Neil Patel's 10 Business Tips for Building a Multi Million Dollar Company (2018) - Best Webhosting

ULTRAFAST, CHEAP, SCALABLE AND RELIABLE! WE STRONGLY RECOMMEND ACCU WEB HOSTING COMPANY

Watch Neil Patel Video: Neil Patel's 10 Business Tips for Building a Multi Million Dollar Company (2018).
Are you trying to start a business? Here are my 10 most important business tips you can use to start building a multi-million dollar company. •Subscribe here to learn more about my secret business tips: https://goo.gl/ScRTwc
Find me on Facebook: https://www.facebook.com/neilkpatel/
Read more on my blog: https://neilpatel.com/blog

Summary of Video

I'm going to share with you all my tips for creating a multi-million dollar business. The cool part about these days is, there's the internet, and with the internet, you can do exceptionally well with very little money.

Neil Patel Business Tip: Focus
You probably have tons of ideas. If you do all of these ideas, you're not going to do well.

There's not enough time in the day to run one business, yet do 20 of them.

You're not an Elon Musk; I'm not an Elon Musk.

He can run two businesses at the same time; SpaceX and Tesla, they're worth both billions of dollars.

Most people can't do that, so focus on one idea. You probably have five or 10 or 11 different ideas that you want to go after, but pick one.

Pick the one that you're the most passionate about and pick the one that you have the most knowledge about.

Neil Patel Business Tip: Do what you know best
Malcolm Gladwell wrote a book that breaks down what makes experts and he talked about the ten thousand hour rule. People who spend ten thousand hours on one thing tend to be good at that. And you know what's crazy? That's a lot of hours.

Do you want to spend ten thousand hours on three or four different things?

Neil Patel Business Tip: Increase your prices

Everyone always talks about producing stuff at five bucks, ten bucks, 50 bucks, 100 bucks. You can't become a multi-millionaire selling things for dirt cheap. Sure, Walmart and Amazon and Target and all these guys do it, but it's much harder to make money or a living doing that than it is selling one or two people something for 10, 20 grand a month.

Go for bigger ticket items than smaller ticket items. Most of the successful people that I know, yes they're not the richest people in the world, they're not as rich as Jeff Bezos, but they made most their money selling people expensive products or services.

Neil Patel Business Tip: Time is money, move fast

I don't care if you think you're blazing fast and you're the fastest person out there, and you're a track star in high school or college. There's a little kid whose going to beat you. The question is just when.

So move as fast as possible, and if you think you're moving fast, well you know what? Look at what you're doing and try to figure out how to even move faster.

Neil Patel Business Tip:#5: Network

You can't do everything on your own.

You need connections; you need other people who can buy and sell your product.

Neil Patel Business Tip: Make sure you look for people to hire within your company

It's not just you who is building a multi-million dollar business it's the people within your organization.

It takes a team to create a big company.

Neil Patel Business Tip: Focus on every single dollar that you are spending

Every company goes up and down so count every little dollar you spend and look at it, do you need to be spending that money?

I'm not saying you should be cheap; I'm saying you should be cautious on how you spend your money and think it through because every dollar you save you'll have more money in the future for those rainy days.

Neil Patel Business Tip: Always add "up sales" and down sales

Follow these tips, and you're going to be off to creating startup a multi-million dollar business. Now if you're struggling or not sure where to start I want you to do one simple thing.

Leave a comment telling me where you're struggling or where you're not sure on what to do next or how to get started and I'll leave a response breaking down what you should do.

Published: Monday, August 12, 2019 8:47 AM
Category: Neil Patel

106 Views

Related Videos

Popular
How to Work with Multi-Million Dollar Companies | Neil Patel

by Best Webhosting Added 4 years ago 104 Views / 0 Likes

Today I’m going to share with you how to work with a multi-million-dollar company. Do you want to work with a multi-million-dollar company? The way you work with them isn’t the way you’re thinking. In this video I’m going to share with you how to get more high paying clients without spending money on ads. __________________________________________ RESOURCES & LINKS: Neil Patel Digital Agency: https://neilpateldigital.com/ “How to Start a Business and
Silicon Valley Growth Hacks to Build Multi-Million Dollar Companies | Neil Patel and Aaron Ross

by Best Webhosting Added 4 years ago 83 Views / 0 Likes

In this special livestream, Neil Patel and Aaron Ross are sharing their top tips, strategies, and stories about how they use sales and marketing to grow companies and generate more revenue for them. What you'll learn: - Growth hacking strategies, tactics, and our top tips that you can use to grow your startup or company. - How to integrate inbound and outbound strategies so you can see more results faster. - How to use marketing and sales to close big
How I Started 4 Multimillion Dollar Businesses By Time I Was 28 | Business Advice from Neil Patel

by Best Webhosting Added 4 years ago 96 Views / 0 Likes

Want to learn how to start an online business? Learn these 5 tips and you too can be successful in business. Subscribe here to learn more of my secret SEO tips: https://www.youtube.com/subscription_center?add_user=neilvkpatel Find me on Facebook: https://www.facebook.com/neilkpatel/ Read more on my blog: https://neilpatel.com/blog I'm old now, I'm 32. But what many of you don't know about me is I built my first multi-million dollar company before I wa
Popular
How To Use Neil Patel SEO For Beginners - 3 Powerful Tips SEO Tips To Rank #1 In Google In 2018

