Which Are You–Good, Fast, or Cheap?
February 29th, 2012 by Bob Bly
A sign on the shop floor of a manufacturing facility showed a triangle. Each corner was labeled: one was GOOD, another was FAST, the third was CHEAP. The caption under the triangle said PICK ANY TWO.
It makes sense to me. If you are cheap and fast, you probably aren’t very good. If you are good and fast, you can and should charge a premium fee. If you are cheap and good, you probably don’t allow customers to rush you.
If you are all three — cheap, good, fast — you are under constant pressure and probably not making that much money.
Which are you — good, fast, or cheap?
This entry was posted on Wednesday, February 29th, 2012 at 10:41 am and is filed under General. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
February 29th, 2012 at 11:16 am
I am good, because quality is one non-negotiable item as far as I’m concerned. As for the other two — well, let’s just say that the faster I’m asked to be, the less cheap I become.
March 2nd, 2012 at 5:37 pm
I’ve used a similar analogy for years. Great work takes time, talent and money.
You decrease the time, then you automatically increase the cost and talent requirements.
If you decrease the talent, then you increase both cost and time.
And finally, if you decrease the cost, then you increase the time required to do the work and you still need the talent.
The bottom line: you need all three to solve a given problem. As the waterline goes down on one, you automatically raise the level of the other two.
I’ve found this quite useful in negotiations. Every one gets it.
March 5th, 2012 at 7:31 am
[…] Which Are You–Good, Fast, or Cheap? […]
March 21st, 2012 at 10:47 am
If I have to pick two out of three, I will choose good and fast. Quick thinking allows you to create a concept fast, and once finished, you have spare time to look back on it and make sure that it is something worth of presenting an audience.
Being cheap is only good for commodity businesses because it’s the nature of the beast. For service providers, everyone should aspire to be good first, and then fast.
April 26th, 2012 at 1:38 pm
This was very helpful
May 13th, 2021 at 2:45 am
It is really nice blog that become inspiration to everyone.
Remove a curse
May 26th, 2021 at 3:09 am
I am Cheap and fast because most people mostly choose Cheap and fast service.
By the way, as a guest, I also have a good and fast service known as Peer To Peer Lending which is giving a good interest rate on Lending money. Follow the link.
May 26th, 2021 at 3:14 am
According to my, fast and good will be better because the one who is fast is always good so I choose this.
Do you know I know a site which gives fast and good Landlord Insurance service? Visit the Link.
June 11th, 2021 at 8:25 am
Bringing home a new puppy is a wonderful experience involving the whole family, which is why we begin training tomers a great amount of support, we assist in the preparations to make it less stressful. To provide a completely different environment for our puppies, we thoroughly researched and make sure this puppies will only go to respectable families
https://pugslandbreeder.company.com
June 16th, 2021 at 4:11 am
Very valuable information you have here. Thanks..
how to get rid of family curses
June 18th, 2021 at 6:03 am
Thank you for the post Passport Renewal in Faridabad
June 24th, 2021 at 1:17 am
Your article has piqued a lot of positive interest. I can see why since you have done such a good job of making it interesting.
June 28th, 2021 at 2:42 pm
https://savannahbengal.company.com/
July 5th, 2021 at 11:06 pm
If you visit then share your shopping experience with them at Save Mart Survey.
August 27th, 2021 at 2:48 pm
Best Merchant Cash Advance Leads are exclusive Leads addressed to you Merchant Cash Advance Leads is the Qualified MCA Leads Data provider as a firm in the entire globe.
September 20th, 2021 at 10:51 am
I am good because quality is the most important thing for us. quality is something which helps keeping recurring customers and thats what keeps you in long term business. We get 6 months to prepare for next collection and if we want things to be fast we have to use more resources as we cant compromise on quality
October 1st, 2021 at 11:25 am
Stay warm dean winchester coat and shop Forever 21’s sale jackets. Find women’s jackets on sale in every style: bomber, rain jackets, puffers, color block anoraks + more!
October 3rd, 2021 at 1:05 pm
Tote bag afb88 this bag Very good and what you do here is amazing I want to do it like you
December 7th, 2021 at 3:05 am
Shop from a wide range of Mens collection from Ndure. Shop from a wide variety of men shoes online in Pakistan, Mens chappals, sandals, sneakers, sports wear, loafers, slipons and boots from Ndure. Our shoes are made from best quality material that is durable. Shop from a wide range shoes color and style.
Shop best quality formal dress shoes for men online Pakistan from Ndure. Shop from a wide range of colours and styles, available exclusively at Ndure. Ndure Men’s Formal Shoes are made from best quality materials, with soft shoe sole. Style a handsome look in best quality Men’s Formal Shoes.
