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"GAMBLING with the Last 5000 dollars" Bankruptcy to Billions #3 FedEx Turnaround from Bankruptcy FedEx was founded in 1971 by Frederick W. Smith.Smith's concept was to create an integrated air-to-ground system specifically designed for overnight de

What's often overlooked is how Smith used the $27,000 win as leverage. It wasn’t just luck; he turned that money into a narrative that convinced investors to put in more money. That’s smart business acumen.

He was good at marketing it