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?
1994 I’d put everything into the online store and advertising, and I’d burn the phone lines down between me and the post office / UPS / FedEx, and the Waltons. I’d be digging 100% of the time for freight and warehousing and logistics and investors.
1960 I’d go into real estate, which is a lot of work but easily the most lucrative business a determined person can use to make significant money consistently.
Also I’d bet on every World Series and Super Bowl between then and now.
Also I’d bang Sherry when I had that one shot.