Welcome to another episode of Lone Wolf Unleashed! I’m Mike—your go-to for stripping admin to the bone, giving you more time and less chaos in your one-person business. This week, we’re tackling a game-changer: the “one pager” that could literally save your business—and your sanity.
Get this episode's free download here: https://lonewolfunleashed.com/4p-profile
If you’ve ever struggled to describe your business in a pinch, felt overwhelmed by messy docs scattered everywhere, or just wanted to get all those processes out of your head and into a system that actually frees up your afternoons, this episode is for you. Today, I’ll break down the first step of my 4Ps framework: profiling your business. We’ll get clear on who you serve, what value you deliver, and outline the essential workflows that keep your operation running. I’ll even share a dead-simple template you can grab from my website to map your business on a single page—no corporate jargon, no endless checklists.
Ready to make your solo operation more profitable and less stressful? Grab a coffee, CLICK PLAY and let’s get started on building the clarity and efficiency you deserve.
Mentioned in this episode:
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G'. Day. My name is Mike from Lone Wolf Unleashed, and today I'm going to
Speaker:walk you through the one pager that could save your business and perhaps your
Speaker:sanity as well.
Speaker:Let's kick off by saying that most solo operators can't
Speaker:explain their business clearly in an emergency or rarely at all.
Speaker:I was on a call last week with a lady who runs her own
Speaker:business. She tried to have her business systemized
Speaker:with another local provider and they didn't deliver something that was
Speaker:particularly good, which was disappointing to hear. And the biggest problem that she
Speaker:said to me was, I just don't know where to start. Everything is very
Speaker:overwhelming. I just can't get it out of my head. I don't
Speaker:know where to begin with doing this properly.
Speaker:She was in the middle of doing a contract negotiation for
Speaker:some sort of software that's quite niche to her area,
Speaker:and she just didn't know the types of requirements that she would
Speaker:need to be thinking about as she went into that discussion. Her
Speaker:documents and everything were all in different places and
Speaker:not very well organized, and it was chaos.
Speaker:And I get the feeling that there's a lot of businesses like that out there.
Speaker:So today I'm going to walk you through the first P of my
Speaker:4PS framework, and that is profile. We
Speaker:are going to profile your business. This is the first step to breaking down
Speaker:the complexity of what your business is. Now, if you're a solo
Speaker:operator, your business may not be very complex, and that's okay. But this
Speaker:is a starting point. We're going to get in a helicopter and we're going to
Speaker:fly over your business and we're going to understand what makes
Speaker:your business tick. And it's a starting point for us to be able to break
Speaker:down so we can drill down into different areas of your business to try to
Speaker:get it to perform really well. This is what I've been leading
Speaker:companies through for the last 10 years. We always start really high to
Speaker:get a really sort of good picture about the value that your business delivers.
Speaker:After we do that, we can very specifically target areas in your
Speaker:business that might be quite painful. And in this case for you,
Speaker:ones that drain and become a time
Speaker:sucker. All right? We want to get rid of that monster and we want
Speaker:to turn it into a trained thing that delivers value
Speaker:to you, the business owner. Not just value in
Speaker:terms of money, but value in terms of the time that it allows you to
Speaker:do other things. Okay, Remember that purpose, that purpose
Speaker:that you started your business for. Remember what you told yourself? You told yourself it
Speaker:was going to be for flexibility and for freedom. Okay. Might not be going so
Speaker:well right now. And we want to get there and I'm going to help you
Speaker:do that. So let's get into it
Speaker:profile. I'm going to get into the psychology
Speaker:of why we don't do this. So there's going to be some things
Speaker:here. Documentation's really hard.
Speaker:Documentation takes time. Number one,
Speaker:the it's all in my head delusion. We think that
Speaker:we will remember everything because we built it. Our business
Speaker:feels too simple to document and that's a
Speaker:lie. I'll tell you why. Everything that you have
Speaker:to take effort to remember something is
Speaker:effort that you could be putting into something else.
Speaker:So if you have it documented somewhere, you don't need to think about that. You
Speaker:just know I can go there, I don't have to think about it.
