Entrepreneur

Amazon had people who were gonna back it while it lost money for years. As far as I know they were a pioneer in this. There is no “out compete” when your competitors are losing money on purpose lol

Why would you start a business when you have the benefit of knowing the future of the stock market? Buy Amazon early and often and live life.

look ,if you go back in time just invest in bitcoin don't bother with anything else.

Start a Web Services company and get as much market share as possible before AWS is even a thing. Let them sell a bunch of drop shipped crap from China, I’m good on that side of the business.

I would have just befriended Bezos and become an early investor, then invest into bitcoin at inception and help the world convert to bitcoin and get off the inferior fiat currencies.

If you went back with tens of millions, you could buy a board seat with Sears and not let their management loot the place.

Well, he go a loan from his parents for $250,000, so it would be hard to compete with him.

Why do all that work? $50,000 even at $1 a Bitcoin. You would be close to 2 billion right now. 3 Billion if you sold at the last peak.

Easy I would shoot Jeff bezos and take over the company.

Move to Seattle and beat up bezzos every time I see him. Get progressively more brutal and tell him I'll stop if he gets out of business and gives all his money to charity. Follow up every 5 years or so with a beat down for good measure and tell him this is for in case he thinks I've forgotten and thinks he can go back into business. Also make him work at borders.

I wouldn’t.

If I had that money with that knowledge, I’d find Bezos and invest all of it for as much equity as possible.

Then just sit back and reap the rewards without the work.

Even if I knew what Amazon would become and had some cash to start, I would also know that I’d be going up against one of the most fierce entrepreneurs of this time.

I think even in this situation, almost no one would beat him.

In 1960, I set out to become the wealthiest person on Earth and I put all my money into AI technology.

OP asks how you create the biggest online shopping experience and everyone replies with ‘invest in Bitcoin’.

🤡s

Musk rat your way into Amazon and buy 51% of the shares.

Amazon is less a store than it is a marketplace connecting buyers and sellers and taking a piece from everyone than it is a store. What I do is build a platform and service to do the same with Service Merchandise who could have dominated the industry. Business takes 5% of every sale. 50k only works since I’m a dev and could build in India.

Irony. I actually started an online store in 1994, but i sucked at marketing so i shut it down.

Id be better at marketing now.

I’d do everything bezos did, but immediately run a tech route to get ahead of Apples iPhone iPad etc.

If I were transported back to 1960 with all my current knowledge, I wouldn't try to get rich. I'd make sure I was set up reasonably well financially of course, but I wouldn't bother getting rich. Once I knew I was set financially, I'd go all in on playing up the crazed but extremely accurate prophet angle. I do not dream of riches. I dream of acting weird on Ed Sullivan.

Buy the domain name “pornhub.com” and get to work

You’re overlooking the fact that a huge component of Amazons profitability is web services.

If your goal was to “beat them”…best bet would be to start something like Walmart of leverage your physical infrastructure to become the biggest online retailer as well as brick and mortar retailer.

Put a hit out on bezos for $40,000. Use the rest to make a worse version of Amazon.

You don’t. Money is a tiny factor of success.

I would allow like a legal bidding kind of like what but more set up and scheduled like a real auction.

Also, one reason Amazon beats its competition is prime and delivery methods.

I would set up my own trucking system that includes drone deliveries and local stations to get items delivered in like 30 minutes.

I would make categories in shopping like little boxes you can shop through for specific items.

Customer service training would be a requirement for my workers.

I would allow for mark down on items for in person shopping days through out the month. These times would vary and it would be like a black Friday situation.

I would add a flipping event. Like how people buy shoes and flip them.

I would add a sports betting branch

I would get ahead of the things they did really well early in terms of building a large marketplace with third patty sellers and not waste t8me on an auction site. That and their Advantage program for booksellers, would allow them to invest in the platform and make vendors pay for their warehouses and logistics

I wouldn't compete. I'd become a drop shipper before its overcrowded, and invest in Amazon with my profits.

Ask Sears how they did it before Amazon.

I would start by sending the T800 after Bezos.

only better niche i can think of than books is movies. the great part about books and movies is that the catalog is giant. so giant that a bookstore can’t hold all books and a blockbuster can’t hold all movies. I would do basically the same thing that amazon did at the start but with movies because I think I can get a better margin on them.

Once movies takes off I think the best option is to make my own version of prime early. subscriptions were still new and getting people on early is the way. offer free shipping and maybe include a free movie once a month.

use movies to expand into streaming and other goods at the same time.

