Showing posts with label Innovation. Show all posts
Showing posts with label Innovation. Show all posts

Saturday, September 28, 2013

FedEx Founder Got "C" on His Term Paper (concept of FedEx)!!


The idea behind FedEx Express founded by Federick W. Smith, who entered Yale University in 1962. I was fascinated to know the fact that when Fred was attending at Yale University, he wrote a term paper for his economics class regarding of overnight shipping service in the computer age, and he got a "C." His professor who gave him "C" told Federick that the idea wasn't feasible. 

Now, FedEx is an American global courier Services, and named by fortune magazine as one of the top 100 companies to work in 2013! look at these company's 2012 financial facts. 

The only reason I stated these stat just to show you the fact that when you have passion and genuine intention to make something, you might not be disappointed in long run. Of course there might be lots of obstacle as the founder, Federick faced on his undergraduate economics term paper in which he received only "C". But I believe even though he got "C" it didn't stop him from follow his passion and establish his idea into an awesome reality. 



Source: * "FedEx Corporation, Inc 2012 Annual Report, Form 10-K, Filing Date July 16, 2012". secdatabase.com. Retrieved Dec 26, 2012.

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