Father / Husband / Entrepreneur

"Success is When Preparation and Opportunity Meet"

Biography

I am the founder and CEO of Abernathey Holdings (AH), 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. My investing journey began at the age of 13, exploring a diverse range of public securities.

In addition to my entrepreneurial pursuits, I co-founded Abernathey Brothers Farm, an agricultural enterprise spanning multiple locations in Lansford and Bottineau, North Dakota. Our focus is on planting, growing, and harvesting thousands of acres of small grains, which are sold in the open market. This hands-on experience, combined with Mr. Buffett's wisdom that investing and business go hand in hand, has sharpened my skills in both realms.

Established in August 2012, AH initially pursued a diverse investment strategy. However, in 2019, we strategically shifted our 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 our returns but also propelled AH to achieve remarkable market-beating results, elevating our assets under management (AUM) to an impressive $250 million.

Beyond my corporate endeavors, I am actively engaged in the nonprofit sector. Through the Abernathey Foundation, we collaborate with Unseen, a Fargo-based organization, to combat global human trafficking. Our commitment to focus and effectiveness drives us to adopt sustainable strategies, aiming to create a self-sustaining system that grows and maintains itself, similar to a successful business model. We believe in empowering individuals by teaching them skills that provide long-term solutions, rather than relying solely on monetary donations.

By combining our expertise in real estate investments, agricultural enterprise, and philanthropy, we strive to make a lasting impact and contribute to the betterment of society.

Ventures
  • Abernathey Holdings
    Abernathey Holdings

    Abernathey Holdings

    John Templeton once wisely stated that to outperform the crowd, one must adopt a different approach from the crowd. At Abernathey Holdings, we embrace this philosophy wholeheartedly, employing focus as our primary tool for growth. We take pride in our discerning nature, selectively saying 'no' to most opportunities while steadfastly pursuing our core objective of developing and owning exceptional Class-A Storage Facilities.

    While it may be uncommon to find differentiating factors among holding companies, we firmly believe that even small distinctions can lead to significant competitive advantages over time. The Abernathey Family traces its roots back to a humble family farm in rural North Dakota, established in 1951. Since then, we have emerged as a prominent force in the industry, driven by our unwavering commitment to maximizing the value of every dollar invested—a commitment that is evident in our impressive track record of success.

    Allow us to showcase a selection of our outstanding facilities. While some are already complete and operational, others are still undergoing development. Our ambitious vision is to own and operate 100 to 150 facilities by 2032, and we have utmost confidence in our ability to achieve this milestone.


    Abernathey Holdings
  • Music
    Music

    Music

    One talent you may be unaware of is Andrew's ability to sing. For the last few years, he has performed annually at the Arizona Music Festival; he also performs daily in numerous cars, tractors, and boats. Singing in high school and college, Andrew is passionate about music; both listening to and performing. By self proclamation, singing is a vehicle to express himself, create new connections, and relax his soul. It's been a hobby, passion, and release for Andrew, and he plans to continue (always) singing and performing. 

    If you're wondering what he sounds like, shoot him a message.

    Andrew's closest celebrity twin (their voice at least): A mix between Josh Turner and Chris Young. 


    Music
  • Abernathey Farms
    Abernathey Farms

    Abernathey Farms

    Founded in 1951, Abernathey Farms has remained dedicated to continuous growth and innovation. Throughout our rich history, we have prioritized cultivating crops that yield the highest profit per acre, ensuring optimal returns for our operations.

    In 2017, we embarked on a transformative journey to enhance our efficiencies and elevate our farming practices. Implementing state-of-the-art drain tile systems on 90% of our acreage was a pivotal step towards achieving our objectives. This strategic investment not only improved the overall quality of our land but also unlocked the ability to farm 100% of our grounds, maximizing our productivity and ensuring a sustainable future.

    By embracing cutting-edge techniques and leveraging modern agricultural advancements, Abernathey Farms has solidified its position as a leader in the industry. Our unwavering commitment to efficiency, quality, and sustainability sets us apart, enabling us to consistently deliver outstanding results and forge a path of continued growth.

