Ready to own?
Dear GG—When do you know when you’re ready to own your own truck? I think I am, but I’m not sure.
Short answer: when you have to ask, you’re not ready.
Here’s a brief checklist of the characteristics of a successful owner-operator. How many of them do you possess?
• Hard working, responsible, reliable and dependable.
• No excuses for not getting something done; there’s always a way.
• Dedicated to providing exceptional customer service.
• A great time manager.
• Exceptional financial management skills.
• A good problem solver.
• Can make difficult decisions quickly and accurately.
• Understands the fundamentals of business
• Has a good understanding of what it takes to motivate people.
• Well groomed, with excellent interpersonal skills.
The owner-operators I know personally are very smart, and they possess mechanical aptitude. This means that they can make sound decisions based on personal skill, experience and knowledge.
J.P., it’s OK to be a company driver. Not everyone is cut out to deal with the challenges of owning a business, let alone one that requires 18 wheels, a Jake Brake and can be brought to a screeching halt at any time of the day or night. Talk to an accountant, a financial advisor, your friends, your family and your dog before making the commitment. They’ll be delighted to tell you if you’re ready to own.
You can e-mail Golden Girl at email@example.com or mail your letter to Over the Road Magazine, P.O. Box 549, Roswell, GA 30077-0549.