How I Raised Twenty Million to Take Control of a Fifty Million Dollar Company

How I Raised Twenty Million to Take Control of a Fifty Million Dollar Company

Author: Nick Huber December 17, 2025 Duration: 19:52
The Sweaty Startup
BusinessEntrepreneurship

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

 


Forget the theory and get into the trenches. The Sweaty Startup is a direct conversation about building real businesses from the ground up. Host Nick Huber, a successful entrepreneur himself, cuts through the noise to share the practical principles, strategies, and methods that actually grow companies. Each episode focuses on actionable advice you can use immediately, whether you're just starting out or looking to scale. This podcast is built on the belief that success comes from rolling up your sleeves and doing the work-the sweaty, often overlooked fundamentals that create lasting value. You'll hear straightforward discussions on operations, hiring, marketing, and profitability, all delivered without fluff. It’s for anyone who prefers clear, direct talk over inspirational platitudes and wants a reliable source of hard-won knowledge. Tune in to make your vision a concrete reality.
Author: Language: English Episodes: 100

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The Sweaty Startup
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