Fred Smith

 


Fred Smith started a small delivery business in 1971. It was tough at first, and at one point he was so low on cash, he couldn’t afford to fuel the planes to make the deliveries.  Fred took his last $5,000 and flew to Las Vegas. He was determined to get enough money to keep his company afloat.


While there, he turned his $5,000 into $27,000 and managed to keep the company going so he could afford to cover his fuel bills. Today that company isn’t so small anymore. It’s worth about $5 billion. You may have heard of it. It’s called FedEx.

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