Fred Smith of FedEx
Bert, true to his word, told me a short story about Fred Smith, the founder of FedEx. Apparently there was this time early on during the company's history when the company needed 15K in payroll, but only had 4K in its reserves. To prevent the company from going under, Fred Smith went to Vegas and played blackjack for a weekend ... thus making 25K and saving the company.
What a man! It sounds like something I was doing a few months ago (oops!).
So I read up more on this fascinating character, and came out with this quote:
Today that paper is kind of famous, and it's because of a careless comment I once made. I was asked what grade I got on it, and I stupidly said, 'I guess I got my usual gentlemanly C.' That stuck, and it's become a well-known story because everybody likes to flout authority. But to be honest, I don't really remember what grade I got. I probably didn't get a very good one, though, because it wasn't a well-thought-out paper.
Does this sound like someone YOU know? HAH! IF THIS IS ANY INDICATION, I'M GOING TO BE RICH IN THE FUTURE. RRRIIIICCCCHHH!
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MacDaddyTatsu (guest)
bert
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"Part of FedEx lore tells how Fred Smith couldn't make payroll until he won almost $29,000 at a Las Vegas blackjack table in a move that saved the company. "
bert
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