How I Started In Hotshot as an OWNER OPERATOR & What Did It Cost Me? (Full Breakdown) How to Start!
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- เผยแพร่เมื่อ 25 ก.ค. 2024
- How I Started In Hotshot as an OWNER OPERATOR & What Did It Cost Me? (Full Breakdown) How to Start!
In this video, I share How I got started doing hotshot and what my expenses were leading up getting leased on. This is just what I did to get started and is just my opinion. Hope it helps some of you out there looking to get started and give an idea of what some of the upfront costs are.
Thanks to my boy John @stallion_hauling who helped me out with everything getting started 🙏🏽
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#noncdlhotshot - แนวปฏิบัติและการใช้ชีวิต
As a twenty-year trucking veteran, and 2.5 million miles, I’ll say it right here--trucking is a cut-throat business. You’re chances of being lied to if you start a trucking company is nearly 100%. Shippers and trucking companies will tell you a million lies to get you through the door, but then once you start hauling for them, the reality is uncovered. Expect to make 70% as much as they told you you’d make. Also, expect to work 10 more hours per week than they promised. Too much government control and regulations. To make good money, you will need 3-4 trucks running. If you can’t afford this, the only other answer is to buy your own truck and go out on the road. Consider trucking to be like a college education. There are no books that will tell you how to do it, and other owner operators are hesitant to help you since you will be their competition. If you're looking into starting your own trucking company this 2023 then I will recommend you look into getting a Governmental business grant. I was approved and awarded $280k as startup capital. Today as a company owner, independent owner operator running under my own authority, 11 years running under my own authority. I do a 15 -16 day run. $25,000 in line haul is my goal. Every month is a 10+ day vacation. I run a reefer and only spend $16,000 to $21,000 a year in maintenance. After taxes, fuel and licensing I profit $190,000 in the bank. There is no short cut to success. Get your own authority and work open broker boards for trips. You will never see the big money off this industry as a COMPANY SLAVE. I wish everyone reading this comment a successful business week.
Very informative, appreciate you.
💯💯💯 agree! Company slave if you allow it. Get in and get out and do your things. Just need a plan to do so. Without one, you get caught up very quickly and there goes 10-20 years like that. Appreciate you sharing this info…you got great advice. Now it’s up to the rare few to get access to those resources to take advantages of grants and such. I always like to remember too, that what worked for me may not also work for you 🫡
Im interested in started my own trucking company in the next 12 months I know nothing about the business and doing my research now. I'm really looking for a mentor and someone to help show me the ropes if you ever had the time to speak with me and correspond you would be helping a man who wants to help himself and his family. Please let me know if you would be interested and passing your knowledge down and helping a man make something of himself. God bless you have a great day
Thx my for this information well spoken I to would love to own operate myself I have about 21 years but in and out at times, got back in it and been in it for the last 9 years this June be 10 years consistently how ever I live in the south so I have lots of knowledge in farming/ agriculture and even chemical in fertilizer… I come from a king history of trucking so it’s my passion, with this being said I started my llc a months ago and now would desire my authority. Idk if this is the right time thought as far as economy wise. Any insight I would appreciate and also how you get the grants also thank you!!!✌🏽
Great information thank you so much
As soon as you can grab one.
Get a Hensley TS3 trailer saver hitch.
The thing pulls like butter, smoothed out those Nebraska highways for sure
Lookin forward to more videos on the process man you got me thinkin about gettin in the game amd puttin my truck to work!
Most definitely bro! Thank for the support!
I’m learning so much and am wanting to do this so much now. Great video man. Be safe out there.
It’s great that your learning as much as you can. Appreciate the support and for watching!
I just got my cdl, every endorsement! Yes manual is all I've driven 3 months in running doubles and trips!!!! But im digging this hot shot style!
I currently drive dump trucks and tow heavy equipment. I’ve been looking to get into hotshot, thanks for the information brother. Safe travels !
That’s what’s up. How long you’ve been doing that ?
This is very helpful. I appreciate this content as I am entertaining the thought of starting a logistic service would definitely love to do hotshot as well. Thank you.
Great video!!!...Your really inspiring me to go out and do this, keep the videos coming
Thanks bro!! New video every week 🙌🏽
Loved the videos. Ive been wanting a career change and this caught my attention. What did you do before hotshot? I would love to see the country and still get paid without driving a 18 wheeler. Thanks again for content.
Got to your channel because I’m doing my research as well. Got a truck already 17 F250 diesel. Just looking at different ways to get started whether leases on or being my own LLC. Thank you for the info and look forward to seeing all the rest of your videos
Thanks for watching! I went leases on based on my experience with the industry, capital and support when starting. Overhead and handling the paperwork at first can be tough. Good luck with everything!
any updates on your journey?? just starting up also!
