Entrepreneur Plus - Short White
For Subscribers

6 Secrets Millionaires Know That You Don't曾经我们nder what it takes to build a million-dollar business? Get the scoop on how successful entrepreneurs do it, and you may soon be one of them.

ByVickie L. Milazzo

Opinions expressed by Entrepreneur contributors are their own.

Many new business owners look at successful entrepreneurs and envy their million-dollar lifestyles and accomplishments. "If only I knew their secrets," they think. "Why isn't my business as profitable or growing as fast?" The secret is simple: It's not hard work or long hours; it's acting like a CEO, no matter what the size of your enterprise.

CEOs expect a payoff for every venture. Millionaire entrepreneurs focus on the business practices that create the biggest results. When you choose how to invest your time, money and resources, you should ask "What's the payoff?" Once you make that investment, if the return is insufficient, find a way to make that project profitable, or ditch it.

Continue reading this article — and all of our other premium content with Entrepreneur+

Join the internet’s leading entrepreneur community! With your subscription you’ll get:

  • Unlimited access, including premium content
  • No ads
  • Subscription to狗万官方magazine
  • Four free e-books a year
  • Subscriber-only events with our experts

Editor's Pick

Related Topics

Business News

Netflix is Hiring an AI-Focused Role—and the Starting Salary is up to $900,000

The streaming giant is looking for a leader in its machine learning department.

Science & Technology

This Is the New ChatGPT Trend That Will Enhance Your Business

ChatGPT plugins are becoming the new cool trend among entrepreneurs to enhance their businesses and engage more customers. Here are some insights into how they're impacting business enterprises, along with some potential risks that may accompany the benefits.

Living

How to Start a 'Million Dollar' Morning Routine

Restructure your morning with a few simple steps that may help to amplify your energy.

Business News

McDonald's Is Launching a Spinoff Restaurant Chain Based on a Beloved, Blast-From-the-Past Mascot

The company saw a lot of success with another former mascot, Grimace, in June.