Speaker:It's why certain people wear the same thing every day,
Speaker:right? They know where it is. They've already decided what they're doing. They
Speaker:don't have to remember, they don't have to think about it. They just do it.
Speaker:So your simple business that has all of these moving pieces
Speaker:that you've internalized can now be let go. And that
Speaker:is quite fraying. Then there's the imposter syndrome angle. So
Speaker:writing it down, it makes it real. Some solo operators
Speaker:are afraid that their business looks too small on paper. But I'm going
Speaker:to give you something that's going to set you free from that. Okay?
Speaker:Clarity beats complexity every time.
Speaker:So a clear one pager will beat a vague
Speaker:50 page business plan every time. There's
Speaker:no doubt about it. If it's clear, I can act on it. If it's vague,
Speaker:I don't know what to do with this person I've spoken to last
Speaker:week. They have all these things going on in their head. They can't
Speaker:seem to be able to get it down properly. This is going to help you
Speaker:get through that. Okay. The next one is the I'll never
Speaker:need this myth. It's not just for emergencies. This
Speaker:is going to help you onboard contractors. It's going to help you get bank loans,
Speaker:it's going to help you in partnership discussions and it's going to help you
Speaker:sell the business. It will even help you with your personal life and it's going
Speaker:to help you with your annual planning and saying no to out of
Speaker:scope work. This is going to help you be really clear about what your
Speaker:business is doing doing to achieve your goals as a
Speaker:solo operator. So here's the profile
Speaker:document. There will be A link to this on my website, by the way.
Speaker:Lonewolfunleashed.com
Speaker:forward/4p-profile.
Speaker:That's 4P profile, section
Speaker:one. Okay, we're going to identify the what, right?
Speaker:One sentence business model. Here's the formula. Okay? I help
Speaker:specific who achieve specific
Speaker:outcome through your method.
Speaker:Okay, So a bad example is I provide business solutions.
Speaker:Really vague. Look, you're running a successful business. You know
Speaker:what it's like to target a specific market. You should be able to know this
Speaker:straight away. I help overwhelmed dentists automate their
Speaker:patient booking so they can focus on dentistry, not administrative.
Speaker:Right. Really specific. And this is gonna become your filter for everything.
Speaker:Now, we have a real value proposition. Okay? It's not marketing fluff.
Speaker:It's the real person and it's the real reason
Speaker:people pay you. It's the expensive problem that you
Speaker:solve. Okay? It's the why you versus
Speaker:others, et cetera, et cetera. The real value proposition is
Speaker:clients choose me because I fix their issues without requiring
Speaker:meetings. That's an example. Then there's the target market
Speaker:truth. Okay? Not who you want to work
Speaker:with, who actually pays you. Look at your last 10
Speaker:invoices. What do they have in common? Include the
Speaker:psychographics, what keeps them up at night, what red
Speaker:flags have you learned to avoid? All of those things.
Speaker:Now we have section two, the value
Speaker:flow. The value flow are your
Speaker:processes. So I've broken down on previous episodes
Speaker:how to do your first process map and what
Speaker:processes are and why they're really important and what goes into them.
Speaker:All those sorts of things. Your value flow is
Speaker:the bridge between your supplier and your customer. It's where value
Speaker:is created. It's your magic. And here you're going to list
Speaker:the major ones. Okay, we're not talking about specific tasks, we're talking about.
Speaker:Okay, how do I deliver an example? Here on that link
Speaker:on my website, there's going to be a link to a Google sheet with some
Speaker:examples in it. Okay, so this is an example from Sarah's WordPress
Speaker:care. One of her processes is client acquisition and
Speaker:qualification. There's another one for onboarding and site
Speaker:audit, another one for monthly maintenance cycle. There's
Speaker:also key inputs and key outputs. What do I need from my
Speaker:client to be able to make this a success? Do I need access
Speaker:to certain platforms, things like that? What are the key outputs?
Speaker:Okay, Secure site maintenance, a monthly
Speaker:report, peace of mind to our response,
Speaker:Guarantee those types of things. And then what are your critical dependencies?
