Video yükleniyor...

Video Yüklenemedi

Ana Sayfaya Dön

When Fred Smith, a former Marine captain started his next-day delivery company in 1973, he flew less than 190 packages to customers. Today the FedEx fleet moves 15 million packages a day to more than 200 countries around the world.

CBSSunday's profile picture

CBS Sunday Morning 🌞

265,926 subscribers

100,237 görüntüleme • 3 yıl önce •via X (Twitter)

LIVE

Anya Rossi• Live Now

Private livecam show

10 Yorum

Kevin Wensing profil fotoğrafı
Kevin Wensing3 yıl önce

Thanks to @CBSSunday David Martin (@USNavy #Veteran) for telling story of Fred Smith on @FedEx 50th anniversary, how people make it possible & now his service as @USMC in #Vietnam influenced him. @vietnamwar50th @DeptVetAffairs @DeptofDefense -

Shaun Micheel profil fotoğrafı
Shaun Micheel3 yıl önce

@MayorMemphis My late father’s logbook entries from his @fedex Falcon 20 type rating in early ‘73. Last entry on this page is N8FE which resides in the @smithsonian I look at this book all the time in amazement of where it all began. #worldontime

Glenn Allen 🍊🚲🏐⌨️ profil fotoğrafı
Glenn Allen 🍊🚲🏐⌨️3 yıl önce

Remarkable story in business and entrepreneurship. I didn't realize he had a military background. Truly a genius who revolutionized an industry.

Jessica JJ Hawk profil fotoğrafı
Jessica JJ Hawk3 yıl önce

Fantastic story about this great innovator! Truly amazing!

Sharon Inglima profil fotoğrafı
Sharon Inglima3 yıl önce

Wow…incredible!!!

Camille DeSantis profil fotoğrafı
Camille DeSantis3 yıl önce

I had no idea that was the backstory of the founder. Terrific! @FedEx

Clare 🇺🇦 profil fotoğrafı
Clare 🇺🇦3 yıl önce

My stepfather went to high school with Fred and they remained friends. Fred even visited us in Mexico.

LeeFamilyGroup1979 profil fotoğrafı
LeeFamilyGroup19793 yıl önce

*Retired Marine. The only such thing as a former Marine is if they received a dishonorable discharge. Thank you.

Terry profil fotoğrafı
Terry3 yıl önce

@FedEx 15 million is great , HOW MANY DO YOU LOSE ??? You have had mine a year on Tuesday the 6th …. HOW MANY ?????

John C Tipton profil fotoğrafı
John C Tipton3 yıl önce

If the shareholders had ANY clue what is happening inside the Ground terminals across the country then FE wld cease to exist. If you think FE is bad right now just wait. Raj is intentionally sinking his own ship but there must be a nefarious reasoning.

Benzer Videolar

NEW: FedEx driver fired after UFC president Dana White films him chucking packages into a truck. White filmed the man in New York City practicing his basketball form by throwing packages into his truck. After seeing the video, FedEx responded. "The behavior depicted in the video is unacceptable and inconsistent with the professionalism FedEx demonstrates every day." "We are committed to treating our customers’ packages with the utmost care, and this driver is no longer providing service for our company as a result of this behavior."
0:56

NEW: FedEx driver fired after UFC president Dana White films him chucking packages into a truck. White filmed the man in New York City practicing his basketball form by throwing packages into his truck. After seeing the video, FedEx responded. "The behavior depicted in the video is unacceptable and inconsistent with the professionalism FedEx demonstrates every day." "We are committed to treating our customers’ packages with the utmost care, and this driver is no longer providing service for our company as a result of this behavior."

Collin Rugg

8,548,354 görüntüleme • 2 yıl önce

A Texas FedEx driver appears to throw packages out of his truck as an angry customer watches. There are many great delivery drivers, but this is unnecessary. You signed up to be a DELIVERY driver. The word is in the job description. He should lose his job. Period.
1:37

A Texas FedEx driver appears to throw packages out of his truck as an angry customer watches. There are many great delivery drivers, but this is unnecessary. You signed up to be a DELIVERY driver. The word is in the job description. He should lose his job. Period.

👉M-Û-R-Č-H👈

76,194 görüntüleme • 6 ay önce

Trump (2018): "I want to have peace in the world, that's what I really want, more so than the Nobel Peace Prize." Less than a year in office, he bombed seven countries....
0:31

Trump (2018): "I want to have peace in the world, that's what I really want, more so than the Nobel Peace Prize." Less than a year in office, he bombed seven countries....

