Look to the Future | Episode 61
A couple of episodes ago I talked about being deliberate. One of the best ways to ensure you are deliberate in all that you do is to have a clear vision. All great leaders have a good vision. Whether you are an owner operator or the owner of a large fleet, you have to have a clear vision of the future if you want to maximize your success.
What To Expect From Episode 61
Craig and I talk about what it means to have a vision and why it is so important for a business owner. Along with vision comes personal responsibility and doing the things that will help you realize your vision. I use an example of the old Briggs and Stratton engines I used when moving irrigation pipes when I was a kid to illustrate the point.
At the end of the episode I also give my perspective on some of the new hours-of-service changes that just went into effect. You can learn more about them here.
Listen to the Full Episode
I remember you touching on legalities of a company driver vs contract driver leased under your authority. But would love to hear a more detailed explanation of why you are pursuing hiring company drivers and not going with drivers with their own trucks and/or doing lease purchase.
Great question Mike. Might be a future episode, but here are some quick thoughts. There are pros and cons of both. Some of the biggest pros of company drivers: you typically will have more control over them, they are usually a bit more profitable, etc. The biggest reason companies usually hire leased owner operators is that they come with equipment so you can bring them on faster and with less out of pocket money. Another reason is that a lot of companies who have a lot of owner operators running under their authority say owner operators are usually more reliable.
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