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Truck N' Hustle

#101 - Mike Nelms - Start Your Trucking Business For Free | Keep Trucking Transportation | #1 The Trucking Podcast

Truck N' Hustle

Rahmel Wattley

Investing, Entrepreneurship, Business

5661 Ratings

🗓️ 13 July 2021

⏱️ 52 minutes

🧾️ Download transcript

Summary

#trucknhustle #trucknhustlepodcast Join us this fall at Freight Fest, Trucking Conference Of The Year brought to you by Truck N’ Hustle November 4th-6th Houston TX! Special Offer https://freightfest.com Special thanks to our sponsors for collaborating with us for the FreightFest 2022. You check our Sponsors on the link below, https://linktr.ee/trucknhustlepodcast Buffalo NY’s native, Mike Nelms, is a multi-prenuer who has garnered a reputation for helping others to start trucking businesses and doing it for Free. The HBCU Howard University alumni who has dual degrees in physiology and administration of justice, Started Keep Trucking Transportation which consists of his own fleet of trucks and also truck investors. The company is designed walk investors though the process of starting, operating and scaling their trucking business. Mike’s company will dispatch and help you manage your operation while the investors are able to be hands off and collect a residual income. Mike has started several businesses over the years, in total 6. He got his start with a medical billing firm. Which he would grow to become a success. Later, seeing a need in transportation, Mike would take his already established organization and pivot into the trucking industry. He got his start with box trucks, which he scaled up to 12. He would later diversify into semi trucks, growing up to 17 total. Mike and his team developed a system for dispatching and scaling which would help them grow and they wanted to share their strategies with others others including friends and investors looking to get into the trucking industry. --- Send in a voice message: https://anchor.fm/trucknhustle/message Support this podcast: https://anchor.fm/trucknhustle/support

Transcript

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0:00.0

Yo, what's up, y'all? This is Fatman Scoop. Fat man scoop, Kalkland, and you are now tuned in to the number one trucking podcast in the world, period.

0:10.1

Exclamation point, end comma, truck and hustle. Let's go.

0:16.5

What's up, y'all? This is Ramel Watley, and welcome to Truck and Hustle, the podcast for Trucking

0:22.4

Entrepreneurs. If you want to learn about the trucking industry from the business side of things,

0:27.2

you're in the right place. Every week, I interview the people who are making it happen on a daily

0:32.1

basis. I get them to share their successes, their failures, and sometimes even their secrets.

0:38.7

The goal is to show you how you too can create financial freedom in the booming trucking industry. So sit back, relax,

0:44.4

and enjoy the show. I purchased the first eight and rented the other four. Okay. And then I realized

0:50.7

renting them and just the price margin wasn't't really advantageous for me to keep rent.

0:55.9

Okay.

0:56.4

Right.

0:56.8

So it's kind of like spending my wheels with the last four.

0:59.2

So they just really want to invest.

1:00.6

So they'll ask, hey, what type of trailer should I purchase?

1:03.4

I'm always going to say repo for that exact reason.

1:06.8

So most people are tapping into the repo that we deal with.

1:10.1

There's so many streams of income in trucking.

1:12.1

We don't just tap in the dispatching.

1:13.7

We rent trailers.

1:14.6

We buy trailers, rent trailers.

1:16.3

We advertise on our trailers.

1:18.5

We don't do.

...

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