Ending Soon! Save 33% on All Access

Entrepreneur Insider Video of the Week: Massively Scaling Up Your Business -- Without Massively Scaling Up Your Team Watch this free Entrepreneur Insider session with expert business advisor Daniel Priestley, who cautions against being too quick to make new hires.

By Daniel Priestley

Opinions expressed by Entrepreneur contributors are their own.

If you want to scale your business, but are encountering blocks, you might be tempted to hire more team members and pay more in salaries. Anything that causes stress or a bottleneck in your business can be linked to an asset deficiency, and if you want more revenue, profit and scale, you'd be better served developing an ecosystem of valuable digital assets. But what is a "business asset"?

In this Entrepreneur Insider session, expert business advisor/bestselling author/Dent Global co-founder Daniel Priestley will provide a simple definition of a business asset, and explain how having a great website that would still be driving business tomorrow if you disappeared today is a business asset.

Related: Use Instagram Stories to Build Your Brand

Having assets makes making money a lot easier. Most struggling businesses focus on "sweating assets," but real businesses focus on developing assets first and then sweating them -- and there are 24 types of digital assets that you can start formalizing today to prepare your business for more funding... and more fun. Watch this free session to learn how!

About Entrepreneur Insider:

Entrepreneur Insider is a community created by the editors of Entrepreneur magazine, which is dedicated to helping its members grow their businesses and achieve their goals. We'll do that by connecting you with the smartest entrepreneurs and experts, providing access to critical resources and creating a network of peers that can help you stay on track.
Daniel Priestley

CEO, Dent Global

Daniel Priestley is the author of four best-selling entrepreneurship books. He's the co-founder of Dent Global, a leading business accelerator and marketing tech platformScoreApp.

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

More from Entrepreneur Exclusives

3 Simple Ways to Boost E-Commerce Sales

Why Your First 1,000 Customers Are Your Most Important

How to Grow Your Business By Finding New Customers

3 Stress-Busting Relaxation Exercises You Can Do Anywhere (60-Second Video)

Business News

TikTok Reportedly Laid Off a 'Large Percentage' of Employees as the App's Fate in the U.S. Remains Unclear

Laid-off TikTok employees were notified Wednesday night through Thursday morning.

Personal Finance

This Investment Bundle Includes a Trading Course and Stock Screener Tool for $150

Approach the stock market with an increased understanding.

Business News

Four Seasons Orlando Responds to Viral TikTok: 'There's Something Here For All Ages'

The video has amassed over 45.4 million views on TikTok.

Growing a Business

5 Strategies to Know As You Scale Your Business

Scaling a service-based company requires a comprehensive approach that goes beyond simply increasing revenue. It requires careful planning, strategic decision-making and a deep understanding of market dynamics.

Growing a Business

The Right Way to Ask Someone for a Million Dollars, According to a Fundraiser Who Does It For a Living

No matter what you're raising money for, Wanda Urbanskia says, the same basic rules apply.