• Throwback: Eric Youngblood - Using Your Trucking Company to Catapult Into Other Ventures

  • May 3 2024
  • Length: 58 mins
  • Podcast
Throwback: Eric Youngblood - Using Your Trucking Company to Catapult Into Other Ventures cover art

Throwback: Eric Youngblood - Using Your Trucking Company to Catapult Into Other Ventures

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  • In this throwback episode of Get a Load of This podcast, Cameron Pechia and Ryan Young are joined by Eric Youngblood, an entrepreneur who is using trucking as a means to grow his wealth and support his other business interests. They discuss taxes, health, real estate and more. Episode Highlights: Eric shares his background story. (3:20) What is Eric's primary cargo, and what locations, zones, or states does he usually go? (10:16) Eric explains his structure works with the company with which he is working. (12:51) Eric mentions being a 1099 contractor. (14:16) Eric recommends hiring a CPA who is knowledgeable about trucking. (18:57) What is Eric’s long-term plan? (19:34) Eric explains why switching to escort right now might be a good idea. (24:32) What are the most interesting things Eric has seen on the road? (31:06) Eric mentions that all roads lead to real estate. (39:30) Eric discusses where he wants to be in his golden years. (42:52) Eric mentions changing his oil every 15,000 miles. (51:20) Key Quotes: “Trucking wasn't my end goal. So my end goal is to be operating heavy equipment and be more localized.” - Eric Youngblood “I highly recommend getting a CPA that's well versed in trucking, because they know all the loopholes and the things that you can write off and can't write off and how to lessen your tax burden.” - Eric Youngblood “The biggest thing is do the research about what company you go into making sure you understand the ins and out of it and talk to guys who are at that company” - Eric Youngblood Resources Mentioned: Cameron Pechia Thomas Comstock Ryan Young Valley Trucking Insurance
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