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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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[–] Zito101101@alien.top 1 points 1 year ago

Bezos has the vision of what it should be and the path to getting there is kinda clear.

If you’re stumbling in the dark and you know a date and dollar amount you’ll feel like failing even when you’re not.

The main key is don’t give up the equity for money and lose control of the wheel