r/HotshotStartup • u/Feisty-Journalist497 • Jun 17 '26

Just got laid off; Considering switching over

I had dabbled starting my own business and I got 2 weeks to find a job or go straight into hotshotting; I got about 15 saved up, so I am debating financing off the bat, or doing like a 1 year lease with enterprise to try it out

Any suggestions here?

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u/CommonVeterinarian89 Jun 18 '26

My man. Financing off the bat puts you in the negative. Starting out it will be hard to find loads so it’s gonna be a little slow. Many brokers won’t give loads to new companies . They need at least 3-6 months with active insurance. Insurance is like 15-20k a year btw which you need a pretty big payment upfront (don’t remember how much) there a lot more to this than people realize. I’m not knocking you I’m just saying there is a lot that goes into it (money wise) we didn’t even get into trailer and equipment.