#223 - $910M/Year King of Same Day Deliveries!! - John Oren

Truck N' Hustle

Rahmel Wattley

Investing, Entrepreneurship, Business

5 • 661 Ratings

🗓️ 6 March 2024

⏱️ 52 minutes

🔗️ Recording | iTunes | RSS

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Summary

#business #TruckNHustle #lastmiledelivery FREIGHTFEST 2024 EARLY BIRD TICKETS!!: www.freightfest.com FOR MERCH: http://www.trucknhustle.store FOR EXCLUSIVE CONTENT & MORE VISIT: https://www.trucknhustle.com/ __________________ Live from CLDA Final Mile Forum in Las Vegas, Rahmel sits down with John Oren. CEO of Tuya Tech & HotShot Final Mile; he has been in the last mile industry since the 1970's. He speaks on his experience in the industry, starting from nothing, making key acquisitions to grow his publically traded company. In addition, John Oren talks about how him and his Son reshaped the world of frac sand and his recent dive into the world of tech in loogistics. Guest Name: JOHN OREN CEO OF TUYA TECHNOLOGY & HOT SHOT FINAL MILE Social Profile: https://www.tuyatech.com/ https://hotshotfinalmile.com/ https://www.linkedin.com/in/john-oren-6909371a https://www.facebook.com/hotshotfinalmile/ SPECIAL THANKS TO OUR SPONSORS!!: OTR SOLUTIONS https://otrsolutions.com/trucknhustle/ CALL (470)900-3338 Or text code “OTRTNH” to 80483 FLEETDRIVE 360 Compliance Made Easy https://www.fleetdrive360.com/truck-n-hustle-fleetdrive-360-demo/ TRANSPOCFO Powered by VENNING Accounting for the Long Haul https://bit.ly/trucknhustle __________ Hosted by Rahmel Wattley http://instagram.com/therealrahmel/ THIS PODCAST WAS PRODUCED, RECORDED, SHOT & EDITED by Kweku KingNabi for Truck N' Hustle Media http://instagram.com/kingnabithegreat __________ JOIN THE HUSTLE FAM ON SOCIAL MEDIA: Instagram: http://instagram.com/trucknhustle/ TikTok: https://www.tiktok.com/@trucknhustle Facebook: https://www.facebook.com/trucknhustle Linkedin: https://www.linkedin.com/company/tnhmedia/ Discord: https://discord.gg/g8kzDNu7 Twitter: https://twitter.com/TruckNHustle Patreon: https://www.patreon.com/Trucknhustle Listen to the TRUCK N' HUSTLE PODCAST: iTunes: https://podcasts.apple.com/us/podcast/truck-n-hustle-1-trucking-podcast Spotify: https://open.spotify.com/show/55GP6pfA0RlmtEgNH70d5K _________ NOTE: This description contains affiliate links that allow you to find the items mentioned in this video and support the channel at no cost to you. While this channel may earn minimal sums when the viewer uses the links, the viewer is in NO WAY obligated to use these links. Thank you for your support!

Transcript

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0:00.0	30 months later we were at 910 million. At 27 years old, I went from having no money to sales of 3.2 million. It was life changing. In my mind, we were either growing or we would fail.
0:13.0	I talked to Houston Chronicle and to get rid of those trucks and then outsourcing the work to me. Exxon Company USA, they had like 2,200 vendors in Houston that they bought from.
0:24.6	I talked to Exxon and convinced them to consolidate that into one company, mine.
0:29.6	We created Coach USA, Holmes USA, Metals, USA.
0:33.6	And so I took on that responsibility and bought, I think the number was 73 companies in about 30 months.
0:40.9	And we boosted our revenues from, I think we were about $100 million when we went public.
0:46.3	And then 30 months later, we were at $910 million.
0:49.4	I think the most creative thing I've done is to invent the way fraxand is delivered downhole.
0:56.0	Between Josh and I, we had like 65 patents and we completely disrupted the fraxan supply chain.
1:02.0	You do not know anything about technology.
1:04.0	I was so arrogant in my thinking that, you know, I can do this too.
1:09.0	We raised a pretty good amount of money and we've blown through it all.
1:13.1	I just thought it was always uphill, right?
1:15.4	I mean, the line was going up, right?
1:18.1	And it went down, but what I had the saving grace was.
1:24.4	All right, all right, hustle fam, hustle fam, we are back with another amazing episode.
1:28.1	We are here recording live from Las Vegas, Nevada.
1:30.7	We are at the CLDA FMF24.
1:34.3	I have the distinct pleasure of sitting with Mr. John Oren.
1:37.7	He is an investor in multiple final mile businesses, everything from actual logistics, operations to tech. I've heard a ton
1:46.5	about you. I just want to learn about kind of what you're working on, kind of how you've built
1:50.7	your businesses and so forth. But first of all, I have to thank you for coming on the show,
	...

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