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Fred Smith

๐Ÿ‘ค Speaker
See mentions of this person in podcasts
762 total appearances

Appearances Over Time

Podcast Appearances

The Knowledge Project
Fred Smith: The Story of FedEx [Outliers]

They weren't forced to, they chose to.

The Knowledge Project
Fred Smith: The Story of FedEx [Outliers]

Third, he built systems that scaled.

The Knowledge Project
Fred Smith: The Story of FedEx [Outliers]

At the Memphis hub, planes landed every 90 seconds.

The Knowledge Project
Fred Smith: The Story of FedEx [Outliers]

Workers wore colored vats, red for loaders, blue for sorters, and yellow for supervisors.

The Knowledge Project
Fred Smith: The Story of FedEx [Outliers]

A massive countdown clock showed minutes until sort completion.

The Knowledge Project
Fred Smith: The Story of FedEx [Outliers]

Visual systems borrowed from combat.

The Knowledge Project
Fred Smith: The Story of FedEx [Outliers]

When speed matters, seeing beats talking.

The Knowledge Project
Fred Smith: The Story of FedEx [Outliers]

By 1979, Federal Express hit $1 billion in revenue, the first American company to reach that milestone in under 10 years at that point without any acquisitions.

The Knowledge Project
Fred Smith: The Story of FedEx [Outliers]

But Smith wasn't celebrating.

The Knowledge Project
Fred Smith: The Story of FedEx [Outliers]

The information about the package is important as the package itself, he kept saying over and over.

The Knowledge Project
Fred Smith: The Story of FedEx [Outliers]

And most thought he meant tracking, but he saw something bigger.

The Knowledge Project
Fred Smith: The Story of FedEx [Outliers]

A future where data about the package mattered as much as delivery of the package.

The Knowledge Project
Fred Smith: The Story of FedEx [Outliers]

The overnight delivery industry he'd created was just the beginning.

The Knowledge Project
Fred Smith: The Story of FedEx [Outliers]

What matters isn't winning once.

The Knowledge Project
Fred Smith: The Story of FedEx [Outliers]

It's building systems that keep winning.

The Knowledge Project
Fred Smith: The Story of FedEx [Outliers]

And Smith had proved the impossible was possible.

The Knowledge Project
Fred Smith: The Story of FedEx [Outliers]

And now he had to prove that it could last.

The Knowledge Project
Fred Smith: The Story of FedEx [Outliers]

By 1983, Fred Smith should have been satisfied, but he wasn't.

The Knowledge Project
Fred Smith: The Story of FedEx [Outliers]

Success made him restless, and restlessness made him dangerous.

The Knowledge Project
Fred Smith: The Story of FedEx [Outliers]

While his competitors focused on perfecting overnight delivery, he was already living in the future.