What do folks think of Rule 42 (slide 18)? "Being first is more important than being best." Specifically in light of recent discussions about Instagram and 'being first' [1]
What do folks think of Rule 42 (slide 18)? "Being first is more important than being best." Specifically in light of recent discussions about Instagram and 'being first' [1]
I'm fairly sure that the first iPhone camera shipped out of the box with the ability to snap a photo and then email it to a list of your friends. I'm sure that there was a way to post an iPhone photo to Facebook. But in the next five years when two dozen Instagram clones get founded, flail, and die, we will be told that they failed because Instagram was the "first" to "really" get mobile photo sharing. Where "really get" is defined circularly: We know that Instagram was the first to have it, because no earlier company managed to become Instagram.
Similarly: The IBM PC was not among the first PCs to hit the market, the iPhone was not the first smartphone with a touch screen, Facebook was not the first social network, Dropbox was not the first way to sync files between computers, Amazon was neither the first online retailer nor the first online retailer of books:
http://www.joelonsoftware.com/articles/fog0000000044.html
More classic examples: Singer didn't build the first sewing machine, neither Swan nor Edison built the first electric light bulb, Henry Ford was far from the first automobile manufacturer (but he was "first" in several other things, which are now known to have been vitally important, because they formed the basis of… the very successful Ford Motor Company!)
One could probably rephrase the rule to make it more useful. (Perhaps a variation on the classic "nobody ever got fired for buying the industry standard"?) But it's surprisingly hard. The subject resists glib generalization. I'd just pay more attention to the other rules. ;)
Thanks for an excellent post.
That's what I would say. Being first is good, because you can capture the market, hence making it difficult for users to switch.