The Billionaire Meeting

PLUS: A beginners guide to self storage

Hey there troublesome warrior,

Im writing this at 11.31pm having just arrived back from London ....

... The meeting happened today with the billionaire!

I know your all expecting me to spill the beans in todays newsletter, but .... Theres bloody loads to process.

The 2 takeaways that will interest you are -

  • Yes there is a deal on the table

  • Ive learnt so much today! I think I see what makes billionaires different to us normal folk. Ha, as Gavin Shields would say, I only have a very small sample size having only EVER spoken to 1 billionaire ... This is true Gavin (spoke to him Gavin today and pretty sure he doesnt subscribe) lol

.... Anyway .... But I see a distinct difference the way he does business and other people ... and I like it!!

I will tell you more in due process and obviously do a podcast about it. :-)

Letss do Thiis ...

Here's what coming your way today :-

  • Industry News

  • How much we've invoiced so far this month

  • Yesterday's Figures ... How did we do?!

  • Meme of the day -

  • Final Thoughts - February ... MEH

Industry News -

  • 1 - Check this out for growth -

  • 15 sites acquired ... Open 11 New Sites all in 2022

  • 20 sites under construction for 2023

  • Nearly 2,000,000 GSF

  • Company is called True Self Storage

http://biz.manchesterinklink.com/true-storage-opens-11-new-self-storage-facilities-in-2022-including-plaistow/

  • 2 - I'll be honest this isnt a great article ... I think I said

... Ive highlighted it because its stating the self storage industry is "cooling" and the over 65's are the saviour for the industry

While I believe its true to a certain extent (the cooling) ... I mean how couldnt it be cooling after the CVID boast (I still believe we are in for a good year).

But i dont agree that over 65's are going to keep the industry "stable" ... Lets call a spade a spade ... What a bloody load of rubbish ... Maybe its different in America ?

www.globest.com/2023/02/27/ages-65-should-keep-self-storage-sector-rolling/?slreturn=20230128181024

  • 3 - How to invest in self storage - A beginners guide  

To be fair, this is a good read. Its certainly from an American point of view but worth the read

www.fool.com/investing/2023/02/24/2-great-reits-for-long-term-investors-to-buy-right/

TRUE PERIOD REVENUE (Basically invoices sent so far this month)

Beverley -

Willerby -

  • Because of the software we use we only have 2 of the 4 sites True Period Rev ... We will have Wrexham for you shortly!

  • February's revenue is always less because of the amount of days in the month

The fun bit - My business .... Bare Butt Naked!

Willerby Figures .... The BIG One

Yesterdays Results -

  • 3 Res today

  • 3 Move In's

  • 1 Move outs

Month to Date -

  • Minus 1,235 Sq Ft for the month

Reservations so far this week - 6

Move ins so far this week - 3

Clough Rd Figures .... The Automated Site

Yesterdays results -

  • 1 Reservations!

  • 2 Move in

  • 3 Move out

Month to Date -

  • Minus 55 SQ FT Up for the month so far.

Reservations so far this week - 3

Move ins so far this week - 3

Beverley ... My baby ... My first site! -

Yesterdays results -

  • 1 Reservation

  • 1 move outs

Month to Date -

  • 640 Sq Ft Up for the month

Reservations so far this week - 1

Move ins so far this week - 1

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

Reservations so far this week - 0

Move ins so far this week - 0

Total reservations for the week (all sites) - 10

Total move ins for the week (all sites) - 7

Self Storage Meme of the day -

Final Thoughts -

5 reservations again for the day!

February has ended disappointingly, especially at Beverley ... Looked like we were going to break the 1,000 Sq Ft up at one point.

BUT, the reservations appear to be pouring in so I truly expect a very very good March.

I would dare to say that I expect Beverley, Willerby and Clough Rd all to have positive months ....

... I wont include Wrexham in there as theres plenty of work to do behind the scenes to get the site setup up like the rest of the Store Mores

Health and Fitness ... Move More = Live Longer -

Weekly goals -

  • Gym - 4 times

  • Run - 40 K

Results so far -

  • Gym - 0

  • Run - 7 k ... Big rest of week ahead

Yesterdays Steps - 23,646

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Loads of Mr Self Storage Man Love :-)

Mr SS

PS .... Tell your friends, tell your parents, tell your lover, tell everyone and everyone who will listen to you ;-) ... Heres the link to sign up - www.mrselfstorage.com