What Lynette Sutton knows about business, community, and helping kids with financial literacy
Once upon a time Lynette Sutton, armed with a reproductive biology degree from Johns Hopkins, was studying disease in sub-Saharan Africa.
Today, she’s the founder and managing partner of Girl Concrete, a Philadelphia-based concrete contractor that has $20 million a year in revenue and is making a huge community impact. She's also the author of a forthcoming book about financial literacy for young people.
How did all that happen? Sutton explains it on the the latest episode of SI’s Executive Session podcast.
* Sutton describes her path from a master’s degree in reproductive biology to home renovation, real estate, and construction.
* In a male-dominated industry, the company built credibility by putting its own crews on projects and letting completed jobs serve as references.
* Sutton sees community impact as part of the work itself: local people should have the chance to work on and benefit from the region’s growth.
* Girl Concrete partners with Hopeworks in Camden and Kensington to support young people’s training in street mapping and construction.
* Sutton’s forthcoming book, Concrete Wealth: The Next Generation’s Guide to Financial Strength, uses construction metaphors to explain money foundations, saving, investing, budgeting, credit, cash flow, and entrepreneurship.
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