How to coach your team to become self-reliant, with Lauren Goldstein

Comments? Suggestions? Text the show here! Having a self-reliant team is crucial in growing your business. When your employees can function and thrive under minimal supervision, you can focus on more important areas that will push your business to the next level. But with employees heavily depending on you to guide their every step, you'll have less time and energy to concentrate on higher-level tasks. How can you train your workers to have enough competence and confidence to complete their work independently?In today's episode, our guest Lauren Goldstein and I discuss how you can grow a team that can work independently and effectively.Lauren is the founder and CEO of the award-winning and globally recognized boutique business consulting firm, Golden Key Partnership.  Since 2011, Lauren has been helping business owners achieve true entrepreneurial freedom by optimizing their teams and operations to successfully transition from day-to-day business "operator" into business owner - running their business instead of the other way 'round. We discuss:03:23: What is the main obstacle to having self-reliant team members in your business?06:06  What do you look for to ensure you hire people who can do the big-picture thinking for you? 07:45 Are there specific questions to ask or qualities to look for if you want to recruit players vs worker bees?11:25 Regarding the "Four C's", the first one is Clarity, but what are the other three C's that you want to use in your business?  14:28 What is unrelated work? Can you give us examples, and how do you recognize if someone is doing unrelated work?17:12 How should you coach your team members? Do you take advice from management books and resources? Or do you consider your personality and your unique business needs when building your team?21:29 What is the "Rule of Three"?27:52 What can you realistically do to get your people to the 90% level wherein they can practically just run everything without your involvement?30:19 What are some things you would put on the Scorecard?  31:24 Do you have a Scorecard for a specific person, the company, team members, or all of the above?34:43 What is the realistic next step leaders can take in the next week to develop self-reliant team members? Resources:Lauren Goldstein, Founder, CEO, and The Business Doctor, Golden Key Partnership:https://www.goldenkeypartnership.com/LinkedIn: https://www.linkedin.com/in/laurenegoldsteinFacebook:https://www.facebook.com/GoldenKeyPartnership/Instagram: https://www.instagram.com/gldnkey/Podcast | The Biz Doctor:https://podcasts.apple.com/us/podcast/the-biz-doctor/id1618773779Scorecard: http://www.goldenkeypartnership.com/scorecardBullseye Hiring: https://www.goldenkeypartnership.com/bullseye Kathy Svetina, Fractional CFO:https://www.newcastlefinance.us/Blog post | How to Coach Your Team to Become Self-relianthttps://www.newcastlefinance.us/post/how-to-coach-your-team-to-become-self-reliantIs your growth causing financial headaches? Sales up, but profits lagging? Financial practices stuck in entry level mode?Don't worry, it's not you—it's your financial setup.Introducing NextGen Finance Blueprint by NewCastle Finance. This CFO-led roadmap: • Brings fuzzy finances into focus • Gives you a clear money picture • Creates a step-by-step action planReady to level up? Visit newcastle.finance/blueprint