this post was submitted on 12 Nov 2023
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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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[–] iamrare20@alien.top 1 points 1 year ago

I'd find a way to start a cigarette factory business that distributes them to different businesses in my country growing into becoming a global success but with the first million I receive as a payout to myself I would start a book of how to become successful (it's ridiculous how such books sell) and distribute it globally with the fan base iv built from my now globally distributing massive business By now all this might have happened in a span of 6 years now being very wealthy but not the richest I start buying the biggest farms in the world that supplies the goods to commercial companies increasing my wealth

By now I can do what I want I start tracking down all owners of billion dollar companies whilst they on there lowest and Need funding I pay them well enough to sign the patents over and I launch them until they become worth there billions giving them enough power to run on the Us30 stocks when thats done I plan a 911 (note this is a fictionional story) removing all those billions into an offshore account at more or less the same time before the planes would hit the buildings when that finished( this might not be on the same day the real event happened it would be earlier then that)

By now I'm a billionaire one of the richest in the world

Now I start to buy land where there's oil and gold and start a oil chain supply and sell gold goods to manufacturing businesses start myself a small Dubai with its own currency thats economy runs on oil when that's done

I start investing 1000 times more money then what buffet invested in the same stocks he did and that how I would end up becoming maybe a trillionaire