    Abernathey Farms
  • Abernathey Foundation
    Abernathey Foundation

    Abernathey Foundation

    At the Abernathey Foundation, we understand that effective giving can be as challenging as earning money. Our dedication lies in combating human trafficking through efficient, impactful, and sustainable approaches. By leveraging our strong partnership with Unseen, based in Fargo, ND, and applying the successful principles of Abernathey Holdings and Abernathey Farms, we strategically deploy funds to address one of the most pressing injustices of our time.

    Currently, over 50 million people are trapped in slavery, including a staggering 13.5 million children. This reality is unacceptable and demands action.

    Having personally witnessed the gravity of this issue during my trip to Thailand in early 2023, I am fully committed to making a difference. As of May 2023, the Abernathey Foundation has already positively impacted the lives of 6,083 individuals. However, our aspirations are even greater. We have set an ambitious goal to positively impact the lives of 1,000,000 people by 2032.

    Join us in the fight against human trafficking and contribute to the creation of a world where every individual can live free from exploitation.

    Together, we can make a lasting and meaningful impact.


    Abernathey Foundation
Stay Active With Andrew
  • "Developer bullish on self storage in Arizona despite sector's cooldown nationwide"
    "Developer bullish on self storage in Arizona despite sector's cooldown nationwide"
    "Developer bullish on self storage in Arizona despite sector's cooldown nationwide"
  • “Billionaire Advice that Made a Farm Boy a Fortune”
    “Billionaire Advice that Made a Farm Boy a Fortune”
    “Billionaire Advice that Made a Farm Boy a Fortune”
  • “How to become a Millionaire before 30”
    “How to become a Millionaire before 30”
    “How to become a Millionaire before 30”
  • “How Story Helps you Think Like a Billionaire”
    “How Story Helps you Think Like a Billionaire”

    “Never be afraid to tell yourself, ‘Make it bigger.’ Your Story can be as big as you want. You have one life, so just have the biggest story possible and always pivot when necessary.”

    - Andrew J. Abernathey

    “How Story Helps you Think Like a Billionaire”
  • The Importance of Giving
    The Importance of Giving

    Give everything you can; then give more! 

    One of the greatest rewards in life is giving back to those in need. While success is often chased and fought for, philanthropy is often rested upon. It's a chance to step aside and use your resources to help those around you. This is the side of capitalism that often times get overlooked. My goal is, and always has been, to leave a legacy. 


    If you’re in the luckiest 1 percent of humanity, you owe it to the rest of humanity to think about the other 99 percent.

    - Warren Buffett


    Whether you're giving money, time, or skills, philanthropy is one of the greatest gifts known to man. It is my personal belief that you'll always get back more than you give, and it's been proven true in my life over and over. Raised in the Church, I was taught the importance of living fully, loving deeply, and caring wholly, and at an early age I was lucky enough to sell my go-kart and donate a small profit back towards my Church. My mantra early on was:

    Have a mind of a capitalist; Hold a heart of a social worker.

    The older I get, the more I realize the power that businesses - and successful businesses - have on philanthropy. It was that feeling - you know, the one where you're able to help and can help - that really drives me to engage in a spirit of entrepreneurship that embraces the heart of philanthropy.  What legacy are you going to leave? That, that is the question I've always asked. In all my ventures, and through all my successes and failures, I will commit to philanthropy. My legacy will be bigger than me, more than just money, and in collaboration with others. Giving, it's that important to me. 

    - Andrew

     

    The Importance of Giving
  • The Other 80/20 Rule You Can Apply to Your Business and Personal Life
    The Other 80/20 Rule You Can Apply to Your Business and Personal Life

    Check out the article Andrew Abernathey wrote in the Huffington Post!

    The Other 80/20 Rule You Can Apply to Your Business and Personal Life
  • The Value of Investing: Q&A with Andrew Abernathey
    The Value of Investing: Q&A with Andrew Abernathey

    Take a look at a new article out on Andrew Abernathey in "All Business."

