Action Academy | Millionaire Mentorship For Your Life & Business

He Quit His $150k Engineering Job (and JUST Became A Millionaire) Through Self Storage Investing

11 snips
Nov 5, 2025
Brandon Hicks, former engineering professional turned millionaire self-storage investor, shares his inspiring journey from a $150k salary to financial freedom. He reveals how a ski trip in Zermatt shifted his money mindset and led him to splurge on a luxurious suite. Brandon discusses the strategic shift from residential to commercial real estate, emphasizing the value of cash flow and appreciation. He also shares insights on overcoming early deal challenges, the importance of mentorship, and how to embrace the discomfort that drives growth.
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ANECDOTE

Zermatt Trip Changed His Money Mindset

  • Brandon and his wife splurged in Zermatt after he quit his job and it shifted his money mindset about experiences.
  • That trip and meeting people there sparked a goal to fully enjoy the next visit and set higher income targets.
ADVICE

Raise Storage Rates To Create Big Equity

  • Raise rents strategically in self-storage because small monthly hikes compound into large valuation gains.
  • Test increases, segment by unit size, and communicate via simple campaigns to capture hundreds of thousands in value.
INSIGHT

NOI Is Leverage: Cap Rate Multiplies Gains

  • Commercial property value equals NOI divided by cap rate, so small NOI gains multiply by low cap rates.
  • That math makes commercial assets far more scalable wealth creators than many residential plays.
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