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SFS Minute 900: FedEx
01/11/2026
SFS Minute 900: FedEx
This week, I'm going to tell you stories about five businesses that you know, and the incredible things that they overcame. I'm going to start with FedEx, unbelievably. One Friday, they realized they didn't have enough gas for Monday. They couldn't afford to fly over the weekend and pay all of the gas bills on Monday. So guess what the owner did? Well, I'm certainly not going to recommend this as a good strategy, but in fact, what the owner of FedEx did is he went to Las Vegas with all of the remaining company cash, and he played blackjack for the entire weekend, and he won enough money to keep the planes flying. It bought time, and time led to more funding, and funding led to survival. The lesson is not about gambling, but it's about reality. Famous businesses survive crazy things.
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