Burn the Boats: The Best Advice I Ever ReceivedRead this on victoriaprew.com​ Read time: 3.5 minutes Happy Monday. Last year my CEO Coach gave me some advice I haven't stopped thinking about. We were talking about going all-in on a new direction versus sitting on the fence. He looked at me and said: "Make a decision either way and then burn the boats." Not a suggestion. A clear instruction. I knew the story. It's well known amongst entrepreneurs. Hernan Cortes, 1519, landing in Mexico with 600 men and an impossible objective. He ordered the ships destroyed. Not moored in a safe harbour. Destroyed. The logic was simple: those who cannot retreat will find a way to advance. TODAY AT A GLANCE
[the concept] What Burning the Boats Actually RequiresIt is not a mindset shift. The internet has turned this quote into one. There are hundreds of motivational videos explaining that burning the boats means believing in yourself so fully that failure is not an option. That is not what Cortes did. He did not give a speech about conviction. He organised the physical removal of the alternative. Burning the boats is an operational decision. It looks like this:
These feel irreversible because they are. That is the point. The discomfort of burning the boats is not incidental to the strategy. It is the strategy. The feeling of fear and a high degree of personal conviction in a next-step is one of the highest-performance fuels available to a founder. [the framework] Commitment ArchitectureCommitment Architecture is the deliberate structure you build around a decision to make retreat genuinely costly. Here is how I would tackle each one.
[the lesson] The New Land Is Hostile. That Is the Point.Here is the thing about new land: it is genuinely hostile. The market does not know you. The customer does not trust you. The model is unproven. Every one of those problems is solvable, but only if you are fully on shore, looking forward, with no reason to look back at the horizon. The founders still operating at full capacity in their 50s and 60s made one specific decision in their 40s that most others did not. They stopped maintaining exits. They stopped hedging their most important positions. They made the primary thing the only thing, structurally rather than aspirationally, and then they got very good at it. When I finally made the decision, my coach did not congratulate me. He said: "Now we can start." Not when I decided to. When I actually did it. The boat-burning is not the work. It is the prerequisite for the work. Until next week, Victoria |
Victoria Prew is an award-winning entrepreneur and CEO who has raised over $10M in venture capital funding (when 2% of VC goes to female founders), scaling tech-first marketplace HURR to become a UK revenue leader.