Hey, John Crestani here. So you want to start a trucking business without driving? Well guess what, it's possible and you can make a good amount of money, you can become rich doing it, it's called Logistics. It's a over $700 billion, industry billion, billion, moving stuff from point A to point B, there's so much money in it. And I love driving, that you know, so let's go over the step by step of how you exactly start a truck driving business without driving.
Step one is obvious, you got to get a truck, okay? Now, truck, a truck costs maybe anywhere from like, I'm talking to semi, right, anywhere from 70k to $200,000, like fully loaded, like, you know, that big, big freakin bed and you know, stuff like that. So you gotta get a truck. Now, in order to pay for a truck, you can get away with putting 10% down. So if you're talking about a $100,000 truck, you can get away with putting down $10,000. But you got to pay that off in six years, 72 months, that's usually I think the longest, you can actually pay off these auto loans.
And now $100,000 truck is about 10% down, it's about 1500 a month, you go for $200,000 truck, that's about 3000 a month. So that's kind of the baseline, you're going to have to make in step number two. Now, step number two, is you got to find somebody to lease it out to you got to either find a company that you can lease your truck out to, or in own what's called an owner operator that you can bid lease your truck to, because there's a lot of companies that are looking for more trucks, but they just want to rent them, you know, maybe they got a lot of orders in the month of September and October, and November.
Many of my students about two dozen have become millionaires. You know, I was hanging out with one student last week who made over $20 million he owns his own products now over $20 million last year alone in his business so if you want to learn more about that check out the link in the description or just go straight we have a you know a mentorship program and you can look up more information on that there should be also link in the description. Subscribe to the channel. Like this video comment let me know are you thinking of starting a truck driving business, yay.
Q: Can I start a trucking business without actually driving?
A: Yes, it is possible to start a trucking business without driving. You can focus on the logistics aspect of the industry which involves moving goods from point A to point B.
Q: What is the cost of acquiring a truck for a trucking business?
A: The cost of acquiring a truck for a trucking business can range from $70,000 to $200,000 for a semi-truck. It is common to put down 10% of the truck's cost and pay the rest over a period of 6 years.
Q: How can I generate passive income by leasing my truck?
A: You can generate passive income by leasing your truck to either a company or an owner operator. By leasing your truck, you can earn a monthly income, typically ranging from $1,500 to $3,000 depending on the value of the truck.
Q: What is the earning potential and challenges in the trucking business?
A: The trucking business has a high earning potential, with some individuals becoming millionaires. However, there are challenges such as competition, regulations, and maintenance costs. It is important to do thorough research and planning before starting a trucking business.
