Who has more advantage, the first mover or the fast mover?

Replies

Kate Chasten
Isn't the one who moves first is also the one who moves fast?
Judith Amarachi 💙
Not always, @kate_chasten There are a lot of first-movers that ended up losing their market shares to fast-movers. A first mover can remain fast, provided they are up and doing with their strategies, implementation and product iteration.
Eden
i think fast! most of the biggest companies we know of today (Google, Microsoft, Meta) were not the first but they were definitely fast
Judith Amarachi 💙
I agree with you @entreeden It's not always about being the first, but being fast enough to spot opportunities and go for them.