How I Raised Twenty Million to Take Control of a Fifty Million Dollar Company
The Sweaty Startup
Tom and I talk about the moment I turned down a multimillion dollar cash-out offer and instead decided to raise twenty million dollars and buy control of Somewhere.com. I walk through how that deal came together, how I borrowed nine million from the founder, structured the investor tranches, and rebuilt the leadership team while still running Bolt Storage and RE Cost Seg. We get into why I believed the company could become a publicly traded business and how my media brand helped me raise over forty million for storage, somewhere and other deals. I also explain how I split my time across multiple companies, why I spend 350k a year on my personal media team, and how building a brand on X completely accelerated my career. This episode is about unreasonable ambition, calculated risk and making moves even when nobody gives you permission.
Grow your business:
https://sweatystartup.com/events
Book:
https://www.amazon.com/Sweaty-Startup-Doing-Boring-Things/dp/006338762X
Newsletter:
https://www.nickhuber.com/newsletter
My Companies:
Offshore recruiting – https://somewhere.com
Cost segregation – https://recostseg.com
Self storage – https://boltstorage.com
RE development – http://www.boltbuilders.com
Brokerage – https://nickhuber.com
Paid ads – https://adrhino.com
SEO – https://boldseo.com
Insurance – https://titanrisk.com
Pest control – https://spidexx.com
Sell a business:
http://nickhuber.com/sell
Buy a business:
https://www.nickhuber.com/buy
Invest with me:
http://nickhuber.com/invest
Social Profiles:
X – https://www.x.com/sweatystartup
Instagram – https://www.instagram.com/sweatystartup
TikTok – https://www.tiktok.com/404?fromUrl=/sweatystartup
LinkedIn – https://www.linkedin.com/in/sweatystartup
Podcasts:
The Sweaty Startup & The Nick Huber Show
https://open.spotify.com/show/7L5zQxijU81xq4SbVYNs81
Free PDF – How to analyze a self-storage deal:
https://sweatystartup.ck.page/79046c9b03