Stand with your feet hip-distance apart with a dumbbell in each hand. Hold the weights slightly in front of your legs, with your palms facing your body. Hinge forward at the hips with a straight back.
Bracing your core and keeping your back flat, squeeze your glutes to stand back up. As you reach the top of your stance, pull the dumbbells up to shoulder-height, bending your elbows out to the sides. (This is called a high-pull — see an example with a kettlebell here.)
Take a big step to your left, pushing your hips back and butt down to lower into a lateral lunge. Aim to get your left thigh parallel to the floor. At the same time, bring the weights down by your feet, as shown.
Stand back up, bringing your left foot to hip-distance. Repeat the same movement on the right side.
Complete 10 reps total, making sure to alternate sides.