Speaker:Okay, so for the value creation within your core Processes.
Speaker:We're talking about the three to five things that you do to
Speaker:create value. So it's not detailed, it's just the major
Speaker:buckets. So you might have different services or different
Speaker:adjacent services that you offer your customers. You know, I think that
Speaker:pretty much any business should have, you know, an acquisition process or
Speaker:something like that. I think that's definitely one of the major ones. But there's
Speaker:also the how you deliver. So if you're delivering a service, you might have an
Speaker:onboarding and then you'll have your type of delivery service. You
Speaker:might have issue resolution and support. If you're doing physical product, you might have a
Speaker:delivery, literal, pick, pack, delivery, deliver,
Speaker:returns, type process. If you do have a
Speaker:physical product, you might want to look up the score framework.
Speaker:SCOR framework. It's a supply
Speaker:chain operations reference model, I believe it's called
Speaker:score model. That leads you through some of the major
Speaker:processes that go into delivering physical product. Each one of
Speaker:these processes becomes the next p in the four Ps, okay? They're
Speaker:your processes. So here we're dealing with profile. The next one
Speaker:we're dealing with processes. So you can already start to see that this
Speaker:is becoming your scope for the next layer down. Okay, we're
Speaker:starting to break it down into little pieces. Isn't this great? We're getting clear,
Speaker:we're getting clarity, right. We're only in section two
Speaker:and we're already starting to get good clarity about how to go for
Speaker:the next stage so we can continue to understand and
Speaker:optimize and systemize your business. So the example
Speaker:flow, you know, there's some other examples here there. So there's intake and
Speaker:discovery, there's solution design, there's implementation,
Speaker:there's quality checks, there's delivery and handoff. Those might be some of your major
Speaker:processes that you go through. Put some notes against each of them.
Speaker:Give a summary about what it is. Right. So for Sarah's
Speaker:WordPress care, her client acquisition and qualification
Speaker:process, her notes against that are LinkedIn
Speaker:outreach and referrals. So where are the clients coming from? What channels are
Speaker:they coming from? Give some additional context. It doesn't have to be an
Speaker:essay, just some quick notes. Then we have the value
Speaker:outputs. So what goes out? So I touched on those before.
Speaker:Then we have a supplier reality check. So what are my critical
Speaker:suppliers or partners to deliver this?
Speaker:What breaks if they disappear? And
Speaker:here we're including software vendors, contractors, service providers, et
Speaker:cetera. And critical means that the business will stop
Speaker:without them. Not the, oh, I can start this
Speaker:video player In a different application on my computer. No. If
Speaker:I lose access to my CRM, this business is going to be in
Speaker:trouble, and it's a fire that I really have to concentrate on putting
Speaker:out. Your CRM should definitely be listed on there. So some other examples
Speaker:there might be your payment processor, your email service,
Speaker:or the one contractor who knows your entire
Speaker:system. The process preview. Okay, so we've named
Speaker:five to seven core processes, just names, and then we've put
Speaker:some notes against them. They're your value creation engines, and
Speaker:then they map on how you deliver value, so lead to
Speaker:client, onboarding, service, delivery, et cetera, et cetera. So this is
Speaker:dealing with operations. Okay, so we have core services, tech
Speaker:stack, info architecture, all those types of
Speaker:things that we need to be thinking about. What are we actually
Speaker:selling? So the core services, what are we actually selling? So
Speaker:for Sarah's WordPress care, she's selling monthly maintenance, emergency
Speaker:fixes, site audits, speed optimization, all those types of
Speaker:things. Her notes then include what percentage of her revenue
Speaker:is monthly recurring, and then the price ranges or the
Speaker:rate structure of how she's actually doing that. Then we have the tech
Speaker:stack. Okay, so under operations, the section and then the
Speaker:field is tech stack. What's the value that we
Speaker:have in there? Again, it's not every tool. It's just the major ones. You know,
Speaker:a whole bunch of different tools that she uses to deliver her
Speaker:core services. And then underneath that, we have another one for
Speaker:info architecture. Okay, where do the client files live?
