A Yale University management professor in response to student Fred Smith's paper proposing reliable overnight delivery service: The concept is interesting and well-formed, but in order to earn better than a 'C', the idea must be feasible. Frederick W. Smith conceptdeliveryearn share on social
There is no free market for oil. It's controlled by a cartel, OPEC. Frederick W. Smith cartelcontrolfree Change image and share on social
My four years in the Marine Corps left me with an indelible understanding of the value of leadership skills. Frederick W. Smith corpsindelibleleadership Change image and share on social
Beginning in 1973 and then acts in '77, '78, 1980, 1994 and then into the 21st century in the international arena, governments have steadily gotten out of the transportation business. Frederick W. Smith 21stactarena Change image and share on social
My innovation involved taking an idea from the telecommunications and banking industries, and applying that idea to transportation business. Frederick W. Smith applybankbusiness Change image and share on social
The biggest part of our business has always been moving things, not paper. With the Internet, people in Mississippi can buy things from Macedonia, without regard to time or place or quantity. Frederick W. Smith bigbusinessbuy Change image and share on social
I'm not afraid to take a swing and miss. Frederick W. Smith afraidmisswing Change image and share on social
The tax rate of 35 percent is impossible to provide an incentive to the large corporations, that have $1.7 trillion offshore, to put their money back in the United States. Frederick W. Smith backcorporationimpossible Change image and share on social
Leadership is simply the ability of an individual to coalesce the efforts of other individuals toward achieving common goals. It boils down to looking after your people and ensuring that, from top to bottom, everyone feels part of the team. Frederick W. Smith abilityachieveboil share on social
The United States tax system today is very prejudiced towards financialization, leverage, and lack of investment. Frederick W. Smith financializationinvestmentlack Change image and share on social