The Resonance

27,799 görüntüleme • 7 ay önce

McGovern: "A family making less than $50,000 a year? They get less than $1 a day in tax cuts. You can't buy a damn cup of coffee with that. But those making a million dollars or more? They'll get more than $250 a day in tax breaks ... that's how rigged this bill is to benefit the wealthy."
1:01

McGovern: "A family making less than $50,000 a year? They get less than $1 a day in tax cuts. You can't buy a damn cup of coffee with that. But those making a million dollars or more? They'll get more than $250 a day in tax breaks ... that's how rigged this bill is to benefit the wealthy."

Aaron Rupar

785,953 görüntüleme • 1 yıl önce

This FedEx delivery driver on camera just tossing down a huge package onto the ground. My question is- Why? Not all delivery drivers are bad but it’s the few like this that give the industry a bad name. One FedEx driver said “I deliver the packages like they were my own.” Another said he suggested the homeowner send the video to FedEx. Have you ever caught your delivery driver throwing your package? Out of the three, who do you have more faith in when it comes to deliveries- UPS, FedEx or Amazon?
0:24

This FedEx delivery driver on camera just tossing down a huge package onto the ground. My question is- Why? Not all delivery drivers are bad but it’s the few like this that give the industry a bad name. One FedEx driver said “I deliver the packages like they were my own.” Another said he suggested the homeowner send the video to FedEx. Have you ever caught your delivery driver throwing your package? Out of the three, who do you have more faith in when it comes to deliveries- UPS, FedEx or Amazon?

👉M-Û-R-Č-H👈

33,021 görüntüleme • 4 ay önce

Elon Musk says he gave SpaceX "less than a 10% chance of succeeding" when he first started the company. Now it's set to go public in the largest stock market debut in history.
2:15

Elon Musk says he gave SpaceX "less than a 10% chance of succeeding" when he first started the company. Now it's set to go public in the largest stock market debut in history.

Yahoo Finance

17,106 görüntüleme • 2 ay önce

"The profits from this pipeline will generate billions in revenues over the coming decades." Danielle Smith says a new Alberta-to-West Coast pipeline could carry more than 1 million barrels of oil per day to global markets and help double Alberta's oil production over the next 10 to 15 years.
1:35

"The profits from this pipeline will generate billions in revenues over the coming decades." Danielle Smith says a new Alberta-to-West Coast pipeline could carry more than 1 million barrels of oil per day to global markets and help double Alberta's oil production over the next 10 to 15 years.

Juno News

39,333 görüntüleme • 1 ay önce

Getting packages delivered safely, cheaper and efficiently is a challenge in many parts of the world, but not anymore. Our self-driving bots are built to deliver both security and packages, right to your doorstep. Every delivery = More security Thank you ⁦Founders Inc⁩!
0:48

Getting packages delivered safely, cheaper and efficiently is a challenge in many parts of the world, but not anymore. Our self-driving bots are built to deliver both security and packages, right to your doorstep. Every delivery = More security Thank you ⁦Founders Inc⁩!

