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Startup Lessons from the Edge of a Torn and Bloodied Map

June 17, 2025

By Michael Penwarden

The original startup kings weren’t wearing suits in boardrooms. They were vision-drunk madmen with compasses in one hand and scabbards in the other. Think Magellan and Shackleton: They sailed into the void with incomplete maps, unreliable crews, and the kind of audacity that makes gods nervous.

Some died for their dreams. Many changed the world anyway.


Vision Beats Consensus

Ferdinand Magellan didn’t poll focus groups before pitching the impossible: sail west to reach the East. The man was so committed to this lunatic idea that when the cook’s spear found his ribs, his crew still finished what he started. First circumnavigation of the globe. Job done.

Founders, carve this into your compass: You don’t need everyone to believe. You need one strong “yes” and the steel to keep sailing when the committee votes you insane. And you need to do everything in your power to keep that one precious “yes” at your back.

Vision isn’t a slide deck. It’s what keeps your needle steady when the GPS goes dark and the edge of the world looms.


Lead Like Lives Depend on It

Ernest Shackleton never reached the South Pole. The Antarctic ice swallowed his ship whole and turned his expedition into a two-year survival nightmare. But he brought every man home alive.

Not because he had the perfect plan. Because he was the plan.

When their world became a frozen hell, Shackleton didn’t retreat to his captain’s quarters. He slept with his men. Shared their rations. Made decisions in real-time with incomplete information and absolute responsibility. He was calm when they needed calm, fierce when they needed fight, human when they needed hope.

Modern translation: When your startup hits the iceberg — and it will — your team doesn’t need your certainty. They need your presence. Your courage. Your willingness to navigate by stars when the instruments fail.

That’s what separates founders from managers. Managers optimize systems. Founders become the system when everything else breaks.


Choose Crew Over Credentials

Shackleton’s recruitment ad read like a death wish:

“Men wanted for hazardous journey.
Small wages, bitter cold, long months of complete darkness, constant danger, safe return doubtful.
Honor and recognition in case of success.”

He got 5,000 applicants.

He didn’t pick the ones with the best résumés. He picked the ones who grinned when he described the dangers. Who had humor in their bones and adaptability in their blood. He knew he’d be sharing a lifeboat with these men for months. He needed shipmates, not just sailors.

Your early hires aren’t employees. They’re expedition partners. Hire for heart, not just skill. For the kind of people who get excited by impossible missions and stay steady when the rations run low.

Because when your venture capital runs out and your product launch fails spectacularly, you don’t want a team of fair-weather professionals. You want pirates.


The Edge Is the Point

Both explorers faced certain death. Storms that could snap ships like kindling. Crews that threatened mutiny at every hardship. Months of darkness with no communication home.

They kept going anyway.

Not because they were reckless. Because the mission demanded it. Because someone had to sail beyond the edge of the known world, and they were willing to be that someone.

Startups feel like this daily. You’ll get rejected by investors who don’t understand your vision. Copied by competitors with deeper pockets. Ghosted by customers you thought were committed. You’ll burn through savings and sleep and sanity.

You’ll wonder if you’re delusional.

Good. That’s the test. Can you keep sailing when the dream fogs over, the crew grumbles, and your map dissolves in your hands?

The founders who survive aren’t the ones who avoid the storm. They’re the ones who learned to navigate by lightning.


Story Is Strategy

Magellan convinced a king to fund madness. Shackleton recruited men for a suicide mission with a newspaper ad. Both raised capital, rallied crews, and carved their names into history through the power of narrative.

Your pitch isn’t just for funding rounds. It’s for forging belief. For turning skeptics into believers and believers into evangelists.

If your story doesn’t stir blood and build trust, your venture will sink before it clears harbor.


Founders Are the New Explorers

Right now, we’re putting the finishing touches on Boatswain, a bold new take on the best ways to use the best brains and the best tech to support founders on their journey. Fast and smart.

After all, you don’t need some fancy consultant to hand you a business plan and wish you luck. Instead, like the commissioned officers we named our company after, we grab the lines and trim the sails so you can stay focused on the horizon, the compass, and the map.

We believe startups are expeditions, not spreadsheets. That building something that’s never been built requires the heart of an explorer, not just the mind of an analyst.

So if you’re setting out to create what doesn’t exist, take heart. The edge of the world is terrifying.

It’s also where the magic lives.

Chart your course.
Choose your crew.
Set sail for the impossible.

We’re standing by to scan the horizon beside you.
—Boatswain: We Help Founders Become Captains