Choosing The Right Tire For Your Truck

A significant segment of the economic landscape of the America would fall apart if not for the literal deliverables enabled by trucking. What makes your freight truck an asset is its reliability as a courier that delivers goods intact and in time.

Image source: consumerreports.org

With this, choosing the right tire for your truck should come with a sensible set of considerations in order for you to avoid delays and resume your business of bringing goods in safely. Here are a few tips.

Choose a set of tires which are a good match to your road local roads. All-weather tires are suitable for general use, but if you happen to operate in a cold region or one which is located right smack in the middle of a desert, then you’ll be better off going specific in your choice.

Trucks are generally designed to carry heavy loads. For your tires, you need a set that can do so. Keep away from the kind of thinking that says that bigger tires can carry larger loads. The truth is same size tires have different load ratings, which are caused by design and materials.

There is also such a thing as heat rating. The higher a tire’s heat rating, the more it can dissipate heat. This is of utmost importance for trucks that carry heavy loads over long distances at high speeds. There is a lot of heat due to friction that can come quite intensely on your tires.

There is nothing more reassuring to any truck driver than a set of tires that will allow him to do his work with peace of mind. The more trips he makes, the more business he gets to profit from.

Image source: consumerreports.org

Fred B. Barbara started as a young entrepreneur when he established his trucking business at the age of 18. Soon enough he had a solid fleet of 150 trucks, which he sold for $58.5 million in 1997. For more information on the trucking industry, follow this Facebook page.

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How Young People Can Prepare For Entrepreneurship

Image source: vividresults.co.uk
Image source: vividresults.co.uk

“How do I start?” This is the most common question young aspiring entrepreneurs have been asking. Some have few ideas, while most of them really have not any clue on how to begin.

While passion for the business and courses on entrepreneurship would help, they are hardly enough. Creativity, willingness to take risks, problem-solving, and ability to flow with change are just a few of the traits that should be nurtured by the aspiring entrepreneurs, their mentors, and society.

The rapid evolution of technology and a paradigm shift towards valuing the importance of startups have been helping young people do the critical step in entrepreneurship: learning.

Should the next generation decide to follow in the footsteps of successful business leaders, they must follow their recommendations, which has been consolidated to the following:

Applied learning: Learning does not have to be just theoretical; people of any age can start learning the business through entertaining and educational business gamification and simulation programs. Learning can be combined with doing.

Image source: ageofthecustomer.com
Image source: ageofthecustomer.com

Adaptive learning: There are learning tools that can adapt to the student, instead of the other way around. As every business and entrepreneur can be at a different stage in the process, these tools are helpful.

Continuous learning: Business advisors should be prepared to help aspiring entrepreneurs at every stage. And these young ones should avoid being crippled by fear and ego; because when one is not constantly learning, he is lagging behind.

Fred Barbara has always had an eye for investments opportunities and entrepreneurial skills since he was 18 years old. He currently holds board membership in various companies. Follow this Twitter account for more discussion on business and investments.

Big Rig Drivers: Safety Pointers For Truck Drivers

Fatal truck accidents occur far too often in the U.S. Studies show that 100,000 people are injured every year in truck crashes. Moreover, truck driving ranked number 8 on Time’s Top 10 Most Dangerous Jobs in 2014. To avoid truck crashes and other accidents while driving, here are some safety tips for truck drivers:

Image source: azcapitoltimes.com

Take extra precaution during bad weather: Drivers should check weather reports before driving to prepare for an inclement weather. Speed should be cut by half or a third on wet and snowy roads. Signals must blink at least five times when switching lanes and turning, and it would be best to pull over if it is too dangerous to continue driving.

Reduce speed when necessary: This is especially applicable in work zones, curves, turns, wet roads, and ramps. Big rigs should always be driven with utmost care and control. Some speed limit signs are meant for cars, not trucks so truck drivers should be careful in following road signs.

Stay alert: Truck drivers must maintain a safe distance from other vehicles, be aware of regulations, watch out for blind spots, and plan ahead of unexpected events.

Image source: truckdriverresume.com

At age 18, Fred B. Barbara started out in the trucking business. His trucking company has been turned into a multimillion dollar enterprise through his investment expertise. To learn more about investment and the trucking industry, visit this blog.

Amusing Facts About the Trucking Industry

The trucking industry in the United States is often overlooked. Most Americans have no idea how big the industry is, and how it affects the country’s economy. Here are some relatively amusing facts on the trucking industry.

