Economy
Why being first can give rivals the advantage
HERE’S THE INTERESTING PART
Everyone worships the visionary who invents a new market, but reality favors the second-mover advantage. The pioneer spends massive fortunes educating consumers, debugging the prototype, and making brutal mistakes. Then, a fast follower swoops in, copies the exact blueprint, avoids the pitfalls, and comfortably monopolizes the entire industry.
One discovery leads to another.
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