I may have another passive income source for you guys. I don't know the full details yet, I need to do more research. Anyways,I just talked to a guy who owns a trucking company. He contracts with 3-5 drivers and is looking to add another 10.
His guys are making anywhere from $1000-$1600 a day driving truck for him. The drivers own their own trucks. The company owner has all the contacts. He finds the contracts and rents the trailers the semis are pulling.
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His guys are running only here locally in Ohio. Occassionly they will go out of state, but not often. They do 3+ runs a day. This guy sets up his driver's to make $1k a day/$300k plus a year and takes a $50 split for every trailer they haul.
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So his guys make $1.6k a day.. he makes $150. Remember, this guy has multiple drivers on the road. He’s easily clearing $600 a day just for having the right connections.
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He told me, "I could easily be taking a much larger cut per load, but there's no need. I've been blessed." I've noticed this trend among successful people.
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Sucessful people look to provide value before anything. If they want more income, they build a bigger business or refine inefficiencies. They don't automatically go to cutting corners and tighten the budget.
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Poor businessmen look to maximize profits on each transaction. They don't provide more value or build a bigger business, they just charge more. Maybe your business needs to charge more, but eventually this stops working. You need to level up as a professional and a businessmen
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Today's lesson: Provide value and you will be blessed.
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End of conversation
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