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How to Start a Dump Truck Business ($252K a Year)

Nate Jones 84 views

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l need your mentorship because l want to start this in less than 3 months
Comment from : @bestverawils9128

Great information Thank you
Comment from : @joeljimenez8560

Thank you so much for the opportunity and information and support
Comment from : @mansooralg9178

Amazing video thank you
Comment from : @pizzapuffankles

Most people never take into account winter weather and spring rain You may not work for 1-3 months a year
Comment from : @austinr09

Up here in WIyou definitely won't come close to even 200k gross
Comment from : @dustincrook3565

I go thru 300 gallons of diesel a week not a month
Comment from : @Knel5353

Can you use the business credit for a down payment, once you open up your LLC
Comment from : @travisthompson4989

Well, he might know numbera, but I doubt he knows anything about trucking of any kind most if not all commercial trucks use diesel, not gasoline
Comment from : @ApexesandExitsRacing

Can dump truck owners make money renting their dump trucks out to drivers❓
Comment from : @bigshot9891

Thank you Lord Jesus for the gift of life and blessings to me and my family $14,12047 weekly profit Our lord Jesus has lifted my Life am no longer a truck driver!!!🙏❤❤❤
Comment from : @DarwinsMarcus1108

Trucks get $105/hr - $115 fuel burn for 8 hr day is around $400/day hired driver $27/ hr avg hoping nothing happens to truck that day Not much of a profit Still need to pay insurance plus your plate roughly $15000/yr this is the basic stuff there is more I wish it was as easy as he says unfortunately, he is not even close
Comment from : @LyleMarche

I’m looking at all these comments and I’m seeing a shit ton of Owner-Operators complaining about the numbers If the dump truck business was trash, it wouldn’t be in business Majority of yall don’t know how to operate a business in general and are in the comments complaining what is up wit yall?
Comment from : @flying-fijiantv6282

What kind of cdl is needed?
Comment from : @OMGBEATZ

You recommend starting a trucking business in the state of FL over the state of MA? Is starting a trucking business in FL worth it?
Comment from : @Bostonmoose243

I have been diving all kinds of class A and B vehicles (including) dump truck, roll off, flatbed, dump trailer, walking floor, ect I know a lot of drivers and owners I know very little about Maintenance and repairs Was thinking about doing a 2 year diesel mechanic school of at the very least a 2 year auto tech school to save money on problems and repairs Is this a good idea or should I just jump right into it?
Comment from : @Brandon-th4xx

What about weather Not much construction when it rains right?
Comment from : @Thekarmic

I don't hear the driver salary taken out of the expense numbers
Comment from : @BRS-Peterbilt-379

4:20 -ishthat's a 202 profit margin per month Did I do that right (4233/21000)? If I correctly calculated, that is incrediblebrNate - separate business of loads and owning a truck (2 businesses), or some other way?
Comment from : @Gen_4927

What size of a truck are we talking about? Difference is also what are you hauling Are you hauling customers load or are you buying and selling gravel/sand I charge per distance base-loading-unloading-base Additional charge for over 2h waiting time
Comment from : @BroEstong

Do you offer a mentorship program?
Comment from : @70Dorthy

Good advice, thank you
Comment from : @Diligent1Nonly

Good evening, I congratulate you for your channel it is very helpful, I live in Minnesota and I would like to know if you know anything about employment
Comment from : @victorgonzalez3900

😅
Comment from : @Gary-f2j

How do you find work for your dump trucks?
Comment from : @JD-dw1dr

I was thinking about jumping in the dump truck business not buying no hundred grand truck though I’ll find a used one around 35 $40-$50,000 to start
Comment from : @boomahcaldwell6203

This guy lost me at “gasoline costs”
Comment from : @Awwwwwwejay

What's missing is the taxes!
Comment from : @inglewoodblackman6038

nate, you in calf?? in in LA right now B&R in Ct new haven
Comment from : @steve-l6h7v

As a trucker for 16 years again the truck business it’s dead and it will be gone in about 4 years The market it’s extremely saturated with all this immigrants drivers taking bad loads and bad pays so don’t do it
Comment from : @utah2nyc250

Does this applies for end dump bussines as well ?
Comment from : @victorrun2616

Clickbait!!! you'll be lucky to make $80,000 after expenses
Comment from : @mtvjackass74

Thank you! This was very informative! I’m working on starting my business as we speak I will definitely be contacting you!
Comment from : @TMONEYNP

How about a cash truck for about 50k and run through it with about another 20k? If i have that much cash available
Comment from : @ThetrueTeddyB

I own OTR small fleet, my only issue is is there any bidding for these lanes or contracts would love to connect with you for insurnace also based off NYC currently
Comment from : @a007x3

I had no idea there was this much money in the dumb truck businesses I am sure it is hard to scale
Comment from : @christopherlynchbiz

