LP? Or Stay Company?

2585394

{"text":"Hi everyone! My name is Christian I wanted to ask.. LP or stay company, I’ve heard a lot of good about LP im just not very knowledgeable about being independent in this scenario is it worth it? I’m ready to run! I just got my CDL earlier this year & I feel like I’m pretty responsible with my time management & as far as pre planning trips & stuff im confident I’ll be able to save money anywhere I can but my current financial situation isn’t the greatest & it’s just me & old momma bear at the house so I’ve been needing to step up for quite some time, wanted to know what you guys thought about it, anyway thank you for your time!","videos":"[]","link":"{}","pics":"[]","canComment":true,"externalShare":false}

947811

{"replyTo":"","text":"I agree unless you have a very good dedicated run that you know is going to make you money. otherwise stay company. Take it from an 18 year otr veteran.","replyToPid":0}

1730426

{"replyTo":"","text":"honestly I would stay company for little while longer. try getting some money buil up. but if I was you I would go and try to save money and then buy a truck vers lease","replyToPid":0}

2585394

{"replyTo":"","text":"Thanks so much!!","replyToPid":0}

925557

{"replyTo":"","text":"Do your research and have an attorney familiar with the trucking industry look over any LP contract before you sign it. According to the OOIDA the vast majority of LP contracts end up in failure. Like the others have said,  I would stay a company driver, save up as much money as possible then decide whether LP or buying your own truck is better for you. The number one reason new O/O's fail is because they do not have enough money in savings to cover unexpected expenses, and you will have them","replyToPid":0}