42: Strategic Planning and Business Operations – with Jean Steinke, the Founder of LoftySpot

LoftySpot helps community centric organizations find new ways to leverage their underutilized space and earn revenue with an easy to use software platform. They believe places of worship, libraries and community centers are natural locations to gather for work, meetings or events.

The team at LoftySpot knows only too well the pressures of maintaining a tight budget and securing enough revenue to support the work of our communities. LoftySpot engages with organizations around the country who are battling with a declining revenue stream; one not always balanced with a reduction in demand for their services.

LoftySpot’s platform allows communities to market their space to potential guests and easily manage the availability, booking and billing process while reducing the administrative burden. Typical reservation income results in a return on investment in less than two bookings per month.

LoftySpot was born by combining a career in business development with a strong desire to help community centric organizations become more effective. Visit LoftySpot.com to find more about our movement.

On today’s episode we will:

• Get to know Jean and hear more about LoftySpot
• Discuss how to design and implement strategic planning initiatives in your business planning
initiatives
• How altruism and capitalism can combine to supercharge your business

On today’s episode, you’ll learn about:

• How LoftySpot is helping community centric organizations find new ways to leverage their
underutilized space and earn revenue with an easy to use software platform
• How to develop your app idea, if you are not “technically inclined or literate,” but have a great
idea
• How to create a platform that may not be “feature rich,” but is “bug-free”
• Why a business mapping process is crucial to ensure your business plan is solid
• Why minimum viable products are critical for your app’s success
• How to find your early adopters
• How to “interview” individuals who have experience in your field to increase your knowledge
base for your company’s strategic planning
• The 3 best practices for making strategic planning
• The 3 pitfalls to avoid when preparing your strategic plan
• Why strategic planning is largely based on emotional intelligence
• Why building a community around your app or business is critical to future growth and
success
• How to conduct market research to support your strategic planning initiatives
• Why planning out your scope is a critical initial step to building your strategic plan
• How altruism and capitalism can combine to supercharge your business
• And so much more!

After you’ve listened to the episode, make sure you visit LoftySpot’s website (www.loftyspot.com) to get more information, or check out their platform for hosting your next event.

Then go to www.SelfMadeStrategies.com for more information about our show, exclusive content and to contact the Self Made Strategies hosts.

Make sure you subscribe to the Self Made Strategies Podcast on your favorite podcasting platform. You can find us on: Apple Podcasts, Google Podcasts, iHeartRadio, and Spreaker.

You can also connect with us on:
https://www.facebook.com/selfmadestrategies/
https://twitter.com/SelfMadeStratGs
https://www.instagram.com/selfmadestrategies/
https://www.linkedin.com/company/self-made-strategies/