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#111. Managing Challenges

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Manage episode 341161969 series 2596498
Content provided by Motor Carrier HQ. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Motor Carrier HQ or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Typically, you can make more money working for yourself than you can working for someone else, but doing so comes with challenges most people don't want to deal with. It it was easy, more people would do it. Growing a business is never easy and we have dealt with some pretty big challenges over the last couple of months. I want to share some of the experiences we have had and hopefully some of the lessons we have learned to help you manage some of these challenges as smoothly as possible.

What To Expect From Episode 111

Here are the challenges we will discuss in detail:

  • We had to let a driver go, he is a great guy, but was just costing us too much money
  • Fuel prices are really hurting the bottom line when freight rates, especially on the spot market, don't leave much wiggle room
  • We have struggled to get financing for our next trucks, although we think we have it worked out through a lot of work
  • Rates have dropped, we are working on direct shipper loads
  continue reading

162 episodes

Artwork
iconShare
 
Manage episode 341161969 series 2596498
Content provided by Motor Carrier HQ. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Motor Carrier HQ or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Typically, you can make more money working for yourself than you can working for someone else, but doing so comes with challenges most people don't want to deal with. It it was easy, more people would do it. Growing a business is never easy and we have dealt with some pretty big challenges over the last couple of months. I want to share some of the experiences we have had and hopefully some of the lessons we have learned to help you manage some of these challenges as smoothly as possible.

What To Expect From Episode 111

Here are the challenges we will discuss in detail:

  • We had to let a driver go, he is a great guy, but was just costing us too much money
  • Fuel prices are really hurting the bottom line when freight rates, especially on the spot market, don't leave much wiggle room
  • We have struggled to get financing for our next trucks, although we think we have it worked out through a lot of work
  • Rates have dropped, we are working on direct shipper loads
  continue reading

162 episodes

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