Sam Stoffel, the entrepreneur behind several initiatives, has shown that birth circumstances do not define one’s destiny. Raised by a single mother who worked as a cleaner and nanny, Stoffel experienced economic hardship firsthand in his youth.
A phrase he heard from his mother—that “some people have money and some don’t, and that’s just the way the world is, and there’s nothing you can do about it”—left a deep impression due to the injustice he felt. This initial perspective, suggesting an unbreakable limitation, would drive his relentless pursuit of self-determination and financial freedom.
Sam’s primary business focuses on educating and empowering future entrepreneurs. Additionally, he is developing SubSpot.io, a platform designed to enable anyone to launch a subscription-based business, facilitating payment processing, order and customer management, and website hosting. He is also building Co-Work Club, a luxury coworking space for creators and small businesses.
“I am launching a business course that teaches my formula for success and wealth creation, as well as building SubSpot.io and Co-Work Club,” says Sam.
Sam’s motivation to become an entrepreneur stemmed from a profound aversion to trading his time and freedom for a limited salary. He sought total financial freedom and was determined to achieve it, unwilling to work 40 hours a week with little to show.
More recently, Sam’s determination has extended to inspiring others to venture into entrepreneurship, convinced that current educational systems inadequately prepare young people to forge their path, develop resilience, and pursue goals with commitment. His educational content and SubSpot are his tools for simplifying access to the business world for many.
“I hated the idea of having to sell my time and freedom to someone else,” Sam explains.
During his time at university, the need to generate income led Sam to discover matched betting through a friend. Despite its complexity and reliance on spreadsheets, he mastered it, generating £20,000 risk-free while studying.
This experience was a turning point, as Sam realized the limiting belief about money instilled in him as a child was wrong; circumstances can be changed with enough determination.
“Around the age of 17, I started to learn that you can become really good at almost anything with enough dedication,” Sam notes.
The combination of matched betting and internet marketing presented a significant opportunity for Sam. He identified that while people desire easy money, the complexity and lack of awareness about these practices create a barrier.
Sam’s vision was to simplify this process through tutorials and software, democratizing access to matched betting and, in turn, building a successful business.
At 24, Sam launched his company, becoming a millionaire at 25. Over a decade, his business generated $50 million in total sales. Although in 2023 he was on the verge of losing everything, he recovered in 2024 and sold it for $10 million.
Starting a business presents considerable challenges, primarily the vast amount of often contradictory information that must be learned. According to Sam, the challenge lies in discovering the “correct formula” and having the perseverance to apply it.
Many people don’t understand that success is not a matter of luck, but of identifying what works and executing it consistently over time, without ever giving up. Mindset plays a vital role, as the brain tends to seek excuses to quit when things get tough. It is crucial to ignore those messages and persevere, even when the reward is not immediate.
“There is an awful lot to learn and so much conflicting information, so learning the correct formula and having the determination to follow it through,” Sam comments.
Sam’s main advice for those who want to start a business is not to try to be completely original. Instead, he suggests taking something that has already worked and improving a small part of it: the product, the service, the marketing, or any other aspect.
Sam sets himself apart from the competition by sharing his own experiences and focusing on empowering others to achieve success. His approach is not only educational but also inspiring, based on the premise that there is a formula for success and that it is just a matter of following it with determination.
Sam’s journey proves that your past doesn’t define your future. He defied expectations, overcame immense challenges, and built a $50 million business by rejecting the idea of trading time for a limited salary. Now, he’s empowering others to do the same through his new business course, SubSpot.io, and Co-Work Club.
Don’t let limiting beliefs hold you back. Discover Sam’s formula for success and start your path to financial freedom today.
