(1). Laying off employees to balance the budget (see also RIF-ed).
“We had to right-size our company last month by about 20%.”
Props to RC Lations for the submission.
Right-Sizing
RANDOM LINGO
Jumping Off Point
(1). A nice way to tell someone their proposal (which they thought was great) needs serious revisions.
“Thanks for that, John. I think it’s a great jumping off point for us to nail down how to handle this project. Eric, why don’t you run point on this going forward…”
Hand Holding
(1). The lion’s share of a wealth manager’s job. Rich people can be very needy at times.
“Yeah, the meeting went fine. These folks need a lot of hand holding, you know? Hey, as long as they keep paying those fees, right?”