Shop best quality fancy heels shoes for women online in Pakistan and pencil heels from Ndure Shop from a wide range of colours and styles, available exclusively at Ndure. Ndure Women s fancy heels and pencil heels are made from best quality materials, with soft sole Style a chic look in Ndure Shoes.
June 13th, 2022 at 1:55 am
I enjoyed over read your blog post. This was actually what I was looking for and heartland s14 blue jacket I am glad to come here!
June 13th, 2022 at 6:41 am
Top Gun Jacket is on trend right Now a new movie has come whose name is Maverick, has used this jacket which gives killer look So buy this now from Slim Fit Leather Jacket and enjoy 20% off use coupon code GET20
June 19th, 2022 at 10:28 pm
Nice job!
July 29th, 2022 at 2:01 am
Metro Shoes offers a stunning variety of ladies sandal in their store online. Order now and match the trend.
August 6th, 2022 at 5:14 am
Grab amazing cosmetics and related products like primer makeup and the best primer, only from Rivaj So, grab their best primers today and enjoy Their primer makeup sets are truly unbeatable and offer a high degree of satisfaction Rivaj offers the best primer makeup to their customers all the time
September 4th, 2022 at 3:27 pm
Shirts are the perfect key to everyday style. Our Multi-Colored Women’s Shirt Tops, both strict and casual, come in many colors, patterns and styles.
Naomi Styles
September 4th, 2022 at 4:10 pm
Shirts are the perfect key to everyday style. Our Multi-Colored Women’s Shirt Tops, both strict and casual, come in many colors, patterns and styles.
https://www.naomistyles.com/product/shirt-top-with-pink-textured/
September 23rd, 2022 at 1:55 am
Stunning cleaning wipes and hand cleaner wipes are offered by Rios, a multi brand retailer The shop wants to give customers delight by offering top notch goods like Hand Wipes Their cleaning wipes is perfect and precisely what you require With their products like hand cleaner wipes, Rios satisfies all of your needs.
October 4th, 2022 at 4:23 pm
Wow! I have read your article and great to see your’s efforts. If you are looking for limosine service in Denver. Please click the given link below.
Limousine Rental Denver
October 4th, 2022 at 7:43 pm
Wow! I have read your article and great to see your’s efforts. If you are looking for limosine service in Denver. Please click the given link below.
Denver limousine service
October 5th, 2022 at 2:30 pm
Wow! I have read your article and great to see your’s efforts. If you are looking for limosine service in Denver. Please click the given link below.
Denver limo rental
October 5th, 2022 at 3:09 pm
I have read your article and great to see your’s effortstowards this. If you are looking for limosine service in Denver. Please click the given link below.
Denver limo rental
October 24th, 2022 at 4:05 am
ECS brings the best high heels and heel shoes for girls. So, grab amazing heels for girls from the ECS store today. The perfect heels for girls are available in all sizes and the best colors, only from ECS. So, hop on the ECS store today and get the best heel shoes in Pakistan.
October 24th, 2022 at 5:38 am
Buy online branded best lip gloss in Pakistan for girls and women in Pakistan on a reasonable price at Flormar.pk at your doorstep with fast delivery.
October 24th, 2022 at 6:52 am
Borjan offers its customers the best Peshawari chappals for men in Pakistan. We have the highest quality men’s Peshawari chappals for the amazing prices. Get Borjan’s amazing collection of men’s Peshawari chappals online. Get your favorite men’s Peshawari chappals from Borjan to keep yourself in style and comfort.
October 24th, 2022 at 8:40 am
Metro shoes offer their customers the highest quality loafers and loafer shoes. Get only the best available loafer shoes for girls in Pakistan, today. So, buy the best loafer shoes online from Metro shoes. We bring you only the highest quality loafers for women.
November 1st, 2022 at 4:06 am
Welcome to Servis Online Official Store! Buy men formal shoes in all sizes with different colors at reasonable Prices. We deliver a product on COD in all Metro cities like Lahore, Karachi, Islamabad across Pakistan.
November 7th, 2022 at 8:05 am
Best perfumes for men are offered by Rios, a great multi brand store. The shop satisfies customers with the best perfumes for men in Pakistan. Grab your favorite perfumes for men online in all over Pakistan with fast delivery.
December 14th, 2022 at 1:39 pm
If I had a flower for each time I had thought of you, I could spend all day in my garden flagle game.
March 28th, 2023 at 9:38 am
If you are cheap and good, you probably don’t allow customers to rush you. | dallas texas drywall service
April 16th, 2023 at 9:42 pm
Being cheap is only good for commodity businesses because it’s the nature of the beast. For service providers, everyone should aspire to be good first, and then fast.
