Your on a fishing trip in the spring when a storm brews. A bolt of lightning comes out of nowhere. Your ship gets water in it and starts on fire. Stay at the island till another ship comes or will there? Try to find chests from ship accidents from the past. Also there is a hidden room a couple blocks down under something.

What you need to do is,
1. Grown 5 trees
2. Make a home
3. Find a cavern and a dungeon
4. Make a wheat farm
5. Try to get a full iron set

Additional Notes

No Mods Or Hacks!!!
Do not go beyond the island!