We’re excited to dive into Part 2 of our conversation with Joe where he recounted his successful transition from a single-family business to the self-storage industry, highlighting scalability and management ease as key motivators. Despite initial challenges, this shift allowed him to streamline his operations and reduce his team size significantly. He pointed out the fragmented nature of the self-storage market, predominantly occupied by mom-and-pop operations, and how he applied innovative marketing strategies from his previous experience to improve performance.
Mike shared his own journey of moving from independent property management to hiring professionals, leading to increased profits. They discussed the mixed landscape of self-storage, with some markets overbuilt and others lacking facilities, emphasizing the need for awareness of local competition. Their conversation also touched on the crucial role of coaching in overcoming self-doubt and unlocking potential, as Joe highlighted his approach to guiding clients in their real estate journeys.
What you’ll learn from this episode
-
How to transition into self-storage & empowerment to significantly scale operations and boost efficiency by streamlining team size.
- Impactful marketing strategies in the self-storage industry, rife with small-scale operations that provide fertile ground for innovation.
- Forging partnerships with other operators to drive site acquisition and development, while effectively pooling management resources.
- Critical importance of comprehending local competition and market intricacies, particularly in areas characterized by excessive supply or underserved demand.
- The Role of Coaching as a potent tool for conquering self-doubt and nurturing self-discovery, imperative for both personal and professional advancement.
About Joe
Joe is a dynamic force in the world of real estate investing and high-performance coaching. As the host of The Legacy Blueprint Podcast, Joe brings over 5,000 hours of coaching experience, dedicated to helping real estate investors, entrepreneurs, and business professionals unlock their true potential. His mission? To empower others to achieve unparalleled success, wealth, and freedom by providing the tools and strategies needed to create unstoppable momentum and break through obstacles.
Joe's impact is profound—he has guided hundreds of business owners to build stronger teams and achieve 7, 8, and even 9-figure successes. As the CEO of three thriving companies and a seasoned real estate investor with a diverse portfolio, Joe’s journey began in the US Navy Seabees, where he earned Letters of Appreciation from President Clinton and numerous service medals.
Today, he shapes the future of real estate investing through his Legacy Builder Real Estate Academy, mentoring the next generation of investors. Living in Haddonfield, NJ, with his wife Ashley and their two daughters, Joe continues to inspire and lead by example, serving as a true catalyst for transformation.
Connect with Joe
What to anticipate soon, stay tuned!
- Mike will soon commence hosting webinars to offer an interactive learning experience!
- Facebook Live: "Ask Me Anything" an interactive 30-minute question and answer session on a weekend morning coffee
- The Fortress Capital Investors Club Launch
Connect with us
If you’re a busy professional who wants to know more about growing your wealth through real estate, contact us at welcome@thefortresscapital.com | TheFortressCapital.com
- Website: Surgeon Syndicate
- LinkedIn: Michael McManus
- Instagram: @michaelmcmanusp
- Facebo
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