Add'l mo exp: Maint ($1,000), repairs ($1,500) You may also have a parking & broker expense
Comment from : @GlennGoryl

Only 5 loads a day?
Comment from : @KiDstoltz

New sub the numbers makes sense
Comment from : @Truckernc

@nate_indiana_jonesbr Nate Jones needs to remove this entire video It is full of misguidance and falsehoods He has no clue which end of the truck to load let alone how to drive the truck His price "facts" are WAY WAY OFF as are his income numbers First off, a Triaxle that is usable and not needing a complete overhaul to include the bed floor for 100k USD is absurd His "gas" fuel cost and usage is so off base it's not funny If you follow any of his advice, you will be broke down in your first day and broke in 30 days
Comment from : @chriskilga9708

I had to pause this when I hard him talk about your cost of 'gasoline' running a dump truck business This guy has NO IDEA what he is talking about There are people on youtube who make videos for a living Its hard to come up with content so some people just do very superficial research on a subject, in this case different businesses you can start, and pretend they are offering you valuable advice DO NOT take any business advice from these people, they do not understand the risks and pitfalls of what they are suggesting you do I used to drive dump trucks and I currently own other businesses I am not knowledgeable enough to give you advice about a dump truck business so this guy definitely is not
Comment from : @claytonmatt4334

450 gallons "A MONTH" what is your operating range 5 - 10 miles? I currently drive a tri axle dump truck and run on average 250 miles averaging 8 loads a day 5 days a week and use 65 gallons a DAY in fuel running 2019 emissions equipped truck
Comment from : @chriskilga9708

Hey how about working as an operator for some time and buy an own truck after some time?
Comment from : @Terminator-b8q

bro i spend 7k a month in gas alone, that doesnt include driver pay, insurance, tolls, breakdowns, tows storage, tags, mmr, maintenance & taxes business right now is pretty shitty
Comment from : @MegaCaco11

Great Video Im strongly considering starting a my own dump truck business I'm currently working as a garbage man and made 115k in 2023 My goal is to make more money and also have more flexibility with my time in the future I have some savings and am looking to talk with someone who has experience with owning a dump truck in chicagoland i will consider paying for time and wisdom and knowledge of starting a successful dump truck business in Chicago Thank you God Bless
Comment from : @lukethaduke4837

Must be a Truck salesman !
Comment from : @kiromd

its called diesel bud
Comment from : @innapiskova2747

Yep you keep about 40 thats what a old trucker told me 30 years ago! I ran my own trucks for 30 years and he was right
Comment from : @melvinjames1077

Do you only provide insurance or dump trucks?
Comment from : @CamilleWilson-xn1of

Buy a new truck during a construction boom, get stuck still making payments when things slow down
Comment from : @FourthWayRanch

i'm starting to doubt your claimsbrbryou said gas or gasoline about a dozen times and diesel only once…
Comment from : @pagansmc13

The information that you have given is not accurate There are many more expenses and situations that must be considered to own and operate a tri axle dump truck one large expense is the driver pay, this was not mentioned, this could be between 50 and $75,000 per year easy The dump truck business is a very tough business to run as previously said, there are a lot of other issues that needs to be considered before buying a dump truck Thanks, 51 years in the industry and counting!
Comment from : @davidgable80

100k for a truck naw 30k smh lol
Comment from : @derfderf5611

First, I stopped watching when you gave the estimated monthly fuel usage Driving a class B dump truck locally You use 40-125 gallons a day
Comment from : @samuelwilliamsii828

I have the money to buy the truck cash if I take it from my rrsps witch will cost me 30 percent in taxes , the truck is sixty thousand , witch is 18000 dollars in taxes but the interest rate over six years is almost twice that , do think it’s a good idea to finance the truck in this way ?
Comment from : @glenalguire6960

As a 15 year owner/op of dump trucks in Canada I can tell you without exception, operating costs of a tandem dump truck (assuming its fully paid off aka no truck payments) is around $70/hr (Thank you Trudeau for that ever increasing carbon tax) Not including a driver So, for every 100 hours you work that truck, you can assume $7,000 in expenses, not including paying a driver Most customers are contractors, and they pay between $90-100/hr/truck That leaves $20-30/hr to pay yourself, put money away or pay a driver and break even for all the risk and stress This guy is completely out of it Or my market is total dog shit, probably a little bit of both Trucking businesses are going out of business or closing their doors all over North America for a reason
Comment from : @JRAD80847

This guy has no trucks I don’t believe Sounds good but that’s not the game I play everyday Maybe I should change so things
Comment from : @michaelgrier3537

I always heard if you wanted to make a million dollars in trucking you should start with two million
Comment from : @Metromulchers

$250k a year per truck gross is about right After all expenses, driver pay, all insurance, maintenance etc, it’s around $100k net profit a year, to the company Great video Keep it up 👍
Comment from : @emybooyoung