I grew a $400 million business from scratch, in a wheelchair, and starting around the Great Recession. Almost everything was against me from the beginning. People told me my business would fail and my assets were worthless; banks laughed us out the door when we asked for funding. Then, suddenly, one day, my business needed to run on its own when I became paralyzed, unable to move, talk, or do anything but blink. So, how did I do it?
Today, I’m breaking down my $400 million company, how we make money, what we’re invested in, the teams doing the work, and how you can do the same and build a business that gives YOU ultimate financial freedom. We started this business during tough times, when getting money to fund self storage facilities was almost impossible. I’m sharing the creative way we came up with cash by recycling our capital so we never ran out.
Running a multimillion-dollar business is great, but at some point, you will run out of hours in the day. I’ll give you the exact breakdown of how my team runs the businesses for me and why having complete control over your business will stop you from growing, make your life harder, and limit your success. This is a peek behind the curtain of a company most people never get to see—and I’m sharing everything with you in this episode.
Insights from today’s episode:
How I built a $400 million self storage business with ZERO investing experience to start
Why we’re buying (a lot of) real estate right now (and why we always do in recessions)
Getting the funds for your business and my strategy to recycle limited capital
How my company runs without me and why you NEED to make sure yours can do the same
The “smaller” businesses we have that produce over $5 million per year in revenue
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Growing Wealth in Self-Storage 2.0 (AJ’s Book!) https://www.selfstorageincome.com/book
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