Tee

23,346 görüntüleme • 1 yıl önce

10 Lessons From Fred Smith, the founder of FedEx 1. Not trying guarantees failure: Fred Smith spent his childhood in leg braces. Doctors said he’d never walk normally. Through thousands of hours of excruciating therapy, he didn’t just walk; he became a varsity athlete. “Fear of failure must never be a reason not to try something,” he’d later say. When everyone said overnight delivery was impossible, he remembered the doctors who said he’d never play sports. 2. The power of incentives: The Memphis hub was a nightly disaster. Planes had to land, unload, sort, and reload in hours. Nothing worked until someone noticed the obvious: they paid workers by the hour. The longer it took, the more they earned. FedEx switched to paying by the shift. Same pay, go home when you’re done. The sort suddenly ran like clockwork. Charlie Munger loved this story: “Never, ever, think about something else when you should be thinking about the power of incentives.” 3. Loyalty is earned in the trenches: In Vietnam, Smith learned soldiers don’t fight for politicians; they fight for the person next to them. Years later, when FedEx ran out of money, employees worked without pay. Pilots used personal credit cards for fuel. Not because they had to. Because of the loyalty that was earned in the trenches. 4. Become a learning machine: Fred Smith read four hours a day. Every day. “People who supposedly have vision spend a lot of time reading and gathering information, then synthesize it until they come up with an idea,” he explained. All that reading showed him something nobody else saw: people would soon care more about tracking their package than getting it fast. 5. Take care of your people and they will take care of you. In 1974, investors moved to fire Smith. Every senior officer signed the same letter: fire him, and we all walk. One was even offered the presidency as a bribe. (He refused.) This was People-Service-Profit in action. The order of those words is important. People first, then service, then profit. Not the other way around. Most companies put this stuff on motivational posters. At FedEx, people bet their careers on it. 6. Reliability is rare. Speed without predictability is useless. FedEx guaranteed overnight delivery or your money back, a feat that seemed impossible at the time. The guarantee created trust with customers and accountability internally. There were no excuses. 7. All in or all out. FedEx had $5,000 left. The planes needed $24,000 to fly on Monday. So Smith took the five grand to Vegas and turned it into $27,000 at blackjack. When investors heard this story, they didn't see a gambling problem. They saw a founder who'd already bet his inheritance, his house, everything, and was still fighting. Two weeks later, they gave him $11 million. 8. Trust is built in drips and emptied in buckets. When Smith bought Flying Tigers, he faced a choice: protect the seniority of Tigers pilots or his own FedEx pilots. He chose Tigers. The FedEx pilots—the ones who'd saved his company with their credit cards—called it "treachery." FedEx recovered financially, but the family was dead. 9. Outcome over ego. FedEx lost $629 million in Europe because Smith assumed Europeans wanted overnight delivery. They didn't. Their countries were small enough that regular trucks worked fine. Rather than double down to save face, Smith killed the entire operation. Most CEOs would have thrown another billion at the problem rather than admit they were wrong. They confuse stubbornness with strength. But Smith had learned from military history: sometimes the smartest generals are the ones who know when to retreat. 10. Bounce, but don't break. Smith survived childhood disease, his friend's death, Vietnam combat, near bankruptcy, a coup attempt, and a $629 million failure in Europe. Despite disasters that would have broken most people, he kept going and built an $88 billion empire.
48:34

10 Lessons From Fred Smith, the founder of FedEx 1. Not trying guarantees failure: Fred Smith spent his childhood in leg braces. Doctors said he’d never walk normally. Through thousands of hours of excruciating therapy, he didn’t just walk; he became a varsity athlete. “Fear of failure must never be a reason not to try something,” he’d later say. When everyone said overnight delivery was impossible, he remembered the doctors who said he’d never play sports. 2. The power of incentives: The Memphis hub was a nightly disaster. Planes had to land, unload, sort, and reload in hours. Nothing worked until someone noticed the obvious: they paid workers by the hour. The longer it took, the more they earned. FedEx switched to paying by the shift. Same pay, go home when you’re done. The sort suddenly ran like clockwork. Charlie Munger loved this story: “Never, ever, think about something else when you should be thinking about the power of incentives.” 3. Loyalty is earned in the trenches: In Vietnam, Smith learned soldiers don’t fight for politicians; they fight for the person next to them. Years later, when FedEx ran out of money, employees worked without pay. Pilots used personal credit cards for fuel. Not because they had to. Because of the loyalty that was earned in the trenches. 4. Become a learning machine: Fred Smith read four hours a day. Every day. “People who supposedly have vision spend a lot of time reading and gathering information, then synthesize it until they come up with an idea,” he explained. All that reading showed him something nobody else saw: people would soon care more about tracking their package than getting it fast. 5. Take care of your people and they will take care of you. In 1974, investors moved to fire Smith. Every senior officer signed the same letter: fire him, and we all walk. One was even offered the presidency as a bribe. (He refused.) This was People-Service-Profit in action. The order of those words is important. People first, then service, then profit. Not the other way around. Most companies put this stuff on motivational posters. At FedEx, people bet their careers on it. 6. Reliability is rare. Speed without predictability is useless. FedEx guaranteed overnight delivery or your money back, a feat that seemed impossible at the time. The guarantee created trust with customers and accountability internally. There were no excuses. 7. All in or all out. FedEx had $5,000 left. The planes needed $24,000 to fly on Monday. So Smith took the five grand to Vegas and turned it into $27,000 at blackjack. When investors heard this story, they didn't see a gambling problem. They saw a founder who'd already bet his inheritance, his house, everything, and was still fighting. Two weeks later, they gave him $11 million. 8. Trust is built in drips and emptied in buckets. When Smith bought Flying Tigers, he faced a choice: protect the seniority of Tigers pilots or his own FedEx pilots. He chose Tigers. The FedEx pilots—the ones who'd saved his company with their credit cards—called it "treachery." FedEx recovered financially, but the family was dead. 9. Outcome over ego. FedEx lost $629 million in Europe because Smith assumed Europeans wanted overnight delivery. They didn't. Their countries were small enough that regular trucks worked fine. Rather than double down to save face, Smith killed the entire operation. Most CEOs would have thrown another billion at the problem rather than admit they were wrong. They confuse stubbornness with strength. But Smith had learned from military history: sometimes the smartest generals are the ones who know when to retreat. 10. Bounce, but don't break. Smith survived childhood disease, his friend's death, Vietnam combat, near bankruptcy, a coup attempt, and a $629 million failure in Europe. Despite disasters that would have broken most people, he kept going and built an $88 billion empire.

