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

1960 you’d either want to start an oil company to take advantage of the growing auto industry/car dependency, or you’d want to get an early start on a computer company, sell to NASA during the space race and use that publicity to advertise home computers.

In 1994, I think I’d start a business similar to shipt. That way you can sell stuff directly to peoples doors without having to invest in inventory or warehouse space.