{"id":1931,"date":"2013-05-20T17:04:43","date_gmt":"2013-05-20T17:04:43","guid":{"rendered":"https:\/\/startwp.logomaker.com\/blog\/2013\/05\/20\/8-quotes-for-small-business-from-fred-w-smith\/"},"modified":"2024-03-07T16:09:34","modified_gmt":"2024-03-07T16:09:34","slug":"8-quotes-for-small-business-from-fred-w-smith","status":"publish","type":"post","link":"https:\/\/startwp.logomaker.com\/blog\/8-quotes-for-small-business-from-fred-w-smith\/","title":{"rendered":"8 Quotes for Small Business from Fred W. Smith"},"content":{"rendered":"<p><a href=\"https:\/\/www.logomaker.com\/blog\/2013\/05\/20\/8-quotes-for-small-business-from-fred-w-smith\/fred-w-smith-small-business-quotes\/\" rel=\"attachment wp-att-3871\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-3871\" src=\"https:\/\/startwp.logomaker.com\/wp-content\/uploads\/2013\/05\/Fred-W-Smith-Small-Business-Quotes.jpg\" alt=\"Fred W Smith Small Business Quotes\" width=\"300\" height=\"300\"><\/a>Even if you aren\u2019t familiar with his name, you are no doubt familiar with his company. His purple and orange trucks and planes are seemingly everywhere. And the <a href=\"http:\/\/www.youtube.com\/watch?v=NeK5ZjtpO-M\" target=\"_blank\" aria-label=\"(Opens a new window)\" rel=\"noopener\">quirky commercials from the 1980s featuring fast-talking Joe Moschitta<\/a> made his company\u2019s tagline one of the most familiar in the world: \u201cwhen it absolutely, positively has to be there over night.\u201d<\/p>\n<p>As a student at Yale University in the 1960s, Fred Smith wrote a paper for an economics class that outlined his ideas for creating an overnight delivery service. Although the story may be apocryphal, it is said that the professor gave the paper a \u201cC\u201d because the idea wasn\u2019t feasible. That paper became the blueprint for creating FedEx.<\/p>\n<p>In 1971, Smith took his inheritance and founded Federal Express. He focused not just on package delivery, but on creating an integrated air-ground system that would send all packages to a central clearing house, then distribute them out to their destinations\u2014an idea he borrowed from the banking industry. And one the world was ready for.<\/p>\n<p>Over the past 35 years, he\u2019s had plenty of advice to other small business owners looking to grow their organizations. Here\u2019s a small taste:<\/p>\n<blockquote><p><a>\u201cFear of failure must never be a reason not to try something.\u201d<\/a><\/p>\n<p>\u201cLeaders get out in front and stay there by raising the standards by which they judge themselves\u2014and by which they are willing to be judged.\u201d<\/p>\n<p>\u201cI\u2019m not afraid to take a swing and miss.\u201d<\/p>\n<p>\u201cThe riskiest strategy is to try to avoid risk altogether.\u201d<\/p>\n<p>\u201cA manager is not a person who can do the work better than his men; he is a person who can get his men to do the work better than he can.\u201d<\/p>\n<p><a>\u201cMy innovation involved taking an idea from the telecommunications and banking industries, and applying that idea to transportation business.\u201d<\/a><\/p>\n<p>\u201cYou can\u2019t make people do what\u2019s right. You can lead them, and you can empower them to make the right decision, but if you don\u2019t produce a culture that allows them to do that, then all the rest is just bumping your gums as one of my old business partners used to say.\u201d<\/p>\n<p>\u201cIf you\u2019re going to run a high service organization, you have to get the commitment of the people working for that organization right at the start. If you don\u2019t, you\u2019ll never be able to deliver at the levels of expectations of the customer.\u201d<\/p>\n<p>\u2014Fred W. Smith, Entrepreneur and Founder of FedEx<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>Even if you aren\u2019t familiar with his name, you are no doubt familiar with his company. His purple and orange trucks and planes are seemingly everywhere. And the quirky commercials from the 1980s featuring fast-talking Joe Moschitta made his company\u2019s tagline one of the most familiar in the world: \u201cwhen it absolutely, positively has to [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":1924,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35,39,36,40],"tags":[],"class_list":["post-1931","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-advice","category-quotes","category-small-business","category-success"],"blocksy_meta":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>8 Quotes for Small Business from Fred W. Smith - Logomaker Blog||8 Quotes for Small Business from Fred W. Smith - Logomaker Blog<\/title>\n<meta name=\"description\" content=\"Eight quotes for small business leaders from the founder of FedEx, Fred W. Smith, on risk, leadership, getting the most from people, and delivering on customer expectations.||Eight quotes for small business leaders from the founder of FedEx, Fred W. Smith, on risk, leadership, getting the most from people, and delivering on customer expectations.\" \/>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"8 Quotes for Small Business from Fred W. Smith - Logomaker Blog||8 Quotes for Small Business from Fred W. Smith - Logomaker Blog\" \/>\n<meta property=\"og:description\" content=\"Eight quotes for small business leaders from the founder of FedEx, Fred W. 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