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... Vision 2035 Translating Vision into Action Ways to Work Together 1. Vision 2035 Recently, I've partnered with several clients to help them create Bold Goals. These Bold Goals define the future they want to create by 2035. Some ideas we've talked out in our strategy sessions include: Creating an AI-native organization Achieving regional or national impact Changing lives Creating new service lines Transforming revenue models Increasing profit Expanding teams Establishing new...
What's Inside... Your Strategic No Love/Neutral/Can't Stand Ways to Work Together 1. Your Strategic No The power to choose is a gift. In business, as in life, a Strategic No unleashes the power of YES. It may look like: Yes, I will lead a Scout Troop. No, I will not serve on the PTA. Yes, I will focus on professional services businesses and non-profits navigating the challenges of growth. No, I will not try to serve everyone. What’s your company's Strategic No? Define your vision of success &...
What's Inside... Why Cash Flow is Critical to Strategy 4 Strategies to Boost Cash Flow Ways to Work Together 1. Why Cash Flow is Critical to Strategy A growing professional services company recently charted their 3-year strategy. As part of our engagement, I reviewed their P&L over the last 5 years. We reviewed data & graphs showing – Revenue by year Expenses by year Net income by year Net profit margin by year Annual revenue by business line by year and more... The analysis revealed – Paying...