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

Why Getting Audited Can Be the Best Thing for Your Business

For most CEOs or small business owners, the word audit brings anxiety. It’s easy to imagine piles...

11 Lessons I Learned to Sell My Business to Private Equity

Selling your business to private equity is often seen as the ultimate achievement for an...

The 7 Deadly Mistakes of a New CEO (and How to Avoid Them)

Becoming a CEO for the first time is a major milestone. You’ve earned the top seat—now the real...

Under 25? Start These 7 Scalable Businesses with Less Than $25K Today

If you’re under 25 and thinking about starting a business, you’re in the perfect spot to take...

Mastering Stephen Covey’s Quadrant 2: The Secret to Building a Business That Thrives

When it comes to time management and productivity, few frameworks are as enduring—and practical—as...

4 Rules for Finding Blue Oceans and Maximizing Margins

When I was building NewAir, we didn’t waste time fighting for scraps in crowded categories....