Speaker:Where do the templates live? All those types of things are listed here.
Speaker:Now, you have some options here, because some of these things, your business might have
Speaker:a lot of different things that has to be listed that are critical. You don't
Speaker:have to put all of this in one field. You can just copy the field
Speaker:multiple times down and make some different notes against that. That should not be a
Speaker:problem. So then underneath that, we now have another
Speaker:section, which is financial flow. So this is looking at
Speaker:the money. All right, show me the money. These are your
Speaker:revenue streams. Okay, so the first one under
Speaker:there is revenue streams. We're gonna follow the money through the value
Speaker:chain, which way the money comes in, which
Speaker:process generates revenue. So if you've got a different core
Speaker:process for each core service, and you've got that as
Speaker:a service offering, which is generating revenue. You, you're going to put down your
Speaker:different types of revenue streams in there and the
Speaker:amounts. Okay, Then we have the cost
Speaker:structure. Again, under financials, what's the cost
Speaker:structure? What are the fixed costs that Hit every month.
Speaker:What are the variable costs? What are the hidden
Speaker:costs that you forget about, I. E. Your
Speaker:time that you spent building that silly automation that you never ended up using.
Speaker:What real hourly rate do you have after all those costs?
Speaker:Which processes are profitable versus necessary evils?
Speaker:Okay, in retail they have a thing called a loss leader,
Speaker:right? So you might have a necessary evil that you
Speaker:use to then deliver higher value services later
Speaker:on. So in retail, your loss leader might be your chocolates
Speaker:at the front of the store. People come in for chocolates, they buy other
Speaker:stuff that's of a higher margin. There's those types of things that you need
Speaker:to be thinking about. Then we have your different
Speaker:banking and tools. Where's the money sitting? Do you have different
Speaker:accounts for different purposes? What payment processes are you
Speaker:using and what are their fees? And then what accounting
Speaker:software and key reports are you running?
Speaker:So this gives us an idea about how you're breaking down, how you're tracking that
Speaker:and then how the money flows through. So I'll give you a really simple example.
Speaker:For my business, I have a transaction account
Speaker:that my expenses go out of and my money comes into.
Speaker:And then I have a separate tax account where I reserve
Speaker:any goods and services tax GST or pay G
Speaker:payments or superannuation that needs to be paid.
Speaker:Okay? So it's basically money that's not mine that I get paid.
Speaker:So the client will pay me, let's say $33,300,
Speaker:10% of that $3,000, which
Speaker:is $300, which is on top is GST.
Speaker:So that's going to move into my tax account. So I'm going
Speaker:to just really briefly outline that in the banking and tools
Speaker:there under the financial section. Then after that we have
Speaker:continuity, planning, right? So
Speaker:if nothing else, okay, if we have to run on the
Speaker:absolute minimum right now because something's happened,
Speaker:I've got a very minimum thing. You know, I've broken a leg, I've done
Speaker:whatever it is. How do I manage my business when I have very
Speaker:limited capacity? What are the key relationships that I have? So
Speaker:list out your top clients, list out your top
Speaker:suppliers that you might need to deal with. Backup is
Speaker:Mike, who's a contractor. So three of those is
Speaker:35% of her revenue. So she wants to keep them happy,
Speaker:right? So the backup is, I can get Mike to do it because it's
Speaker:going to be worth maintaining those clients because they make up such a large chunk
Speaker:of her revenue. Then underneath that we have access
Speaker:protocols. So who has access to what? So what kind of
Speaker:permissions are we looking at? And that's just in case of personal emergency.
Speaker:Right. If something has happened to you, how do we know what needs to happen
Speaker:with your business and your accounts and all those types of things?
Speaker:Then we have work in progress. So that's the last one.
Speaker:So she's got here, check notion, active projects, maintenance,
Speaker:a monthly maintenance, first and third month support tickets,
Speaker:blah blah, blah, blah blah. Keep a short list of active projects or
Speaker:maintenance cycles so nothing gets missed.
