Seven Keys To Self Storage Auction Success
Know your strengths and capitalize on what you do best. This also means that you must be realistic about your weaknesses. If you are honest about the things you do not do best, seek assistance from others who will help you to maximize your overall potential.
Is there a part of the storage auction business that you really love? Are you great at the competitive bidding process? Is reselling the items your strongpoint that gives you great pleasure? It is said, "When you love what you do, you will never work a day in your life."
You must be organized. To make it in the storage unit auction game, a business plan is essential that incorporates a realistic budget that you are comfortable living within. Try to prepare for the unexpected at all times.
Whatever your plan is, execute it with persistence and tenacity.
You must relate well to your customer when reselling storage auction unit purchases. If customer relations is not your strong suit, consider hiring an associate that embodies the proper customer service attitude or perhaps take on a partner to handle that very important aspect of the business. "People and companies do business with people they like to do business with."
Rely on the business models provided by the Storage Treasures website. Advice, information, and instruction is meant to offer a model of successful storage auction buying and selling. Don't be afraid to be a "copy cat". Learn what has made others before you successful in the storage auction business, and use those tools to create your own successful course of action.
Growth of your storage auction business is essential. You cannot remain complacent and stagnant. Business climate changes and you must be prepared to move with the market. Never take your eyes off of the competition. Stay on top of as much market research as you can gather. Have a strategy that keeps you ahead of market changes. Remain positive and open minded.