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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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[–] Infamous-Method1035@alien.top 1 points 1 year ago

1994 I’d put everything into the online store and advertising, and I’d burn the phone lines down between me and the post office / UPS / FedEx, and the Waltons. I’d be digging 100% of the time for freight and warehousing and logistics and investors.

1960 I’d go into real estate, which is a lot of work but easily the most lucrative business a determined person can use to make significant money consistently.

Also I’d bet on every World Series and Super Bowl between then and now.

Also I’d bang Sherry when I had that one shot.