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

If I were transported back to 1960 with all my current knowledge, I wouldn't try to get rich. I'd make sure I was set up reasonably well financially of course, but I wouldn't bother getting rich. Once I knew I was set financially, I'd go all in on playing up the crazed but extremely accurate prophet angle. I do not dream of riches. I dream of acting weird on Ed Sullivan.