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First Mover: Definition, Advantages, Example

By Lyle Daly – Updated Jan 23, 2025 at 9:26PM

Key Points

  • First movers often capture a significant market share and establish brand dominance.
  • Investing in established first movers is generally safer than trying to find new ones.
  • Some companies have seen explosive growth because of the first-mover advantage, but there are also risks and drawbacks.
Key findings are powered by ChatGPT and based solely off the content from this article. Findings are reviewed by our editorial team. The author and editors take ultimate responsibility for the content.

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