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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.

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

Entrepreneur and Online Marketing Expert

Neil Patel is co-founder of Crazy EggHello Bar and KISSmetrics. He helps companies like Amazon, NBC, GM, HP and Viacom grow their revenue. 

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

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