Thank you can’t wait to see the future finances. And lease owner operated video
Love it! Great info for the newbie, much appreciated 👍!!!!
Thanks for watching! Glad it helped!
Appreciate it bruh I’m getting all my credentials run order and start hotshot trucking.
No problem man. Good luck with everything!
Gotta make the best of everyday, I drive tankers and I always love talking to the hotshot drivers on the road. I have really been considering going owner operator and doing hotshot. Great video thanks for all the helpful information.
Couldn't agree more! how long you've been driving tankers?
@@HotshotMacc 3 years straight tankers hazardous chemicals of all sorts. Very laid back and the money isn't bad for a company driver. However I would only change to become and owner operator.
@@Josh-by9fvHello Josh,
Your response reminds me of my husbands. He drove a company truck carrying hazardous material.. then I set up him up as an owner operator! And the rest history💰💰 Let me know if I you need help with the process of becoming your own boss.
@@lsmckethan I need help with the process
Great video Tim thanks for the information. 💪🔥🔥
For sure bro! Thanks for the support 🙏🏽
Great simple info! Thanks!
Great info bro! I was looking at eventually trying this too & appreciate your take on it👍🏽
Glad it was helpful!
Huge props for doing what you can, with what you got. Too many hold themselves back if they don’t have the dually with 40’er. Keep grinding brother.
Man I appreciate that! I thought the smartest thing to do was wait until I could get a dually but once I found out if can be done with what I have I made the decision to just do it. The bigger equipment will follow in time 💪🏽🙏🏽
@@HotshotMacc What truck do you have? It looks like a twin of my 2021 Ram 2500 Laramie.
@@bradleyspear167 I wanna know as well
Brother can I call u I’m tryna start my business
@@garyjames4059 did you start hotshot
great stuff bro. I'm gonna watch ALL your content. thank you!
Thanks bro. I appreciate it 💪🏽
Your a cool dude, thanks for sharing the details.
Thanks. That was the straight skinny. Putting a dollar amount was great and doable. Have fun by the miles.
I too had signed up with ACE Kings Acadamy, but with the covid during 2020. I had to put it off, I thought about just doing the Non-CDL Hotshot. I probably won't make that much money, but at least I'll make more than I'm doing now at my regular job.
Exactly what happened to me bro! Better than waiting man. You can always get a cdl down the road!
Thank you for this video. I plan on getting into hotshoting when i come home. I am currently living in Sydney Australia and will be home in a few months. This content will help me get up an running. Thank you again✊🏽
Your welcome bro just continue to do that research 🫡💯
I just found you. I like the way you explain it in detail. Thank you very much!
Awesome man! Thanks you for watching!
Awesome information and totally motivating, mad respect to you and I pray you’re as prosperous as you can be. I’ll have questions soon stay safe…AMEN
Hey man I really appreciate that bro! Thanks for the love and support!
Thank you for the video! My husband and I are about to get our business started dispatching and hot shots, and your information is incredibly helpful!
Glad it was helpful and you are very welcome!
Just make sure that you follow all of the FMCSR. Just because you aren't required a CDL doesn't mean that you're exempt from the FMCSR. If you have a DOT Number you have to adhere to all of the regulations.
are you leasing your authority?
like to other people
I have in rent a 2019 load trail 35 + 5 ft gooseneck trailer 25900 gvr 15k axles
I’m here cuz you got a bad ass Ram I’m about to get my Class just need to test out , thinking my pops can do hot shot thanks for the info!
Thanks for info! I'll be seeing you on the road soon.
Thanks bro!
I appreciate the info on the video, very informative huge kudos to you for your success! I am interested in venturing into this field, I understand that you can lease a truck for this type of business, where can I go in order to get more information in regards to facilitating a truck if I do not have one.
Thanks for watching. I purchased my truck, so I really don’t know how to rent/lease a truck
I’m currently 23 years old working as a box truck driver for a FedEx contractor here in Oregon .. Only 1 year in so far but I plan on giving hot shots a try maybe after 2 years of experience with my current job
Your on to a bright future bro! Love to see the hustle at this age. Keep going 💪🏽💯
So glad i found your channel I’m looking into doing hotshot 👍🏽
Welcome to the Fam!!
Great information and detailed with truth. Will be tuned into your channel ma man !!
Thanks bro!
I would love to get rolling with this process. I already travel a lot for construction but driving is something I love doing. I think what's really motivating me to start is knowing I'll be working for me. Awesome video 🙂👍
Thanks bro and if driving is something you love then it can be great. But you definitely have to have a love for it. Appreciate the support!