     

     

    The Value of Investing: Q&A with Andrew Abernathey
  • The Move of Private Equity
    The Move of Private Equity

    With the markets still very volatile and interest rates at record lows, I thought discussing the private equity space would make for a great alternative topic. I had the great pleasure to speak with the managing partner of Ritaway Investment Group to discuss the rapid growth of his firm these past couple years.

    The Move of Private Equity
  • Bismarck Tribune
    Bismarck Tribune

    Sometimes the best ideas begin with your friends, family, and some hats. This article is the story of Blake Preszler, Thane Lund, and myself (Andrew Abernathey), and our college startup, PLOW.. 

    Bismarck Tribune
  • Why Hard Work Pays Off
    Why Hard Work Pays Off

    At an early age I was taught the value of hard work by my father. Along with my family, we would work 15 to 18 hour days on the farm, making $5/hour. A small fee for a huge workload, but the lessons of effort, attitude, and humility, have truly formed me as a man. 


    I'll always invest in these: 

    My Family & Friends: My family and friends mean the world to me. They are my core and have taught me the most important lessons of life: love and commitment. 

    My Ability to Learn: I believe that the minute you stop learning is the minute that you stop growing, so I continue to apply myself towards more knowledge & wisdom. 

    My Ability to Fail: Sometimes in life you must try and fail in order for you to try again and succeed. In all of my efforts, I have become accepting of failure in the sense of learning and growing. 


    Hard work has given me:

    Opportunities: The more effort that I give to something, the more opportunity I have to excel at it. It's not always easy, but I believe that effort outworks talent everyday. Throughout my life I've been blessed to have the opportunity to work hard, and I plan on creating more opportunities through exercising more effort. 

    Lessons: Every time I give effort - whether it's a new venture or a task I've done a thousand times - I learn a new lesson. Like I said before, I embrace my ability to fail, and I embrace the lessons I learn in doing so (whether they are taught through failing or succeeding). 

    Connections: Relationships are the currency of power in business and in life, and through effort you can create and foster them well. It's not always easy to create and/or maintain business relationships, but I've found that the effort is always worth the reward.


    Hard work pays off. It's not pretty, easy, or even always fun, but it's worth it. If I've learned anything thus far, it's that I need to always bring my A effort, and attitude. Like my father taught us on the farm, work hard and be committed; it'll grow. 

    - Andrew 

    Why Hard Work Pays Off
  • Hidden Secret of Business?
    Hidden Secret of Business?

    Success is When Preperation and Opportunity Meet


    I've been asked a few times what my hidden secret is in business, and I always come back to one thing, preparation. I believe that if you prepare, you'll be ready (seems simply enough doesn't it?). Practically, this has been executed in a variety of different ways over the last few years, but primarily it's looked a lot like studying. Throughout my young career I've studied everything and anything, and I continue to narrow down my focus as I've become more and more knowledgeable and passionate about certain things. 


    I've mainly studied: 

    1. Accounting: (Rules, formulas, etc.) 
    2. Taxes: (Benefits, exemptions, etc.) 
    3. Human Nature: (Psychology, interpersonal communication, etc.) 

    One of the greatest lessons I've ever been taught is the importance of preparation when it comes to business and life. My dad used to talk with us about the fact that if we were going to use the tractor, we'd need to understand how it works. The importance of that was to understand the intricacies of each individual piece, why they were needed, and how they would impact the performance of the unit as a whole. I've applied this lesson toward my career - my accounting, my taxes, and my relationships - over the years, and have truly invested in creating and retaining knowledge.

    If there is a hidden secret in business, I believe that it's preparation. So, prepare like no other. 

    - Andrew 

    Hidden Secret of Business?

Book Conference Room in Fargo Abernathey Building

 
 
X

Abernathey Holdings

John Templeton once wisely stated that to outperform the crowd, one must adopt a different approach from the crowd. At Abernathey Holdings, we embrace this philosophy wholeheartedly, employing focus as our primary tool for growth. We take pride in our discerning nature, selectively saying 'no' to most opportunities while steadfastly pursuing our core objective of developing and owning exceptional Class-A Storage Facilities.

