The prize in blackjack helped to cover FedEx expenses

The prize in blackjack helped to cover FedEx expenses

Nowadays the FedEx Company, which provides an express delivery worldwide, is a real giant in this industry. It has large subsidiaries all over the world and the staff of this company makes several tens of thousands of people. But it was not always.

The talented manager Frederik Smith who had always dreamed to be at the helm founded a large corporation. At the very beginning of delivery service work Smith had to solve many complex problems and cope with different difficulties. Especially difficult financial situation happened to the company when it didn’t have any subsidiaries. Smith spent too much money on transportation costs. One day he realized that his company had a debt of 24 thousand dollars for the consumed fuel thought the enterprise had only 5 thousand dollars at that moment. Without thinking twice Smith took all the money he had and left for Las Vegas. The fate was favorable to the manager that evening and he managed to win 27 thousand dollars in blackjack. As a result FedEx Company could cover all expenses and continue its existence. Since then there were no similar risk actions in the history of corporation’s development.

 
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