I appreciate the info bro helped me out alot ima start following u now
Thanks bro! Glad it helped a bit!
Super cool... getting intrigued and excited... I'll probably meet you on the road sometime soon bro!!! Thanks for the content, super helpful
Most definitely bro! And thats dope man! I might see you out here it’s a small world 💪🏽💯
Thanks dude, I have been checking out video 's for some time. You've help me a lot. Just now putting together my plans for a business line... Thanks again P& P transport
You're welcome, P&P Transport! I'm glad the videos have been helpful for you as you plan your business. Wishing you all the best with your endeavors!
Congrats on this accomplishment
Thank you! Really appreciate that!
You gave a great start up tutorial. Very helpful. I enjoy your channel brother. Bout to start hotshot trucking this month myself.
Glad to hear that bro!! You got this!
You are awesome for doing this bro 😎 God bless you and your family with more! Love and peace ✌️ baby
God bless America!
Thanks man!
Well presented! Very informative and inspiring. Good luck and stay safe!
Appreciate that man! And likewise.
THE BREAKDOWN OF EVERYTHING YOU SPENT WASNT BAD 14k isnt bad at all
Yeah bro I think its ideal for starting the way I did 🙌🏽
14k is great. That is some tight money management right there.
Question for either of you two.. I'm so intrigued about the business and looking to learn more. Im wondering if I could do hotshot out of stlouis but be able to come back home every other day. Not be gone all week long. Is that hard to dispatch?????
Just retired from the military and I’ve been searching about get my own business, this video got in my way and it’s a really good idea as a truck driver in the military really liked content of your videos bud.
Solid video! How long did it take you to recover your startup costs?
See I've been really looking into getting into hot shot driving and been doing alot of studying on wear I wanna do automotive hot shot or rv. Hot shot and trying to figure what I need to start with and I think starting out with a 3 quarter ton dodge or ford is gonna be my best bet to stay under the 12ton wieght limit so thanks for the great info I'm only a 22year old trying to build something for my self
That’s whats up bro! Love to see guys your age looking to build something! Definitely do whats best for you bro but your on the right track!
If u DNT have CDL make sure u have 26000 lbs an less different states different laws
Thank You for the video. Very good information.
Thank you so much for the information. I really needed that. God bless you bro.
Glad it helped! Your welcome brother!
Thank you for this video. Just subbed and looking forward to seeing many more of you videos. Being a line cook just isn't enough money anymore lol.
Welcome to the fam! That’s what’s up bro🙏🏽
Good video! I've been a leased owner for 2yrs, with no plans to get a MC! I love the company I work with. Hope your leasing experience is as good as mine.
Thank you brotha! That’s great to hear! So far it’s been great, no complaints!
@@padintrucking7237 no. They don’t want to recommend you.
do you mind telling me who you're leased with?
Where are you leased upon at
Can you share who your leased on with, my husband is currently researching a company out of Ohio that he wants to lease on with it includes the insurance with a gas card if you don’t mind sharing who your company is so my husband can research.
Great info for the newbie!!!!! THANK YOU!
You welcome bro!
Good video. Finally found someone who isn't afraid to tell the numbers. Salute.
Most definitely bro! This is what it is when I started 🫡💯
Thank You.I currently have a CDL and drive for a company in Wisconsin but I’m ready to do my own thing.Pay is good but could be better.Hotshot hopefully is hopefully more rewarding and with a smaller vehicle can’t beat that.18 wheeler P&D is tiresome.I like the breakdown you have and appreciate the knowledge you shared.Keep trucking my friend.Subbed!
im 17 and finna work on getting my ged then my cdl and i want to hit the road with a 18 wheeler for a couple of years then start my own hotshot company im just gathering up as much information i can until its time to start it
I hear that bro, I started of leased on and just recently got my own authority. I’m glad I chose that route bc I was able to learn a lot. But own authority is the way to go if you intend to scale and grow the company. Hope it has all worked out for you man. Thanks for the sub and the support!
@@HotshotMacc .
Hows that going so far?@wassupguys9443
Personally think leasing through another company is way easier. I’m a lineman so I already have my CDL and i already have a duramax so next thing is a trailer and I’m saying adios!! Companies are avg. anywhere from $4k-10k a week and that’s absolutely insane. I already travel for work and doing it this way seems way easier on my body and can’t wait
Man definitely! 🫡💯
Awesome video and great info brotha! I’m located in Houston as well. Subscribed! 🤘🏻
What up bro! Appreciate the support man! I’m meeting a lot of guys out of Houston. H-town lit lol
Good vibes. Appreciate you man
Thanks
Great Video. Just make sure that you follow all of the FMCSR. Just
because you aren't required a CDL doesn't mean that you're exempt from
the FMCSR. If you have a DOT Number you have to adhere to all of the
regulations.
