Good, Fast, or Cheap — Pick 2 to Grow Your Business

Because you can’t offer all 3 for long

Stephanie Thurrott
The Startup

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A Venn diagram with three overlapping circles: good, fast, and cheap
Illustration credit: Ikameco on Fiverr

I was getting my kitchen remodeled the first time I heard this phrase:

“You can have it good, fast, or cheap — pick any two.”

It turned out to be true with any of the contractors I hired:

Good + Cheap. The guy who installed my cabinets did great work, and his prices were reasonable. But I had to wait for months to get on his calendar.

Fast + Good. The electrician lived close by, so he could do the job quickly. And his quality was top-notch. But his invoices? The total due nearly brought me to tears.

And…

Cheap + Fast. Honestly, this wasn’t a combo I was interested in trying. Why would I want, say, a cheap, fast kitchen sink installation if I was going to deal with a leak within months?

The choice among good, fast, or cheap stuck in my head, and whenever I needed to hire someone for a home improvement project, I thought about it.

But, whatever service you offer, it holds true. And as a business owner, you get to choose which two you want to be known for.

Whether you’re a contractor, architect, musician, graphic designer, or writer, you get to set your:

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Stephanie Thurrott
The Startup

I write stories that make our lives better. I learn something with everything I write, and I hope you do too. Get my newsletter: stephaniethurrott.com/medium