1. BLUF
2. Career Day I recently spent the morning at our local elementary school career fair. Signing up, my goal was to support my kids & their school. Shortly after I realized… “How in the world am I going to explain strategy to a group of 6-year-olds?” I wanted to make it real but didn’t have a lab coat or uniform to help them visualize this career. And then I had it… We were going to launch, scale, and grow a lemonade stand. The kids were thrilled to start their own business. We discussed the basics -
To maintain order, I brought a bag of lemons. Two rules: 1) You could only talk if you held a lemon in your hand. 2) Be gentle - no pegging people with lemons. We talked about how they wanted to price the lemonade, the cost of ingredients, where we would source our lemons, and even buying a juicer to make production easier. Ideas came quickly… ✅ “Let’s buy a new ice cream machine for the cafeteria!” ✅ “Ingredients cost $1/cup so let’s price it at $2!” ✅“I’ll make a flyer to spread the word!” The group decided to make signs to market their lemonade stand. We talked about potential competitors and defining what sets their lemonade apart. Oh, and we ended with a round of lemonade for all… 3. Lessons from The Lemonade Stand We make strategy harder than it has to be. At its core, strategy means: We will explore each of the 5 elements through the lens of the lemonade stand in the coming weeks. 4. Application So, what does it look like for your business?
To your success, ~Susan
P.S. - If you'd like to partner, just reply & let me know how I can help you or a friend. Want to help a friend? Pass this on! Got this from a friend? Subscribe here. |
8116 Arlington Blvd, Suite 242, Falls Church, Va 22042 |
Sign up for my newsletter Strategy Made Simple to learn tools to drive revenue, engagement, and impact. To your strategic success!
What's Inside... 8 Strategies to Stay Secure Schedule Your Fall Retreat Ways to Work Together 1. 8 Strategies to Stay Secure Cybersecurity, sigh. Yet another thing to add to our plates as entrepreneurs & business owners. As if HR, operations, technology, marketing, sales, and finance weren’t enough. But, as the regional AWS outage last week made painfully obvious, we are all data companies. From email to payment systems, CRMs, websites, and more... So as we celebrate Cybersecurity Awareness...
What's Inside... Capture Real-Time Feedback Schedule Your Fall Retreat Ways to Work Together 1. Capture Real-Time Feedback Do I enjoy rising each day at o'dark thirty? NO. Do I love completing my workouts before breakfast? YES. I know that if I don't prioritize workouts they likely won't happen. Even with the best of intentions. And I know that a post-workout dashboard will hold me accountable. There's no hiding from the numbers... The real-time feedback is there - distance, time, avg pace,...
What's Inside... Create Dynamic Dashboards Schedule Your Fall Retreat Ways to Work Together 1. Create Dynamic Dashboards How did we do this year? What's still needed? As we usher in fall & the start of Q4, hopefully these answers are clear. If you aren't reviewing a Dynamic Dashboard - at least quarterly - invest the time now to create a STRUCTURED & VISUAL view of your business. Dynamic Dashboards help your company: Track progress: What gets measured gets done. It's important to set clear...