Speaker:So what you can do now is you can map this into a simple diagram
Speaker:that shows you this. So one box for each major step in your value
Speaker:creation. Where the arrows show the flow,
Speaker:suppliers on the left, customers on the right. You're in the magic in the middle.
Speaker:And this is your business at 30,000ft. We're basically flying
Speaker:over and we're just picking out that those major landmarks of your business that we
Speaker:can spot. Why does this matter? So we've got
Speaker:now something that shows where your value is
Speaker:created. It reveals where the bottlenecks
Speaker:and dependencies are. And it's starting to identify which processes need
Speaker:to be documented first. Because you are in your business all the
Speaker:time, 100%, you are already acutely aware of the
Speaker:types of pain that you're suffering when you are trying to deliver.
Speaker:You're already going to be thinking about the types of processes that need to be
Speaker:looked at first in this list. So when we go to break down and do
Speaker:a decomposition of your processes into sub
Speaker:processes, we're going to start to be able to really target and make
Speaker:sure that we cover off on those pain points straight away.
Speaker:We're also going to be able to get from there a really good
Speaker:picture of how you use your time and how long different
Speaker:things take. So what comes next after this?
Speaker:So what is the profile to process? Bridge,
Speaker:as I said earlier, we have now the profile
Speaker:has set up the process documentation. It has provided us a
Speaker:scope. So each box in your value flow is
Speaker:now a process map that we can develop out. So the profile
Speaker:shows the forest and the process now will show the trees.
Speaker:The profile says what? And the process
Speaker:says how? Underneath all of this we'll have our performance metrics
Speaker:that will measure these things. So now we can have a
Speaker:prioritization matrix. We've covered this on an episode as well. You can
Speaker:go back and listen to that. It's where I discuss how
Speaker:to form up a backlog of your different opportunities. So we're going to put on
Speaker:our backlog here which processes are the critical path,
Speaker:which create the Most value, which cause the most
Speaker:problems. Document them first.
Speaker:So now we have an example connection. What does the profile say?
Speaker:Onboarding creates first impression process details. There might be a
Speaker:12 step onboarding workflow that you have for your business.
Speaker:Right. So we're gonna throw those 12 steps onto a process map with your different
Speaker:dependencies and how it flows and how the tasks flow from one to another.
Speaker:And then the third P in the four P's framework is procedures.
Speaker:Those will be in detail for each one of those tasks.
Speaker:Then performance tracks those. So what are some examples of how
Speaker:this provides value and clarity? So we have a consultant, we've mapped
Speaker:their value flow and we realized that
Speaker:30% of their effort created no value. So we killed a
Speaker:reporting process that clients didn't read and it freed up
Speaker:10 hours per month. Why do I know? Because that consultant was me.
Speaker:I did that last year. Oh, I have a backup already
Speaker:prepared. I don't have to worry about this. Let me get on the phone. This
Speaker:clarity has allowed us to be proactive. Being proactive like
Speaker:this is not a waste of time. Even if you never use it, it is
Speaker:insurance for you. You spend a small amount of time so you don't have to
Speaker:worry later. Okay? So you can set yourself up to
Speaker:succeed at a later date where your competition would
Speaker:have failed. This is creating a
Speaker:competitive advantage. This is why this is the one pager
Speaker:that you could save your business because it's providing you clarity that you
Speaker:can act on.
Speaker:So there are some key things here that when it comes to
Speaker:value flow mapping that I'm going to share more next week on when
Speaker:we cover the next P, which is processes. But some
Speaker:really, really quick stuff. We don't want to go into too much
Speaker:detail on those. We want to save those for the procedures.
Speaker:We want to make sure that we don't miss our dependencies. We want to make
Speaker:sure that we're not forgetting the customer journey. When we model a
Speaker:process, it's an internal process of the things that you are
Speaker:doing. Sometimes we can lose sight of what the customer is
Speaker:experiencing. So how do we implement this? So you can
Speaker:go to my website. I mentioned Before, Lone Wolf Unleashed.com,
Speaker:loneWolfUnleashed.com 4P
Speaker:profile that will provide you a link to the
Speaker:Google Doc where you can take a copy of it and start to work in
Speaker:it yourself. I've already got that started for you so you can get started on
Speaker:that today. The week one challenge is
Speaker:you need to block 90 minutes out to do this.