Regards,
photo booth party rental
May 18th, 2023 at 12:16 am
A PCB assembly company specializes in the manufacturing and assembly of printed circuit boards (PCBs). These companies typically offer a range of services, including PCB design, fabrication, and assembly. The process of PCB assembly involves the use of specialized equipment and techniques to assemble electronic components onto a printed circuit board, creating a functional electronic device or system.
May 18th, 2023 at 12:26 am
We provide a service called cheap windows vps remote desktop which enables users to remotely access and manage a computer or other device from any location at any time. Service providers provide safe, dependable, and user-friendly remote access to computers and other devices.
May 31st, 2023 at 11:38 pm
This question stirs up a thought-provoking debate about the trade-offs of these two desirable qualities. If you prioritize speed, you can get tasks done quickly and efficiently, but it may come at a higher cost. On the other hand, if you prioritize cost, you may be able to save money, but tasks may take longer to complete. Ultimately, the decision depends on the specific circumstances and your individual goals. It’s a balance of competing priorities that takes careful consideration and evaluation to determine the best approach.
June 13th, 2023 at 1:27 pm
The fast service is good, but no one is given that!
July 10th, 2023 at 12:06 am
Very Good Post: CareMount’s Patient Portal
July 19th, 2023 at 5:49 pm
amazing and great post dnmaccess
Nemesis Market
Asap Market
September 5th, 2023 at 3:28 am
Discover a world of adorable possibilities with our collection of Neutral Baby Things. Perfect for those who wish to keep the gender a surprise or simply adore neutral tones, these items are a blend of comfort and cuteness. From gentle-hued onesies to plush toys, our neutral collection is a celebration of simplicity and sweetness.
September 11th, 2023 at 7:51 am
BSNS Consulting offers cutting-edge Services of Web Development, delivering seamless and visually stunning websites that reflect your brand’s identity. Our skilled web developers combine aesthetics with functionality, creating user-friendly platforms that drive traffic and conversions. Stay ahead in the digital landscape with our customised web development solutions.
September 21st, 2023 at 4:33 am
Social Media Agency Pakistan, BSNS Consulting understands the power of social media in modern business. We craft compelling social media strategies that drive engagement, build brand loyalty, and foster meaningful connections with your audience. Elevate your social media presence and stay at the forefront of your industry with our expert services.
October 16th, 2023 at 1:23 am
The term Cheap Windows VPS $5 denotes a Virtual Private Server (VPS) running on the Windows operating system available at a low cost of $5. This option caters to users who require Windows-based hosting with limited financial resources. By providing a cost-effective solution, this Cheap Windows VPS allows individuals or businesses to deploy and manage applications, websites, or services on a Windows platform without a significant financial investment.
October 26th, 2023 at 6:17 am
A Nageltisch is simply a nail table or manicure table. It’s a piece of furniture designed for performing various nail care treatments, such as manicures and pedicures. These tables often come equipped with storage drawers and a comfortable work surface.
October 30th, 2023 at 1:58 am
With CaVPS Host’s Remote Desktop VPS, experience an exceptional level of remote access and control over your virtual server. Our services are designed to facilitate seamless connections, enabling you to manage your server resources efficiently. Enjoy a secure and user-friendly experience for all your computing needs.
January 16th, 2024 at 7:15 am
The New Westminster real estate market offers a mix of housing styles, from historic heritage homes with unique architectural features to contemporary developments with modern amenities. The city’s real estate is influenced by various factors, including its proximity to Vancouver, public transportation options, local schools, parks, and the overall quality of life it offers.
February 19th, 2024 at 6:22 am
Discover seamless Order management system in Pakistan with GinkgoRetail. Elevate your business operations with our tailored Order Management System (OMS), designed to streamline and optimize your entire order process. From efficient order placement to precise tracking and fulfillment, our cutting-edge system empowers businesses across Pakistan to manage orders effortlessly, ensuring precision, speed, and customer satisfaction. Experience the efficiency and reliability of GinkgoRetail’s Order Management System, tailored specifically for the dynamic landscape of Pakistan’s retail industry.
April 5th, 2024 at 1:40 am
Friseureinrichtung refers to the overall furnishings and equipment within a hair salon. Creating the perfect ambiance in a hair salon is essential for both customers and staff. “Friseureinrichtung,” or hair salon furnishings, encompasses a range of elements that contribute to the overall design and functionality of a salon.
April 5th, 2024 at 2:06 am
The vibrant real estate market in the city of New Westminster, which offers a wide variety of residential and commercial properties, is referred to as New Westminster real estate . The market offers a variety of options for different tastes and price ranges, from modern apartments with gorgeous river views to ancient properties along tree-lined lanes. New Westminster offers a desirable and promising real estate investment opportunity because of its thriving community, historic heritage, and easy access to services and transit.
April 19th, 2024 at 12:29 am
I like your posts a lot