254: Return of the “King of Self-Storage” Kevin Shee

Invest Like a Boss

Sam Marks Johnny FD Derek Spartz

Investing, Business

4.8 • 518 Ratings

🗓️ 10 November 2022

⏱️ 87 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Sam’s friend and Hong Kong “King of Self-Storage” Kevin Shee returns to the podcast for his 3 rd appearance. Kevin previously appeared on ILAB 07 & ILAB 106. Kevin goes over his attempted transition out of self-storage and into passive investor and why it failed. He goes over his current business model in Hong Kong and why he’s brought Sam along for a new business venture in Japan. Sam and Kevin also go over the intricacies of Japan’s daily life and why it’s so traveler unfriendly to visit. Then Sam and Johnny recap their status and discuss their thoughts on Kevin, as they both personally know him. And Johnny reveals that he recently attempted to get a very odd job in Japan.

Kevin Shee is the owner of SC Storage, Hong Kong’s leading low-cost self-storage provider with over 60 convenient locations in Hong Kong and Macau, and more than 18,000 self-storage units. He started his self-storage business 18 years ago and has consistently grown in locations and customers. When it comes to self-storage, he is the king!

Listen to ILAB 254 on iTunes here or subscribe on your favorite podcast app.

Where we are:

Johnny FD – Greece / IG @johnnyfdj
Sam Marks – Japan / IG @imsammarks
Derek Spartz – Los Angeles / IG @DerekRadio

Sponsor:

Shopify
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Discussed:

SC Storage

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Time Stamp:

11:33 – Why is Japan difficult for foreigners to travel within?
16:15 – How did you become semi-fluent in Japanese?
20:14 – How did we get into biking?
22:23 – What impressed Sam about Japan?
27:55 – Why wouldn’t you move to Japan?
29:43 – Can you tell us about your Bali residence and how you got to purchase it?
36:51 – Why is Sam so impressed with Dubai?
39:33 – What's the state of self storage?
49:49 – Do you plan to open more properties in Hong Kong or abroad?
53:00 – What is Sam’s plan for 2023?
56:40 – What is Kevin Shee's new “fashion item”?

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Transcript

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0:00.0	What's up, bosses? Before we kick off this episode, I want to tell you about our sponsor this week,
0:05.0	Shopify.com. Now, can we talk about notifications for a second? Who actually leaves those sounds on
0:10.8	anymore? Well, okay, wait, besides that kind, because that sound means another sale on Shopify.
0:18.0	Shopify is the all-in-one commerce platform to start, run, and grow your business.
0:23.6	Shopify makes it easy to sell to anyone from anywhere. So whether you're looking for vintage
0:29.1	teas or recipes for ghee, you can start selling with Shopify and join the platform
0:34.7	simplifying commerce for millions of your favorite businesses worldwide.
0:38.9	With Shopify, you can create an online store that jives with your vibe, discover new customers,
0:44.2	and grow the following that keeps them coming back.
0:48.1	In fact, myself, Sam, and Johnny have all used Shopify at various points,
0:53.7	and we highly recommend it.
0:56.5	And if you want to check it out for yourself, you can get a free trial right now.
1:00.5	When you go to Shopify.com slash iLab, that's Shopify.com slash I-L-A-B.
1:07.6	Now it's important that the I-L-A-B is all lower lower case. You can start selling online today by checking
1:13.6	out Shopify.com slash I-Lab. I'm going to tell you even more about Shopify during the break in the show.
1:19.9	But for now, let's kick off this episode of Invest Like a Boss. Welcome to the Invest Like a Boss podcast.
1:25.8	I'm Sam Mart and I'm Johnny FD. We're self-made entrepreneurs who invest our own money and use modern technology to invest like a boss.
1:31.9	Join us each week for exclusive interviews with our network of modern investors, business owners and multimillionaires to discover new ways to invest our hard-earned cash.
1:42.4	Hey bosses, this Johnny and welcome to episode 254 of the Investing Like a Boss podcast.
1:48.0	I am in Athens, Greece, and I think Sam smells like he's in Japan.
1:54.1	Smells.
1:56.7	I'm still here, man.
	...

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