Pros and Cons of Being an Owner-Operator
Most truck drivers begin their careers working for a trucking company, which provides the equipment, schedules the loads, and pays the driver by the kilometer.
Some drivers see the potential in becoming Owner/Operators, meaning that they will buy a truck and handle the business aspects for themselves.
PROS
There is increased earning potential in owning your own truck, as well as a lot more freedom to make decisions about what you’ll carry, where you’ll take it, and for whom you’ll work. Many Owner/Operators enjoy the business so much that they’ll purchase additional trucks and hire more drivers. For the right type of person, it’s an excellent opportunity.
CONS
Like everything, being an Owner/Operator isn’t without its downside. The potential for earning is larger, but so is the risk. All costs of the truck (maintenance, repair, fuel, licensing) will be your responsibility, as is managing loading of your truck. Every moment your wheels aren’t turning or your trailer is empty costs you money.If you have what it takes to be a successful long haul truck driver (self-motivation, responsibility, and a desire for freedom) it’s likely you have what it takes to be a successful entrepreneur. Most people begin their careers by working for someone else, and learning the business from the inside. They then take what they’ve learned (both the things they liked, and those they didn’t) and strike out on their own.
First Class Training Centre has instructors who can prepare you for your career in the road freight industry. We’ll do more than just help you get a license – we’ll help you start a career. We have decades of hands-on experience in the industry, at all levels. Contact us online or call Toll Free 1-(855) 632-5302.