital investments you made in the truck,trailer and time if you didn't use it to run to break even? Bottom line breaking even is a loss
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#93
09-19-2008, 05:23 AM
Originally Posted by GMAN
Your time has value. If you waste your time then it is time that is lost forever. When you operate a business and only break even you have essentially lost money since you have wasted your time. If you don't consider your time to be of value, then you have lost nothing.
#95
09-19-2008, 06:28 AM
Re: What do you think an o/o or independent should PROFIT?
Originally Posted by lowrange
Is anyone besides Bandit's Cousin or anyone in a niche that just pays well above market rates, is anyone making a buck a mile? Don't most O/O barely make company drivers' pay?
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#96
09-19-2008, 06:31 AM
Re: What do you think an o/o or independent should PROFIT?
Originally Posted by BanditsCousin
Originally Posted by lowrange
Is anyone besides Bandit's Cousin or anyone in a niche that just pays well above market rates, is anyone making a buck a mile? Don't most O/O barely make company drivers' pay?
#97
09-19-2008, 06:55 AM
I suppose you're gonna tell everyone about my $1.50/mi load of 3 little pieces to get me home for the weekend too, huh Big Shot? :lol:
Sure....tell everyone on CAD... Just don't tell them about my $3/mi backhaul to the coast :wink: So...I read the rest of this thread after I got excited and saw my name mentioned... PROFIT I don't pay myself a wage/mi. I can't consider what's left to be a profit if I pay myself a wage in that too. If i have a house, a car, or buying a bag of M&M's off a charity at a truckstop on the road, I can't consider that an expense either. Whatever is left after fuel/truck repairs, tolls, lodging, etc etc, that's my profit. Whatever I have going on outside the truck like hobbies , kids (if I had any), or housing isn't a factor in how much I made. Everyone has their own math, and whatever works for one, may not work for another. When I tally up my receipts at the end of the year, and subtract that from my 1099, I get profit.
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#98
09-19-2008, 07:08 AM
Originally Posted by BanditsCousin
I suppose you're gonna tell everyone about my $1.50/mi load of 3 little pieces to get me home for the weekend too, huh Big Shot? :lol:
Sure....tell everyone on CAD... Did ya call your honey today and tell her how your day was? HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA
#99
09-19-2008, 07:21 AM
The chick is crazy. Wants me to buy her a car. I'm sleeping in my truck, and I live 20 minutes from my agent...
...does that tell u anything? :lol:
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