How long does it take to create an overnight success? For Fred Smith, the first FedEx overnight package actually took eleven years to deliver…
In 1962, Fred wrote a paper for his economics class on the idea of an overnight delivery service. His professor gave him a ‘C’, saying “The concept is interesting and well-formed, but in order to earn better than a ‘C’, the idea must be feasible.”
Not ready to give up on the idea, when Fred was sent to Vietnam as a Marine, he studied the Air Force’s lo...
Published on April 24, 2016 23:55