Shane Parrish

457,292 görüntüleme • 11 ay önce

Around the world, more than 300 million people are affected by rare diseases, comprising more than 7,000 distinct conditions, including Duchenne. On #WorldDuchenneAwarenessDay, I thank #Kuwait and everyone for your commitment to alleviating the suffering of people with Duchenne, today and every day.
1:33

Around the world, more than 300 million people are affected by rare diseases, comprising more than 7,000 distinct conditions, including Duchenne. On #WorldDuchenneAwarenessDay, I thank #Kuwait and everyone for your commitment to alleviating the suffering of people with Duchenne, today and every day.

Tedros Adhanom Ghebreyesus

45,224 görüntüleme • 11 ay önce

More than a Million dead since he stopped Zelensky signing a peace deal in 2022. More than a Million in his back pocket selling access to the Ukrainian Dictatorship. And the War Pig Boris dances.
0:36

More than a Million dead since he stopped Zelensky signing a peace deal in 2022. More than a Million in his back pocket selling access to the Ukrainian Dictatorship. And the War Pig Boris dances.

Chay Bowes

307,018 görüntüleme • 10 ay önce

Guy was delivering packages when a 6-year-old boy came up to him He told the delivery driver his mom collapsed… Called an ambulance and saved her life
0:43

Guy was delivering packages when a 6-year-old boy came up to him He told the delivery driver his mom collapsed… Called an ambulance and saved her life

Dudes Posting Their W’s

7,139,590 görüntüleme • 1 yıl önce

Is WWE fumbling the ball with the booking of Trick Williams? "He's never come across less like a star since the day he stepped into WWE and since the midpoint of his NXT run when he started really getting hot than he did today." - Dave Meltzer
2:27

Is WWE fumbling the ball with the booking of Trick Williams? "He's never come across less like a star since the day he stepped into WWE and since the midpoint of his NXT run when he started really getting hot than he did today." - Dave Meltzer

Wrestling Observer

54,247 görüntüleme • 26 gün önce

A UPS driver in Pennsylvania brought more than packages when he joined a group of grads on their Slip ’N Slide. Invited while delivering, he slid, then shared high-fives and fist bumps before heading back to his route leaving summer fun in his wake.
0:31

A UPS driver in Pennsylvania brought more than packages when he joined a group of grads on their Slip ’N Slide. Invited while delivering, he slid, then shared high-fives and fist bumps before heading back to his route leaving summer fun in his wake.

Restoring Your Faith in Humanity

161,068 görüntüleme • 10 ay önce

In less than a year, former Texas A&M WR Ainias Smith has gone from Aggieland to Super Bowl 59. Had the pleasure of catching up with Smith today from his hotel in New Orleans about his first season, the Super Bowl and the 2024 Aggie football season. Full video:
1:01

In less than a year, former Texas A&M WR Ainias Smith has gone from Aggieland to Super Bowl 59. Had the pleasure of catching up with Smith today from his hotel in New Orleans about his first season, the Super Bowl and the 2024 Aggie football season. Full video:

𝕋𝕣𝕒𝕧𝕚𝕤 𝕃. 𝔹𝕣𝕠𝕨𝕟

27,955 görüntüleme • 1 yıl önce