Very true!
I appreciate the info. I've been a CDL driver for a few years and have recently started looking into hot shotting. Don't know if I missed it or not but what kind of truck are you pulling with and what kind of weight are you transporting with it?
No problem brother and thanks for the support. i have a few videos on the channel that explains all of that.
Great video and very informative, this is just the info I needed. Thanks for sharing.
Glad it was helpful!
Great information as always! I’m sure it’s helped out tons of people 💪
Most definitely bro! Appreciate you my guy 🫡💯
Amazing video very informative. I preparing to get into hotshot trucking. I just doing reach and saving my income so I can leave the company I'm working for now.
Thats a great plan man! Definitely do the research and save and in due time you’ll be out there! Thanks for the feedback and your support!
@@HotshotMaccHow much do you think is a good amount to have saved at first? Should it be enough to cover bills and expenses for 3 mths?
Great video, i'm from Houston! Are you getting paid 1099? Do you have a percentage break down on your pay? I know some leased on pay 80% they keep 20% or something like that.
Hey thanks man. A lot of guys out of Houston 👌🏽. I’m gonna have a video up soon talking about my leased on cost and breakdown. The companies that I’ve seen doing 80/20 want you to pay insurance on top of that.
Props. You sir are one of the very few to break it down to the smallest details. 👍
I appreciate that! Your welcome!
Your channel is dope man. Very good info! Thank you
Appreciate that bro! Glad it helps out man!
Curious as if you can still run your on llc and be leased on at the same time. So you can write off the truck and mileage
I don't believe it matters either way your equipment your write off
My Grand dad created the Hotshot business back in the late 70's and early 80's. You sound like your on the right track. If you would ever like to see what the ultimate Hotshot Truck set up and trailer are I have the full specs and pictures. By todays standards his setup was closer to that of a class 8 with chains and boomers. If your ever interested in more let me know, I will gladly share the info free of charge if you want.
Please share
@@1skee1ter82 sure will do you have email or want me to just write it here for you and everyone
So his truck was a 1980 ford f350 extra long wheel base (135 hp 350 ftlbs torque) lol... 5 speed stick his bed was an oilfield roustabout bed with 8 foot gin poles that extend to 14 feet. His winch was a 34k Tulsa winch with 75 feet of 5/8" line. 2 speed winch fast and slow with free wheel. Rolling tailboard and 6 chains 3/8" and 6- 1/2" welded and 2 5/8" chains all were 16foot grade 8 welded chain. He carried 20 boomers and a dozen 4" wide straps. His truck was equipped with rear air for his trailer.
The trailer was unique. It was 35 foot oilfield mini float (custom made by Kalyn). Folding landing gear. Inverted 5th wheel tandem sliding axles on floating axles (articulating). Air brakes. Rolling tailboard and had 2 spare tires. The tires on trailer and truck were same Michelin XX 12 ply 16" (today they are 19.5"). Max trailer capacity 35k. (Note: even though his truck wasn't rated for max tow in the 1980's he could get HOBS tags for overloading from DOT to 35k.
There was no job he couldn't handle. Drop trailer deck on ground and drive on cargo, back truck up to trailer rear and drag on and off. Put landing gear down and with gin poles up, lift load onto bed. I would routinely see his winch up 25k in the air and forklift best was 10k. On several occasions backed up to semi trailers he would winch on loads in excess of 60k using double snatch blocks
When he was done loading poles fit flush to bed for driving. Took 5 min to put up to lift if needed.
Best part is I was trained in all of it.
@@andysmith5220 write it
@@ZOILLYFAREAL andy_smith2002@protonmail.com
Thanks for the realistic breakdown homie👍
No problem bro!!
Thank you for the tips on becoming a hot shot driver..
I’ve been mostly been doing research on starting up with your own authority but I see your breakdown on your start up cost requires a lot less capital! Could you tell me an estimate on how much of your gross is given to the company you lease on to?
That’s awesome man! Yeah I thought about going that route but since I had no experience with anything besides hauling I decided to go this route. They take 30% of gross which I don’t mind bc they handle EVERYTHING, all I do is drive and secure and get paid. I plan to get my authority though sometime in the future.
@@HotshotMacc do you mind sharing who your leased on with? I just bought a Ram 3500 Saturday
@@HotshotMacc do you get paid the next day on all loads also or weekly ?
