That’s a 15% return on investment. That’s not bad.
Amazon Wants Suckers!
- Thread starter Rick Ross
- Start date
Not sure that’s necessarily accurate. May have some full time, some part time.
Honestly it looks similar to Fedex Ground projections for their contractors.
Returntosender
Well-Known Member
Ever considered being a silent partner with the owner? Use your ups knowledge to help the owner! Give that particular owner an operational advantage, in a few years that owner and you can buy another owners amazon business
That’s a very good idea.
Rick Ross
I'm into distribution!!
This would also be a 7 day operation vs. 5 for ground.
Ground is more a 6 day operation. Still, might be worth it.
Covemastah
Hoopah drives the boat Chief !!
I’ve said it before , UPS. FEDEX and the Post Office should have the balls to all tell Amazon to go pound sand ,,, do it yourself !!!
They’d be sunk in a week and beg us for a deal !!! Amazon needs us more than we need them !!!
They’d be sunk in a week and beg us for a deal !!! Amazon needs us more than we need them !!!
Rick Ross
I'm into distribution!!
Thinking of it, if you run 7 days they could have 80 drivers run a 4x3 and 3x4 schedule. I guess the others would be coverage, management and bookkeeping.
olroadbeech
Happy Verified UPSer
don't you think that is the best case scenario to get people to sign on?
what percentage of business owners with 40 vehicles do you think will actually earn 300k? probably the top 10% if that.
I have seen this in the trucking industry. Swift, England , or the other big trucking companies try to entice their drivers in becoming owner operators with claims like these. very few make it . most of them go back to driving a company truck.
Amazon believes in that old saying.."there is a sucker born every minute."
the turnover is going to be astronomical .
olroadbeech
Happy Verified UPSer
CoolStoryBro
Well-Known Member
Is it possible for one person to manage 40 trucks and 100 employees? Is that 300k after you hire a management team for this operation?
That’s true. But you have to look at it as an investor. 15% is astronomical. 10% is damn good year after year. 7%? Still not too shabby. And there’s growth potential and as a company, taxed now at only 21%. Jeff Bezos is lovin Donald Trump!
oldngray
nowhere special
I would say so. Probably 4 driver/manager types.
olroadbeech
Happy Verified UPSer
I wasn't looking at this as an investor since you probably are not just putting up the money and sitting back and waiting for that 300k return.
i'm sure there is work involved . is Amazon saying this 300k after you paid yourself a salary for all your hours involved?
if that is so then I agree with you.
but my gut is telling me this is a smoke and mirrors show. ya, I'm getting cynical in my old age.
I’d say $300k is a stretch. But getting good managers and farming out the paperwork is the real work that the owner should keep up on. Sometimes tricky but doable.
P
pickup
Guest
Why doesn’t Amazon just keep the work in-house and keep that supposed 15 percent return on investment?
Same reason X doesn’t?
Wow so much mis information in this thread... Does anyone read anything anymore?
The initial investment is 10-30k which is to cover expenses until you get rolling, travel to Seattle, 3 weeks training etc. Vans are discounted leases, discounts on equipment, uniforms, insurance packages etc. as well. You don't actually end up owning very much so if it doesn't work out you are only out ~30k max. If you aren't an idiot though it should be very easy to succeed with the amount of volume Amazon has and the fact that they have an interest in you succeeding.
The initial investment is 10-30k which is to cover expenses until you get rolling, travel to Seattle, 3 weeks training etc. Vans are discounted leases, discounts on equipment, uniforms, insurance packages etc. as well. You don't actually end up owning very much so if it doesn't work out you are only out ~30k max. If you aren't an idiot though it should be very easy to succeed with the amount of volume Amazon has and the fact that they have an interest in you succeeding.
Mutineer
Well-Known Member
Don't kid yourself. Amazon has no interest in 'you' succeeding. Amazon will simply cancel contracts until they find people who do succeed. Success will be determined with an unknown metric that will constantly change until they find a "sweet spot".
In the interim heads will roll and people will lose their asses.
Don't think even for a second that Amazon will 'care' about anybody. Unless that person makes a good poster child for their nausea inducing, diversity themed website.
If it's anything like XG, they'll cheerfully throw anybody under the proverbial bus for any reason.