How a 21-Year-Old Built a $100k/Month Business | Sai Karra

You started your first business when you were 15.

Too many of you added up.

You've been in the game for six years before you could drive.

Yeah.

How much money have you made over those six years?

So the business has made millions of dollars in revenue and I made a good amount of money, but I had a lot of financial mistakes, which I'm happy to dive into early on.

As an example, like I had no idea what a P&L was until I was like 18, 19, which relatively, still pretty young, but being in business for two years and not knowing how much money you're making and losing each month, it's not good.

It's like, is there more in the banking account this week or less in the banking account? There's definitely, yeah,

exactly.

That's literally all I do.

And I didn't have my own personal credit card.

Everything was spent through the business.

I was so oblivious to personal finances.

It's terrible.

Yeah.

But again, I'm so glad that happened because I then was like, okay, I look at the bank account a year later and I'm like, I could have sworn we made a lot more money than this.

It's like, where did it go? And I was like, all right, now we do digging.

We figure out where the money went.

And then I was like, oh, okay, this is what profit means.

This is what top line revenue means.

This is what distributions are.

And so I think through those lessons, I had to really just like master finances in a way.

And I'm not saying I'm like, I'm like the best editor or whatever, but I think I have a way clearer understanding of how it works now.

It's cool.

I like it.