Fast Good Cheap Reminder

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Hi everyone! As I was watching people freak out about the possibility that the freelance section of the WF will be overrun with low cost freelancers, I was reminded of the fast-good-cheap reference.

You may have heard this – but it’s something we need to keep in mind with ALL of our entrepreneurial efforts.

The idea is, you get to pick TWO from that list. Not all three.

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You can hire:

  • A fast and good freelancer, but they won’t be cheap.
  • A fast and cheap freelancer, but they won’t be good.
  • A cheap and good freelancer, but they won’t be fast. (Probably because they’re overbooked and not confident enough to raise their rates).

This goes for things like tools too. You can get plugins that work fast and they’re cheap – but the quality you get won’t be good. And so on…

The bottom line is this…

We are all going to need to watch our budget as we build our business – but that doesn’t mean you have to look for dirt cheapย or shell out for everything, all of the time.

We are all looking for speed – with deliverables, with tools – with success in general. And some thingsย will be quicker than you expected, while others will drag on.

And we’re all looking for quality, but sometimes we won’t find it. And sometimes it’sย us who are to blame. I saw someone complaining on that same thread about how 99% of the WSOs he’s bought are crap. I’d probably be embarrassed to admit that – because it means his picker is off. He obviously gets duped every time – that or he doesn’t know how to implement properly – and either way, he shouldn’t be pointing fingers.

Building a business online takes time. It requires you put forth your very best work (even if it’s outsourced). And it’s going to cost a bit to get started – whether it’s a domain and hosting or a few tools or courses.

To expect some magical wizard to bestow a push-button, freebie fantastic business on you is just … naive.

Tiff ๐Ÿ˜‰






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8 Responses to Fast Good Cheap Reminder

  1. I love this…gonna steal it and email to my clients if they complain about any of these three aspects of my work, lol! Actually, this may just become my new avatar, if I add the ‘pick one’ statement. I don’t think it would do at all for a lady to gain the reputation of being good, fast, AND cheap,eh? ๐Ÿ™‚

  2. Avery says:

    Very true, Tiffany. When I have to make a decision about which tools or services to buy, I always look at the time I’ll be saving vs the cost. Then I figure in what I typically earn in an hour times how many hours the project would take me on my own.

    If you do this often enough, you’ll start to get a good feel for what needs to be outsourced and what you can do on your own. Just my two cents. ๐Ÿ™‚

  3. Val says:

    Love this! And I am proud to say I am one of those good people that are always late with deadlines because I overbook because I am just beginning to learn how much I am worth…;)

  4. Hey Tiff,

    This is so true and such a great reminder.

    You just can’t haggle over price and expect the quality and speed to be there.

    I’ve learnt that I can have my tech issues handled for a very cheap cost apparently by doing them myself.. but that, actually, I’ll never be a techie, so my results are always poor, slow and end up expensive in wasted time and often having to get a real expert on the go after I’ve had a botched attempt!

    Great reminder,

    Katie

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