Skip the waitlist and invest in blue-chip art for the very first time by signing up for Masterworks: https://masterworks.art/magnatesmedia
Purchase shares in great masterpieces from artists like Pablo Picasso, Banksy, Andy Warhol, and more. 🎨 See important Masterworks disclosures: http://masterworks.io/cd
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
USEFUL LINKS:
💸 FREE STOCKS for MagnatesMedia fans: https://magnates.media/freestocks
🎨 MagnatesMedia editing software: https://magnates.media/editing
🎵 MagnatesMedia video music: https://www.epidemicsound.com/referral/1d3bmw (free trial)
⭐ MagnatesMedia Premium YouTube Course: https://magnates.media/youtube
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
THE INSANE STORY OF FEDEX… FedEx employs well over half a million people worldwide, has a market cap of over $40 billion dollars, and delivers millions of packages every day in countries all over the world. But, in the early 1970’s, this future shipping empire depended on one man, $5,000, and a weekend in Las Vegas. This is the absolutely crazy story of FedEx…
Frederick Wallace Smith, founder of FedEx, did not get off to a good start in life. At the age of four his father passed away, and for the first 10 years of his life, Fred was afflicted with a type of childhood arthritis called Perthes disease that affected his hips, temporarily causing a loss of blood flow and affecting his ability to walk. Thus, Fred was forced to spend his early years in leg braces and use crutches to get around. And Fred faced bullying as a child because of his condition. However by his 10th birthday Fred had overcome this, and he not only was able to walk, but within a few years began to acquire a love for flying – something that would play a pivotal role in his future success. But during high school, Fred started his first small business, The Ardent Record Company, which he founded along with some friends. It started as a small recording studio in a garage, but eventually grew into a larger recording company which actually still operates to this day. However Fred left the company in 1962 to go to Yale University and study economics. In his junior year, Fred wrote a term paper where he proposed a business idea that he said could revolutionize the way goods were transported. Now at the time, packages were shipped throughout the US in the cargo holds of commercial airliners, and thus delivery schedules were at the mercy of the passenger airlines. This meant package delivery times were much slower and less predictable. So for people who had something to send urgently – for example medical supplies or legal documents, surely there had to be a better and faster way?
So Fred’s idea was to buy a fleet of jets, fly in the middle of the night whilst airports weren’t busy with outgoing flights, then sort the packages at one central hub, and deliver the packages from there by truck. Fred believed this idea of carrying small high priority packages at night would mean that companies and individuals could have their packages delivered in just 1 or 2 days, much faster than the current restrictive airline schedule. Fred was excited about his idea and handed in his college paper – however he ended up only getting a C grade from his economics professor, who told him that the idea wasn’t feasible and wouldn’t work. This is the story of how Fred Smith built FedEx, and turned it into a billion dollar shipping empire – whilst the FedEx story is undoubtedly a business success story, it’s definitely not your typical business story, as it involves ‘investing’ (gambling) the company’s remaining funds at the casino to try and save the business. Welcome to the crazy company history of FedEx (formerly Federal Express) by MagnatesMedia.
00:00 FedEx Story: Prologue
00:35 Chapter 1: The Vision
03:28 Chapter 2: Federal Express
07:25 Chapter 3: Crisis
10:50 Chapter 4: The Gamble
12:26 Invest In Art With Masterworks
13:26 Chapter 5: The Recovery
15:02 Short break: Thanks for watching MagnatesMedia
15:28 Chapter 6: The Political Partnership
17:30 The Final Chapter of The Fedex Story
🔔 Want more business mini movies? Please turn on notifications for MagnatesMedia! 🔔
source
🎨Invest in blue-chip art: https://masterworks.art/magnatesmedia
📺Watch next: https://youtu.be/jb1gWuzczSQ (The Rise & Fall of MySpace)
恭喜你的粉丝突破60万🧐🤔
Awesome video as always. Do one on Bojangles when you get a chance. 🙃
I having watched the video yet, but wouldn’t it make more sense if he just agreed to do some favors for the casino , and then they just made him win the money in exchange.
Your video editing is "God Level". Please share where did you learn to edit vidos that are god level
Wow FedEx is a C grade.
Hello Professor 🤣
The common theme of business/college professors saying revolutionary ideas wouldn’t work Is bringing credence to the expression those who can’t teach lol
Are Kansas lol “ar can saw”
Within 5 hours!
Man there should be a movie on this
Excellent production !
@MagnatesMedia Don’t know if you read my earlier comment several months ago about making a video about FedEx, but regardless, I am very glad you have 😊
Your way of presenting, explaination is the best and mind blowing
Bro ur editing is at next level I mean ur at 600k but u competes the one with 6m
do i see a trend here? econ professors giving great business ideas a horrible grade
I wondered how his teacher reacted when that C grade idea in the end became very successful.
That guy Jeff is pure Gangsta
Make a video about how Magnates media make their video.
A great production from Magnates Media for sure.
Shorter videos pls
I found you this year and really enjoy your channel. I learnt a lot and your voice is great for storytelling. Happy New Year 🎉
R-Kansas 😅 love the content
At this point any idea you present to a professor that says it's bad is actually a million dollar idea
Boring
Hey. I really love your videos. Please, Can you teach us.
What a surprise… A person with a prosperous background.
Love the videos bro!!
FredEx
Imagine the teacher now.
FedEx be hiring some racists mangers for ground
"To live a creative life, we must lose our fear of being wrong." –Anonymous
John Frazer never disappoints with his videos,i see magnates media growing to millions of subscribers very soon
Fred's tough childhood gave him the mental fortitude to overcome any obstacle and pull off this bold gamble!! Love the Casino Royale clip 😀
3:45 I Love how Arkansas is pronounced how it looks it should be but just sounds so wrong
I've loved watching this channel grow, but am I the only one who feels like there's just too much going on?
From the start the eyeballs are flooded with a constant flow of stock photos for almost every word. I guess other people like that, I was just wondering if anybody else found it to be too much.
This is ancient history… Stitched together with stock footage… Almost devoid of any real information….
That timeline was very interesting to watch. The first time I heard of FEDEX (Federal Express at the time) was at my very first full time job in 1975. I was told to send some documents, and I was told to use Federal Express. I had never heard of them, but it made sense to me that there was a company that could deliver items over night. God Bless Fred Smith. 🙏🏿
I read a history of FedEx a few years ago. His father set up a bus company in the south, his grandfather ran a steamship company on the Mississippi River. All three in transportation!
i really like your editing style
these university professors are really taking a beating
I knew a guy who went college in LA, and told me he went to Vegas from time to time to make money for his tuition and expenses. I told him that shouldn’t work in the long run. Worked for me, he said.
Talks about blackjack but shows a video of some guys playiing poker 😄
it's pronounced Ar-Kan-Saw. If anyone from Arkansas heard you pronounce it that way they'd lose their shit. We do in other states just to piss them off.
Sooo, where is the part where the plane crashes and he talks to a ball for months?
good on the bloke he deserves every penny self made man
Can we get a video about Geico?? Because how did they go from delivering packages, to providing insurance??