The Three Unseen Laws of Entrepreneurship | Neil Patel

The Three Unseen Laws of Entrepreneurship / Most entrepreneurs fail and they say it's because of capital, but I don't believe that because even if you don't have money, with the web you can do well. Entrepreneurship is all about solving problems, it’s not just about making money. Today, I'm going to go over the unseen laws that'll help you succeed as an entrepreneur. RESOURCES & LINKS: ____________________________________________ 7 Things to Do Before Becoming an Entrepreneur (video): https://youtu.be/N6V7gXaz_io How to STAND OUT on Social Media as a New Entrepreneur | Grow Your Brand with Social Media Marketing (video): https://youtu.be7CYQTg4_zQo 30 Ways to Become a More Successful Entrepreneur (article): https://neilpatel.com/blog/become-successful-entrepreneur/ ____________________________________________ Unseen Law #1: You don't make money because you wanna make money, you make money by solving problems. When I was a kid, I wanted to be an entrepreneur because I wanted to be rich. And you know what, I didn't do well because I wanted to be rich. I started to do well, though, when I started solving people's problems. People will pay for solutions. They don't pay you because you wanna be rich. Doesn't matter if you create a product or service. Whatever you do, if your solution doesn't solve people's problems better than the competition's, it's not ideally more affordable or easier to use or gives the results better, people will not pay for your products or service. It's all about solving people's problems, it's not about making money. Unseen Law #2: It's harder to make money than it is to save it. As an entrepreneur, you will have to spend money to make money, but you need to be careful. I'm not saying don't double down on your business. I'm saying you don't need that BMW, that Mercedes. You don't need a Netflix account, an Amazon Prime account. You don't need an extra T-Mobile bill. You don't need to be paying for all these apps on the App Sto