#70. January 2021 Financials - podcast episode cover

#70. January 2021 Financials

Feb 10, 202122 minEp. 72
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Episode description

January was another pretty good month. Mike was on the road more days than ever before, and you can see he was able to get in a pretty good number of miles. Listen to the episode to hear all the details.

What To Expect From Episode 70

Here are the numbers for the month.

  • Total miles ran – 12,929
  • Deadhead miles – 451 (3.49%)
  • Total revenue - $25,575.32
  • All-in rate-per-mile - $1.98 (Not as good as December, but pretty good for a January)
  • Full days on the road - 25 (Busiest month ever)
  • Partial days on the road – 4

In the end Haulin Assets realized a profit of $6,554.69.

Impact Tip

Be intentional about what you do with your money. Every dollar needs to have a purpose. You have a certain amount of money set aside for fuel, a certain amount for maintenance and repairs, a certain amount you pay your drivers and if you are an O/O, you should pay yourself a certain amount. One of my biggest pet peeves is when business owners use their business as a personal piggy bank. It’s a terrible practice.

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