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30-Day Money-Back Guarantee

This course includes:

  • 1.5 hours on-demand video
  • 1 article
  • Full lifetime access
  • Access on mobile and TV
  • Assignments
Business Entrepreneurship Trucking

Trucking - How to Become an Independent Owner Operator

Trucking Business Success - Understanding The Business Of Trucking And Developing The Knowledge And Skills To Succeed!
Rating: 4.2 out of 54.2 (82 ratings)
318 students
Created by L.D. Sewell
Last updated 4/2018
English
English [Auto]
30-Day Money-Back Guarantee

What you'll learn

  • How to build a successful and efficient business with a single truck as an independent owner operator.
  • Develop goals and plans for success before you start
  • Understand fundamental regulatory requirements
  • Considerations in choosing the right name for your company
  • Business entity choices and other related issues to consider
  • How to get loads and load selection considerations
  • Start building your customer database immediately and manage it effectively
  • How and why so many others fail and how to avoid following them
  • How to continue your trucking business education and how to get additional resources and support all along the way

Requirements

  • No prerequisites. Anyone interested can take this course at anytime - However I HIGHLY RECOMMEND at least a good solid year as a company driver before actually becoming an owner operator. This course is intended for people who plan to become actual INDEPENDENT owner operators - not lease drivers or independent contractors, though all are welcome to take the course it is geared to those who will obtain their own authority and start their own company, get their own freight and make their own decisions. People who are willing to accept the risk and the responsibility in order to get the bigger rewards that come with being a successful independent owner operator.

Description

To be an independent owner operator it is necessary to be a good driver - but to be a successful owner operator you will need much more than that.

You must master the essential things that are necessary to run an efficient trucking business - and that is where far too many fall so short. Their dreams fade quickly into nightmares that often end in complete failure. Then broken, disillusioned and financially broke - or worse - deeper in debt, they return to driving for someone else as a company driver. Not by choice but out of desperation to survive. That is tragic.

Instead I strongly suggest that you stack the odds in your favor instead of against you by learning what you need to know before you even get started!

This course will walk you through all the key things you need to know including a complete overview of the business of trucking and some of the many options that are available to you. You will also learn how to get access to additional information, resources and support that can help you build your own trucking business successfully.

We will cover the basics of how to choose your business entity type, company name, getting your authority, regulatory considerations, risk management, freight acquisition, planning, management, customer relationship building and additional revenue and profit considerations as you grow your business.

Trucking is a fascinating and complicated business. No single course, book or manual can ever provide you with every detail you need to know - and neither will this course. But it will give you a very good start in the right direction and the ability to continue your training and education as you build your business. You will know where and how to get the regulatory information that you need, and that frequently changes. You will also have a good basic understanding of the other key areas you need to understand in order to build your business the right way while avoiding the many common mistakes others repeatedly make. 

Who this course is for:

  • Truck drivers, potential truck driver, and other people interested in becoming successful independent owner operators.

Course content

6 sections • 43 lectures • 1h 41m total length

  • Preview01:46
  • Preview00:55
  • Preview02:35
  • Preview01:36
  • Preview01:41
  • Preview03:54
  • Deciding on Your Company Name and How It Matters
    02:08
  • Obtaining Insurance - Get The Right Insurance Lined Up First!
    04:26
  • Choose Your Goals and Come Up With Your Plan
    02:17
  • How to Set Up Your Company
    01:30
  • Getting Your DOT Number and Your Authority to Operate
    01:15
  • Selecting, Evaluating and Buying Your First Truck
    02:12
  • Finding and Buying the Right Trailer
    02:22

  • Key Points For Section 2
    00:41
  • Understanding Rates and Setting Prices and Dealing With the Market
    04:02
  • Load Boards - Benefits and Disadvantages
    03:31
  • When to Use Load Boards
    01:32
  • Getting Your Own Customers Direct
    02:57
  • Freight Factoring - What It is and When To Use It
    03:17
  • Getting Your Money - Billing and Collections
    03:33
  • Accounting Methods and Systems
    02:36
  • How to Get Help and When You Should
    03:15

