Haulin Assets
#68. December Financials

#68. December Financials

January 13, 2021

Check out the full show notes and drop a comment at HaulinAssetsLLC.com

December was a great way to end a very challenging year; it was one of our best months of the year. Numbers all looked really good and there wasn't much out of the ordinary happening. Listen to the episode to hear all the details.

What To Expect From Episode 68

Here are the numbers for the month.

  • Total miles run – 8,719
  • Deadhead miles – 481 (5.5%)
  • Total revenue - $21,400
  • All-in rate-per-mile - $2.45 (Best we have ever had)
  • Full days on the road - 15
  • Partial days on the road – 3

In the end Haulin Assets realized a profit of $6,040.36.

Impact Tip

Don't use your checking account balance to decide if you’re making money or have money to spend. This is a huge mistake, listen to the episode to find out why and learn more.

#67. Introducing Impact Tips

#67. Introducing Impact Tips

December 30, 2020

Check out the full show notes and drop a comment at HaulinAssetsLLC.com

I'm going to start including what I call an Impact Tip of the Episode with every new podcast episode. I am hoping to share a simple tip that can be summarized in one sentence, but will be something you can implement in your business that will have a positive impact on it. In this episode Craig and I will introduce the concept.

What To Expect From Episode 67

For a while, the Impact Tips will focus on finances. Finances are the foundation of a business. If your financial situation is weak, at best, the business will never reach its full potential, at worst, the business will eventually go under.

I feel like the first tip is so important, I am going to focus an entire episode on it. Here is the tip:

Impact Tip

Make sure your personal finances are in good shape before you start a business.  I know, this sounds like a no brainer, but listen to the episode and I bet you will learn about ways your personal finances affect your business that you'd never thought of.

#66. November Financials

#66. November Financials

December 16, 2020

I want to go back to an average month, Novembers are not very kind to me. We had some issues in November and experienced our second month with a loss. It was a bit of a perfect storm, a lot of things happened. Listen to the episode to hear all the details.

What To Expect From Episode 66

Here are the numbers for the month.

  • Total miles ran – 7,490
  • Deadhead miles – 295 (3.9%)
  • Total revenue - $14,625.31
  • All-in rate-per-mile - $1.95 (Skewed low because of a 5 day load that delivered on 12/1)
  • Full days on the road - 13
  • Partial days on the road – 3

In the end Haulin Assets realized a loss of $2,717.11.

Check out the full show notes and drop a comment at HaulinAssetsLLC.com

#65. American Association of Owner Operators

#65. American Association of Owner Operators

December 2, 2020

Check out AAOO here: https://aaofoo.com/MCHQ

In today's episode, Chris and Craig interview David and Kyle from AAOO, the American Association of Owner Operators. Together, they talk about what truckers can do on the road to better themselves both professionally and personally.

 

Check out the full show notes and drop a comment at HaulinAssetsLLC.com

#64. October Financials

#64. October Financials

November 18, 2020

Another average month. Revenue was actually higher than normal, but net income was about average. There were some higher expenses than normal. We'll go into some of the details.

What To Expect From Episode 64

Here are the numbers for the month.

  • Total miles ran – 11,694
  • Deadhead miles – 443 (3.7%, I think a record low)
  • Total revenue - $23,550.01
  • All-in rate-per-mile - $2.01 (About like last month)
  • Full days on the road - 19
  • Partial days on the road – 6

In the end Haulin Assets realized a profit of $2,631.57.

 

Check out the full show notes and drop a comment at HaulinAssetsLLC.com

#63. Don’t Succumb to Temptation

#63. Don’t Succumb to Temptation

November 11, 2020

Making good money can be a blessing, but it can also be a curse. I have seen too many people in my career who have become blinded by a little early success and then ending up getting themselves into a lot of trouble. Craig and I talk about not falling into temptation when rates are really good and you are making good money so you avoid some pitfalls that commonly mean the end of companies that were once successful.

