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You're transported back in time to 1994. How do you outcompete Amazon? (alien.top)

submitted 1 year ago by IndolentInsolent@alien.top to c/entrepreneur@indiehackers.space

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You're transported back to 1994 with all your current knowledge and $50,000. Your goal is to create the world's biggest online shopping company.

How do you go about it?

As a further thought experiment, if you travelled back to 1960 with all your current knowledge and the goal of becoming the richest person on earth, what businesses would you start?

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[–] Code4Kicks@alien.top 1 points 1 year ago

Amazon is less a store than it is a marketplace connecting buyers and sellers and taking a piece from everyone than it is a store. What I do is build a platform and service to do the same with Service Merchandise who could have dominated the industry. Business takes 5% of every sale. 50k only works since I’m a dev and could build in India.