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?
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.