Thanks for your knowledge bandit! Keep on cussing brother

@OTRBandit

Ай бұрын

Thank you very much

Couldn't have said it better. I have watched you and trucking with Schmidt channel and you both inspired me to get my own truck. I'm on my 1st week as owner operator. Thanks for your great content and motivation!

@OTRBandit

Ай бұрын

Congratulations brother. Hopefully it serves you for a long time and hopefully you make millions with it. Get er done buddy. Stay safe out and congratulations once again.

Love this fucking honesty my friend

@OTRBandit

Ай бұрын

Thank you buddy 🙏🏼

Thank you for the ride Bandit. That was a lot of great advice. Have a good evening and stay safe

@fred3942

Ай бұрын

Nice

@OTRBandit

Ай бұрын

Thank you Shannon, You have a good night as well.

Hell of a tutorial on owner/operator business.

Gday Bandit Excellent advice mate it’s great that you share your knowledge and experience with everyone Take Care Mate

@OTRBandit

Ай бұрын

Appreciate it buddy. Stay safe out there. Watch out for them snakes.

I love the videos and thanks for showing the reality of trucking! Keep them coming my friend!

@OTRBandit

Ай бұрын

Thank you very much. Will do.

Bandit it's good you explain all about trucking and how to do it. The younger generation I think needs all the info they can get. Be safe, keep on trucking😊

@OTRBandit

Ай бұрын

Thank you very much Linda

Thank you. You helped me get set up. Because of your help and referral, I have Mudflap and RTS. The only thing I have to do is get my truck registered and I’m headed out.

@OTRBandit

Ай бұрын

Saving money on that fuel is a key to success my friend. Glad I could help in anyway.

Thanks for the Trip 😊 be safe all the time love watching

@OTRBandit

19 күн бұрын

Thank you very much 🙏🏼

The man , the myth the legend. Our bandit

@OTRBandit

Ай бұрын

🙏🏼

Load up on the coffee my friend! Thanks for the insight

@OTRBandit

Ай бұрын

Much appreciated it brother 🙏🏼 thank you very much.

Thanks for the information Buddy but living in California I think beginning to be a truckee owner operator would be out of my reach now that I am 75 and retired from my day job I still admire you doing the job with the beautiful Peterbuilt

@OTRBandit

Ай бұрын

Thank you very much.

😂😂😂..you a gangsta trucker! Stay safe my brother! God bless.

@OTRBandit

Ай бұрын

Thank you very much buddy 🙏🏼

Another great ride with the Bandit in the Blue Beast. Thanx Buddy !!! Just get r done !!!!!!

@OTRBandit

Ай бұрын

Thank you very much 🙏🏼

Very awesome as always buddy. Happy to be alongside for the ride along.

@OTRBandit

Ай бұрын

Thank you very much

You're Awesome! Have a great day.

@OTRBandit

Ай бұрын

Thank you very much. You have a great day as well 🙏🏼

Thanks for all the information. I believe I'll stay retired😅😂 stay safe, my friend

@OTRBandit

Ай бұрын

Good choice. Wish I could do the same.

Explained very well my friend a honest guy doing KZread and not selling secrets just been fucking honest.....not many people would do this about the job they do.so yet again Brother loving your content or and just cause you doing good on sports betting you are jot allowed to quit doing this its my FUCKING TV brother mh entertainment 👍 👏

@OTRBandit

Ай бұрын

Not quitting any time soon my friend. Thank you very much 🙏🏼

I have been incorporated for many years. My name is a Corp. and each business I had after that, was also a Inc. I did that a long time ago. I had an employer ID number as well. I even did business with the state and counties also. I paid all my own taxes and road use tax and fuel tax.

Hey Buddy, Yes sir, thanx for your time and especially the knowledge of being your own boss ! Next to the wife, lol. But wow, that is alot of items to to understand, complete correctly, and be sure to have all the ducks in a row. Its crazy about the IFTA, you pay taxes at the pump, where ever you fuel up, and then you have to pay more taxes to IFTA, what the f***.!! Brother it seems like a person this day & age wanting to do this, have their own authority, really be serious that they want to do this. Thanx again for doing what you do, as a subscriber on your channel I appreciate you, you are the man, looking forward to the next video, stay safe out there Buddy, keep R between the mayo & mustard, Pprrrtttt...

