Learn more about the importance of long-term planning and strategic vision in growing a successful storage business.

We’re talking about the world of self-storage with Andrew Freeman, co-founder of KO Storage. Andrew’s journey from e-commerce to self-storage is pretty remarkable, showcasing how he identified an opportunity in a market ripe for innovation and consolidation.

We talk about how he turned a struggling 90-unit facility into a thriving operation by rolling up his sleeves and tackling every aspect of the business, which ultimately laid the groundwork for their current success.

Andrew also shares insights on the importance of adapting management strategies to different market dynamics and how technology is reshaping the industry. Stick around as we unpack the lessons learned along the way and explore the future of self-storage in an ever-evolving landscape.

Takeaways:

1. Andrew shares his journey from e-commerce to self-storage, highlighting the unique opportunities in the industry.
2. The importance of hands-on experience is emphasized, as Andrew details how he personally managed operations during early growth.
3. Andrew discusses the significance of technology in modern self-storage management, noting the shift to automation and remote systems.
4. We highlight the evolving landscape of self-storage and the trend of consolidation among operators in the market.
5. Freeman explains how he transitioned from being directly involved in acquisitions to empowering his team to take over that role.

Thanks for following, subscribing and listening to this episode of The Do More podcast hosted by Jon Farling. To learn more or ask questions, go to l4investing.com.

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