Overview
Nicholas James Huber is an American entrepreneur and real estate investor who co-founded Bolt Storage, a self-storage acquisition and operations company with a portfolio valued at over $100 million across 68 locations in 11 states.[8] He previously co-founded Storage Squad, a student moving and storage service that operated in 25 college towns before being acquired by 1-800-PACK-RAT in 2021 for seven figures.[1]
Huber founded Storage Squad as an undergraduate at Cornell University in 2011, literally starting by filling his college apartment with student belongings.[1] The company expanded across nine states before its acquisition a decade later.[1] In parallel, he launched Bolt Storage in 2016, focusing on acquiring underperforming self-storage facilities in secondary and tertiary markets.[2]
A two-time NCAA All-American in track and field at Cornell, Huber holds school records in the pentathlon, heptathlon, and decathlon.[5] He currently resides in Athens, Georgia, where he operates multiple businesses including R.E. Cost Seg, a cost segregation services firm, and recently acquired Somewhere.com, an international recruiting company, for $52 million.[6][8]
Early life and education
Huber grew up in southern Indiana and attended Cornell University, where he studied Industrial and Labor Relations.[1][8] As a student-athlete, he competed in track and field, specializing in multi-event competitions.[5] He became a two-time NCAA All-American in the decathlon and served as co-captain of the track and field team.[5][8]
During his time at Cornell, Huber set school records in the pentathlon, heptathlon, and decathlon, and won individual Ivy League championships.[5][8] He graduated in 2012 with a bachelor's degree in Industrial and Labor Relations.[1]
Career
Storage Squad (2011–2021)
While still an undergraduate at Cornell in 2011, Huber co-founded Storage Squad with a business partner named Dan.[1][8] The company began as a student moving and storage service, literally starting by filling their college apartment with student belongings during summer breaks.[1]
Storage Squad expanded to serve 25 college towns across nine states over the course of a decade.[1] The company was acquired by 1-800-PACK-RAT in 2021 for seven figures.[1] Huber has described the business philosophy as focusing on simple, well-executed services rather than revolutionary concepts.[1]
Bolt Storage (2016–present)
Huber co-founded Bolt Storage in 2016 as a real estate private equity firm specializing in self-storage acquisitions and operations.[2][7] The company focuses on acquiring underperforming facilities in secondary and tertiary markets, targeting "mom and pop" operations rather than competing in major metropolitan areas.[2]
Bolt Storage has built a portfolio of 68 locations across 11 states, totaling over 2 million square feet with a combined value exceeding $100 million.[8] The company's average acquisition is approximately $2 million per facility.[2] During an aggressive acquisition phase, Bolt Storage scaled from 6 to 17 employees in six months.[8]
Additional Ventures (2022–present)
In 2022, Huber co-founded R.E. Cost Seg with CPA Mitchell Baldrige, providing cost segregation services for real estate investors.[8] The company completed over 650 projects and grew to 26 employees in its first year of operation.[8]
In 2024, Huber acquired Somewhere.com, an international recruiting company specializing in remote workforce placement, for $52 million.[6][8] He serves as CEO and controlling owner of the company.[8]
Recognition and public engagement
Huber hosts The Sweaty Startup podcast and maintains an active social media presence with over 820,000 followers across platforms.[8][9] His content has generated over 2 billion views online, focusing on entrepreneurship advice and real estate investing strategies.[8]
He has been featured in various business publications and podcasts discussing his approach to "sweaty entrepreneurship" and acquisition strategies.[3][4] Cornell University highlighted his entrepreneurial success in 2021 when Storage Squad was acquired.[1]
Public statements
Personal
References
- ILR alumni sell storage business for seven figures — Cornell Chronicle, April 2021
- Bolt Storage builds tech-driven storage portfolio — SpareFoot, January 2023
- Bolt Storage's Nick Huber on What Venture Gets Wrong — Primary VC, January 2023
- Building an Empire w/ Nick Huber — The Investor's Podcast, January 2023
- Nick Huber - 2011-12 - Men's Track & Field — Cornell University Athletics, January 2012
- How a First-Timer Pulled Off a $52m Acquisition — Acquiring Minds, January 2024
- Bolt Storage — Bolt Storage, January 2024
- Nick Huber - About — Nick Huber, January 2024
- The Sweaty Startup — The Sweaty Startup, January 2024
