Boil the potatoes for 20 minutes, then set them in cold water to cool down.
Brown the bacon in a pan and set aside. Add the onions and sauté them in the bacon grease until they become translucent. Remove the onions and add the potatoes to the bacon grease. Cook them until they are browned, the return the bacon and onions to the pan and cook for an additional 5 minutes and serve.