Adrian Lee helped start Big Yellow in 1998 and grew it past 100 stores. He joins Gavin Shields to talk about scaling, capital, hiring, and revenue management, including why he thinks a full store is a pricing problem, and what he'd do differently if he started again today.
He's blunt about where smaller operators leave money on the table, and about how much of the UK market is still untouched. At the point he retired, 70% of Big Yellow's move-ins had never used self storage before.
Also: metro storage, drive-up, and where he'd start if he began again today.
Scaling Self Storage is hosted by Gavin Shields, co-founder of Stora, the self storage software built for growth. stora.co