I made a BIG mistake ... I do actually feel embarrassed!

Hey there, 

Its been a busy old day at Store More HQ ... The reservations have continued however we are still down A LOT of Sq Ft at Willerby.

I do think that March is going to be AWESOME!! 

Ha im sure i said that about February as well though :-/

Check out my confession in Final Thoughts :-(

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 - I've made a mistake and i'm gonna share it with you!

Industry News -

• 1 - More Safe Store first quarter results reactions ... I love this shit!

Two great articles to geek out on!

www.sharesmagazine.co.uk/news/market/1676970138362797300/safestore-quarterly-revenue-jumps-amid-higher-average-storage-rate

www.morningstar.co.uk/uk/news/AN_1676970138362797300/safestore-quarterly-revenue-jumps-amid-higher-average-storage-rate.aspx

• 2 - Heitman exits in Asia for $172 Million

Heitman ... The backers of Space Station (I believe) have had an exit in Asia!

God I love geeking out on self storage! 

Very interesting read!

www.mingtiandi.com/real-estate/finance/heitman-sells-singapore-self-storage-jv-to-warburg-pincus-backed-storhub/

• 3 - Even the Washington Post is getting into reporting on Self Storage

Heres a very quick snap shot of Public Storage Q4

www.washingtonpost.com/business/public-storage-q4-earnings-snapshot/2023/02/21/5f0df568-b22f-11ed-94a0-512954d75716_story.html

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

Beverley -

Willerby -

Im sorry ... the email didnt come through last night :-(

• 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 -

• 1 Res

• 1 Move In

• 2 Move outs

Month to Date -

• Minus 1,300 Sq Ft for the month ... Grown!!!

Reservations so far this week - 5

Move ins so far this week - 6

Clough Rd Figures .... The Automated Site

Yesterdays results -

• 3 Reservations! .... Boom Time Baby!

• 2 Move in

• 1 Move out

Month to Date -

• 140 SQ FT Up for the month so far.

Reservations so far this week - 4

Move ins so far this week - 2

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

Yesterdays results -

• Quiet on the Beverley front today .... Sometimes we like quiet!

Month to Date -

• 825 Sq Ft Up for the month

Reservations so far this week - 1

Move ins so far this week - 0

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) - 8

Self Storage Meme of the day -

Final Thoughts -

As you know im a big believer in mentors ... I pay around £100,000 a year to better myself, my business and ultimately make more profit

One of my mentors, really made me think today andd to be fair I think he has a point

He said that I give too much information away (dont worry, ive checked and he doesnt subscribe to the newsletter haha).

Especially regarding the acquisition ... Also another person I look up to in the self storage industry actually rang me and said the same

To be fair, after he explained I understood completely. 

The mentor suggested that if I talked about the acquisition in regards, price, terms, money and what im going to do to improve the business it will discourage other people in the industry to sell me their site. 

I totally get this and if im honest im slightly embarrassed that I have given so much information away ... I just get excited and want to share

I will still continue to share but my next acquisition I wont be telling people the details or price, payment terms etc 

We live and learn :-)

Im pretty sure this wont be the only mistake I own up to in this email :-)

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

Weekly goals -

• Gym - 3 times (im away with the kids, so will be hard)

• Run - 40 K 

Results so far  - 

• Gym - 2

• Run - 21k

Yesterdays Steps - 16,749

Give me your feedback ... What did I do well? What did I do bloody rubbish?? Press reply and let me have it 

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