Speaker:Just fill in the main components, that's 25
Speaker:fields is on the example that I'm looking at. It should fit on a landscape
Speaker:document. Think through all the key processes that you deliver value
Speaker:through with your business. Identify those five to seven core processes.
Speaker:Don't over complicate it. Just fill in the basics.
Speaker:Then there's the connection test. Can someone see how value
Speaker:flows through your business? Could you describe it to your grandmother?
Speaker:Do your processes map to value creation?
Speaker:Are the dependencies clear? And then the question is, is do
Speaker:you know what you're going to document next? So this is how it all
Speaker:connects to the four P's. Okay, it's cascading now. We've just
Speaker:done profile. It's now going to filter down to process where each
Speaker:major value creation step is, is done. Underneath that are your
Speaker:procedures which will then lead into performance
Speaker:which measures the value. So think about, you know, what data is coming out of
Speaker:this, what do we need to be able to track? So now you should have
Speaker:in your mind what documentation priority you have,
Speaker:which process you're going to document first, that creates the most value,
Speaker:which process fails you the most often or a process that you want
Speaker:to delegate first. A process that you want to automate
Speaker:portions of. Now we have clarity.
Speaker:So here are my closing thoughts and my closing rant.
Speaker:The value flow reality is this. Most
Speaker:solo operators have never mapped their value flow.
Speaker:They are too busy working in their business
Speaker:and not on their business. This is the beginning,
Speaker:the profile is the beginning to working on your business, creating
Speaker:systems that work for you, that free up time so
Speaker:you can go and do other stuff of higher value. This
Speaker:works. This is a system that
Speaker:works. You cannot improve what you cannot see.
Speaker:The profile makes it visible. So now you have
Speaker:strategic power. Value flow equals your model
Speaker:visualized. It shows where to focus
Speaker:your improvement efforts. It's going to reveal opportunities
Speaker:for automation and delegation. Just like I said, we've done an episode on that
Speaker:about how you can calculate the benefits of that so you can prioritize well
Speaker:and it helps you identify what is core versus what is noise.
Speaker:You might get to the end of this and go, you know what? Two of
Speaker:my core services just aren't working for me.
Speaker:They're not even getting me extra business and they're losing me money. Why am I
Speaker:doing this? Cut them. If you're losing money on
Speaker:them, cut them. You're immediately better off. Refer those soul
Speaker:sucking clients to your competitors. I'm not sure this is a good fit
Speaker:anymore. My prices are going up. I don't think I can help you.
Speaker:Here's someone I can refer you to. So what is the
Speaker:freedom angle here? Clear value flow equals easier
Speaker:delegation. It's easier automation.
Speaker:So get started today. Head over to my website. You can get that
Speaker:lonewolfunleashed.com 4p
Speaker:profile. There you'll be able to get access to the Google
Speaker:document where this template and examples live. So you can do it
Speaker:for yourself. Thank you so much for joining me today.
Speaker:I really appreciate your time. You could have been doing so many other things other
Speaker:than listening to me rant about how to get clarity on your business and how
Speaker:to save your business. And for that I thank you.
Speaker:I'm opening up an expression of interest to
Speaker:a community I'm creating for solo operators who want
Speaker:to set themselves free from their business and get their business under control.
Speaker:You can sign up for that Lone Wolf unleashed dot com. There is an
Speaker:expression of interest button there that you can press to sign up.
Speaker:Basically, the premise is, I will help you do all of
Speaker:this, all the different layers of the four Ps, and we
Speaker:can share with each other about what is working. And there's going to be
Speaker:accountability there to say, hey, look, you said you're going to do this thing, let's
Speaker:crack on and do it. So if you're interested in doing that, in
Speaker:transforming your business and therefore transforming your life, I'd be
Speaker:really excited to be able to work with you on that. And that's going to
Speaker:do us for this week. Thank you so much for joining me today and I'll
Speaker:see you next time. Until then, live larger and switch off
Speaker:sooner.