#292: Being Versatile in Business Ventures- with Scott Lewis
October 13, 2020
This week’s episode of the Real Estate Investing For Cashflow podcast features Scott is the co-founder and Chief Executive Officer of Spartan Investment Group, LLC (SIG), and has led several successful real estate projects ranging from single-family flips to ground-up development of self-storage. To date, SIG operates over 5500 storage units, 200 RV pads, has completed $11M in development projects, has $110M more underway, and raised over $30M in private equity.
As the Chief Executive Officer, Scott is responsible for developing business strategies and plans ensuring their alignment with short-term and long-term objectives. In addition to Spartan, Scott is also in the US Army Reserves and is an Operation Iraqi Freedom Veteran. Scott graduated from Michigan State University with degrees in Chemistry and Marketing, from Catholic University with an MS in Management, and from Georgetown University with a Certificate in Project Management.
“So, one of the things I asked my boss was, “Hey can I do this informally and just ask some people to provide some input both from across, up, and then down as well?” To give me this really holistic feedback so I can look at gaps in my personality or wherever I need to improve.”
“I know that having an understanding of leadership both in theory and in practice is vitally important to be able to lead a team.”
:50- Scott’s background
11:20- Scott tells about what attracted him to the self-storage space
20:27- Scott gives us a case study example on self-storage
27:50- Scott gives his prediction of COVID’s impact on self-storage
31:55- Scott talks about the other businesses he has his hands in as well
35:54- Lightning round
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