Meaning of the word "the second mouse gets the cheese" in English

What does "the second mouse gets the cheese" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

the second mouse gets the cheese

US /ðə ˈsek.ənd maʊs ɡets ðə tʃiːz/
UK /ðə ˈsek.ənd maʊs ɡets ðə tʃiːz/
"the second mouse gets the cheese" picture

Idiom

a proverb meaning that while the first person to try something may fail or face danger, the person who follows them often succeeds or benefits from the situation

Example:
The first startup failed, but the competitor succeeded; sometimes the second mouse gets the cheese.
Don't rush into the new market; remember that the second mouse gets the cheese.