If I Were To Start Again ….

Goood Morning Store Fam..A..Lam

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Yesterdays Stats …

• 4 Reservations

• 2 Move Ins

• 3 Move Outs

Lets … Do … This …

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

🤐 A Self Storage Tip - “If I Were To Start Again What Would I Do Differently?”

🤝 3 Self Storage News Stories

🧐 Yesterday’s figures for each facility

🥸 1 Meme of the day

Self Storage Tip 💡 💰

I get so many messages asking … 

“If I were to start again what would I do differently?”

So, here are the top three things I would do differently …

1. Make sure I understood my cashflow 

Understanding this would have made my life so much easier. 

You need to know what revenue per sq ft you are getting and how much sq ft you will increase per month. 

Once you know those two figures you can predict your revenue 

2. I bang this drum so much but it’s really helped me!

Get a coach/mentor and or buy a course from someone who has been there and done it …. 

Cough cough …. My course is available from Monday … Get early access by joining the waiting list here - 

Learn from other people’s mistakes … Why make them yourself when you don’t have to 

3. Be a cheeky so and so. 

Explain the business module to the landlord, ask for extra rent free periods, ask for half price rent periods 

Ask your shop fitters (container suppliers) for extended credit terms

You have to protect that cash at all costs 

One thing is for sure … If you don’t ask you don’t get

4 ... One more for fun

Keep your investors (bank managers, private lenders etc) informed in your progress. 

Never go quiet and only contact them when you want more money. 

Ultimately for me, the biggest mistake I made was not projecting cashflows. 

Make sure your projections are spot on … Again, my course 😁 goes through how I make my projections 

Don’t make the same mistakes as me!

Industry News 🧐

• Explorage Rebrands as SelfStorageBooker.com

• The Path to Self-Storage Ownership: Investors Share Their Stories

• Want to Make a Fast $50K? Or More? An Investor Shares His Approach to Increasing Self-Storage Value

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

Yesterday’s Results -

Willerby (Hull) … My Big Site

• 2 Reservations

• 0 Move Ins

• 1 Move Outs

Month to Date -

• PLUS 1580 Sq Ft

Reservations so far this week = 4

Move Ins so far this week = 2

Clough Rd Figures ... The Automated Site

• 1 Reservations

• 1 Move Ins

• 2 Move outs

Month to Date -

• MINUS 300 Sq Ft

Reservations so far this week = 3

Move Ins so far this week = 2

Beverley … My Baby (First Site)

• 1 Reservation

• 1 Move Ins

• 0 Move Outs

Month to Date -

• MINUS 530 Sq Ft

Reservations so far this week = 1

Move Ins so far this week = 1

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

• 0 Reservation

• 0 Move Ins

• 0 Move Outs

Month to Date -

• PLUS 410 Sq Ft

Reservations so far this week = 1

Move Ins so far this week = 1

Mansfield Figures

• 0 Reservation

• 0 Move Ins

• 0 Move Outs

Month to Date -

• MINUS 2310 Sq Ft

Reservations so far this week = 2

Move Ins so far this week = 3

Glasgow … (Not Open Yet)

• 0 Reservation

• 0 Move Ins

• 0 Move Outs

Month to Date -

• 0 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 - 3 times

• Run - 25 miles

• Boxing - 0

Results so far -

• Gym - 1

• Run - 10 Miles

• Boxing - 0

Yesterday’s Steps - 20,581

Loads of self storage love,

Dean ❤️ 🙃