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Image source: championtrucklines.com

  • The first truck was made by Charles Freuhauf because someone wanted a car that could pull a boat.
  • The trucking industry is big. How big? Over a trillion-dollars-a-year big.
  • When the mileages of all 15.7 million trucks in the United States are combined, they would total approximately 5 billion miles a year.
  • More than 60% of freight in the United States is brought around by trucks.
  • Exhaust emissions are down 95% over the past 20 years.
  • There are over 3.4 million truck drivers in the United States.
  • Ninety percent of the trucking industry comes from small businesses that own ten or less trucks.
  • To become a licensed commercial truck driver doesn’t require any training at all.
  • Truck drivers drive over 115,000 miles a year, and spend over 240 days on the road.
  • Clothes, food and furniture are the top items carried by trucks in the United States.
  • More than 200,000 long haul truckers are female.
  • A car needs around 500 gallons of fuel in a year. A commercial truck needs approximately 20,500.

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Fred Barbara started out in the trucking industry when he was 18. In 1997, Barbara sold his trucking company for $58.5 million dollars. Today, he is a much-respected investor in Chicago. To learn more about Fred Barbara, visit hisFacebook page.

Doubling Investments With The ‘Rule Of 72’

A lot of people invest because they know they can earn money even amidst a struggling economy. But how long does it take an individual to grow their hard-earned money? Some investors double their wealth in a decade, but others take longer than the usual. Studies say one can have twice as much wealth in a decade if they invest in stocks or 72 years in a savings account.

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It pays to understand the math of investments.

The market can go down in a year, and investors will have to wait a couple more years to see the light in their investments. And this is the reason people should invest money that they won’t be needing for the coming years in stocks.

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Image source: forbes.com

The “Rule of 72” is a way for investors to find out how their investments can double in a given fixed annual rate of interest. The annual rate of return is divided by 72 so investors can have an estimate of how many years it can take them to duplicate their initial investment.

For example, if a dollar is invested at 10 percent, it would take the investor 7.2 years for it to double into $2. The Rule of 72 is accurate when it comes to low rates of return. This simple math rule can be extremely helpful for those who want to learn more about their investments.

Learn more about business and investment trends when you visit this Fred B. Barbara blog.

What College Graduates Need To Know About Investing

Finding a job is probably the first thing on every graduate’s mind after finishing their studies. And rightfully so, with the capacity to finally earn income and be financially healthy. It is important, as well, to understand that a huge contribution to financial health is increasing the number of sources of income, which includes investing.

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By learning to invest early on, good habits are formed, which will eventually pay off in the future. And for the new graduates, embracing investments can be to their advantage. For one, they do not have family responsibilities yet to prioritize. Emergency expenses are also scarce. Investing at a young age, therefore, can maximize potential profit.

One thing first-time employees should learn is how to max out their 401(k). Some employers offer retirement savings plans such as the 401(k). By forcing savings, the chances of spending money by mistake is minimized. Similarly, whatever cash is taken home after taxes and contributions, a saving-spending budget should be made.

job-interview-tipsImage source: smashinghub.com

There are a lot of options to invest in including mutual funds, stock market, and business investment. And time may be needed to learn what is the most suitable one. While waiting, saving money should be a priority. The best way to start any investment is to have enough financial capacity to do so.

Fred B. Barbara, at a young age of 18, started his trucking business, and then grew his investments over time. Learn more about ventures by following his Facebook account.

A Beginner’s Guide To Die-Cast Models

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Image source: legacydiecast.com

Cars are interesting. Whether a classic or a new release, people find fascination with these four-wheeled wonders. While collecting real cars may cost you a fortune, you can still express your love for cars by collecting die-cast models.

Collecting model kits is like the real thing—only the vehicles are smaller. People who are into building things will enjoy this hobby since it requires detailed, mini-constructions that will feed one’s imagination.

The first die-cast car was a 1932 Ford Roster created by Derk Brand of England. It became a popular hobby among car enthusiasts during the 1950s and ‘60s. Many car models were at a 1:25 scale.

So how do you like your die-cast models? Here are a few tips to get you started with your newfound hobby.

Take good care of your models.: Store your die-cast models in a dry, cool place. Take time to wipe off dirt from time to time and have them re-waxed every five to 10 years. You can also use a compressor can to get rid of dirt in the interiors.

Be sensitive about its value.: Many die-cast cars come in full packaging, and some don’t. Be sensitive about their market value, and refrain from opening every single box. The models’ value may depreciate if you are not careful of their original packaging. But if you’re buying duplicates, go ahead and tear off the box.

Image source: forums.finalgear.com
Image source: forums.finalgear.com

Quality is better than quantity.: So, you’ve got a bunch of unmaintained die-cast cars lying on your bedroom floor, waiting to be stepped on. Collecting die-cast cars is not about buying the most number of models. Start by investing in a few, good-grade models and work your way up.

