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Small Business Boomers

The “Two out of Three” Rule of Getting Things Done

by Jean on September 2nd, 2008

I’m convinced that there are three facets of any job, any work, anything you want to get done, for your business or your life.  Call them “the big three:”

  • FAST
  • GOOD
  • CHEAP

And here is the trick: You only get two of the three for any one job, for any one product, for any one business situation.  If you want it fast and good, it won’t be cheap.  If you want it cheap and fast, it won’t be good.  And if you want it cheap and good, it won’t be fast.

If you want the new home you are building to be done fast, and you want it to be done well, you will have to pay big bucks to get it done.

If you want your service business to be known as the BEST and the FASTEST, you will have to charge a lot for your services.

I also believe that there are no exceptions to this Rule.  It is one of the few rules in the world to which there are no exceptions.  I dare you (ok, I double-dog dare you) to find one exception to this rule, anywhere in the world today.

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POSTED IN: Boomer Businesses in Difficult Financial Times, Business Improvements, Business Quotes

1 opinion for The “Two out of Three” Rule of Getting Things Done

  • JP
    Sep 3, 2008 at 4:27 am

    That is soooo true!

    I was a former consultant and it applies to just about everything I can think of. Even my new business right now (Convos - http://www.convos.com) had a really tough time with “Good & Cheap” when we were in development. It certainly wasn’t Fast.

    I find pricing quotes from many developers to be misleading these days.

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