How Luke Belmar Made $42 Million In His 20s

The video is about Luke Belmar, who made $42 million in his 20s through various online ventures such as drop shipping, e-commerce, and cryptocurrency, and discusses his journey to success and his investment strategies.

This video by Jordan Welch was published on Apr 2, 2023.
Video length: 11:13.

The video is about Luke Belmar, a young entrepreneur who has made millions of dollars through various ventures such as drop shipping, e-commerce, social media arbitrage, and cryptocurrency.

He shares his journey from starting in a small village in Argentina to becoming a retired multi-millionaire in his 20s. Luke also discusses his investment strategies and recommends investing in assets like gold, silver, US dollars, Singaporean dollars, and Bitcoin.

The video ends with Luke receiving a special gift from the host, showcasing their friendship and appreciation for each other.

• Luke made his money through drop shipping, e-commerce, branded stores, and social media arbitrage.
• He got into cryptocurrency in 2016 and experienced a significant increase in his investments in 2017.
• However, he lost it all due to a lack of understanding of market cycles.
• Luke started with $200 in a suitcase and worked odd jobs before becoming a retired multi-millionaire in his 20s through self-education.
• He believes in diversifying assets internationally and constantly learning about investment opportunities.
• Jordan surprises Luke with a custom-made snowboard as a gift.
• Luke plans to build the largest decentralized entrepreneurial network in the world called Capital Club to create wealth and opportunity for members.

How Luke Belmar Made $42 Million In His 20s - YouTube

How Luke Belmar Made His Money

• Luke made his money through drop shipping and e-commerce.
• He also had branded stores and did social media arbitrage.
• In 2016, he got into cryptocurrency and bought Bitcoin for a couple hundred dollars.
• In 2017, he experienced a 160x increase in his crypto investments.
• However, he lost it all because he didn't understand market cycles.

Luke's Journey to Success

• Luke started in a small village in Argentina and came to the United States with $200 in a suitcase.
• He started by doing odd jobs like pressure washing and cleaning dishes.
• He realized the importance of self-education and transforming himself into the person he wanted to be.
• Through self-education, he went from washing dishes to becoming a retired multi-millionaire in his 20s.
• He believes that luck is a factor, but you can position yourself for success through education and personal growth.

Luke's Investment Strategies

• Luke believes that banks are not safe places to leave your money because they don't invest and multiply it like you should.
• He recommends building a basket of assets that includes gold, silver, Swiss Francs, US dollars, Singaporean dollars, and Bitcoin.
• He believes these assets will provide protection in times of turmoil.
• He advises against leaving these assets in one location and suggests diversifying internationally.
• He also believes in constantly learning and staying informed about investment opportunities.

How Luke Belmar Made $42 Million In His 20s - YouTube

A Gift for Luke

• Jordan surprises Luke with a special gift, a custom-made snowboard with Luke's logo.
• Jordan expresses his gratitude for how Luke has changed his life.
• Luke is touched by the gesture and appreciates the visual representation of greatness.
• They both share their excitement and prepare to hit the slopes with the new snowboard.

Building Online Ventures

• Success comes from finding glitches in the system and utilizing them to make money online.
• Money can be made through various online ventures such as drop shipping, e-commerce, and cryptocurrency.
• Starting an e-commerce store and understanding branding, viral content, supply chain management, and customer service is a good route to take.
• Learning these skills can be translated into building bigger businesses.
• Money upfront is required for starting an e-commerce store.

Overcoming Challenges

• The lowest point in Luke Belmar's life was when his family rejected his decision to pursue entrepreneurship.
• He pushed past this by proving them wrong through his actions.
• For someone at their lowest moment, Luke Belmar advises looking up and taking control of their life with the help of God.
• He compares the relationship with God to that of a captain and a crew member, where God guides but the individual needs to put in the work.
• He emphasizes the importance of putting in the hours and staying committed.

Aspiring to Become a Billionaire

• Luke Belmar's plan to become a billionaire is to build the largest decentralized entrepreneurial network in the world called Capital Club.
• The goal is to have a million entrepreneurs from all over the world focused on creating, multiplying, and preserving wealth and opportunity for all members.
• He believes in the power of community and collaboration to solve problems together.
• He wants to change the mindset that solving problems alone is the only way to succeed.
• His focus is on building value and making an impact, rather than solely chasing money.

Conclusion

• Luke Belmar and the interviewer express their love for each other and their shared aspirations for a life of freedom, impact, and change.
• They plan to ride down to the bottom together, symbolizing their journey towards success.

What Luke Belmar wants people to remember him for

• Luke Belmar doesn't care if people remember him, he just wants them to have a good life.
• He wants people to make good decisions and be successful in their own lives.
• Belmar believes in helping others on their journey to success.
• He appreciates the support and motivation from his audience.
• Belmar acknowledges that there are few people who can match his drive and determination.
• He encourages viewers to subscribe, like, and leave comments to support his work.

Watch the video on YouTube:
How Luke Belmar Made $42 Million In His 20s - YouTube