Spend significant time debating and mapping out a project's feasibility with a trusted group before starting to build. This internal stress-test is crucial for de-risking massive undertakings by ensuring there's a clear, plausible path to the end goal.

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The goal of early validation is not to confirm your genius, but to risk being proven wrong before committing resources. Negative feedback is a valuable outcome that prevents building the wrong product. It often reveals that the real opportunity is "a degree to the left" of the original idea.

To de-risk innovation, teams must avoid the trap of building easy foundational parts (the "pedestal") first. Drawing on Alphabet X's model, they should instead tackle the hardest, most uncertain challenge (the "monkey"). If the core problem is unsolvable, the pedestal is worthless.

While a formal plan is a useful artifact, the real benefit comes from the strategic thinking required to create it. The process of planning forces founders to clarify their 'why,' define their ideal customer, and strategize their market approach. This mental exercise is more valuable than the static document itself.

Contrary to popular belief, successful entrepreneurs are not reckless risk-takers. They are experts at systematically eliminating risk. They validate demand before building, structure deals to minimize capital outlay (e.g., leasing planes), and enter markets with weak competition. Their goal is to win with the least possible exposure.

Instead of defaulting to skepticism and looking for reasons why something won't work, the most productive starting point is to imagine how big and impactful a new idea could become. After exploring the optimistic case, you can then systematically address and mitigate the risks.

Large companies often identify an opportunity, create a solution based on an unproven assumption, and ship it without validating market demand. This leads to costly failures when the product doesn't solve a real user need, wasting millions of dollars and significant time.

Before starting a project, ask the team to imagine it has failed and write a story explaining why. This exercise in 'time travel' bypasses optimism bias and surfaces critical operational risks, resource gaps, and flawed assumptions that would otherwise be missed until it's too late.

Validate market demand by securing payment from customers before investing significant resources in building anything. This applies to software, hardware, and services, completely eliminating the risk of creating something nobody wants to buy.

To truly validate their idea, Moonshot AI's founders deliberately sought negative feedback. This approach of "trying to get the no's" ensures honest market signals, helping them avoid the trap of false positive validation from contacts who are just being polite.

Stop thinking of validation as a one-time step before you build. True validation is an ongoing process that applies to every business decision, from adding a feature to launching a new marketing channel. You are constantly validating until you sell the company.