  • Key Points For Section 3
    00:29
  • Choosing a Good Cell Plan
    02:25
  • How to Use WiFi and Your Own Mobile Hotspot to Access Systems and Information
    04:55
  • Load Management and Dispatch Software
    03:02
  • Your Online Presence - Start With Your Own Site
    01:57
  • Using Voicemail and Email Effectively
    02:16
  • Task Management Systems and Options
    03:16
  • Cameras and When You Should and Should NOT Use Them!
    05:15

  • Key Points For Section 4
    00:20
  • Choosing the Best Loads For Your Company
    02:19
  • Highly Efficient Trip Planning
    01:50
  • Become a Rolling Recruiter and Trainer - How and Why
    01:20
  • Master the Art of Recruiting and Build a Contact Management System Now
    01:32
  • Introduction to Freight Brokerage - Why You May Want to Consider It Soon...
    02:17
  • If You Can Run Your Business Successfully Then You Can Run Your Own Fleet
    01:27
  • Bigger Than That Even - Choosing Your Ultimate Goals
    02:34
  • Beyond Trucking - Now That You are an Entrepreneur Consider This...
    03:37
  • Course Summary and Closing Remarks
    01:32
  • Final Considerations
    01:32

  • Bonus Resources
    00:10
  • Research Project
    3 questions

  • Understanding How You Will Be Paid and When
    03:31

Instructor

L.D. Sewell
Helping People Build Better Lives...
L.D. Sewell
  • 4.0 Instructor Rating
  • 518 Reviews
  • 4,823 Students
  • 19 Courses

Learn how you can improve your life in every area. Become more productive, produce more income, continuously improve your knowledge and skills, perform at a higher level and become more confident as you set and achieve goal after goal systematically.

Entrepreneurship, business management, leadership, specialized tactics and systems have been a major interest and focus of mine my entire adult life and remain so to this day. I have been a lifelong student of personal development and  productivity improvement systems, which I have utilized in every position I have ever held. Over the years I have held a variety of positions in several businesses and as an entrepreneur I have started, owned and operated several companies of my own along the way too. 

Every experience has taught me numerous lessons. Many of these lessons have been not only highly beneficial but also enjoyable - others were learned the hard and painful way, and while they certainly weren't any fun they were still very valuable learning experiences.

I have owned or co owned a number of micro and small businesses including wood crafting, medical claims processing, commercial cleaning, transportation consulting, independent recruiting, real estate investing, and soap and candle making companies.

Many years ago I started my own career in trucking - just as you may be considering doing now - and if you have never considered trucking take the time to look into what it offers before you just write it off. It might surprise you. 

When I started my own career I set out with the intention of making trucking my primary profession and I wanted to learn everything I possibly could about the business of trucking. 

What an interesting journey it has been over the last couple of decades and continues to be even now. Over the course of my years in trucking I have held many different positions including;

Professional Truck Driver

Driver Trainer

Third Party CDL Skills Examiner

Instructor

Dispatcher

Recruiter

Human Resource Director

Safety Director

Transportation Consultant

Coach

Author

These experiences have helped me in countless ways to pursue many other entrepreneurial opportunities. As a result of all these  experiences and from working with all kinds of people and with hundreds of drivers over many years, I am able to provide you with a unique, complete and multidimensional personal account of exactly what it takes to become a successful entrepreneur - and for those interested - exactly what it takes to become a professional truck driver, and trucking business owner.

While trucking is a fascinating business that offers many opportunities to you - it will demand much from you in return - and It is NOT the right business for everyone. 

There is something that is a right fit for you. Finding the right work or business for you is the key.

Once you know what that is you can  then start focusing your efforts on learning the skills and specialized information needed to shorten your learning curve, produce better results faster and that will help you achieve your own goals.

Life is far too precious and too short to waste working in businesses, careers and at jobs you don't like - so find something you do like - that is also profitable - then learn how to get started and then just do it! 

Today every lesson I have ever learned from all my personal experiences and studies, including those I continue to learn, I now teach in my courses and workshops as well as through my books, manuals and other publications. 

Life is all about choices and you do have choices. 

That is my passion in life - working with and helping people who want to get ahead in life instead of just getting by to find their own courses in life, and to help those willing to do the work to make it happen.

Now, how can I help you...  

                         Choose Your Own Course, Build A Better Life...

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