A couple of episodes ago, we started doing a question and answer piece at the end of each episode. Thanks to all of your questions, we decided to do an entire episode about a topic a lot of people were asking us about. Episode 10 is all about the pros and cons of being an owner operator vs. an employee driver.
What to Expect From Episode 10
I’ve seen so many reasons people choose not to go the owner-op route. They have to deal with all the government regulations, brokers who keep driving down rates, and business expenses that keep going up.
While all of these things are true, I’ve seen from personal experience owner operators who are successful getting out there on their own. But, it really takes grit to get out there and do everything you need to do. I can’t say it enough: it’s a lot of work to be your own boss, but for many of us the satisfaction and reward of owning your own company is worth the work.
And for some people, it’s not worth it. I’ve heard some say:
“I make 70K+ a year, why should I start my own company?”
That’s definitely true for some truck drivers, but I don’t think trucking is really all about the money for everyone. In this episode I talk a lot about what being a business owner is all about. I think it really boils down to:
- Do you have the desire?
- Do you have the drive?
- Do you have the skills necessary?
If you’re more of a visual person, I’ve created a helpful resource on Motor Carrier HQ that outlines all the pros and cons of being an owner operator and employee driver. It also goes over some of the things I’ve talked about in past episodes on how to make it as an owner operator. Definitely check it out if you’re interested!