Ep 242 · Asked by Maya Lindqvist ·
What's a business term you think every founder gets wrong?
2 answers
Ep 242 · Asked by Maya Lindqvist ·
Mine is "first-mover advantage." Being first is usually a disadvantage — you pay to educate the market and someone else walks through the door you opened. Durable winners are very often fast followers, not first movers.
Follow-up questions