Diagnosing Your Business with Lauren Goldstein

May 31, 2022

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Lauren is the Founder and CEO of Golden Key Partnership, an award-winning and globally recognized boutique business consulting firm. Regarded as “The Business Doctor'' by her clients, Lauren specializes in helping business owners diagnose the root cause of team and operational challenges. She uses her 4D framework to help CEOs reclaim time and avoid burnout as they scale their businesses. Before founding Golden Key Partnership, Lauren served as a clinical research associate at Children’s Hospital Colorado.

Lauren joins us today to discuss diagnosing businesses and identifying the cause of burnout. She explains why she started her own business after working in the medical field. She differentiates players from worker bees and discusses how hiring more players for your team can help decrease spending and reduce burnout. Lauren also highlights why businesses need to get simpler as they grow and shares her advice on hiring the right team members for maximum impact.

“Think of your business as a body: the operations and teams are the neural network that connects to the spine of your business so all the systems communicate and move together.” - Lauren Goldstein

This week on The Model FA Podcast:

Lauren’s background, career path, and what led her to become “The Business Doctor”
The Diagnostic Deep Dive test and how Lauren works with advisors and businesses
A crucial mistake advisors and business owners make when hiring and expanding their team
The difference between a player and a worker bee
How business owners get burnt out even if they have a team
Why businesses shouldn’t be fully automated
Using the Eisenhower matrix to lessen business burnout

Resources Mentioned:

Book: The Power of TED by David Emerald

Our Favorite Quotes:

“The amount of insight and advice you can receive from books, conferences, and podcasts is amazing. You can test if they work, then implement them to ultimately get paid.” - David DeCelle
“As an entrepreneur, don’t just look for staff members; look for entrepreneurial people who have a strategic mindset.” - David DeCelle
“Get absolute clarity on who you need on your team to fill the gaps. When you have that clarity of the position and how it fits in, you can spend a lot less and get a whole lot more than you ever could.” - Lauren Goldstein

Connect with Lauren Goldstein:

About the Model FA Podcast

The Model FA podcast is a show for fiduciary financial advisors. In each episode, our host David DeCelle sits down with industry experts, strategic thinkers, and advisors to explore what it takes to build a successful practice — and have an abundant life in the process. We believe in continuous learning, tactical advice, and strategies that work — no “gotchas” or BS. Join us to hear stories from successful financial advisors, get actionable ideas from experts, and re-discover your drive to build the practice of your dreams.

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President of Model FA, David DeCelle

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