this post was submitted on 12 Nov 2023
1 points (100.0% liked)

Entrepreneur

0 readers
1 users here now

Rules

Please feel free to provide evidence-based best practices, share a micro-victory, discuss strategy and concepts with a frame work, ask for feedback, and create professional conversation. Treat every post as if you're at work and representing the best version of yourself.

founded 1 year ago
MODERATORS
 

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?

you are viewing a single comment's thread
view the rest of the comments
[–] blingless8@alien.top 1 points 1 year ago

I wouldn't try to beat Amazon. I'd simply start building services they would need or acquire (aka the shovels during the gold rush).

  1. Storage/warehouse space close to major commercial transport hubs
  2. Software for logistics, mapping, delivery, inventory management etc
  3. Data centres (for AWS)
  4. Develop relationships with manufacturers to frontrun the drop shipping market
  5. Buy/license content to publish for KDP