In this brand new video, I'm going to teach you how
to make money online in the 21st century.
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Read more on my blog: https://neilpatel.com/blog
Do you know how people made millions of dollars back in my parents' days?
They did things like own land, own banks, own factories, but these days there's something called the internet. There are many more ways to make money online now.
With the internet, you have the opportunity to make millions of dollars without investing a ton of cash or being well-connected or being born of privilege.
Hey everyone, I'm Neil Patel, and today I'm going to share with you seven secrets that will help you become a millionaire in the internet age.
#1: Focus
A lot of people, especially the younger generation, they want to do everything.
There's not enough time in the day to do 20 different businesses. Yes, you may have 20 different ideas, but PICK ONE! They once asked Warren Buffet and Bill Gates what's the one key to your success, and do you know what they both said?
They wrote it down on a piece of paper, and in their own words, they said focus.
So if those guys made their wealth, billions and billions of dollars, focusing, that means that you should too.
You're not an Elon Musk. You can't do multiple companies at the same time. He's an anomaly.
#2: Solve a vital problem
You don't make wealth by just saying, "Hmm, today I want to make money." The world doesn't work that way. You have to help other people.
You have to solve a problem.
If you're not solving a problem, then why are people going to give you money?
#3: Once you're solving a problem, your solution needs to be easy to use or affordable
It has to be one or, the other. If it's hard to use and it's expensive, who's going to do it?
No one.
Everyone's lazy these days.
Don't believe me? Just check out your phone.
You use Uber because you don't want to drive. You use Postmates and UberEats because you don't want to go out of your house to get food.
Everyone is looking for convenience these days, so your solution needs to be easy to use, or affordable.
If not, ideally, both.
#4: Learn from your mistakes
#5 Execute fast
If you want to move at turtle speed, well, you're going to get trampled all over and killed.
Speed and execution are preferred over perfection. So move as fast as possible. If you're moving fast, and you're happy with your progress, think again.
You could be moving faster, and some kid who's 15 years old, is probably moving faster than you.
#6: Read
There's so much knowledge out there; you don't need to go to MIT, Harvard, or Stanford to get all the knowledge in the world.
You can just go to the internet.
Learn from other entrepreneurs.
#7 Learn from your competitors
Whoever your competitors may be, go on the web and search for articles and interviews of the founder of that company.
What you'll find is in those interviews, these founders-- And I don't know why they're doing this.
They're revealing all their numbers, their stats, their mistakes, and the secrets that help them grow these large companies.
When you learn and listen to these podcasts and these interviews, you can take what they've done that was successful for them, and replicate that into your own business.
Now I want you to comment below on what business you're going to start right now, and how you're going to use these seven secrets to explode and grow your entrepreneurial career.
Subscribe here to learn more of my secret SEO tips: Subscribe here to learn more of my secret SEO tips: https://www.youtube.com/channel/UCEOZgj57xoJ3-Ud0MgehVXw
Find me on Facebook: https://www.facebook.com/besteducationpage2/
Read more on my blog: https://neilpatel.com/blog
Do you know how people made millions of dollars back in my parents' days?
They did things like own land, own banks, own factories, but these days there's something called the internet. There are many more ways to make money online now.
With the internet, you have the opportunity to make millions of dollars without investing a ton of cash or being well-connected or being born of privilege.
Hey everyone, I'm Neil Patel, and today I'm going to share with you seven secrets that will help you become a millionaire in the internet age.
#1: Focus
A lot of people, especially the younger generation, they want to do everything.
There's not enough time in the day to do 20 different businesses. Yes, you may have 20 different ideas, but PICK ONE! They once asked Warren Buffet and Bill Gates what's the one key to your success, and do you know what they both said?
They wrote it down on a piece of paper, and in their own words, they said focus.
So if those guys made their wealth, billions and billions of dollars, focusing, that means that you should too.
You're not an Elon Musk. You can't do multiple companies at the same time. He's an anomaly.
#2: Solve a vital problem
You don't make wealth by just saying, "Hmm, today I want to make money." The world doesn't work that way. You have to help other people.
You have to solve a problem.
If you're not solving a problem, then why are people going to give you money?
#3: Once you're solving a problem, your solution needs to be easy to use or affordable
It has to be one or, the other. If it's hard to use and it's expensive, who's going to do it?
No one.
Everyone's lazy these days.
Don't believe me? Just check out your phone.
You use Uber because you don't want to drive. You use Postmates and UberEats because you don't want to go out of your house to get food.
Everyone is looking for convenience these days, so your solution needs to be easy to use, or affordable.
If not, ideally, both.
#4: Learn from your mistakes
#5 Execute fast
If you want to move at turtle speed, well, you're going to get trampled all over and killed.
Speed and execution are preferred over perfection. So move as fast as possible. If you're moving fast, and you're happy with your progress, think again.
You could be moving faster, and some kid who's 15 years old, is probably moving faster than you.
#6: Read
There's so much knowledge out there; you don't need to go to MIT, Harvard, or Stanford to get all the knowledge in the world.
