Building in "stealth mode" is the DUMBEST thing a startup founder can do. Here are the top 6 reasons why building in stealth mode is a rookie mistake (and why I won't sign your NDA): 1. No one is going to steal your idea. Anybody who is capable of executing your idea is already busy doing something else that they believe is more valuable than whatever you share with them. Don’t make people sign NDA’s to talk to you. It makes it clear that you don’t know what you’re doing. 2. You NEED feedback. People farther along in their journey can often help you avoid mistakes that all entrepreneurs make (and you will make, too!). More importantly, you need to be speaking to your ideal customer profile to figure out if your product is even valuable. 3. Ideas are like assh*les. Everybody’s got one. Furthermore, this is hard to believe, but someone is definitely working on whatever your idea is already (if it’s even a halfway-decent idea). That’s just the world we live in. 4. Ideas are just multipliers of execution. Jeff Bezos and Elon Musk created trillion dollar companies through being the best at execution. Many others had the ideas of online bookstores, electric cars, and rich guys have been trying to go to space (unsuccessfully) forever. A great idea makes great execution go even faster, but is worth nothing on its own. 5. Building in stealth increases the risk of your startup to a point where you will almost certainly fail. Please read “Four Steps to the Epiphany” by Steve Blank. The ONLY shot a startup founder has is to follow the method in this book. You must be developing the customers for your product simultaneously with the product itself. If no one will buy what you are building, you must stop and start over. The sooner you find out the better. There’s no way to find that out in “stealth mode”. 6. Our intuition is a terrible indicator of market viability. You simply have no idea what the market is going to want, with the one exception of you building something to solve your own problem. However, that is still a market of one, and you need to go out and validate that others have the same problem to even have a SHOT at succeeding. TAKEAWAY: Don’t build in stealth mode. Go get feedback from your ideal prospects. Talk to founders who are more experienced than you. Build up your customer base before you start building your product. Read “Four Steps to the Epiphany”, and treat it as Gospel. But please, pretty please, above ALL ELSE… Don’t ask me to sign an NDA to hear about your “idea”.
Adam Robinson Ideas are easy to copy. Execution, timing and obsession aren’t. That’s what makes a startup defensible. Not a NDA
Stealth mode isn’t strategy. It’s insecurity disguised as innovation.
Feedback is the real accelerant, and the sooner founders learn to expose ideas to friction, the faster they evolve.
Spot on! Ideas aren’t worth the napkin they are scribbled on without execution.
Yes, this! Without market feedback you have so many assumptions... many/most of them wrong, and you won't know which ones until much later - when you've invested $$$ into building the wrong thing. We did heavy customer validation work with Wynter before launching the MVP, and still got core assumptions wrong. We pivoted 6 months later thanks to market feedback, and have been growing since.
FINALLY! Someone saying it! :)
Stealth mode really is silly. Instead, build in public.
Most founders building in stealth do it for some combo of the following: 1. Plan to fundraise and want information/perception asymmetry 2. Perceive their space as competitive and don't want to be on the board yet 3. Feel they have stuff to figure out before they start "doing marketing" I have my own gripes w/ the above reasons, but it only works when you are: 1. Very well-capitalized from the get-go (rare) 2. Are aligned with investors on expectations around initial R&D plan + GTM 3. Are working closely with a group of early customers/design partners
Try building in public (whilst in stealth), like I am 😃
CEO @ yonoma.io | Turn SaaS trials into paying customers
1w"Building in stealth mode" = spending 18 months perfecting your logo, landing page, and pitch deck for a product nobody asked for.