@OTRBandit

Ай бұрын

Thank you very much buddy. It’s allot of work and responsibility but it’s totally worth.

Thanks for sharing the information it helped a lot thanks again, safe travels

@OTRBandit

Ай бұрын

Anytime 🙏🏼

Great video! A lot of valuable information for any business owner, not just trucking. I also agree on having multiple bank accounts to protect yourself. Personally, I have 3 bank accounts. I have my primary account with a major bank, and then two secondary accounts with an "Internet bank". I use the secondary accounts for "petty cash" and "taxes". I only use the "petty" account when making day-to-day purchases, so they never have access to my primary funds.

@OTRBandit

Ай бұрын

I thought I share some information. Hopefully someone can use it in the future. Learn from this and learn from my mistakes so they don’t have to repeat them.

Good, honest advice.

@OTRBandit

Ай бұрын

🙏🏼

When will you be coming to California ⁉️ love to see you strolling through

@OTRBandit

Ай бұрын

California doesn’t like me unfortunately. My truck can’t go to California because of diesel truck regulations.

Know your CPM. The more thorough you can break it down and calculate it with your runs the better. fixed expenses are easy. Use a life in miles/ cost tire wear, filters, ect. Make an excel spreadsheet sheet. Your business can have multiple accounts so have one for taxes, maintenance ect. And have some plan for high dollar problems. Business needs to be paid first. If you can’t manage money you’re going to have problems.

@OTRBandit

Ай бұрын

100% correct. All great points 👍🏻

Awesome advice! I always knew you were an amazing human being. Some might say (those who follow your channel every day) will say you cuss too much or maybe, you're too short-tempered. But I always knew you have a big caring heart who is 100 percent genuine! Who also has a sharp sense of humour 😁

@OTRBandit

Ай бұрын

Thank you very much 🙏🏼

thank you for the advices

@OTRBandit

Ай бұрын

Anytime buddy

It was very interesting to hear how you got started, great summary of the key points, what to do, what are the traps, how to structure your company. I think the most impressive part of your company story, is that you have operated since 2008. To have been successful as as a small business for 16 years shows that you certainly have what it takes to run your company. I can’t imagine a much tougher operating environment than to run a small trucking company. Congratulations 🇦🇺

@OTRBandit

Ай бұрын

Thank you very much my friend 🙏🏼 it’s definitely tough but I wouldn’t have it any other way.

Very informative video I love it. I love watching your videos ❤❤

@OTRBandit

Ай бұрын

Thank you so much 🙏🏼

Saved this one, appreciate the info buddy !!

@OTRBandit

Ай бұрын

Anytime brother. You need anything else, you got my number. I’m always happy to help another driver as much as I can.

@sonnygreen9698

Ай бұрын

@@OTRBandit I still haven’t made a decision quite yet on what I’m doing but I have decided to go with a suggestion you proposed in our conversation about types of trucks, when I get out of surgery next month I will have a decision, if the company I have been striving to get on with can’t work with me then I’m pulling the trigger on the O/O, I’m sure I’ll have a question or two 😂😂

@OTRBandit

Ай бұрын

@@sonnygreen9698Good luck with your surgery buddy. Hopefully it’s nothing serious. I’m always available if you have any questions brother. You got my number.

Good info been thinking of making the leap into owner op

@OTRBandit

Ай бұрын

Definitely should. Now is the best time to buy a truck. There are some great deals out there.

That's complicated I never thought it was so much trouble to be a owner operator.its not worth it. Very good information. Thanks

@OTRBandit

Ай бұрын

It can be complicated but to me, it’s definitely worth it.

Thanks for the information man! I have commented on a few of your videos talking about how i would love to eventually get to where you are having a nice truck and my own business and stop working as a company driver. so i really appreciate the information. Stay safe out there brother

@OTRBandit

Ай бұрын

You can definitely do it buddy. If you need any help, I’m here to help.

@djtylerojala9910

Ай бұрын

@@OTRBandit thanks I really appreciate that. I'm sure I will have some questions about something lol

Thank you for the information Buddy

@OTRBandit

Ай бұрын

Anytime

Be your own Boss buddy🙏🙏

@OTRBandit

Ай бұрын

Most definitely 👍🏻

I live in Texas

Thanks!

