7 Secrets to Making Millions of Dollars Online | 21st Century Wealth Secrets Revealed!

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. 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. (lighthearted music) 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. 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’t? But you know why? It’s because of the internet. I didn’t have much money
when I was starting either. I didn’t have tons of loans or a 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 of of them. You know, 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. 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. You have to solve a problem. If you’re not solving a problem, then why are people going to give you money? This gets into my third secret, which is 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 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 fourth 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 going
to make a lot of mistakes. That’s okay. 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. 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 going to happen
after three or four years? Eventually, you’ll know what not to do. It’s hard to be like, “You’re going to 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 at turtle speed, well, you’re going to 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 kid who’s 15 years old, if probably
moving faster than you. The sixth 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. Even 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. I know what you’re thinking. “What the heck? “How is that a secret?” Well, no matter if you’re innovative, or you’re in a new business like Uber and you’re revolutionizing
the taxi business, they still had a competitor. It was taxicabs. So, whatever 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 enormous 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. 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
going to start right now, and how you’re going to
use these seven secrets to explode and grow your
entrepreneurial career. If you liked this video,
don’t forget to subscribe, because I’m going to help you throughout your whole journey as an entrepreneur, or an intrepreneur, if
you’re working at a company and you’re looking to grow within.

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