 

Check out the full show notes and drop a comment at HaulinAssetsLLC.com

#62. September Financials

#62. September Financials

October 21, 2020

Check out the full show notes and drop a comment at HaulinAssetsLLC.com

In addition to talking about financials, we talk about adding a truck. I'm about 90% sure I am going to do it, so I have started to look for another truck, trailer and driver. Craig and I talk a bit about that.

What To Expect From Episode 60

Here are the numbers for the month. September was an average month and that is perfectly okay with me.

  • Total miles ran – 10,145
  • Deadhead miles – 687 (Two months in a row that it was low)
  • Total revenue - $20,720.01 (Funny we keep ending on $0.01, listen to the episode lot learn why)
  • All-in rate-per-mile - $2.04 (Hope we can do that every month)
  • Full days on the road - 19
  • Partial days on the road – 5

In the end Haulin Assets realized a profit of $3,054.35.

#61. Look to the Future

#61. Look to the Future

October 7, 2020

Check out the full show notes and drop a comment at HaulinAssetsLLC.com

Or find us and reach out on facebook

A couple of episodes ago I talked about being deliberate. One of the best ways to ensure you are deliberate in all that you do is to have a clear vision. All great leaders have a good vision. Whether you are an owner operator or the owner of a large fleet, you have to have a clear vision of the future if you want to maximize your success.

What To Expect From Episode 61

Craig and I talk about what it means to have a vision and why it is so important for a business owner. Along with vision comes personal responsibility and doing the things that will help you realize your vision. I use an example of the old Briggs and Stratton engines I used when moving irrigation pipe when I was a kid to illustrate the point. 

At the end of the episode I also give my perspective on some of the new Hours-of-service changes that just went into effect. You can learn more about them here.

#60. August Financials

#60. August Financials

September 23, 2020

Another month gone by and it was a unique month, we get into why. We also answer a couple questions from listeners at the end of the episode.

What To Expect From Episode 60

Here are the numbers for the month. Craig and I go over them and talk about why the numbers are lower than normal.

  • Total miles ran – 4,764
  • Deadhead miles – 199 (4%, I think that is my lowest ever)
  • Total revenue - $12,440.01
  • All-in rate-per-mile - $2.51 (That number is very skewed because we delivered a load around the 1st, but all the miles were run in July, if you take that load out, the number is $1.98. Still the best we have seen in a while)
  • Full days on the road - 8
  • Partial days on the road – 3

In the end Haulin Assets realized a profit of $2,136.93.

To see the P&L and balance sheet, as well as full notes and past episodes, CLICK HERE.

#59. Be Deliberate

#59. Be Deliberate

September 10, 2020

Check out the full show notes and drop a comment at HaulinAssetsLLC.com

Or find us and reach out on facebook

It has always been a desire of mine to be financially successful. Since I was in my early 20's, I have had two big financial goals. The first was to have a net worth of $1 million by the time I was 40. The second is to be financially independent by the time I turn 50. I'm a very driven person, my wife both loves and hates that fact, and I have met the first goal and have 8 more years to achieve the second one. I don't tell this to brag, but in this episode I am going to talk about one of my habits that I think has had the biggest impact on my success and I hope it can help you out too.

What To Expect From Episode 59

It's been a while since we have had an episode that focuses on the mindset of an owner operator. It's a reoccurring theme on this podcast, but the mindset of an owner operator has to be different than that of a driver. Over the years, I have gotten to know a lot of successful business owners, both in and out of the trucking industry. One thing that just about all of them have in common is that they are very deliberate in all they do. What does that mean? The dictionary defines deliberate as, "Done consciously and intentionally."

In this episode, I use a lot of examples in my life that show how I have been deliberate in just about all that I do and how that deliberate mentality has impacted my success. We give some examples related to the trucking industry. I also show why that is an important habit to develop in order to realize your entire potential.

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