diff --git a/src/routes/open/components/Layout.jsx b/src/routes/open/components/Layout.jsx
index 0e6a30e5..800c43aa 100644
--- a/src/routes/open/components/Layout.jsx
+++ b/src/routes/open/components/Layout.jsx
@@ -13,10 +13,10 @@ import { getOwnerNameBy, getOwnerAddressBy, FIELD_CONFIRMATIONS } from '~/routes
 import { history } from '~/store'
 import { secondary } from '~/theme/variables'
 
-const getSteps = () => ['Start', 'Owners and confirmations', 'Review']
+const getSteps = () => ['Name', 'Owners and confirmations', 'Review']
 
 const initialValuesFrom = (userAccount: string) => ({
-  [getOwnerNameBy(0)]: 'My Metamask (me)',
+  [getOwnerNameBy(0)]: 'My Wallet',
   [getOwnerAddressBy(0)]: userAccount,
   [FIELD_CONFIRMATIONS]: '1',
 })
diff --git a/src/routes/open/components/SafeOwnersConfirmationsForm/index.jsx b/src/routes/open/components/SafeOwnersConfirmationsForm/index.jsx
index 126c94cc..54b6ac95 100644
--- a/src/routes/open/components/SafeOwnersConfirmationsForm/index.jsx
+++ b/src/routes/open/components/SafeOwnersConfirmationsForm/index.jsx
@@ -109,7 +109,13 @@ const SafeOwners = (props: Props) => {
     <>
       <Block className={classes.title}>
         <Paragraph noMargin size="md" color="primary">
-          Specify the owners of the Safe.
+          Your Safe will have one or more owners. We have prefilled the first owner with your connected wallet details,
+          but you are free to change this to a different owner.
+          <br />
+          <br />
+          Add additional owners (e.g. wallets of your teammates) and specify how many of them have to confirm a
+          transaction before it gets executed. In general, the more confirmations required, the more secure is your
+          Safe.
         </Paragraph>
       </Block>
       <Hairline />