10 Business Tips for Building a Multimillion-Dollar Company Here's what you need to know if you want to start a business.

By Neil Patel Edited by Dan Bova

Opinions expressed by Entrepreneur contributors are their own.

Entrepreneur Network

Are you trying to start a business? In this video, Entrepreneur Network partner Neil Patel gives his 10 most important business tips you can use to start building a multimillion-dollar company. Patel says it's easier than ever to start a multimillion-dollar business -- or, at the very least, it's more accessible. You don't need a bunch of real estate or equipment. Often, all you need is a cheap website domain and a big idea.

Patel's first tip is all about that big idea. Specifically, he says you need to focus on that idea. Don't get distracted by a bunch of different businesses that might be successes. Instead, do everything you can to make your one business a success, and that will eventually open other doors for you.

Click play to learn the rest of Patel's tips and start building your million-dollar business.

Related: The 4 Things You Have to Do to Become Famous on Social Media

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Neil Patel

Co-founder of NP Digital

Neil Patel is the co-founder of NP Digital. The Wall Street Journal calls him a top influencer on the web, Forbes says he is one of the top 10 marketers, and Entrepreneur Magazine says he created one of the 100 most brilliant companies. Neil is a New York Times bestselling author and was recognized as a top 100 entrepreneur under the age of 30 by President Obama and a top 100 entrepreneur under the age of 35 by the United Nations.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

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