hey what's going on right now you watch a casinos the name and today I'm gonna teach you how to start your own trucking Authority your own trucking business with no money out of pocket their hedge fund managers making a million dollars an hour that's crazy right there's money everywhere there's money and everything I want to help you start your business today come join my royal family subscribe the casino was named that's right people no money out of pocket um we're gonna we're gonna talk about how to leverage your credit for your business and how you can make money by doing so alright first thing you're gonna need to do is you're gonna need to raise your credit limit hopefully you have several credit cards if you only have one you need to start applying for more credit cards and you don't want to do this all at one time you don't want to say well I'm gonna ply for ten credit cards this month at the same time I'm gonna go down there and try to get a loan on a truck and then at the same time I'm not gonna try to go get a trailer on credit and at the same time I'm going to try to raise my credit limits you don't want to do it like that you want to get you four or five credit cards apply for four or five credit cards and then start building up the credit right so I have been building my credit over years though right so but you want to start building your credit and get you a decent score make sure you pay on time try to never carry a balance on your credit card just just raise the credit limits so so let look for example let's say they give you a five hundred dollar credit card and now we're not talking about like a JC Penney car we're talking about a Visa or MasterCard logo kind of credit card American Express I don't really like those but MasterCard Visa logo something like that you need a logo on it in order to do what I'm talking about doing so you you have this limit so let's say your limit is only two hundred dollars every so often call them and say hey can you guys raise my limit to say $500 $1,000 now the funny thing about credit card companies are that they don't know how actually how much you make they don't know right so they'll say hey how much do you make and because you're a very honorable person you're gonna tell them exactly how much money you make you're gonna tell them you make thirty thousand a year for the thousand year one hundred thousand a year whatever it is that you make you're gonna tell them exactly in real life how much money you make because if you buy a chance tell them that you make two hundred thousand a year and you don't actually make two hundred thousand a year they're gonna give you credit based off of the fact that you told them that you make two hundred thousand a year but we don't do that so anyway you're gonna get that two hundred all the credit limit at first and then you're gonna call them a couple months later a month later six months later however often it is that they allow for credit limit increases and you're gonna ask for an increase and they're gonna base that based off of how much you make per year well how much you tell them you make per year so that's kind of that and then they still look at your you know your history on paying your debts and everything like that so so you get that critter Lema decrease so you go from two hundred to five hundred from five hundred to a thousand from a thousand five thousand to five thousand to ten thousand and eventually you have four or five cars with ten thousand dollar limits you got forty fifty thousand dollars in credit limits you know so you have available forty fifty thousand dollars right there so you also have been building your credit paying things on time paying them off and they work in instant you see where I'm going with this so you raise your credit so now your credit score is say let's say your credit score seven twenty or so so now you've been planning now this is it technically like let's say this is we can say this is the third step right so the first step is get some credit cards the second step is raising the limits on those credit cards as well as building your credit score the third step is research right so you want to do as much research as possible to kind of know as much about whatever business you're planning on going into and we're talking about the trucking business and so in this business we're gonna do this is gonna work best for hotshot trucking and not for semi trucks the reason why is because if you don't have a CDL and you're trying to go buy a semi truck that is considered an investment uh because it's a commercial vehicle and so as a as an investment they're gonna want twenty to thirty percent down and like even if you're looking at a used 50 thousand dollar truck they're gonna want ten twenty thirty thousand dollars down and so remember we're trying to do no money out of pocket and even though you can pull cash off a credit card is still a much different process much harder and so we don't want to use no money out of pocket so what we're gonna do is we're gonna go the hotshot trucking Rob we're gonna actually go down and get a dually a Dodge preferably that's what I have this why I chose to go with but you go to Chevy go to four go to Dodge get you a 3500 Dodge get your elf three fifty four fifty whatever fifty is they got or get you a Chevy I don't even know what to call Silverado do I don't know the car HD Silverado I don't I don't know but the point is you go get you a dually truck and you get your trailer now so you're gonna go down and you want to get your dually truck the way you're gonna get your dually truck from from Dodge let's just stay with Dodge what you're gonna get your dually truck from Dodge you're gonna look for a Dodge around at least a 3500 and you're gonna want the ice and transmission so that's a is ie and that's ice and transmission you're gonna want to get the ice and transmission and it comes with unlimited what lifetime powertrain warranty that's hard to beat right that truck should be less than sixty thousand dollars out the door right you should out the door less than sixty thousand between fifty to fifty eight thousand but this is the flip guess how much money you're gonna put down because that's one thing they're gonna ask you got good credit so they're gonna say okay well you're financed for this truck how much can you afford to put down I don't put anything down you want to put $500,000 2001 put $1500 nothing uh no see they always lead in with that that you need to put money down work or you know that you should put money down but you don't actually have to put anything down you can finance the entire vehicle and so that's what you do you go there you finance the entire truck they give you 30 to 60 days before your first truck note is even do so you got almost two months there before your truck note is even doing usually they allow you to pick the time that the actual date that you want to start paying and so you have almost fifty days there two to fifty sixty days before your actual truck notice do then you go and you say okay well now I can apply for my authority now you can apply online and FMCSA if you want to or you can pay somebody who knows how to do the paperwork that may be the best situation for you I've seen those no more than seven hundred dollars to do pretty much everything and then you have to call and get your insurance and you get your insurance quote it takes about three days usually for you know quotes to come back for commercial insurance but you have about three days there and then when your insurance quote comes back in guess what you can do use that credit card swipe that card and pay your insurance first I think most of them want like a down payment on your insurance like twenty percent or whatever so you put that insurance on that credit card so you're still out of pocket nothing and you will have usually if you're going out of state you're gonna have like a twenty one to twenty five day waiting period that you have like yeah you can't leave the state to haul things or whatever like that but you may be confined to your state to making money but you can actually get started making money relatively quick you get your get your authority Authority comes back my I came back within 24 hours but I just couldn't I still had to wait that twenty one twenty five day period before I could leave the state so I had that then you also have you know your deal teen inspection for your truck basically everyone it's a credit card so you could basically get you know use the credit card everywhere now here's the flip now you still need well I got a 40-foot flatbed trailer could have got a car hauler trailer could have got any of these trailers you there are actually companies that finance these trailers specifically for people like you right where you can finance the trailer and you know you just start making a payment on a trailer kind of like you're making a payment on your house on the truck and you may have 30 to 60 days before that truck before that trailer note is also due so you could actually get started and start running and making money before anything is ever even do outside of the insurance insurance comes you know relatively quick so yeah so there you go anyway make sure you like subscribe share this video you know anybody trying to start their own trucking Authority struggling business make sure you show them this video if you find any value in it next time we're gonna talk about how to get started in real estate with no money chew their hedge fund managers making a million dollars an hour that's crazy right there's money everywhere there's money and everything I want to help you start your business today come join my royal family subscribe to casino with me