Whenever I need a little motivation, I like to hop on YouTube and watch videos profiling food truck owners. A few years ago, CNBC profiled a dumpling food truck in New York. And the YouTube channel Munchies has a regular series where they profile food truck owners, ranging from complicated food truck operations with award-winning food to people doing simple things like running a hot dog stand or a breakfast cart or selling wood-fired pizza out of a pickup truck in a parking lot.Â
I find food truck owners to be an interesting group of people. They’re extremely passionate about what they do. They work harder than almost anyone I’ve ever seen. And, the thing I really relate to, these food truck owners value control and autonomy over their lives more than anything.
I know that a lot of the people that run these food trucks do so because they don’t have many other options. Many are immigrants simply making enough to get by. But there are just as many that rejected the corporate, 9-5 career that many of us have been told to follow. Instead of going down the path that everyone told them to take, they went a different way.
After watching a lot of these videos, I think there are some lessons we can take away from these food truck owners about how to approach work and life. Here are some of the lessons I’ve learned (in no particular order).
Work Doesn’t Always Have To Feel Like WorkÂ
Growing up, I was taught that work wasn’t about finding your passion or doing something you enjoyed. My parents were immigrants, so to them, work was something you did because you had no choice. Work was unpleasant and that’s why someone paid you to do it.Â
My first job out of law school was precisely that. I worked long hours at my firm and hated every minute of it. The thing is, I approached work the way my parents had taught me. Work wasn’t supposed to be fun or fulfilling. It was a trade-off inherent in work. If I wanted to get the big paycheck, I had to accept that I had to work hard doing something that I didn’t necessarily enjoy. Work, as I had been taught to believe, was work.Â
The unifying characteristic I’ve noticed with all of these food truck owners is that work doesn’t seem to feel like work to them. They do the things they do either because they love what they’re doing or they love the freedom that owning their own food truck gives them. They’re working – and working really hard. But it’s not the same get-through-the-week type of work that many of us have gone through for much of our lives.Â
There’s some value in viewing work in this way. Many of us think of work as something we just have to do. But maybe it doesn’t have to be that way.
Owning Your Income Source Is The Best Way To Control Your LifeÂ
A common theme in all of these food truck videos is that the people who own these trucks love that they don’t work for someone else. The income they make comes from them. They get back what they put into their business.
Most people don’t own the source of their income. Instead, their income source is owned by someone else. To make a living, they have to trade their time and energy to someone else.
I’m not one of those people that believes that working for someone else is for fools and that everyone should own their own business. There’s a lot that comes with owning your own business that is unpleasant and something you might not want to do.
But owning something – I think that’s the important takeaway that we can all use here. It doesn’t have to be the sole source of your income. But you want to own something. Whether that’s owning pieces of a company in the form of stocks. Or owning a rental property. Or even having a small side hustle that generates some income. If you want to control your life, you need to own something.
Consistency MattersÂ
An important lesson we can take from these food truck owners is how important it is to keep at it, day after day, month after month. We’re a society that wants things to happen quickly. But the truth is, most things in life don’t happen quickly. They take time. And most importantly, they take consistency. You have to keep working on your craft every day, often for years before you start to see things happen.Â
You can see the impact of consistency simply by watching these food truck owners. Most of them work every day. They can do it because it doesn’t feel like work for them – at least not work in the sense that most of us think of our work.Â
It’s a bit extreme to work 12 hours a day every day like many of these food truck owners do. A lot of them have no choice – it’s the only way they can make a living. But you can see that when you do something consistently and for long enough, eventually, you will figure it out. Working on your craft every day, even for a little bit, can only make you better.Â
I started this blog 5 years ago. I haven’t always written as much as I should, but I have written a new post at least every week for 5 years. That’s over 300 posts during that span and literally hundreds of thousands of words. With years of experience, I’ve been able to create a lifestyle from writing that doesn’t make me rich, but is enough for me to do what I need to do.Â
Little by little. That’s the key when it comes to anything in life.
Your Job Is Important – And It Should Make You HappyÂ
You have to work. And you have to like what you do.
Mama Jo (Mama Jo’s Breakfast Cart)
A lot of us don’t realize how much our work consumes our lives. When you think about it, most of us spend half of our waking hours during the week working. If you include the other things we do related to work (things like commuting, getting ready in the morning, etc), then it adds up to even more time.Â
That’s a lot of time all of us spend working. And it’s why I believe work isn’t something to merely tolerate – at least not for indeterminate stretches. You can do anything you don’t like for a short while. You can’t (or shouldn’t) do it forever. Â
A lot of the people that became food truck owners did so because they weren’t happy with the things they were doing before. They made a decision – if they had to work, they were going to do so on their own terms, in a way that made them happy and fulfilled. Â
Maybe the food truck life isn’t as fun as the people in these videos make it out to be. It seems like hard work with terrible hours. You have to camp out in a car all night, fight for prime locations, and you’re constantly working and maybe not making that much money.Â
But these people own something. They work on their business every day and keep getting better at it. The only person they have to answer to is themselves. And they seem happy. Those seem like lessons worth thinking about.