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

I'd invest 50,000 into Amazon. Fuck trying to beat bezos, he's got a good idea.

Back to 1960 would be easier than 1994 as $50k will go much further in 1960 than 1994. With my current knowledge on metals and alloys I would contract to MIT to build a CNC Mill (as they started working on one in 1952 and patented the design in 1958, I would have them make a set up to make valve keepers (for engines) and sell bulk keepers to Toyota and Honda for much cheaper than they could currently get them for, I would also sell to the USA three (Ford, GM, and Dymler) and have a factory in Germany to supply to the European cars (I would have 5 or 6 different companies under one unrelated umbrella so the US companies would not think they are buying from a Japanese supplier or European supplier (and Germany buying from Japan’s company) but in reality I would get all the work. So if you math out, every engine with valves gets 2 keepers per valve if they are sold in bulk for $0.005 per keeper and they spit out 100,000 cars annually with 6 cylinders (2 valves per cylinder, I’m using 6 to average the v10 and also the single cylinder small engines I feel that this is fair or on the low side especially with the US big V8’s) so that’s about $95,000 annually. Within 3 years I have insane production to meet demand, and I would lock them all in with a 15 year contract or so and then if someone wants to under cut my contract at the end I would reduce the price at a larger volume to $0.002.

The next company in 1965 would be Ethernet cabling for networking, and patent the RJ45 connector, we would work with MIT and CalTec to get computers to talk and listen and communicate. The fax machine was invented in the late 1800’s so that would be the jumping off point.

I would be working with IBM (at this point I would be a big player in their field) and I would hire Bill Gates and contract him to work with IBM on Software for IBM business machines and give resources for personal computers. And at California Tech I would see Steve Jobs and Steve Was with the Apple One and have them work on hardware for computers. I would own both these companies (under different names and umbrellas).

In 1970 I would have a nice war chest of money and technology. I would work on the electrical side of vehicles to eliminate a carburetor and replace with fuel injection, on my new car line (pick a name that’s not important), I would be set up for having a very fuel efficient vehicle just in time for the US oil embargo. And add active fuel management (cylinder delete) so we could even see 55 miles per gallon on highway driving. We would work on hybrid technology and have these cars for the masses.

I feel that I should buy land in current Dubai and start developing.

That’s probably good.

You steal/woo away Jeff's partner.

Regulatory capture. Once they double down on books you regulate online book sales through government lobby and crush their free market spirit!!! Big book wins, big tech never happens and Barnes and noble rules the future.

Easy I goto a power house retailer like SEARS and explain this is the future to them! They tried but it was too late by the time they got on the online bandwagon.

Be Sears, but with email and online ordering.

just checking to see if this account can post comments

Just buy the stock bro dum ideA

Dude was a quant. People forget how smart he actually was with numbers and science outside of his work ethic. I wouldn’t want to compete with that

I wouldn't do jack squat, I will just wit to link up with Bill gates , Jef Besos, Elon and all the founders of the most valuable tech companies in the world and be an angel investor at the founding of their respective companies, fast forward 2023 I will be among the top 20 richest people in the world.

When I worked at Walmart corporate, I tried to build some momentum around competing with prime circa 2007, by using every store as a distribution hub and by virtue of bein 15 minutes away from 95% of Americans, offer a 2 hr guarenteed delivery.

Now they are trying to do that, but it’s 15 years too late.

All my current knowledge? Do I have time to learn more about Amazon and how they did things? Cause I think I'd aim for exactly what they are doing but with the better understanding I have of the web and how it will work in the future.

By disrupting the market. Also having a limited liability or S Corp! With that 50k I would payback all my loans from banks and 2 days earlier at that! Also I would network and have a targeted audience by location, climate, and cost of living. Also I would have created a brand with new styles.. And yes, lady models mostly. I'd Take the background other than a personal all black brand for the click!

You'd need more money, amazon achieved dominance by buying out competitors and supressing prices. They had a long enough runaway to not make profit for years and continue anticompetitive tactics. With 50k, your only bet would be to buy Amazon stock.

I mean you don’t go all in on the online shopping. You patent anything and everything around cloud compute and then when you own the real revenue generator you can buy Amazon. Retail and online shopping is not the reason Jeff Bezos is Jeff Bezos.

I leverage my knowledge of the future to get very rich betting on stocks and sports.

Fuck working, easy money is best money.