8 Reasons why the self storage industry is AWESOME  🙌

Goood Day Store Fam..A..Lam

Again … Sorry for the late email

When im on hols I have to fit the email around the family duties .. The wife is currently in the shower so I have a free pass 🤪 

On to the newsletter ….

• 6 Reservations

• 3 Move Ins

• 6 Move Outs

Lets … Do … This …

Here's what's coming your way today 😎🎯

🤐 A Self Storage Tip - “8 Reasons why the self storage industry is AWESOME  🙌”

🤝 3 Self Storage News Stories

🧐 Yesterday’s figures for each facility

🥸 1 Meme of the day

Self Storage Tip💡 💰

8 Reasons why the self storage industry is AWESOME  🙌

Lets start  👇 

Takeaway 1:

Its a Recurring business module 

Customers buy from you more than once ... Often for many years 🕺 

Takeaway 2:

The costs are somewhat fixed

Staff

Rent / Mortgage 

Rates 

Advertising 

All pretty much the same if you have 100 customers in your facility or 500

Takeaway 3:

Life time value of a customer is awesome ... People stay far longer than they expect

Netflix sky etc they are easy to cancel … To cancel storage unit you have to physically move your stuff out 

Takeaway 4:

You dont have to be an A grade operator to get A grade results

You can be an D grade operator and still get A grade results ... Haha I should know, im doing pretty well 😜 😳 😢 

Takeaway 5:

Theres not a lot of moving parts to the business. 

The fundamentals are simple ... Its a lot easier to run than most businesses 

Takeaway 6: 

Technology is disrupting the industry and making self storage easier to manage 😎 

Takeaway 7:

The people are awesome in this industry .... Everyone is willing to help each other out!! 

Haha that is honestly true ... Im not just saying it ... Im in it for starters 🤣 🤣 

Takeaway 8: 

ROI are awesome ... in the end! 🤑 

But Cashflow and Capital expenses are horrendous animals 💸 

Join the waiting list and be first to know when the course relaunches -

Industry News🧐

• Valet-Style Self-Storage Operator Doorage Suspends Operation During Litigation With Competitor

• Dealing With Self-Storage Search Warrants and Subpoenas: What to Know Before Opening the Tenant File or Unit to Others

• Illuminating the Path to Success: Factors to Consider When Designing Self-Storage Lighting

The Fun Bit - My Business .... Bare Butt Naked! 😲🤫🤭

Yesterday’s Results -

Willerby (Hull) … My Big Site

• 2 Reservations

• 2 Move Ins

• 1 Move Outs

Month to Date -

• PLUS 300 Sq Ft

Reservations so far this week = 2

Move Ins so far this week = 2

Clough Rd Figures ... The Automated Site

• 1 Reservations

• 1 Move Ins

• 4 Move outs

Month to Date -

• MINUS 955 Sq Ft

Reservations so far this week = 1

Move Ins so far this week = 1

Beverley … My Baby (First Site)

• 1 Reservation

• 0 Move Ins

• 1 Move Outs

Month to Date -

• MINUS 115 Sq Ft

Reservations so far this week = 1

Move Ins so far this week = 0

Wrexham's Figures (Indoor) ... My First Acquisition

• 1 Reservation

• 0 Move Ins

• 0 Move Outs

Month to Date -

• MINUS 390 Sq Ft

Reservations so far this week = 1

Move Ins so far this week = 0

Mansfield Figures

• 1 Reservation

• 0 Move Ins

• 0 Move Outs

Month to Date -

• PLUS 505 Sq Ft

Reservations so far this week = 1

Move Ins so far this week = 0

Glasgow

• 0 Reservation

• 0 Move Ins

• 0 Move Outs

Month to Date -

• PLUS 480 Sq Ft

Reservations so far this week = 0

Move Ins so far this week = 0

Meme / GIF of the day -👀😂

Health and Fitness ... Move More = Live Longer - 🏋️‍♀️ 🏃

Weekly goals -

• Gym - 0 times

• Run - 50 miles

• Boxing - 0

Results so far -

• Gym - 0

• Run - 0 Miles (I was travelling)

• Boxing - 0

Yesterday’s Steps - 18,092

Loads of self storage love,

Dean ❤️ 🙃