A Smart Bear · Jason Cohen
articleprincipleWhen being "first" is not a competitive advantage
2 June 2024Profit
Source excerpt
About A Smart BearIs it good to be "first?" It seems so -- what's the point of being a copycat? While "first" sounds impressive, in reality it's often not an advantage.
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Apollo layer
What a founder can learn
Founder takeaway
Treat being first as a timing fact, not a defensible advantage. Before committing resources, identify what will make your position durable when competitors arrive—such as differentiated customer value, stronger distribution, or accumulated learning.
Why it matters
Founders can mistake novelty for defensibility and underinvest in the capabilities that sustain an advantage. Separating launch order from lasting customer preference leads to better strategic choices.
Relevant guides
Put it to work
Complete this sentence: “When competitors copy our idea, customers will still choose us because ___.” If the answer depends only on launching first, revisit your strategy.