What does the cryptic crossword clue "I do business with first Walter Mitty type (8)" mean?

This cryptic clue uses wordplay to arrive at the answer. Visit the page for progressive hints — definition, wordplay type, and a full step-by-step explanation.

I do business with first Walter Mitty type (8)

Daily Mail Cryptic #16234 | 1 Across | 2020-01-22

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