While it may be uncommon to find differentiating factors among holding companies, we firmly believe that even small distinctions can lead to significant competitive advantages over time. The Abernathey Family traces its roots back to a humble family farm in rural North Dakota, established in 1951. Since then, we have emerged as a prominent force in the industry, driven by our unwavering commitment to maximizing the value of every dollar invested—a commitment that is evident in our impressive track record of success.

Allow us to showcase a selection of our outstanding facilities. While some are already complete and operational, others are still undergoing development. Our ambitious vision is to own and operate 100 to 150 facilities by 2032, and we have utmost confidence in our ability to achieve this milestone.


Music

One talent you may be unaware of is Andrew's ability to sing. For the last few years, he has performed annually at the Arizona Music Festival; he also performs daily in numerous cars, tractors, and boats. Singing in high school and college, Andrew is passionate about music; both listening to and performing. By self proclamation, singing is a vehicle to express himself, create new connections, and relax his soul. It's been a hobby, passion, and release for Andrew, and he plans to continue (always) singing and performing. 

If you're wondering what he sounds like, shoot him a message.

Andrew's closest celebrity twin (their voice at least): A mix between Josh Turner and Chris Young. 


Abernathey Farms

Founded in 1951, Abernathey Farms has remained dedicated to continuous growth and innovation. Throughout our rich history, we have prioritized cultivating crops that yield the highest profit per acre, ensuring optimal returns for our operations.

In 2017, we embarked on a transformative journey to enhance our efficiencies and elevate our farming practices. Implementing state-of-the-art drain tile systems on 90% of our acreage was a pivotal step towards achieving our objectives. This strategic investment not only improved the overall quality of our land but also unlocked the ability to farm 100% of our grounds, maximizing our productivity and ensuring a sustainable future.

By embracing cutting-edge techniques and leveraging modern agricultural advancements, Abernathey Farms has solidified its position as a leader in the industry. Our unwavering commitment to efficiency, quality, and sustainability sets us apart, enabling us to consistently deliver outstanding results and forge a path of continued growth.

Abernathey Foundation

At the Abernathey Foundation, we understand that effective giving can be as challenging as earning money. Our dedication lies in combating human trafficking through efficient, impactful, and sustainable approaches. By leveraging our strong partnership with Unseen, based in Fargo, ND, and applying the successful principles of Abernathey Holdings and Abernathey Farms, we strategically deploy funds to address one of the most pressing injustices of our time.

Currently, over 50 million people are trapped in slavery, including a staggering 13.5 million children. This reality is unacceptable and demands action.

Having personally witnessed the gravity of this issue during my trip to Thailand in early 2023, I am fully committed to making a difference. As of May 2023, the Abernathey Foundation has already positively impacted the lives of 6,083 individuals. However, our aspirations are even greater. We have set an ambitious goal to positively impact the lives of 1,000,000 people by 2032.

Join us in the fight against human trafficking and contribute to the creation of a world where every individual can live free from exploitation.

Together, we can make a lasting and meaningful impact.


“Never be afraid to tell yourself, ‘Make it bigger.’ Your Story can be as big as you want. You have one life, so just have the biggest story possible and always pivot when necessary.”

- Andrew J. Abernathey

Give everything you can; then give more! 

One of the greatest rewards in life is giving back to those in need. While success is often chased and fought for, philanthropy is often rested upon. It's a chance to step aside and use your resources to help those around you. This is the side of capitalism that often times get overlooked. My goal is, and always has been, to leave a legacy. 


If you’re in the luckiest 1 percent of humanity, you owe it to the rest of humanity to think about the other 99 percent.

- Warren Buffett


Whether you're giving money, time, or skills, philanthropy is one of the greatest gifts known to man. It is my personal belief that you'll always get back more than you give, and it's been proven true in my life over and over. Raised in the Church, I was taught the importance of living fully, loving deeply, and caring wholly, and at an early age I was lucky enough to sell my go-kart and donate a small profit back towards my Church. My mantra early on was:

Have a mind of a capitalist; Hold a heart of a social worker.

