#501 How Luke Peters Built and Sold an $80M Business (And What He’d Do Differently)
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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.
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