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Truck N' Hustle

TNH CLIPS - The KEYS To SUCCESS In WAREHOUSING! Costs, Misconceptions, How To SCALE & MORE!!

Truck N' Hustle

Rahmel Wattley

Investing, Entrepreneurship, Business

5661 Ratings

🗓️ 7 May 2023

⏱️ 18 minutes

🧾️ Download transcript

Summary

#trucknhustle #podcast #trucknhustlepodcast Seretha Willingham, founder and CEO of SJW Logistics sits down with Rahmel to discuss how her experience in corporate America helped her grow to a fleet of 12 trucks in 6 months. She further dives into scaling to a full service 3PL with the opening of a 22,000 sq ft Warehouse. WATCH FULL EPISODE: https://www.youtube.com/watch?v=GQ_jvsRdhxk&t=151s CONNECT WITH SERETHA WILLINGHAM: https://www.linkedin.com/in/seretha-w... https://www.instagram.com/sjwlogistics/ https://sjwtrucking.com/ __________ GET RESET TICKET FOR PHILADELPHIA, PA https://www.universe.com/events/truck-n-hustle-reset-philadelphia-pa-networking-event-tickets-9GD3Y7 GET RESET TICKET FOR CHICAGO, IL https://www.universe.com/events/truck-n-hustle-reset-chicago-il-networking-event-tickets-30QSZ6 GET EARLY BIRD TICKETS FOR FREIGHT FEST 2023!!: http://FreightFest.com FOR MERCH: http://www.trucknhustle.store FOR EXCLUSIVE CONTENT & MORE VISIT: https://www.trucknhustle.com/ __________ SPECIAL THANKS TO OUR SPONSORS!!: OTR SOLUTIONS https://otrsolutions.com/trucknhustle/ CALL (470)900-3338 GTT COMMERCIAL TIRES https://www.gttcommercial.tires/ CALL 1(800)991-6251 __________ MENTIONED ON TRUCK N' HUSTLE PODCAST: DAT POWER - The Industry's Most Advanced Load Board http://www.dat.com/power/0001922618 DAT TRUCKERS EDGE http://www.truckersedge.com/0001922618 DAT EXPRESS http://www.dat.com/express/0001922618 __________ THIS PODCAST WAS PRODUCED, RECORDED, SHOT & EDITED by Kweku KingNabi for Truck N' Hustle Media HERE IS WHAT WE USE: Blackmagic Design Pocket Cinema Camera 6K Pro: https://amzn.to/3BwRUYm Rode RODECaster Pro Podcast Production Studio: https://amzn.to/3Bw3cvW Electro-Voice RE320 DYNAMIC MICROPHONE: https://amzn.to/3BuhmxD Sigma 18-35mm F1.8 Art DC HSM Lens for Canon, Black: https://amzn.to/3FMqvUE Godox SL-60W CRI 95+ LED Video Light SL60W White 5600K Version: https://amzn.to/3HqXRtE __________ 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

You're building this business, right? You have three trucks. Well, you have one truck that's yours and you have three that leased on to you. Yes. Right. And then in 2020, you get let go from your job. Yes. All right. So now what happens? So at that time in 2020, we had five trucks. I had bought two more trucks of my own and I still had those three owner operators. And I said, you know what? I don't want to go back to corporate America. So my husband and I still had those three owner operators and I said you know what I don't

0:22.0

want to go back to corporate America so my husband I we sat down and talking he was like I've

0:26.0

been telling you for a year you could have left anyway you know you're the late one here you know

0:31.7

and so I once I got laid off I contacted Hope okay and told her what happened because she had asked me a couple weeks before that.

0:39.8

Like, why are you still working?

0:41.1

Right.

0:41.3

So when she did that, when I told her about it, she sent me an email or some people were looking for minorities to do a contract with IKEA, but you had to be asset based.

0:52.8

Okay.

0:53.3

And I was asset based. Yeah. And I was asset based.

0:55.0

Yeah.

0:56.0

And it was here in Georgia and we picked up in Savannah and delivered to Atlanta for

0:59.0

IKEA seven days a week.

1:01.0

So with that contract and all of the funding that they gave out in 2020 for the businesses,

1:09.0

I was able to go from five trucks to 12 trucks by that October so we

1:13.7

expanded and then by that December we decided well what do we want to invest in because we don't

1:20.3

want to just depend on trucking revenue per se because you know how that goes they'll they're up and down

1:29.4

so we decided to say well what other business are we're gonna open we thought about roadside because we got robbed with

1:33.8

roadsides a lot right right right you're like they're definitely making money yes yes and then we thought

1:39.1

about the brokers again but none of us are really sales people on there per se and we would like we

1:46.1

don't have the staff in place at this time and we landed on warehousing and so

1:52.0

that that I think we started about September October with our business

1:57.1

planning for the next year okay and I said well I don't know about

...

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