A Controversial View πŸ€” πŸ‘€

PLUS: Storage Vault Expanding Again

πŸŽ™οΈHave you checked out my Hacking Self Storage podcast? Find it HERE

GM Store Nation,

Consistent day again yesterday folks … Heres the figs

Yesterdays results -

  • 4 Reservations

  • 2 Move Ins

  • 4 Move Outs … Were Getting Killed At Clough Rd

Lets … Do … This …

Here's what coming your way today :- 😱 πŸ˜Ž πŸŽ―

🀐 A Self Storage Tip - β€œControversial View πŸ€” πŸ‘€β€

🀝 3 Self Storage News Stories

🧐 Yesterdays figures for each facility

πŸ₯Έ 1 Meme of the day

Self Storage Tip - πŸ’‘ πŸ’° πŸ€‘

Controversial View πŸ€”

You Dont Want To Be Single Store Dependent

The more sites you have the easier you can defend your business πŸ‘Š

You can afford:-

  • A better team βœ…

  • A better paid adds company βœ…

  • To spend more on seo consultants βœ…

  • To get a better accountant βœ…

  • To spend more on mentors and consultants βœ…

  • To pay for the best legal and business advice βœ…

  • ETC ETC

    That’s not all folks ohhhh no ….


    You get to save expenses through economy of scale as well.

    A small example would be my SEO consultant …

    He charges Β£3k per month to work on storemore.co.uk.

    If I have one site that means the cost per site is Β£3k / month. HOWEVER, if I have 5 sites then the cost is Β£600 / per month per site (only just started with him so haven’t seen the results … YET).

    EOS - Economies Of Scale at work πŸ‘


    With ONE site your -

  • Reliant on the demand of said location 😳

  • Worried someone may out position you 😳

  • Worried new facilities will open 😳 


    With one site there is always a potential worry and threat that may impact your business …

    Don’t get me wrong your still worried with multiple sites but its less impactful to your overall business and its unlikely to kill your business


    With multiple sites your success is less determined by one site and more by the demand of the industry as a whole πŸ‘


    Expanding isn’t right for everyone but for me I see it as the safest option …. Even though there are considerable risks as well ✌️

    Something for you to think about πŸ€”

Industry News -  πŸ§

  • 1 - Storage Vault Want To Open In Falkirk

  • I get to find out everything John πŸ€·β€β™‚οΈ (John owes Storage Vault BTW)

  • 2 - Self-Storage Building Supplier Announces New CEO

  • 3 - The Ease of Owning Self Storage

The fun bit - My business .... Bare Butt Naked! πŸ˜² πŸ€« πŸ€­

Willerby (Hull) My big site -
  • 2 Reservations

  • 2 Move In's

  • 0 Move outs

Month to Date -

  • 140 Sq Ft Up

Reservations so far this week = 3

Move ins so far this week = 5

Clough Rd Figures .... The Automated Site
  • 0 Reservations

  • 0 Move in

  • 3 Move outs

Month to Date -

  • 930 Sq Ft Down … SHOCKER!

Reservations so far this week = 1

Move ins so far this week = 3

Beverley … My Baby (First site)
  • 1 Reservation

  • 0 Move in

  • 0 Move Outs

Month to Date -

  • 255 DOWN Sq Ft for the month

Reservations so far this week = 2

Move ins so far this week = 0

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

Reservations so far this week = 1

Move ins so far this week = 0

TOTALS -

Reservations so far this week = 8 (1 Mansfield)

Move ins so far this week = 8

Meme of the day - πŸ‘€ πŸ˜‚

Health and Fitness ... Move More = Live Longer - πŸ‹οΈβ€β™€οΈ πŸƒ

Weekly goals -

  • Gym - 5 times …. 20,000 steps per day

  • Run - 0 … Im still injured with my knee … But im making sure my average steps are 20,000 per day. Gotta keep up the cardio

  • Boxing - 0

Results so far -

  • Gym - 2

  • Run - 0

  • Boxing - 0

Yesterdays Steps - 18,739

Loads of self storage love,

Dean ❀️ πŸ™ƒ 

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