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Noah Kagan Presents

The Million-Dollar Storage Unit Tycoon (w/ Nick Huber)

Noah Kagan Presents

Noah Kagan

Entrepreneurship, Business

4.71K Ratings

🗓️ 2 March 2023

⏱️ 34 minutes

🧾️ Download transcript

Summary

In today’s episode, I talk to Nick Huber, founder of The Sweaty Startup.

Nick sold his first storage business, Storage Squad, for 7 figures!! Now, he owns and operates Bolt Storage which has 42 different self storage facilities taking up over 1.9 million square feet that he rents out and makes bank from.

Check out Nick Huber on Twitter @SweatyStartup and his website SweatyStartup.com.

If you’ve ever wanted to learn about the business opportunities in storage units, you’ll love this episode.

In this conversation, you’ll enjoy 3 BIG things:

- Why good businesses (and relationships) don’t need innovation

- A look into the business of self storage and how you can get into it yourself

- And Nick’s exact playbook for how to replicate his success

Enjoy those 3 things… plus a bunch more ear nuggets along the way.


Also, if you want to launch your own business but don’t know where to start, I reopened my course Monthly1K for just $10. It’s helped thousands of people start their business journey and I know it will help you, too. Head over to OkDork.com/Monthly1K and sign up.

✉️ Signup for my weekly newsletter (I reply to emails): https://okdork.com/email-newsletter/

Transcript

Click on a timestamp to play from that location

0:00.0

what they say in business and real estate generally is a small deal and a big deal are the same amount of work.

0:04.8

The only thing that changes is the number of zeros.

0:06.8

The good thing about real estate is that there's a lot of zeros even on really small deals.

0:10.3

You know you can buy a self-storage facility for 400 grand and operate it a lot better and three or four years later it can be worth a million dollars.

0:18.0

That's life changing money for almost everybody.

0:20.0

What is up you sexy bastard? It is your boy push-ups, aka

0:25.8

rabbi can lose, aka no-kagan. In today's episode I talked to Nick Huber, the

0:29.0

founder of the sweaty startup. Nick sold his first storage business

0:31.4

storage God for seven figures.

0:33.2

Now he owns and operates bolt storage, which has 42 different self-storage facilities,

0:36.2

and I think they've put out over a hundred million in self-storage.

0:38.5

Now for me, self-storage is the devil. I'll just say, I don't know if, I think people have way way too much junk and I asked Nick about that and a bunch of other things and he had really really great answers and I was excited to share his story about how to run a business that may not be as sexy.

0:52.0

and a bunch of other stuff you can

0:53.0

check out Nick Huber on Twitter at sweaty startup he's definitely

0:56.2

provocative so some of you might like the flavor and some you may not I was

0:59.5

actually really enjoyed talk with him in person in this episode and I hope you do too you can also check

1:04.0

him out his website sweaty startup.com if you ever want to learn about the business

1:07.8

opportunities and storage units and just non-tech related direct businesses you're

1:11.1

going to love this episode here's three gigantic things you're going to love this episode. Here's three

1:12.6

gigantic things you're going to take away. One, why a lot of good businesses and

1:15.5

relationships may not need innovation. Two, a deep dive into the business of

1:20.0

self-storage and economics and how you can get started even if you don't have a lot of money

...

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