MiM® Glossary

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Disqualified Relationship
A prospect that has been determined to be a poor fit and removed from active pursuit.
Dream List
A curated list of target companies (Land) and existing accounts (Expand) that could fundamentally change the business if won or grown.
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Engaged and Interested
A stage where the prospect is not just contacted, but actively showing interest in working together.
Expand Strategy
Tactics focused on growing revenue from existing high-value customers.
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First Meeting
The initial live interaction with a prospect to build rapport, understand their business, and begin qualifying.
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Ideal Customer Profile (ICP)
A detailed description of the type of customer that yields the highest lifetime value and aligns best with your business.
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Land + Expand
A growth strategy that balances acquiring new high-value customers (‘Land’) with growing existing accounts (‘Expand’).
Land Strategy
Efforts aimed at acquiring brand-new customers with high LTVp.
Lifetime Value Potential (LTVp)
The projected long-term value of a customer relationship, used as a guiding metric in MiM.
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Measured in Millions (MiM)
A methodology designed to build high-lifetime-value relationships worth millions of dollars, focusing on SMB B2B companies with long sales cycles.
MiM Dream List Builder
A tool for organizing and validating target companies based on ICP and growth potential.
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Opportunity Shared
A milestone where the prospect volunteers information about their business needs, opening the door to collaboration.
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Priority Market
A segment with the highest growth potential and strongest fit for our client’s capabilities.
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Qualified Relationship
A connection that has been vetted and determined to fit the criteria of a high LTVp customer.
Quality Connection
An initial positive connection with a prospect that signals the start of a high-potential relationship.
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Readiness
Preparing your business with the right messaging, branding, and sales assets to effectively engage ideal prospects.
Reconnaissance (Recon)
The act of gathering customer, market, and competitor intelligence to personalize outreach and build credibility.
Relationships
The phase where long-term, high-value connections are nurtured, resulting in trajectory-changing opportunities.
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Sales Accepted Lead (SAL)
A lead that has shown clear interest and meets quality standards for sales team follow-up. We call these Quality Connections.
Sales Qualified Lead (SQL)
A vetted opportunity that aligns with ICP and has a clear next step in the buying process. We call these Qualified Relationships.
Scoreboard
A dashboard tracking leading indicators like Quality Connections, Qualified Relationships, and conversion rates.
Second Meeting
A deeper conversation to demonstrate capabilities, uncover opportunities, and progress the sale.
Small Pond Strategy
Focusing on a narrow, high-value target market rather than high-volume, low-value leads.
Strategic Order
The sequence of four dimensions—Targeting, Readiness, Reconnaissance, Relationships—used to structure MiM plans.
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Targeting
The process of identifying, segmenting, and prioritizing your highest potential customers and opportunities.
The Show
The structured experience of pitching and onboarding, including first impressions, meetings, nurturing, and closing.
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Validation Criteria
The five filters for dream list prospects: Need, Buy, Service, Leverage, Desire.
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