Are You a The First Mover Entrepreneur?
The First Mover is comfortable going first into unknown situations without any guidebook or example to follow. The problem is that your idea might be right but the timing might be wrong, and then your income has to wait for a market that you cannot control. You could be right for years and still not make money.
What this means
You are comfortable going first into situations that are unclear and confusing. You can move forward without having a clear guidebook or example to follow and you still manage to create a direction. You are often early to notice trends that other people do not believe in yet. This can give you a very big advantage, but only if you keep working on it steadily over time. Your problem is timing and getting other people to believe in what you are doing. You need to bring your team and your market ...
Key traits
- Work Style: Explores alone first, then builds a team
- Decision Making: Own belief over what the crowd thinks
- Motivation: Building what does not exist yet
- Leadership Style: Ahead of the room, sees things first
- Communication: Talks about the future, gets people excited
- Risk Tolerance: Very high - goes first into unknown
Business model fit
- Deep tech and R&D
- Category creation
- Frontier markets
- Mission-driven moonshots
Famous examples
- Nikola Tesla
- Elon Musk
- Steve Wozniak
- Marc Andreessen
Read practical entrepreneur guides in our blog.
Other archetypes: