EPISODE · Jun 30, 2025 · 3 MIN
Gamble #746
from From Chad · host Chad Smith
In 1973, facing eminent bankruptcy, FedEx founder Fred Smith gambled a few hundred dollars in Las Vegas and one enough to keep the company afloat for another week. This act of desperation exemplifies Smith’s audacious approach to building FedEx, marked by numerous risky decisions. Despite the challenges, Smith’s determination and vision led to FedEx’s success, employing half a million people worldwide.
What this episode covers
In 1973, facing eminent bankruptcy, FedEx founder Fred Smith gambled a few hundred dollars in Las Vegas and one enough to keep the company afloat for another week. This act of desperation exemplifies Smith’s audacious approach to building FedEx, marked by numerous risky decisions. Despite the challenges, Smith’s determination and vision led to FedEx’s success, employing half a million people worldwide.
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Gamble #746
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