Portuguese royal family
Strategic Concepts & Mechanics
Primary Evidence
"The Italian Columbus, who discovered the American continent, was denied assistance by the Portuguese royal family for his voyage and departed with the support of the Spanish royal family. Columbus was thus a manager, with the Spanish royal family acting as investor. This set up Columbus' business plan of "aiming for the New World with this type of ship on this route", and the Spanish royal family agreed to invest in it. Agreements were made in advance about the distribution of profits, with Columbus receiving 10% of the profits from the admiralship territories if successful, gaining a share of the profits in proportion to investment in future voyages, and acquiring lifelong admiral rights to the lands discovered. Thus, as a manager aiming for India, Columbus reached the American continent in 1492 with the investment from the royal family. The spoils taken in the New World were returned to the Spanish royal family as dividends."