Nick Huber Profile picture
Sep 15, 2020 12 tweets 3 min read Read on X
In December 2017, after 5 yrs, my wife and I got tired of our 600 sf apt in Boston MA for $2,500 a month.

So we made a list of what 20% of our activities that brought us 80% of our joy and set out to find a city that had all of those things.

Here's what we did...
I made my list:

Craft beer / cycling / music scene
College vibe / sports
Fishing / hiking
Affordable country club (golf)
Lakes / Mountains nearby
Entre community

She made hers:

Restaurant scene
Beach within 5 hrs
Yoga
Coffee culture
Family friendly
Live music
Our criteria:

Less than 1:20 from major airport + city
55+ in January
100k+ ppl
New build 4 bedroom for under $300k, less than 12 minutes from downtown
East of Mississippi River

I was investing every single dollar I had to my name into self storage so we needed to live cheap..
My partner and I made the decision to take the management team for our service business (yes, an in person sweaty service) 100% remote.

No office. No geo footprint. No more high cost, city living.
On January 2nd 2018 we packed up our 6 month old and went on a 45 day journey to check out some cities that had a lot of what we wanted.

We visited:

Asheville NC
Athens GA
Bloomington IN
Columbia SC
Charlotte NC
Raleigh NC
After a few weeks on Zillow (and 7 days in the town) we chose Athens GA. On July 3rd 2018 we closed on a 3,000 sf home 9 mins from downtown with an unfinished basement and 2 car garage for $289,000.

The only problem was we didn't know anyone at all within 5 hours of Athens...
Turns out the tribe makes or breaks the location no matter how much there is to do, so we got to work.

We introduced ourselves to people at church, in the co-working place i rented, and even at the park and grocery store.

It was uncomfortable and it was WORK.
Soon enough we had our tribe and fell in love with the city.

The cost of living
The hospitality
The culture
The food

And on and on...
And my business didn't skip a beat. We bought 5 self storage properties in the first 12 months (all in the northeast). Our service business had its best year ever.

And we had a yard and we wore shorts in January and our mortgage was $1200 a month.
Baby #2 came. Covid came. The world changed for us and for everyone.

And we felt lucky every day that we had a garage and back yard to spend time in.
The entire journey was scary as hell. Every few hours my wife and I would look at each other and ask what the hell we were doing.

Leaving the comfort of where we were telling ourselves we needed to be wasn't easy.

But it was so freeing and exciting at the same time.
If you're considering taking a leap, do it.

Life gets fun when you get out of your comfort zone. And creating an entirely new environment, with new people, living how you want to live, is as rewarding as it gets.

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More from @sweatystartup

Jun 26
How to figure out if your business idea is any good in 5 minutes or less:
A while back I had friend in Athens tell me that he wanted to start a house painting business.

We were sitting on my back deck drinking a Keystone light on a random Saturday at about 4pm.

He asked me what I thought.

I went to work.
I typed "House Painting" into Google Maps on my phone.

10 results popped up nearby.

I hit "call" on the first one.

A guy answered on the second ring. He was nice.

He told me he could come to my house anytime on Sunday or Monday to give me a quote.
Read 6 tweets
May 23
How to get rich without getting lucky:
Find a way to make $100/hour doing something simple IN YOUR TOWN.

Do it until you have $10K+ in the bank & you’re too busy to sell new customers.

Hire employees for $20/hr to do what you do so you can sell new customers.
Look at the market unemotionally.

It’s not about you and what you love doing.

Don’t try to reinvent the wheel.

Look at competition as a sign that there is money to be made here.
Read 12 tweets
May 13
The life of an entrepreneur can be brutally difficult.

But nobody talks about it.

Time for a stiff drink and a few words on some of the most stressful periods in my life.
The thing about being an entrepreneur is that there is nobody you can ask for help.

There is no boss you can call and dish off the really hard problems to.
And there is no track-record or “way of doing things” that is proven.

So you have this constant nagging feeling that what I’m doing might not work and I might lose a lot of money.
Read 27 tweets
Apr 17
There are a lot of underrated skills in this world.

Attributes that aren’t openly discussed but are widely shared by the most successful among us.

Here's how you can increase your chances.
Knowing what advice to take (and what to ignore) is a superpower.

My method:

Take it from anyone.

Weigh it according to how happy / successful the giver is.

Put it through my bullshit meter.

Do the work to apply it to my life.

Ignore 75% of it.

Cherish the rest.
Energy and excitement are underrated.

If you aren’t excited, even the most lucrative tasks can seam pointless.

The grass is always greener. Every opportunity has 10 really good reasons why it will fail.

Energy > competence.
Read 11 tweets
Mar 27
A mindset shift that really changed my life:
Walk into every single interaction with the goal of adding as much value as humanly possible.

Don't think about charging money, withholding info, etc.

Prove you know your stuff.

Help in a massive way.

Gain trust. Profit later.
A lot of folks have this mindset of scarcity.

If I give away what I know I’ll lose something and they’ll gain.

Or if someone else makes money, I must be losing money.

The sooner you realize that it’s a plentiful world, everyone can make money and you should share everything.
Read 7 tweets
Mar 20
In 2021, I worked on a career-defining $75M self storage deal that could have generated tens of millions in enterprise value for my company Bolt Storage.

But we lost it to a competitor...

It hurt!

Here's what happened:
The deal was for a 20 property portfolio (750K sq ft.)

The owner's brother-in-law follows me on X.

They wanted to sell their portfolio, so he called me to visit the properties to discuss buying them.

I went & loved the properties. I spent 4 hrs discussing the deal.

Why?
I knew the properties were worth more, especially if my team & I ran them for a few years.

So I talked to a few LPs & bankers to finance the deal, & made an offer (close to their asking price).

I was pumped. The deal would be my biggest & best yet. I thought I had it.

But,
Read 11 tweets

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