Luke Belmar: How I went From $10 to $1 Million

If you’ve ever dreamed of starting your own business and making serious money, then you're in the right place. Starting a business can be a huge leap, but it’s also one of the most rewarding ventures you can embark on. Luckily, you don’t have to do it alone. Luke Belmar, a serial entrepreneur, has shared his insights on how to make money in a way that’s practical, actionable, and, let’s face it, exciting.

In a recent interview with Simon Squibb, Belmar opened up about his entrepreneurial journey and laid out a guide for anyone looking to start a business and generate wealth. If you’re someone who's itching to break free from the traditional 9-to-5 grind and build something of your own, keep reading. We’ve broken down some of Luke’s most powerful tips to help you get started, keep going, and, most importantly, start making money.

1. Start with the Right Mindset

One of the first things Belmar emphasizes in his guide is the importance of having the right mindset. You’ve probably heard it before, but it’s absolutely true—your mindset is everything when it comes to making money and building a business.

Belmar explains that successful entrepreneurs view challenges as opportunities to grow. They aren’t afraid to fail because they know that failure is part of the learning process. If you’re not willing to fail, you won’t be able to embrace the journey of entrepreneurship. It’s not about being perfect from the start; it’s about starting, learning from mistakes, and improving as you go.

Belmar also talks about the concept of “abundance thinking.” Instead of viewing business opportunities as limited, he believes in seeing the potential for unlimited success. There are endless possibilities to make money, and it’s your job to identify the ones that align with your passions and skills.

So, the first step? Change your mindset. Embrace challenges, learn from failures, and believe that there are infinite opportunities out there.

2. Start Small and Scale Up

Luke Belmar didn’t start with a big, flashy business. In fact, he built his empire slowly and steadily. According to his advice, you don’t need to start big to succeed. The key is to start small and scale up as you gain experience and resources.

In the Simon Squibb interview, Belmar talks about how his early businesses weren’t glamorous at all. He didn’t dive straight into launching a multi-million-dollar company. Instead, he started with small projects, learned the ropes, and then gradually expanded. He mentions how the process of building a business is like stacking blocks—you start with one thing, then build on it until you have a strong foundation.

The moral of the story? Don’t overcomplicate things. You don’t need millions of dollars to start. You just need an idea, the willingness to learn, and the patience to grow. Start with something manageable and focus on perfecting it. As you gain confidence and expertise, you can scale up and take on bigger opportunities.

3. Learn to Solve Real Problems

The most successful businesses are the ones that solve real problems for real people. This is one of the most important pieces of advice from Belmar. When you’re thinking about starting a business, focus on solving a problem that people actually care about.

Belmar shares an example of how his business ideas were often sparked by identifying needs that weren’t being met in the market. He talks about how success in business isn’t about selling a product that you think is amazing—it’s about identifying a problem and providing a solution that makes people’s lives easier or better.

This is crucial because people pay for solutions, not products. If you can find a way to make their lives better, easier, or more enjoyable, they’ll be willing to pay for it.

Think about what problems exist in your life or in the lives of the people around you. Can you create a product, service, or platform that fixes those problems? If so, you’re already on the right track. The key is find a need, and fill it.

4. Leverage Your Skills and Interests

One of the coolest things about building your own business is that you don’t have to reinvent the wheel. You can start a business by leveraging your existing skills and interests. Luke Belmar is a huge advocate for this idea. According to him, when you start a business based on what you already know and love, you’re more likely to succeed. Why? Because you’re more likely to stay motivated, passionate, and committed to making it work.

Belmar encourages people to take stock of what they already know. What are you good at? What do you enjoy doing? Are there any skills or hobbies you can turn into a business? This is a great starting point because it helps you focus on something that aligns with your strengths and passions.

So, rather than starting a business in a field that feels completely alien to you, consider ways you can turn your hobbies, talents, or knowledge into a profitable venture. Whether it’s a digital marketing business, a YouTube channel, an e-commerce store, or a fitness coaching service, the possibilities are endless.

5. Understand the Power of Digital Marketing

These days, digital marketing is the backbone of any successful business. Whether you're selling a product, offering a service, or growing a brand, you need to know how to market yourself online. This is one of the major takeaways from Luke Belmar’s approach to making money.

Belmar talks about how digital marketing has leveled the playing field for entrepreneurs. Thanks to social media, SEO, content marketing, and paid ads, anyone can reach a global audience and start building their business from scratch. Gone are the days when you needed millions to run a successful marketing campaign.

He also discusses how social media platforms like Instagram, TikTok, and YouTube can be used to market your business for little to no cost. With the right strategy and consistent content, you can grow your brand and attract customers on these platforms.

If you’re serious about starting your own business, mastering digital marketing should be at the top of your to-do list. Start by learning about SEO (Search Engine Optimization), creating engaging social media content, and understanding the basics of paid ads on platforms like Facebook and Google.

6. Build Relationships and Network

Another key lesson from Luke Belmar is the importance of building relationships. He emphasizes that networking is everything in business. You need to surround yourself with like-minded individuals, mentors, and people who can help you on your entrepreneurial journey.

In the Simon Squibb interview, Belmar talks about how he leveraged his connections to open doors and create opportunities. Networking isn’t just about making business contacts; it’s about finding people who can support you, teach you, and help you grow.

So, don’t shy away from networking. Attend events (even virtual ones), engage on LinkedIn, and reach out to people who inspire you. The more you put yourself out there, the more opportunities will come your way. Remember, it’s not just what you know; it’s who you know.

7. Take Action and Stay Consistent

Finally, one of the most important pieces of advice from Belmar is to take action and stay consistent. It’s easy to get stuck in the planning phase or get overwhelmed by all the things you think you need to do. But the truth is, nothing happens until you take that first step.

Luke Belmar himself didn’t wait for the perfect moment or the perfect idea to start his businesses. He just started, learned as he went, and adapted to the market. He talks about how success doesn’t come overnight, but through constant effort and persistence.

To succeed in business, you need to act, learn from your experiences, and keep going even when things get tough. Consistency is key. Small, consistent actions over time lead to big results.

Conclusion: Your Entrepreneurial Journey Starts Now

Luke Belmar’s guide to making money isn’t just about tips and tricks—it’s about creating a mindset and an approach that sets you up for long-term success. It’s about taking action, learning from your mistakes, and understanding that business is all about solving real problems, building relationships, and leveraging the power of digital marketing.

So, if you’re ready to start your own business and build the life you want, take a page from Belmar’s playbook: Start small, focus on what you’re good at, solve problems, and take consistent action. The road to entrepreneurial success is within your reach—you just need to take the first step.

Your future self will thank you.