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by ethagknight
1522 days ago
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UPS introduced next-day air service in select markets in 1982 and UPS Airlines founded in 1988, Fedex was founded in 1971 with a focus in overnight delivery. He launched his company in the shadow of a juggernaut. Naming his company- even better, he apparently gave his dozen or so planes random serial numbers to give the impression he had way more planes. Plane #136 coming in! Starting at 3rd base- this might be said of the Fords or for the Waltons, but Fred did not inherit the business he built. Yes he had a privileged start, but his daddy certainly didn't hand him an air freight business. I certainly understand not liking his politics. His comments in the article are bristly. |
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Fred was trained by the US Gov to fly, went to the most exclusive schools and inherited 40million in the 70s! That's 250million today... You can think this is a story of a selfmade man but you'd be wrong. He may have built a business, but he did it from the highest rings of the ladder having been placed there by his privilege.