Luke Peters

Luke Peters

Luke Peters is an accomplished entrepreneur and the former CEO of NewAir, a company he founded in 2001 and grew from a garage startup to a thriving business with over $600 million in cumulative sales. His journey began in Fountain Valley, California, where he learned the value of hard work while working in his family’s donut shop for just 25 cents an hour. Under Luke's leadership, NewAir achieved significant milestones, including $80 million in sales in a single year and multiple placements on the Inc. 500 list. He successfully pivoted the company from a 100% B2C model to a multi-channel strategy, partnering with major retailers like Home Depot and Amazon. In mid-2021, after 20 years of dedication while retaining 100% of the stock, Luke sold NewAir in a mid-eight-figure deal . Today, he serves as a strategic CEO coach, leveraging his extensive experience to help other entrepreneurs navigate their paths to success. Luke is also a father of six and an avid surfer, embodying a balanced lifestyle that values both family and business. His story exemplifies the power of perseverance and innovation in achieving entrepreneurial success.

Blogs

How CEOs Should Use AI in 2024: Empower Your SMB Team for Immediate Impact

As technology continues to advance,AIis becoming an increasingly critical tool forCEOsandsmall...

Why 1:1 Business Coaching Outperforms Masterminds for CEOs

Mastermind groups have become increasingly popular for CEOs and business leaders, offering a space...

Why CEOs and Founders Are Working Too Many Hours and How to Prevent Burnout

As a CEO or founder, working long hours often feels like a badge of honor, but the truth is, it’s a...

The Power of Hiring Experts: Why the Right Talent is Always Worth the Investment

Over the course of growing my company, Newair, one thing remained constant—cash was always tight....

The Road to Private Equity: Lessons from My 20-Year Journey

It took me 20 years to sell my business to private equity. But the truth is, for the first 15...

Selling Your Business — Your #1 Business Strategy

Most businesses don’t have time to think about an exit, but getting to a business sale should be...