The older I get, the more I realize the power that businesses - and successful businesses - have on philanthropy. It was that feeling - you know, the one where you're able to help and can help - that really drives me to engage in a spirit of entrepreneurship that embraces the heart of philanthropy.  What legacy are you going to leave? That, that is the question I've always asked. In all my ventures, and through all my successes and failures, I will commit to philanthropy. My legacy will be bigger than me, more than just money, and in collaboration with others. Giving, it's that important to me. 

- Andrew

 

Check out the article Andrew Abernathey wrote in the Huffington Post!

Take a look at a new article out on Andrew Abernathey in "All Business."

 

 

With the markets still very volatile and interest rates at record lows, I thought discussing the private equity space would make for a great alternative topic. I had the great pleasure to speak with the managing partner of Ritaway Investment Group to discuss the rapid growth of his firm these past couple years.

Sometimes the best ideas begin with your friends, family, and some hats. This article is the story of Blake Preszler, Thane Lund, and myself (Andrew Abernathey), and our college startup, PLOW.. 

At an early age I was taught the value of hard work by my father. Along with my family, we would work 15 to 18 hour days on the farm, making $5/hour. A small fee for a huge workload, but the lessons of effort, attitude, and humility, have truly formed me as a man. 


I'll always invest in these: 

My Family & Friends: My family and friends mean the world to me. They are my core and have taught me the most important lessons of life: love and commitment. 

My Ability to Learn: I believe that the minute you stop learning is the minute that you stop growing, so I continue to apply myself towards more knowledge & wisdom. 

My Ability to Fail: Sometimes in life you must try and fail in order for you to try again and succeed. In all of my efforts, I have become accepting of failure in the sense of learning and growing. 


Hard work has given me:

Opportunities: The more effort that I give to something, the more opportunity I have to excel at it. It's not always easy, but I believe that effort outworks talent everyday. Throughout my life I've been blessed to have the opportunity to work hard, and I plan on creating more opportunities through exercising more effort. 

Lessons: Every time I give effort - whether it's a new venture or a task I've done a thousand times - I learn a new lesson. Like I said before, I embrace my ability to fail, and I embrace the lessons I learn in doing so (whether they are taught through failing or succeeding). 

Connections: Relationships are the currency of power in business and in life, and through effort you can create and foster them well. It's not always easy to create and/or maintain business relationships, but I've found that the effort is always worth the reward.


Hard work pays off. It's not pretty, easy, or even always fun, but it's worth it. If I've learned anything thus far, it's that I need to always bring my A effort, and attitude. Like my father taught us on the farm, work hard and be committed; it'll grow. 

- Andrew 

Success is When Preperation and Opportunity Meet


I've been asked a few times what my hidden secret is in business, and I always come back to one thing, preparation. I believe that if you prepare, you'll be ready (seems simply enough doesn't it?). Practically, this has been executed in a variety of different ways over the last few years, but primarily it's looked a lot like studying. Throughout my young career I've studied everything and anything, and I continue to narrow down my focus as I've become more and more knowledgeable and passionate about certain things. 


I've mainly studied: 

  1. Accounting: (Rules, formulas, etc.) 
  2. Taxes: (Benefits, exemptions, etc.) 
  3. Human Nature: (Psychology, interpersonal communication, etc.) 

One of the greatest lessons I've ever been taught is the importance of preparation when it comes to business and life. My dad used to talk with us about the fact that if we were going to use the tractor, we'd need to understand how it works. The importance of that was to understand the intricacies of each individual piece, why they were needed, and how they would impact the performance of the unit as a whole. I've applied this lesson toward my career - my accounting, my taxes, and my relationships - over the years, and have truly invested in creating and retaining knowledge.

If there is a hidden secret in business, I believe that it's preparation. So, prepare like no other. 

- Andrew