Marcel Legros - Play the Game of Life

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Good, Cheap, and Fast

September 25th, 2007 · No Comments

There is a simple rule for buying and selling products or services we must all know. It can be summarized with “Good, Cheap, and Fast.” The catch is, you can only pick two out of the three categories.

good cheap fast signIf you want something high in quality, and you want it quickly, you can’t buy or sell it cheaply. If you need to buy or sell cheaply, you can choose either high quality, or fast delivery, but not both.

There are only 3 possible combinations:

  • Good quality, cheap price, but slow delivery.
  • Cheap price, fast delivery, but low in quality.
  • Fast delivery, good, quality, but expensive.

Whenever you decide to buy or sell goods or services, decide which two categories are most important to you and then make sure the other two categories are present. If you’re only getting one out of three, it’s a bad deal.

If you are lucky enough to find a product or service that is good, cheap, and fast, and it meets all your requirements, you know you’ve found a exceptional deal.

This may seem overly simplified but when you look closely, everything you buy and sell fits this idea. Knowledge is power. Knowing when you’re getting the deal of a lifetime or when you’re getting the shaft can make the difference between financial freedom and financial ruin.

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