Rollercoaster of Life
Rollercoaster of Life
When I was a teenager my brother and I were seated in the front seats of a rollercoaster ride. I was so terrified that the ride operator stopped early to let me off. Since then I have avoided rollercoaster rides as well as any other thrill rides at all cost.
When we first started our little trucking company we had no idea what was all involved. Over the years we have made mistakes. We still managed to make it through. We have seen years where the money is flowing and trucking companies are popping up everywhere. In other years, we have experienced the money flow slow down and those same companies go out of business. We have even seen some rather large companies file for reorganization or get bought up by another trucking company. So what keeps a one truck operation like ours going through it all? I suppose the same thing that keeps many of the small trucking companies similar to ours going.
First and foremost we follow the laws. We keep accurate log books. We keep our equipment well maintained in order to pass inspections as well as keep the wheels turning. We keep all requirements that the company to which we are leased has set up for all drivers. All of these things help to keep us working. During our orientation over 8 years ago there were several other drivers in our class. Within 2 weeks one of the drivers was released from their lease because they had been reported for doing something that was not legal. Follow the laws and the rules and the rollercoaster ride stays smooth.
Second, know your numbers. No matter what business you are in you should always know how much is coming in and how much is going out. Another rollercoaster. This works in personal life as well. If you feel like more is going out than coming in, first look at where the money is going. Lately we know that more of our revenue is going to pay for fuel. So where can costs be cut to accommodate the extra cost of fuel? Most experts will say slowing down will help with fuel economy thus saving money. Are there ways to increase revenue? These are all valid questions. Save for a rainy day or in our case save for rainy years. By saving when revenue is high, our savings have helped us get through the lean years. Have above average credit so that if you need to borrow to get through tough times, there are resources available to help. Once things get better make sure to pay off any loans as quickly as possible. And continue to save.
Finally, give back. Help a new driver learn the business. Help them back into a truck spot rather than make fun of them. Help them maintain their equipment. Help them succeed. Remember, what goes around comes around.
Here's to millions of safe, profitable and ROLLERCOASTER miles.
Kelly Plumb