I’ve heard people tell me “We can build product fast, good, or cheap. You can’t have all three. Pick two.” I believe this is a corrosive mindset, used by bureaucrats to justify mediocrity, or used by people who are afraid of failure to set the bar low enough so they feel comfortable in their daily lives.
I’ve often seen the reverse, that many of the best consumer products were fast, good and cheap to create. Those products were created by people who were very talented or very focused, and certainly none of them were dragging around this self limiting belief that you have to pick only two.