It can go either way. If you go out, buy a truck, and don't even know which end of a wrench you're supposed to use, it probably won't work out for you. Likewise, you deal with a lot of paperwork being an owner/operator, so you need to be able to do that, as well. For me, it's been worth it.
Similarly, it is asked, how much can I make as an owner operator?
How Much Do Owner-Operators Make? Owner-operators tend to make around $100 – $150k (USD) per year gross, normally placed right around the $141,000 mark.
Also to know, is it better to be an owner operator truck driver?
Owner operators generally earn higher per-mile rates than company drivers, or a percent-of-load rate. Although they make more income per load, they also must pay all the expenses of operating a truck and business. Owner operators are free to operate as they choose and aren't subject to forced dispatch.
How hard is it to be an owner operator?
It takes an intense work ethic and hard, smart work to be successful. In the beginning, after becoming an owner-operator, you'll need to drive 70 hours a week and spend extra hours behind the scenes to keep the business running. You have to be prepared if something happens to your truck or you need more money for fuel.
How much should owner operators charge per mile?
Trucking Company Revenue (Rates) Per Mile. One of the most common questions that new owner-operators ask industry veterans is “how much will I make per mile?” Often, they hope for a simple answer, such as $1.50 or $3.00 per mile. The fact is that there is no standard answer.