More Recommended Ebike/Scooters
Check out these other ebikes/scooters I've had the chance to do a review for:
- GEN3 Outcross Bike – The GEN3 Outcross is a solid, affordable fat tire ebike that does a good job of doing what I need it to do. It works great for city riding, giving me a smooth ride in all conditions. It’s works really well as a winter ebike since the fat tires give it good traction over snow and ice. Check out my GEN3 Outcross Review.
- Himiway Escape Bike – The Himiway Escape is an interesting bike for anyone looking for a moped-style ebike. If you’re a gig economy worker, the Himiway Escape is particularly interesting and it’s possible to think of it as an investment, especially if you can opt to do deliveries with the Himiway versus using a car. It’s not cheap, but you can definitely make your money back when you compare the mileage you’ll put on your car versus using an ebike. Check out my Himiway Escape Bike Review.
- Espin Sport Bike – The Espin Sport is a good ebike for someone who is looking for an ebike that feels and rides more like a regular bike. There are many ebikes that are really only bikes in name. In reality, they’re basically electric mopeds. The Espin Sport, by contrast, is a bike you could probably ride without the battery and you’d feel like you’re just riding a regular bike. Check out my Espin Sport Review.
- Varla Eagle One Scooter – The Varla Eagle One is an excellent scooter that can make sense for a lot of people. It can work as a primary mode of transportation. You can use it to work on gig economy apps like DoorDash, Uber Eats, and Grubhub. And it can also be a recreational vehicle if you’d prefer to use it for that. Check out my Varla Eagle One Review.
- Fucare H3 Scooter – The Fucare H3 is a fun scooter and I’ve enjoyed testing it out. For a daily commuter or quick trips or errands, the Fucare H3 is probably the scooter I’ll use. It’s portable and easy to maneuver, so it’s just easier to take on the road when I need it. Check out my Fucare H3 Scooter Review.
More Recommended Investing App Bonuses
For additional investing app bonuses, be sure to check out the ones below:
- M1 Finance ($100) – This is a great robo-advisor that has no fees and allows you to create a customized portfolio based on your risk tolerance. You also get $100 for opening an account. Check out my M1 Finance Referral Bonus – Step-By-Step Guide.
- SoFi Invest ($25) – SoFi Invest is an easy brokerage account bonus that you can earn with just a few minutes of work. Use my SoFi Invest referral link, fund your SoFi Invest brokerage account with $100 and you’ll get $25 of free stock. I also have a step-by-step guide for the SoFi Invest referral bonus.
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More Recommended Bank Account Bonuses
If you’re looking for more easy bank bonuses, check out the below options. These bonuses are all easy to earn and have no fees or minimum balance requirements to worry about.
- GO2Bank ($100) - GO2Bank is an easy bank bonus that I recommend people take advantage of if they have an easy way of meeting the direct deposit requirement. I like that it’s easy to open the account and that the bonus pays out quickly. Check out my step-by-step guide on how to earn your GO2Bank $100 referral bonus.
- Chime ($100) - Chime is a free bank account that offers a referral bonus if you use a referral link and complete a direct deposit of $200 or more. In practice, any ACH transfer into this account triggers the bonus. This bonus is easy to earn and posts instantly, so you’ll know if you met the requirements as soon as you move money into the account. I wrote a step-by-step guide on how to earn your Chime referral bonus that I recommend you check out.
- US Bank Business ($750) – This is a fairly easy bank bonus to earn, since there are no direct deposit requirements. In addition, you can open the Silver Business Checking account, which comes with no monthly fees. Check out how to earn this big bonus here.
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- Fifth Third Bank ($225) – This offer is limited to customers in the following states: Florida, Georgia, Illinois, Indiana, Kentucky, Michigan, North Carolina, Ohio, Tennessee, West Virginia, and South Carolina. If you don’t live in one of those states, you won’t be able to open an account online but you can still open an account in-branch if you happen to be visiting a city that has a branch. This is a fairly easy bank bonus to earn, especially since there are plenty of data points showing what will trigger the direct deposit requirement. In addition, you can open the Fifth Third Momentum Checking bank account, which comes with no monthly fees or minimum balance requirements. Read my guide on this bonus here.
