Solo PSF Business Models – Pt 2

April 8, 2009 by Mary Wynne-Wynter 

In Pt 1: Evaluating solo professional service business models, I pointed out the importance of building content assets. I included this old slide that is somewhat outdated but I think still highly relevant.

A few readers asked: what do you mean by build system (or process) assets?

Going Solo Presentation - Babson:2005 - Mary Wynne-Wynter

Going Solo Presentation - Babson:2005 - Mary Wynne-Wynter

The systems I refer to are unique to the solo professional who may also license or own systems such as financial planning or CAD. You might take your unique systems and process for granted, until or unless you’re expected to deliver equivalent value differently.

The tools you use may be widely available, simple, open source or even free. But how you use, integrate and continually refine and upgrade them to service, support and (hopefully) delight your clients is valuable asset.

For example, I integrate wiki’s, social media tools, tagging and rss feeds as an integral shared learning system between me and my clients. Anyone “could” do it, but I’m the one who does it. Simple does not necessarily mean “easy to copy”.

The solo business model you choose may preclude your building system assets. That may work out great for you as long as you’re aware of, and take the time to evaluate, the pros and cons of the model you choose.

Filed under: Content, Creativity, Natural influence, career, differentiation, global microbrand, going solo, job shift, self-awareness, solo psf
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