40 Quotes by Frederick W. Smith

I do not believe I could have built FedEx without the skills I learned from the Marine Corps.

Fear of failure must never be a reason not to try something.

If you look historically, what creates growth and wealth is innovation and investment, and increase in scale - more customers.

My innovation involved taking an idea from the telecommunications and banking industries, and applying that idea to transportation business.

Only electricity can give the transport sector the flexibility to switch fuels when one or more become too expensive.

The United States tax system today is very prejudiced towards financialization, leverage, and lack of investment.

Every time we make an investment decision at FedEx, we ask ourselves: 'What is the return on this investment?'

I am not someone who tends to advocate for increased government involvement in the private sector.

Beginning in 1973 and then acts in '77, '78, 1980, 1994 and then into the 21st century in the international arena, governments have steadily gotten out of the transportation business.