What makes a great business strategy? How does one create a winning self storage business strategy? This will be a different type of post from my usual format. I am frequently asked how to write a business strategy. I created a worksheet for my online courses that...
Where are you today? Where are you in relation to your yearly goals? Your self storage goals? Are you mindful of them in the present? Are they a driving force in your daily life? As I write this we are half way through the calendar year 2016. Where are you on the path...
As you are creating your business strategy, two central questions are: who is going to run the business? who is going to run the facility? https://youtu.be/Jhw7GoOXIEU The answer to the first is you! You are going to run the business. You’re creating it and it’s an...
Your specific income goals should always be where you business strategy planning starts. If you don’t have a strong “why” you want to invest in the business, you can’t begin to start on the “how.”
It has never been harder to get in or grow your self storage business than it is now. I mean real hard. Properties listed for 4% or 5% CAP’s, and selling! Large players in this business are aggressively building and buying, and very happy with single digit returns....
When my Grandson Jackson was in the first grade, at his first “Leadership” day at his school, he informed me that he will start college in 2025. I don’t even think he knows what college is. I created a game a few years back called "A $60,000,000 self-storage...
If it is not a <strong>“Hell YES”, it’s a “NO”.</strong> It has gotten that simple these days. Life is very interesting and seems to have <span style="line-height: 1.5;">an intelligence of its own. It seems the more I niched down...
If it is not a “Hell YES”, it’s a “NO”.
It has gotten that simple these days.
That is where the third habit of Stephen Covey’s Seven Habits of Highly Effective People comes into play.
Habit Three: Put First Things First.
Not only in business but in life itself, because there is really no separation. There is just life.
Learn 5 simple steps to turn your Vision of a Self Storage Future into reality by putting in time the next “First Thing” that will move you forward.
When my Grandson Jackson was in the first grade, at his first “Leadership” day at his school, he informed me that he will start college in 2025.
I don’t even think he knows what college is.
I have created a $60,000,000 self-storage portfolio by 2015.
When I created that initial goal, I had no idea what that meant either.
It has never been harder to get in or grow your self storage business than it is now. I mean real hard. Properties listed for 4% or 5% CAP’s, and selling! Large players in this business are aggressively building and buying, and very happy with single digit returns....
Free video series
How Mark approaches finding, analyzing and getting into self storage, in three short videos.
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