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References ·April 12, 2026 ·reference

FedEx

Overnight delivery company founded in 1971 by Fred Smith, famous for the "hub and spoke" logistics model and for nearly dying in its first year — a legendary story has Smith taking the company's last $5,000 to a blackjack table to cover a fuel bill. For founders, FedEx is a reference on operational innovation (the hub-and-spoke was genuinely novel), the compounding value of a brand promise ("when it absolutely, positively has to be there overnight"), and the thin line between conviction and recklessness in early-stage leadership.

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