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.
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 cheap 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 things 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’s 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.