@OTRBandit

Ай бұрын

Much appreciated 🙏🏼 thank you so much.

I believe I will stay retired too.and wait on the mail man with my pennys.

@OTRBandit

Ай бұрын

Wish I could do the same.

Hey bud, good info !!

@OTRBandit

Ай бұрын

Thank you very much. Thought I’d share it. Maybe help someone out there.

I need this that and the other thing

That's a lonely road buddy..

@OTRBandit

Ай бұрын

It sure was. I was on my way home few weeks back from Mount Sterling, IL

thx for the video man. really helpfull

@OTRBandit

Ай бұрын

Anytime buddy 🙏🏼

🤙🤙

Does the fuel card do factoring?

@OTRBandit

Ай бұрын

yes, they also have a factoring department and brokerage. It’s RTS (Ryan Transportation Services) out of Overland Park, KS I factor with TBS out of Oklahoma City because I’ve been with them since the beginning. You just have to make sure that they don’t have weekly or monthly minimum in how much you need to send in to get factored. Some of them want you to send them so many invoices monthly.

I have started n them i got discouraged thanks bandit

@OTRBandit

20 күн бұрын

Why did you get discouraged? What happened?

I have to pay 3 yrs for my truck befor I own it 74,100.00

@OTRBandit

Ай бұрын

That’s the way to do it 👍🏻

I need more info on setting up ifta and filling that’s what’s been holding me back from opening my authority

@OTRBandit

Ай бұрын

You need to know how to do it or something else?

@TruckingWithKhaled

Ай бұрын

@@OTRBandit yea like how to start the process.. how to file quarterly.. where do I go to file and receive my new decals

@OTRBandit

Ай бұрын

@@TruckingWithKhaledSend me email with your number and I’ll call you when I have time. It would be easier for me to explain over the phone. OTRBANDIT389@GMAIL.COM

Some people on here comments are not nice I can't understand why they wacth the video . Do you?

@OTRBandit

Ай бұрын

They definitely shouldn’t be here if they don’t like it.

Sooo informative! So do you have a preference for major maintenance? Are there any service or extended plans you can buy? Do you keep a separate account for maintenance?

@OTRBandit

Ай бұрын

Thank you very much. I don’t have any service extended plans. I’ve never had one of those so I wouldn’t really know if they are good or bad. I’ve heard good and bad things about them. I have two local shops that I trust here where I live and I take my truck to them whenever I can’t fix something. I don’t keep separate account for maintenance. I just pay for everything out of my business account.

My cousin Vinny?

What factoring company do you use?

@OTRBandit

Ай бұрын

TBS out of Oklahoma City

Hey can you explain how Factoring works.. which one you use and if it’s worth it?

@OTRBandit

Ай бұрын

Whenever you do a load, it takes about 30 days for broker to pay you for some freaking reason. After you do a load, you send your BOL and rate confirmation to factoring company and they pay you in2 days so that you don’t have to wait for broker to pay you in 30+ days. Factoring company will get paid by broker and factoring company will charge you small percentage fee for them having to wait so that you don’t. I use TBS out of Oklahoma City

Attention all drivers, TQL sucks.

@OTRBandit

Ай бұрын

They definitely do.

Wait what am I talking about...shows your age...😀

@OTRBandit

Ай бұрын

It definitely does.

TQL=💩

@OTRBandit

Ай бұрын

Definitely

I love that Indian impression 😂😂😂😜😂😜😂😜😂

@OTRBandit

Ай бұрын

🤣🤣 I picked up that accent pretty good. Because they keep calling like 30 times a day.

@thatsme47

Ай бұрын

@@OTRBandit that’s a very good thing that you’re smart and wise man and you don’t fall for their curry bullshit.

theres so much over head in trucking u cann,t ever afford a lot lizard

@bourbontrail565

Ай бұрын

Over Head , Lot Lizard… lmao

@OTRBandit

Ай бұрын

Only company drivers can afford those lol

CHICAGO LOW BRIDGE AREA HEADACHE GREAT ADVICE BANDIT. TO THE NEW DRIVERS ROLLON. OLBLUE

@OTRBandit

Ай бұрын

Chicago can definitely be tough. I hate going there.