#501 How Luke Peters Built and Sold an $80M Business (And What He’d Do Differently)
-----
Chasing revenue is the fastest way to stay stuck. Luke Peters built an $80M business by doing the opposite.
Everyone wants an 8-figure exit... until they realize what it actually takes.
Luke Peters accomplished the exit and shares what he’d do differently.
He started out making 25 cents an hour in his family’s donut shop. He barely scraped through high school, became a hazardous waste scientist, and then he spotted a strange little opportunity online: portable air conditioners.
Most people would’ve shrugged it off. Luke leaned in.
Fast forward a few years, he’s running an $80M company, built from scratch, with zero investors.
You know those stories where someone “falls into success”? This isn’t that. Luke earned every inch. And in this episode of “Success for the Athletic-Minded Man,” he breaks down exactly how he did it.
We dive into how he bootstrapped his business, scaled smart (without losing his mind), and built a team that made his company sellable— a crucial move for anyone eyeing an exit.
You’ll hear why most entrepreneurs are stuck at 5% margins, how Luke used SEO to cash-flow from day one, and the difference between grinding and unfocused grinding.
This is the stuff no one tells you, but everyone wishes they knew sooner. Tune in now. You’re gonna want a notebook for this one!
If you don’t have time to listen to the entire episode or if you hear something that you like but don’t have time to write it down, be sure to grab your free copy of the Action Plan from this episode— as well as get access to action plans from EVERY episode— at http://www.JimHarshawJr.com/Action.
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Special Summer Offer: Exclusively on Apple Podcasts, try our Dateline Premium subscription completely free for one month! With Dateline Premium, you get every episode ad-free plus exclusive bonus content.
The Breakfast Club
The World's Most Dangerous Morning Show, The Breakfast Club, With DJ Envy, Jess Hilarious, And Charlamagne Tha God!
Crime Junkie
Does hearing about a true crime case always leave you scouring the internet for the truth behind the story? Dive into your next mystery with Crime Junkie. Every Monday, join your host Ashley Flowers as she unravels all the details of infamous and underreported true crime cases with her best friend Brit Prawat. From cold cases to missing persons and heroes in our community who seek justice, Crime Junkie is your destination for theories and stories you won’t hear anywhere else. Whether you're a seasoned true crime enthusiast or new to the genre, you'll find yourself on the edge of your seat awaiting a new episode every Monday. If you can never get enough true crime... Congratulations, you’ve found your people. Follow to join a community of Crime Junkies! Crime Junkie is presented by audiochuck Media Company.