Andrew Abernathey - Chairman & CEO Of Abernathey Holdings On Scaling A Quarter Billion Dollar Self Storage Business & Pursuing Your Entrepreneurial Passion

#137: Andrew Abernathey is the founder and CEO of Abernathey Holdings, a leading real estate holding company driven by a passion for business and inspired by the value investing approach of Warren Buffett and the simplicity approach of Gary Tharaldson. Andrew’s investing journey began at the age of 13, exploring a diverse range of public securities. By the age of 18 he was already a millionaire. Established in August 2012, Abernathey Holdings initially pursued a diverse investment strategy. However, in 2019, they strategically shifted their focus to developing and owning class-A self-storage facilities across the sunbelt region, while also owning the operating companies to ensure vertical integration. This streamlined approach has not only enhanced their returns but also propelled them to achieve remarkable market-beating results, elevating their assets under management to an impressive $250 million and quickly growing.In addition to his entrepreneurial pursuits, he co-founded Abernathey Brothers Farm, an agricultural enterprise spanning multiple locations in North Dakota. Their focus is on planting, growing, and harvesting thousands of acres of small grains, which are sold in the open market. Beyond his corporate endeavors, he is actively engaged in the nonprofit sector. Through the Abernathey Foundation, he collaborates with Unseen, a Fargo-based organization, to combat global human trafficking. By combining his expertise in real estate investments, agricultural enterprise, and philanthropy, he strives to make a lasting impact and contribute to the betterment of society.For more on Andrew check out andrewaabernathey.com or abernatheyholdingco.comEnjoy the show!

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