DZone Database Zone
Lessons From FedEx to the Data Center Industry
In 1965, Yale undergrad Fred Smith’s term paper advanced the then unheard of idea of an overnight, aviation delivery service. But the paper was called unrealistic by his professor and the young student received a C grade. Undaunted, Smith held the idea close and upon returning from two tours in Vietnam with the Marine Corps, he secured an astonishing $91 million in funding and launched Federal Express.
Much of Smith’s story is the stuff of entrepreneurial legend — from thumbing his nose at a skeptical professor to saving the company from bankruptcy with blackjack winnings in Vegas. How did the tenacious entrepreneur build one of the most reputable brands in the world? Through consistently out-innovating his competitors.
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