Paul’s Pricing Dictionary: Happiness

P 150x150Happiness, n. A feeling of well-being which is directly proportional to your gross margin %.

Previously from Paul’s Pricing Dictionary:

Price, n. Value, plus a reasonable sum for wear and tear of conscience in demanding it. (qv, Ambrose Bierce, The Enlarged Devil’s Dictionary)

Strategic Deal, n. deal struck at a massively negative gross margin by CxO or Executive Sponsor, usually without any hope of margin recovery.

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