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Interesting. I'm starting to see a lot of business-related terms that mean different things to different people in different fields (for instance, "securities"

by tkiley 19y ago

Interesting. I'm starting to see a lot of business-related terms that mean different things to different people in different fields (for instance, "securities" means "bonds" to a tax accountant, but "stocks+bonds+etc" to a financier). I'll certainly be careful with such distinctions when talking with investors, clients, etc. Thanks for the input.

DanielBMarkham 19y ago
Yeah it's a biz term. Perhaps non-intuitive, but the point is that you have to figure out how you are getting customers, whether that is changing their mind from "option X" to your service, or changing their mind from "doing nothing" to your service. Some businesses don't bother to do that work, instead just saying "I have no competition" -- I'm sure you know that you don't want to go there. As a side note, I'm really curious as to why I was down-modded up above there. I was simply trying to share stuff I know. Don't know why it would tick anybody off. People are welcome to have different opinions, and I'd like to hear about them instead of getting down-modded. If I'm wrong, I want to know about it! (That's kinda the point of commenting to begin with)