(1). To sell, stop operating or simply stop paying for an unprofitable company or business unit in order to conserve capital for other things.
Stop The Bleeding
RANDOM LINGO
Pocketbook Issue
(1). A misogynistic term that political candidates use when addressing “women’s issues” in an attempt to appear as if they could care less about whatever “women’s issues” are.
“Look, let me be clear…I understand you’re frustrated with the cost of groceries…I do. It’s a real pocketbook issue and I want you to know that I hear you. I also want to take a moment to address the death of soap operas…I’m sorry, do you all still watch soap operas?”
Beauty Contest
(1). A preliminary set of sales meetings where the prospect forces all of the different firms to perform their dog-and-pony show one after another, all in the same day.
“Yeah, so we’ve got a meeting with a prospect today at 1. I think it’s just a beauty contest at this point. Pretty sure there are at least three other firms in the running.”