If you dream of being your own boss and setting your own schedule, then becoming a trucking owner operator may be right for you. Before making a final decision about your future, however, consider all the positives and negatives.
Purchasing your own truck is analogous to becoming a homeowner after years of renting; in the same way that you no longer have a landlord to call when the roof leaks, you now must take responsibility for financial obligations associated with your vehicle. Consider the following other added responsibilities:
- Paying for high starting costs
- Finding your own clients
- Obtaining insurance
- Adhering to state and federal regulations
The main benefit of being an owner operator is the level of job satisfaction that people feel by knowing they are their own bosses and are free to work as much or as little as they want to. Other pros include the following:
- Decide your own routes
- Keep 100% of profits
- Drive your dream truck
- Be selective about clients and vendors
For many drivers, the benefits of being an owner operator far outweigh the added job duties; some even enjoy learning the business end of trucking, and take pride in the added workload. If driving for yourself is your goal, there is no reason you can’t succeed.