It all started with NOTHING.

- It all started with nothing :

What do you need to start? A bright idea? A great team? The money? Yes. All of these things. But most of all what you need is faith. A belief that the problem is important and that the solution is something the consumer wants. It's really amazing how most of the big companies have such modest start-up stories. It all started with nothing, just a simple conviction. Let’s find out the short story for (now) famous start-up company:

Fred Smith | Federal Express

Fred Smith was an undergraduate student at Yale University in 1965. As part of the course, he wrote an article to explore the economic process of transporting goods across the United States. He concluded that shippers depend on the transportation of large parcels of land in air traffic and passenger transport in the United States. Smith thought of a more efficient idea of ​​transportation. He wrote a last-minute document about how a company could carry small air essentials, which could be a much better business. However, "However, he did not specify how such a company should be carried out, but Smith did not abandon the idea and founded the company in 1971. But Smith did not abandon the idea and founded the company in 1971.

But within three years of its founding, Federal Express was about to go bankrupt. He lost more than $ 1 million a month due to rising fuel costs. At its peak, the company had only $ 5,000 in its name. Smith gave General Dynamics a final presentation to get more funds. The request was rejected.

Most ordinary people would have resigned at that time and close the business. Not Fred Smith. What he did next is the boldest step of the founder of a company. Smith flew to Las Vegas and played Black Jack this weekend with the remaining funds of the company. Yes, all $ 5,000. On Monday, the company management made a pleasant surprise. FedEx had $ 32,000 in its bank, which was enough fuel to cover its plane and continue for a few more days.

Soon after, the company was able to raise substantial funds. And the amazing thing is that Today, FedEx became a global giant with operations in more than 220 countries and territories and annual sales of 45 billion euros.

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