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?
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.