by Best Webhosting Added 4 years ago 111 Views / 0 Likes

Grab Your Free 17-Point WordPress Pre-Launch PDF Checklist: http://vid.io/xqRL How To Use Neil Patel SEO For Beginners - 3 Powerful Tips SEO Tips To Rank #1 In Google In 2018 https://youtu.be/IBL0eC9b7io Join our private Facebook group today! https://www.facebook.com/groups/wplearninglab In this tutorial, I'll review Neil Patel SEO For Beginners - 3 Powerful SEO Tips and show you how to apply them in WordPress and Google Search Console. These are stra
From Party Planning to a Multi-Billion Dollar NYC Real Estate Company

by Best Webhosting Added 3 years ago 33 Views / 0 Likes

Learn how highly successful real estate broker Eric Benaim built an empire from the ground up despite multiple economic crises and the pandemic. Brought to you by GoDaddy. https://www.godaddy.com. With New York City being one of the world’s most expensive and competitive real estate markets, Eric Benaim came sweeping through the area to redefine what it means to be a successful real estate broker. Formerly a party planner in NYC, the 9/11 tragedy put
How to Become a Million-Dollar One-Person Business in 2021 | News & Trends

by Best Webhosting Added 2 years ago 23 Views / 0 Likes

Author of Million-Dollar, One-Person Business reveals common qualities of successful entrepreneurs and how others can achieve this level of success. Watch more Small Business News & Trends videos: https://bit.ly/3kdmyxL 0:00 Who is author Elaine Pofeldt? 0:28 Hiring contractors to build your million-dollar, one-person business 1:01 The importance of automation for business growth 1:27 Using email marketing and automation for customer success 1:53 Maki
Behind the Scenes - The Simple Equipment Behind a Million Dollar Online Business

by Best Webhosting Added 4 years ago 95 Views / 0 Likes

It doesn't take a big production budget to build a successful online business! Learn every tool you'll need to start and grow your video-focused online business on a budget: (in order of appearance) Microphone: https://incomemesh.com/at2100 Shock Mount: https://incomemesh.com/shockmount Webcam: https://incomemesh.com/webcam Ring Light: https://incomemesh.com/ringlight Keyboard: https://incomemesh.com/keyboard Mouse: https://incomemesh.com/mouse Monito
Popular
GoDaddy.UK Presents - Paula Turned Her Passion into a Million Dollar Business

by Best Webhosting Added 4 years ago 109 Views / 0 Likes

Paula sells designer fashions online with a website she built using Quick Shopping Cart from GoDaddy. It was easy, affordable and she did all by herself. Leah and Dana are also successful business owners who rely on their website to gain more exposure and find more customers. Get your website started today at http://uk.godaddy.com/hosting/website-builder.aspx?utm_campaign=international&utm_source=yt&utm_medium=social - It's go time. Music by RAC, "Let
Popular
How to Start a Business and Grow it to a Billion Dollar Company

by Best Webhosting Added 4 years ago 107 Views / 0 Likes

So you want to learn how to start a business...but not just any business, a BILLION DOLLAR business. Follow these steps and it just might be possible. Subscribe here to learn more of my secret SEO tips: https://www.youtube.com/subscription_center?add_user=neilvkpatel Find me on Facebook: https://www.facebook.com/neilkpatel/ Read more on my blog: https://neilpatel.com/blog It's not about how hard you're working, or how smart people you have on your tea
How to Leverage Facebook Groups for Building an Email List | Neil Patel

by Best Webhosting Added 4 years ago 96 Views / 0 Likes

In this video I'm going to share with you how to leverage Facebook groups to build an email list. Have you heard the saying that the money is in the list? It is. The bigger your email list, the more money you're gonna make. Whether you’re trying to sell information or physical products, email sign-ups can bring incredible results. But how do you build that email list? Today, I'll share one of the most creative ways to get more email subscribers from F
Popular
BUSINESS MOTIVATION: How to Stay Focused & Grow Your Business | Behind The Scenes With Neil Patel

by Best Webhosting Added 4 years ago 120 Views / 0 Likes

Do you struggle to stay motivated when growing your business? Watch this behind the scene video to learn more about what keeps me motivated. Subscribe here to watch more of my business motivational videos: https://www.youtube.com/subscription_center?add_user=neilvkpatel Find me on Facebook: https://www.facebook.com/neilkpatel/ Read more on my blog: https://neilpatel.com/blog Summary of the video. What motivates you? 0:04 Why Success isn't easy and how
How to Do SEO For A Tiny Site With No Backlinks | Neil Patel SEO Tips

by Best Webhosting Added 4 years ago 92 Views / 0 Likes

Backlinks, content, people who have both of them do well when it comes to SEO. Websites who don't have either of them tend not to do well. But does that mean SEO is helpless if you have a tiny website with no backlinks? Today I'm going to share with you how you can do SEO for a tiny website that has no backlinks.