- Fairwinds Credit Union ($100) – Fairwinds Credit Union is offering a referral bonus for users that sign up using a referral link. Fairwinds has no fees or minimum balance, so this is a particularly easy bonus to earn. Since this is a smaller credit union, my gut instinct tells me this offer won’t be around long, so if you’re in a position to meet the bonus requirements, grab this bonus before it’s gone. Here is my step-by-step guide on how to earn your Fairwinds Credit Union bonus.
- Netspend ($40 + 5% Interest Savings Account) – Netspend is a company that provides 5% interest savings accounts. If you sign up using my referral link, you’ll get a $40 signup bonus once you make your first deposit into your Netspend account of $40 or more. That means you get a 5% interest savings account and a free $40 to start! Make sure to check out my in-depth guide on how to set up these accounts.
- Current ($50) – Current is a free fintech bank that’s offering new users a $50 referral bonus after signing up for an account using a referral link.Current is an easy bonus to earn and also gives you access to three savings accounts that pay you 4% interest on up to $2,000. That means you can put away up to $6,000 earning 4% interest. That’s very good and makes Current an account I recommend to everyone. Check out my step-by-step guide on how to earn your Current Bank bonus.
- Digital Federal Credit Union ($20) – Digital Federal Credit Union (DCU) is a free, nationwide credit union that I recommend to readers for two reasons. First, DCU has a $20 referral bonus if you open a free DCU checking account with a referral link. Second, DCU has a saving account that gives you 6.17% interest on your first $1,000. Check out my in-depth post on how to set this account up.
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- Varo ($30) – Varo is a free fintech banking app similar to Chime or Current. It’s currently offering a $30 bonus to new users that open a new Varo account with a referral link. The bonus for this bank is very easy to meet, all you need to do is spend $20 within 30 days of opening your Varo account. Check out my step-by-step guide to learn how to earn this bonus.
Kevin is an attorney and the blogger behind Financial Panther, a blog about personal finance, travel hacking, and side hustling using the gig economy. He paid off $87,000 worth of student loans in just 2.5 years by choosing not to live like a big shot lawyer.
Kevin is passionate about earning money using the gig economy and you can see all the ways he makes extra income every month in his side hustle reports.
Kevin is also big on using the latest fintech apps to improve his finances. Some of Kevin's favorite fintech apps include:
- SoFi Money. A really good checking account with absolutely no fees. You'll get a $25 referral bonus if you open a SoFi Money account with a referral link, and an additional $250 if you complete a direct deposit.
- US Bank Business. US Bank is currently offering new business customers a $750 signup bonus after opening a new account and meeting certain requirements.
- M1 Finance. This is a great robo-advisor that has no fees and allows you to create a customized portfolio based on your risk tolerance. You also get $100 for opening an account.
- DCU. Digital Federal Credit Union (DCU) is a free, nationwide credit union that I recommend to readers for two reasons. First, DCU has a $20 referral bonus if you open a free DCU checking account with a referral link. Second, DCU has a savings account that gives you 6.17% interest on your first $1,000.
- Personal Capital. One of best free apps you can use to monitor your portfolio and track your net worth. This is one of the apps I use to track my financial accounts.
Feel free to send Kevin a message here.
I’m working to build my own income stream so I can control my time as well. I think it’s the closest you can come to being FI before you’re actually FI. I’m surprised a lot of people plan to work a job they don’t really like for 10-15 years until they’re FI when they could find a way to make money that they enjoy and have more autonomy as you say. I chose to go with an eBay business and I think it’s a cool option since you don’t have to be sitting at your computer to make sales. Sure, you have to list and ship and source items, but you can choose when to do that and if your store is big enough it can coast for a while with out the need for new listings.
I admire the food truck owners for the same reasons you do. In not small part because it’s a brutal business, yet so many of them persist, with a genuine smile on their faces. I’m too soft to handle that lifestyle. 😉
I love that food trucks have become more mainstream. Street food is really common in places like New York but aside from there, it used to not be as common as it is today. People are more accepting of them. When I first came to the US, there wasn’t any food trucks in the area where I lived either. I’m glad I decided to move to a bigger city with a diverse food base.
I also love the fact that they control their own destiny and income source. It’s mostly up to them to get a paycheck and not up to an employer.
I like he part about owning your income. That is something that I wish I knew when I was younger.
” If you want to control your life, you need to own something.” – agree 100%. Great article!
Thanks!
Long time reader, first time commenter. This post highlighted the best parts of “going your own way” so succinctly. Thanks for writing this!
Thanks Kay!