Have you heard any of these cliches used at a business meeting lately? Confused? Well this is what they are saying and this is what it all means.
|
What they say… |
What they mean…. |
|
Internet Pure Play |
It’s only a business on the Net |
|
Disintermediation Play |
You going to divide the market |
|
B to B Play |
You sell to other businesses |
|
B to C Play |
You sell to consumers |
|
Bricks and Clicks |
You sell on the Net and a store |
|
Domain Experience |
Industry Expertise |
|
That’s our sweet spot! |
That’s where we do best |
|
Angel Investing |
A person who invests early! |
|
Deal Flow |
How many good plans VCs see |
|
ASP |
Application Solution Provider |
|
Full Pipeline |
A lot to do |
|
Stay the course |
Keep doing the same thing |
|
Venture Catalyst |
VCs that help biz grow fast |
|
Two guys and a garage |
Two People just starting |
|
Let’s take that offline |
We’ll discuss it later |
|
Best of Breed |
The best of what is out there |
|
Core business |
The main business |
|
Not enough Bandwidth |
Too many things to do |
|
A new business model |
A "new" way of doing it |
|
Value Add |
What your business offers |
|
The big picture |
Broadly speaking |
|
Win- Win Scenario |
Both sides win |
|
Thinking outside the box |
Thinking beyond the obvious |
|
Stretching the envelope |
Thinking outside the box |
|
Viral Marketing |
Your customers refer |
|
Pre-Money Valuation |
A startup before outside $ |
|
Dumb Money |
Money invester, no expertise |
|
Keep your powder dry |
Saving your investment $ |
|
Good to go |
Ready to go |
|
Value Chain |
Companies adding value |
|
T’s and C’s |
Terms and Conditions |
|
Not coms |
Not an Internet Business |
|
Portals and Vortals |
Focusing on one industry |
|
That space is getting populated |
That industry is crowded |
|
A quick vet |
Dig in and research |
Have some to add, e-mail me or you can add your own by using the your own Web Economy Lingo Generator. Check it out.
Special Thanks to Brandi Ruffalo for some of the material!
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