What Experience is Needed?
So let's cut to the chase - can you become a freight broker even if you have zero experience? Absolutely! Just think about it, every single broker out there started out as a newbie at some point. You don't need to be a transportation guru or have any prior experience to break into this industry. In fact, not having any experience can work to your advantage because you won't have to unlearn any bad habits. Some folks who worked in trucking before may have picked up some less-than-stellar practices that they need to shake off, but you, my friend, are a clean slate! You can soak up all the knowledge and skills like a sponge and the possibilities for learning and earning are endless. So why not give it a shot?
Working in the brokerage world is a great career opportunity that involves three main roles.
W2 Broker: This role is for employees of a brokerage company who usually have no prior experience, and thus undergo intensive training over their first few months on the job. During this time, they gain the basic knowledge and experience necessary to be successful.
Licensed Broker: Those interested in this route must meet certain entry barriers, such as money and specific application steps, which can get you your freight broker authority from the FMCSA within about a month. Although there are no legal requirements for experience, successful brokers often receive excellent training or coaching to ensure success.
1099 Freight Agent: This alternative doesn't require being licensed but instead involves becoming an independent contractor under a licensed brokerage company. While experience is typically rewarded with higher commission percentages, those with none may get paired with experienced agents or put through a training program in order to maximize their chances of success.
No matter what level of experience an individual has, each of these roles requires dedication and commitment in order to create a successful career in the brokerage world. Furthermore, due to its flexibility when it comes to entry barriers – particularly in terms of licensing – it provides an opportunity for anyone regardless of background to join the industry and start making money quickly.
If you're starting a freight brokerage without any prior industry experience, it's essential to find the appropriate training program. This is an industry that can be difficult to navigate on your own and understanding all its complexities makes for a much better chance of success. That's why we created the Freight Broker Basics course - our step-by-step instructional guide provides new brokers with an in-depth understanding of everything they need to know. It covers topics ranging from obtaining their authority, prospecting shippers, onboarding carriers and managing admin tasks. With our comprehensive training program, newer brokers get a solid foundation in which to start their journey through this market.
Without proper direction or education into the world of freight brokering, building a successful business would be much more difficult than it needs to be. Projects such as these require extensive knowledge and skill to do them right so having access to experienced professionals will make all the difference. The Freight Broker Basics course not only helps you learn but gives you the tools and resources necessary for success - something that cannot be measured in monetary terms.
Training is only one part of the equation when it comes to becoming a successful freight broker. A reputable coaching program can be beneficial in addressing specific needs and challenges that may arise in your journey. Every freight broker's situation is unique, so it is important to consider all of the available coaching options before committing to any particular one.
One-on-one coaching with an experienced pro provides personalized instruction and direct feedback. Group coaching provides an opportunity to learn from fellow trainees who may have different experiences and questions than you do.
Learning from Peers
It's crucial to have a deep understanding of the industry and the knowledge to stay on top of the ever-changing trends. Building relationships with other brokers is key in this regard, as they can provide valuable perspective and feedback. One way to do this is through virtual meetings, such as those provided by Zoom or Microsoft Teams. You can arrange dialing sessions together or simply keep an open dialogue going when you need assistance. There are also many Facebook and LinkedIn groups dedicated to brokers, providing even more networking opportunities. Establishing these connections will help you immensely on your journey, as you'll have access to invaluable resources that you wouldn't otherwise come across.
So, are you ready to become a freight broker? You don't need to have prior experience in the field - all you need is the right training, coaching and feedback from experts. With these tools, anyone can start their own venture in this industry and make their dreams a reality.
So don’t be scared by the thought of entering a new market or taking on a big project – grab this opportunity with both hands and make it happen. With the right know-how, you can be a successful freight broker in no time!