Oct 6, 2026 · 36 min · 11 segments
Join Big Hitters Community here: https://rebrand.ly/bhiFH **Building a venture during a tech hype cycle is easy; building operating companies that withstand economic…
Larry WeidelHost
Dejan NenovGuest
Talk about getting involved in a company and the lessons you learn from adapting inside there and how to stand out.

How did you catch hold of that, make that transition, and get to the point where you stood out? And then what kind of skills started emerging that you, or interests would you say?

And when you're very, very young and you have ideas, and you're fortunate enough to have people that are willing to listen to you regardless of your inexperience and youth, and you're prepared to work hard to make things happen, then things tend to align.

And so in this first circumstance, I was coming out of a quite sophisticated software program and this company was specializing in running mini storage warehouses.

So they invested in purchasing a geographic information system, and then we mapped every high school, fast food place, and so every school, fast food place, and major intersection, and then every store, mini storage warehouse in the United States.

And I created a little algorithm that predicted what the probability of raising rents and occupancy is as a function of the proximity of the storage to these types of locations.

And it worked out so well that we took that and took the company public as a REIT on the New York Stock Exchange, selling it as a high tech business in a low tech industry.

And from the proceeds, the company acquired additional seventy properties around the US.

So it was again technology based, but very much business optimization related type of experience.

Well, that thing about fortune favoring the bold, you get these ideas or you get these, develop these tendencies when you're young or concepts come to you, and they can kind of trigger you the rest of your life.

I know that, uh, one thing that hit me in high school was summer jobs where you're on the bottom of the totem pole, you do the worst work, you've got the worst boss because whoever, somebody's ever trained to be, most of the time they've got their own mental problems, and not a great encouraging environment.

And I came to that conclusion not being a genius, but I was smart enough to realize early on in my, uh, high school years, I don't know what I'm gonna do in my future.

I'm not gonna be in the bottom 'cause that's where you get the low pay, the worst work, the less fulfillment.

It dawned on me really early in life that whatever you're gonna do, it's more fun at the top.

Talk about getting involved in a company and the lessons you learn from adapting inside there and how to stand out.

How did you catch hold of that, make that transition, and get to the point where you stood out? And then what kind of skills started emerging that you, or interests would you say?

And when you're very, very young and you have ideas, and you're fortunate enough to have people that are willing to listen to you regardless of your inexperience and youth, and you're prepared to work hard to make things happen, then things tend to align.

And so in this first circumstance, I was coming out of a quite sophisticated software program and this company was specializing in running mini storage warehouses.

So they invested in purchasing a geographic information system, and then we mapped every high school, fast food place, and so every school, fast food place, and major intersection, and then every store, mini storage warehouse in the United States.

And I created a little algorithm that predicted what the probability of raising rents and occupancy is as a function of the proximity of the storage to these types of locations.

And it worked out so well that we took that and took the company public as a REIT on the New York Stock Exchange, selling it as a high tech business in a low tech industry.

And from the proceeds, the company acquired additional seventy properties around the US.

So it was again technology based, but very much business optimization related type of experience.

Well, that thing about fortune favoring the bold, you get these ideas or you get these, develop these tendencies when you're young or concepts come to you, and they can kind of trigger you the rest of your life.

I know that, uh, one thing that hit me in high school was summer jobs where you're on the bottom of the totem pole, you do the worst work, you've got the worst boss because whoever, somebody's ever trained to be, most of the time they've got their own mental problems, and not a great encouraging environment.

And I came to that conclusion not being a genius, but I was smart enough to realize early on in my, uh, high school years, I don't know what I'm gonna do in my future.

I'm not gonna be in the bottom 'cause that's where you get the low pay, the worst work, the less fulfillment.

It dawned on me really early in life that whatever you're gonna do, it's more fun at the top.
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