Fred B. Barbara is a skilled businessman, investor, and a die-cast model collector. Follow this Twitter account for similar updates.

Business With Crates: The Ballooning Freight Demand In The Us

Image source: business-ethics.com
Image source: business-ethics.com

Transporting massive quantities of goods, such as raw materials, finished products, and even specialty items (e.g. furniture, chandeliers, etc.) require large transport vehicles such as trucks. In the U.S., freight demand has grown steadily over the years, pushing the trucking industry to its limits and requiring it to step up its game.

Some companies have added more crates to address this concern instead of increasing the number of trucks and hiring new commercial drivers. This strategy has been used by almost 70 percent of trucking companies. It can minimize operational expenses while maximizing profits. More crates mean more spaces to be filled in and more merchandise to be delivered.

Image source: xpats.com
Image source: xpats.com

Hiring new commercial drivers has become tough in the past few years because of the decrease in the number of licensed commercial drivers. With this, some trucking companies strategized by providing signing bonus to potential sign-ups, or increasing salary offer to stimulate transfer. With the combination of driver incentives and additional crates, drivers’ hours and quality of service can be maximized. Experts predict this could be the best solution to meet the exponential surge of freight demand in the coming years.

Fred B. Barbara is a skilled entrepreneur and investor who began his foray into business at the age of 18. He grew a small trucking company into a multimillion dollar enterprise and has gone on to triple that amount in the present through his investment expertise. More about him can be read here.

Makings of a Winner: Traits Shared by Successful Entrepreneurs

When people ask what it takes to become a successful entrepreneur, they get answers like passion, intelligence, audacity, and luck. It might also paint a picture of someone who can work for days on end with no breaks whatsoever. However, there are also other more compelling traits that are shared by successful entrepreneurs that others may not or thinly possess. A few of them are as follows:

Image source: boldanddetermined.com

1. Uniqueness

The world is dominated by people who want to develop their own brand, become influencers or game changers, attain a certain degree of prestige, or get massive attention on social or mainstream media. As such, it is increasingly common for entrepreneurs to think outside the box and destroy competition by introducing innovative services, products, or even ideas. Being unique and genuine will definitely give entrepreneurs a competitive advantage.

2. Taking breaks

A stereotypical view of a successful entrepreneur is someone who is a workaholic and has business ingrained into their minds 24/7. However, the fact of the matter is that great entrepreneurs are grounded, rested, and healthy. If a person cannot even take care of himself, then he cannot hope to look after his employees, clients, and ultimately his business.

3. Thirst for knowledge

Successful entrepreneurs aren’t know-it-alls. In fact, they actually embrace the idea that they still have much to learn. As such, they take every learning that comes their way and use their newly acquired knowledge to generate new concepts or improve already existing ideas.

Image source: entrepreneur-ideas.org

Fred B. Barbara is a skilled entrepreneur and investor who began his foray into business at the age of 18. Know more about him here.

Never Too Young To Get The Business Rolling

Image source: autosphere.ca
Image source: autosphere.ca

Young people taking the helm of companies and leading to meteoric seem like a modern tale tied to the twenty-something tech moguls heading successful concept businesses that grow practically overnight. Such stories were virtually unheard of before the 1990s when the pace of business was slower. The success stories then, however, were no less impressive.

At the age of 18, Fred B. Barbara took the reins of his own trucking business and embarked on the direction of gradual and upward growth. Once comprising a single truck, the business under Barbara’s watch grew into a company into a multimillion-dollar enterprise over the course of two decades.

Barbara had experience on his side. Coming from a family that has been in the trucking business for at least two generations, he began his entrepreneurial journey working as a junior mechanic and as a driver in the family trucking business. Later starting his own business with only a single truck to his name, he quickly grew and diversified his holdings. By the time he sold the company in 1997, it had boasted of a fleet of 150 trucks. In that timeframe, he had also founded several successful companies in the sanitation and recycling.

Image source: forbes.com
Image source: forbes.com

Barbara’s success is due in part to his commitment to finding new opportunities for diversification and innovation and his commitment to employee welfare and excellence. He credits his employees with helping his business grow to that point; likewise, his employees were often more than eager to work even in adverse conditions. Innovation also led to key investments in new technology, which had allowed his recycling and shredding enterprise to stay competitive.

Barbara would soon find his true calling in investments. Today, he has made triple the amount from the sale of his business. In addition, he sits on the board of directors of several companies.

For more updates on Fred B. Barbara’s lines of expertise, visit this blog.