10 lessons from running two seven-figure businesses
Anaita lists ten hard-earned lessons from building two seven-figure businesses, spanning financial discipline, who you work with, and mindset around growth. The core message is to prove demand first, manage money carefully, protect your reputation, and diversify income rather than chase revenue alone.
The lessons
Do the work before you talk about it publicly.
Never expect help from friends or family; build the business on your own merit.
Keep separate bank accounts for bills, marketing, operating expenses, and tax, and fund them weekly.
Validate demand for your product before spending any money on it.
Focus on profit and wealth, not vanity revenue or flashy purchases.
Questions people ask
What's the biggest mistake to avoid before launching a product?
Don't spend a cent until you've confirmed there's real demand for your product or service. A good product with no demand is worthless, so validate first.
How should I manage money in my business?
Set up multiple bank accounts labeled bills, marketing, operating expenses, and tax, and put money into them every week. Always pay your credit card on time and avoid being in debt to anyone, even for small amounts.
Transcript
Here are the 10 lessons I've learned running two seven-figure businesses. Number one, do the work before talking about it. Number two, don't expect anything from friends or family. Build the business on your own merit.
Number three, always pay back your credit card on time. Number four, never be in debt to anyone, even if it's for the smallest thing. Number five, not everyone in business is nice. Be cautious and picky about who you deal with.
Number six, have multiple bank accounts and call them bills, marketing, operating expenses, and tax, and put money into them every single week. Number seven, ensure there is demand for your product or service before spending a cent. A good product is nothing without demand. Number eight, focus on profit and wealth, never on revenue and flashy purchases.
Number nine, one stream of income will never be enough. Work towards getting as many streams of income as possible. And number 10, you don't need to be the best at what you do, you just need to be the best to work with, because reputation is everything.
