The 4Ps: The Foundations Every Growing Business Needs to Get Clear On
When a business starts to feel messy, it can be tricky working out what the actual problem is - especially when you’re in the day to day weeds of actually running it.
You might think you need more leads, when really your proposition isn’t clear enough. You might think you need a new website, when actually you’re not completely sure who you’re talking to. Or you might have plenty of work coming in, but the way the business runs behind the scenes is “wing and a prayer with a dash of it’ll be grand!”
This is exactly why I created my 4Ps framework: Product, Proposition, People and Process.
They’re not four completely separate things. They’re four parts of the same picture, and when one of them is wobbly, you tend to feel it everywhere else.
Product: What are you really selling?
Before you can get really clear on how to talk about your business, you need to be clear on what you’re actually selling.
That might sound ridiculously obvious, but a lot of businesses end up with a collection of services, packages and offers that have built up over time without anyone ever stepping back and asking whether they still make sense together.
Your product is about looking at what you offer, how it’s structured, what’s working, what isn’t and whether it genuinely meets the needs of the people you want to work with.
Sometimes the answer is to add something. Quite often, it’s to simplify. Radically simplify!
Proposition: Why should someone choose you?
Once you’re clear on what you’re offering, the next question is how you position it.
Your proposition is about getting clear on the value of what you do, who it’s for, why it matters and why somebody should choose you rather than another option.
It doesn’t need to be clever. In fact, clever usually gets in the way.
It just needs to be clear.
People: Who are you actually trying to help?
This is another area where businesses often stay far too broad for far too long.
“We work with SMEs” might technically be true, but it doesn’t tell you very much. Neither does “founders”, “professional services” or “anyone who needs marketing.”
The clearer you can get on the people you really want to work with, the easier everything else becomes. You start to understand what they’re struggling with, what they care about, what makes them hesitate and what they actually need from you.
That clarity shapes your offers, your messaging, your content and where you spend your time.
Process: Can the business actually support the growth?
This is the P that often gets forgotten.
There’s not much point generating more work if every new client sends the business into chaos.
Your processes are the things that make the business easier to run. How leads are followed up. How projects begin. How clients are communicated with. What happens repeatedly. What can be simplified, systemised or handed over.
This doesn’t mean turning everything into a rigid process for the sake of it. It means removing unnecessary friction so that growth doesn’t rely on you remembering absolutely everything, all of the time.
The magic is in how they work together
For me, the real value of the 4Ps isn’t in looking at each area individually. It’s in seeing how they affect one another.
Your product needs to solve a genuine need. Your proposition needs to make the value of it clear. Both of those need to be grounded in a real understanding of the people you want to work with. And your processes need to support the business you’re trying to build, rather than leaving you constantly firefighting in the background.
That’s why, when a founder tells me something in the business just isn’t working, I usually come back to these four areas.
Not every problem has a neat little answer, but these pillars give us somewhere useful to start.
And very often, once you get clear on the foundations, the rest of the business starts to feel a whole lot easier.