Building a $100 mil Self-Storage Business with Nick Huber

<p>I am excited to have <a href="https://twitter.com/sweatystartup" rel="noopener noreferrer" target="_blank">Nick Huber</a> who is the founder of the Sweaty Startup, sold his service business in Jan 2021 for 7 figures and now owns and operates a self-storage portfolio with 61 self-storage properties, </p><p>In this podcast episode, Nick shares his journey in the world of startups, starting with a pickup and delivery student storage company while in college. He explains how he gained experience in running a company and eventually sold it. With the profits, Nick and his team started investing in commercial real estate. They discuss their focus on the student property market and offer advice to recent graduates interested in entrepreneurship. Nick also talks about his large online following and networking strategies on social media platforms like Twitter. He shares insights on building a following, showcasing expertise and adding value to others.</p><p><strong>Timestamps</strong></p><p>&nbsp;</p><p><em>The start of the journey [00:00:29]</em>&nbsp;Nick discusses how he started a pickup and delivery student storage company in college and gained experience in running a business.</p><p><em>Advice for recent graduates [00:03:09]</em>&nbsp;Nick gives advice to recent graduates on pursuing entrepreneurship, suggesting starting with a normal business to gain experience, cash, and a network.</p><p><em>The capital needed for real estate [00:05:09]</em>&nbsp;Nick explains that to start in commercial real estate, one would need around $305,000 to $400,000, plus a reserve for unexpected expenses. He also discusses the importance of being well-capitalized in the real estate industry.</p><p><em>Title: Real Estate Investment and Operations [00:09:37]</em>&nbsp;Nick discusses the process of investing in real estate, managing the business, and approaching investors.</p><p><em>Title: Property Sourcing and Management [00:10:34]</em>&nbsp;Nick explains how his company remotely manages properties across different cities, sources deals,