#103 Mike Stewart - How To Build A Million Dollar Fuel Transport Company | Reliant Tank Division | #1 The Trucking Podcast

Truck N' Hustle

Rahmel Wattley

Investing, Entrepreneurship, Business

5 • 661 Ratings

🗓️ 27 July 2021

⏱️ 70 minutes

🔗️ Recording | iTunes | RSS

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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 Mike Stewart is literally in a big league of his own. The 34 year old entrepreneur has built an impressive fleet of 9 Trucks and 15 trailers, specializing in hauling hazardous materials (HAZMAT) that consist of everything from Fuel to Wine and Orange Juice. And it took him about 3 years. The California native attributes his rapid growth in this niche to a few key things. One, he and his team’s attention to performance, Two, prioritizing his driver’s and having extremely low turnover. and Three, the fact that Hauling Hazardous materials is not over saturated like some of the other trucking niches. In fact, the demand is so high that Mike implores other to get in now. The opportunities are great endless. Mike started his driving career at 23 following in his fathers footsteps, who also is a tenured driver. He began working for CR England as a company driver, but quickly became a owner operator seeing the high earning potential. Things with CR England , would not last long. Although Mike built up to 2 trucks, he got frustrated with the industry and sold them both. Reset. After some “time off” Mike decided to haul fuel because he knew it was the highest paying local CDL job in his area and he had previous HAZMAT experience. He took on the most difficult fuel hauling position and developed a passion for it. He would even grow to have supervisory role in his company, but his dreams for the company were bigger than their own. “The company did not see their own potential!” Mike wanted bigger! Mike took what he learned and all his HAZMAT experience, purchased a truck and a old tanker trailer and started Reliant Tanker Division. Fast forward Today, Mike has grown the company to not only hauling Fuel, but to specializing in all things HAZMAT with a mix of tankers, reefers, flatbeds and more. He has mange to carve out his own lane and has audacious plans for the future. --- 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 Batman Scoop. Fatman Scoop, Kalkman Clan, 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.
0:37.6	The goal is to show you how you too can create financial freedom in the booming trucking
0:41.9	industry.
0:42.7	So sit back, relax, and enjoy the show.
0:46.4	Like, when I say bro, like, zero dollars.
0:50.0	Because when I got the truck, I wasn't able to buy like air freshener, floor mat,
0:54.0	nothing. All I got was that, I wasn't able to buy like air freshener, floor mat, no, nothing.
0:54.8	All I got was that truck.
0:56.4	And I pulled up, told her this is what I had, this is what I can do.
1:01.5	And from that moment on, from for some reason, she said, you know, I'm going to give you a
1:07.2	test run.
1:07.8	I'm going to give you seven loads to see if you can handle this.
1:12.2	And if you handle it, we'll put you on.
1:14.5	And me and one driver, we handle those seven loads.
1:19.2	And from that moment, as a minimum, from that particular refinery,
1:22.8	they've given us 67 loads per month.
1:27.5	Turn my mic up.
	...

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