You can just go to the internet.
Learn from other entrepreneurs.
#7 Learn from your competitors
Whoever your competitors may be, go on the web and search for articles and interviews of the founder of that company.
What you'll find is in those interviews, these founders-- And I don't know why they're doing this.
They're revealing all their numbers, their stats, their mistakes, and the secrets that help them grow these large companies.
When you learn and listen to these podcasts and these interviews, you can take what they've done that was successful for them, and replicate that into your own business.
Now I want you to comment below on what business you're going to start right now, and how you're going to use these seven secrets to explode and grow your entrepreneurial career.
do you know how people made millions of
dollars back in my parents days they did
things like owned land owned banks owned
factories but these days there's
something called the internet and with
the internet you have the opportunity to
make millions of dollars without
investing a ton of cash or being
well-connected or being born of
privilege hi everyone i'm neil patel and
today i'm gonna share with you seven
secrets that will help you become a
millionaire in the internet age do you
know how I started my career I started
my career by picking up trash and
cleaning restrooms my parents didn't
have a ton of money and no I didn't grow
up dirt poor I grew up in middle-class
America so I didn't really struggle that
hard but I had a normal job like most
people out there but if you look at me
today I've done extremely well can I do
a lot better of course who can but you
know why it's because of the internet I
didn't have much money when I was
starting here I don't have tons of loans
or big house or anything like that and I
was still able to do well because the
internet and these seven secrets number
one focus a lot of people especially the
younger generation they want to do
everything there's not enough time in
the day to do 20 different businesses
yes you may have 20 different ideas but
pick one of them you know they once
asked Warren Buffett and Bill Gates
what's the one key to your success and
you know what they both said they wrote
it down on a piece of paper and in their
own words they said focus so those guys
made their wealth billions and billions
of dollars focusing that means that you
should - you're not a Elon Musk you
can't do multiple companies at the same
time he's an anomaly most people can't
do what he's doing so focus the second
thing I have for you is solve a problem
you don't make wealth by just saying hmm
today I want to make money the world
doesn't work that way you have to help
other people yet to solve a problem if
you're not solving a problem then why
are people gonna give you money and this
gets into my third secret which is once
you're solving a problem your solution
needs to be easy to use or affordable
has to be one or the other if it's hard
to use then it's expensive who's gonna
do it
no one everyone's lazy these days don't
believe me just check out your phone use
it uber because you don't want to drive
use posts mates in uber eats because you
don't want to go out of your house to go
get food everyone is looking for
convenience these days so your solution
needs to be easy to use or affordable if
not ideally both the for tip that I have
for you is learn from your mistakes in
the internet world you can make a lot of
mistakes everyone does it's not as
simple as just creating a brick and
mortar business in which there's someone
who can guide you and be like here's how
you set up a McDonald's franchise copy
this formula and you'll do well with the
internet things change at a really rapid
pace which means you're gonna make a lot
of mistakes and that's ok everyone makes
mistakes if you didn't make mistakes
something's wrong with you and let me
know what you're doing because I want to
be doing that and when you're making
these mistakes follow along keep track
of them and avoid making them over and
over again because you know what if you
make 20 mistakes and you learn from each
of them and you avoid making them over
and over again what's gonna happen after
3 or 4 years eventually you'll know what
not to do it's hard to be like you're
gonna become a millionaire right away
but if you avoid doing the wrong things
you'll eventually do the right things
give this video a like if you want me to
create a video with my biggest business
mistakes the fifth secret I have for you
is execute fast if you want to move that
turtle speed well you're gonna get
trampled all over and killed speed and
execution is preferred over perfection
so move as fast as possible if you're
moving really fast and you're happy with
your progress think again you could be
moving faster and some Kate who is 15
years old is probably moving faster than
you the 6 secret I have for you is read
there's so much knowledge out there you
don't need to go to MIT Harvard or
Stanford to get all the knowledge in the
world you can just go to the Internet
learn from other entrepreneurs read
blogs subscribe to podcasts on iTunes do
whatever you can to learn more
check out books and stories online of
other CEOs in your space and see what
mistakes they're making the seventh
secret I have for you is that you have
competitors and I know what you're
thinking what the heck how's that a
secret well no matter if you're
innovative or your new business like
uber your revolutionising the taxi
business they still had a competitor
it was taxi cabs so whatever your
competitors maybe go on the web and
search for articles and interviews of
the founder of that company and what
you'll find is in those interviews these
founders and I don't know why they're
doing this they're revealing all their
numbers their stats their mistakes and
the secrets that helped them grow these
enormous companies and when you learn
and listen to these podcasts and these
interviews you can take what they've
done that was successful for them and
replicate that into your own business
follow those seven secrets and you too
can do really well on the internet and
be successful and make millions of
dollars now I want you to comment below
with what business you're gonna start
right now and how you're gonna use these
seven secrets to explode and grow your
entrepreneurial career and if you liked
this video don't forget to subscribe
because I'm gonna help you throughout
your whole journey as an entrepreneur or
an entrepreneur if you're working at a
company you're looking to grow within
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