@@walkerinmotionllc8618 how’s everything going so far? You ever get your business together and who’d you end up leasing to if so? I’m broke as fuck but I can use half my houses equity from a sale to invest and that’s probably what I’m going to do
Great info, I was just wondering how many nights a week are you home on average? And when you’re leased onto a company how do they handle your vacation or just time off in general?
I am home usually for a week when I stay out for 3 weeks or more. If I do 2 weeks them I’m home for 2-3 days. When leased on, as long as I do 10-14 out the month then I can do whatever else with the other days out the month.
Thanks for this awesome video bro I'm getting ready to start hotshoting 👍🏽
You welcome. Be safe out there
Good info man. I need a diesel for our 5th wheel we plan on getting soon and was curious about how to use the truck as a side hustle. Lots of bump in the truck....yeah, that'll be me hahaha
Is it necessary when you lease on that you have a good clean driving record or do companies not care about that long as you have your own Insurance.? And what did the approval process consist of to be lease on from a company
^
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Question, so when you are leased on to a company do they find loads for you to haul?
Yes they do!
Thanks Hotshot Mac for your positive attitude and motivation much love and respect bro
@@jimmelstill1249 most definitely brotha and thank you for the support and words of encouragement.
Do they work with you on flexibility? And can you have your kid with you? Thinking about starting my own but working with a company sounds like a smart way to get into the business if I can bring my son
Awesome video keep them coming!
Appreciate that bro!
I appreciate you so much for the honest information. I'm trying to get started myself and im lost lol. Once again thank you.
Your welcome bro! Just continue to soak up knowledge and do the research.
Cool I'm interested to know more on the insurance deal bro... If I understand correctly, the insurance is covered in the lease on contract with you get paid in persontage. After all that, can you net around $3500-4000?
Of course weekly**
It all depends on you bro. I’m netting close to that. I’m gonna do a video on what my weekly net looks like. But yes, depending on the company you lease on with, the insurance may or may not be covered. Companies will let you know what you can average weekly but it fluctuates. You’ll have great weeks and then not so great weeks. Just the name of the game I’m realizing and I’m cool with it.
Hey Tim, love your content Sir. I own a Truck Finance company and Would love to have a conversation with you about our 2 companies collaborating together.
Thanks Jay appreciate that! Send me an email or DM on IG and we can talk.
Thanks for the information bud great video👍
Thank you 🙏🏽
Tim you inspire me brotha. This week I just got my dot, mc, UCR etc etc. got the ball rollin! Thanks man
Man that’s awesome brother! Love to hear that feedback 💪🏽💯 thanks for the support!
@@HotshotMacc I will be running under 26k I don’t think I need ifta or log books as I understand it. Trying to figure it all out. So much info to learn tho
Bueno carnal muy educacional felisidades siguen adelante bro
Thanks for the info man this video was really helpful. My goal is to do the samething !!! 🙏
You can do it! Best of luck!
Very helpful information. Thank you👊🏾
Glad it was helpful!
Thank you so much. Very helpful.
That's wassup man thanks Mac I appreciate it indeed
🛻🙏🏼
Thank you for the information is very clear, buena suerte.
Salute bro, thank you for the great information
Your welcome! Thanks for the support!
Great video! Very informative, thank you.
Glad it was helpful!
Good job brother!!
yow biggupps bossman glad to see things going good. hope we can link soon cuz i plan on jumping in the game too...
Thanks bro!
Best of luck to you bro!! Proud of you!
Thanks bro! Appreciate that!
Really appreciate this info brother. I'm looking to start hotshoting and need all the advice/info I could get. Definitely following on YT & IG. Blessings.
Your welcome brotha! Thanks for following the journey 🫡💪🏽💯
I have everything to get started.. been doing local drops..
Much love fam
Great vid bro, I’m locked in 🤞🏾
💪🏽💯
Good evening sir, thank you so much for this wonderful information, I would appreciate your advice on a company or companies, that I can be leased on in Orlando Florida, I’m a total beginner with a truck exactly like yours, wanting to have a new opportunity to make a living. Thank you so much in advance
Thanks for the information try to start hotshot
Man. I’m really looking into it and want to get hotshot. I’m from Homestead Florida, Now live. in Dayton Texas.
Good video bro very helpful. Can you tell the companies that I can look at it to lease on thank you and keep doing videos like this.
Thank you bro! Shoot me a DM on IG and we’ll talk. Got more vids coming soon!
Thank you for the video great information, what's the best truck for hot shot?
Wishing you all the best.
Thanks bro! Much appreciated!
I really like this!
Thank you this video was very good , and helpful 🙏🏼
Your welcome bro. Thanks for watching!
Great info. Thanks man.
Glad it was helpful!