Overnight Success (Review and Analysis of Trimble's Book)
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About this ebook
This complete summary of the ideas from Vance Trimble's book "Overnight Success" tells how, in 1970, Frederick Smith envisioned a streamlined fleet of aeroplanes that could deliver packages anywhere overnight, and how he transformed that idea into a billion-dollar industry. In his book, the author reveals the obstacles that the company had to overcome, including how to finance the first official flight. This summary gives readers an insight into the personal and professional life of Smith and his journey to success.
Added-value of this summary:
• Save time
• Understand key concepts
• Expand your knowledge
To learn more, read "Overnight Success" and discover the story behind the American phenomenon, FedEx.
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Overnight Success (Review and Analysis of Trimble's Book) - BusinessNews Publishing
Book Presentation
Overnight Success by Vance Trimble
Important Note About This Ebook
Summary of Overnight Success (Vance Trimble)
1. Fred Smith
2. University
3. War and Love
4. Little Rock Brainstorms
5. The Purple Airplanes
6. Early Days
7. General Dynamics
8. Fueling The Growth at Federal Express
9. Courtroom Drama
10. Stock Exchange Listing
11. The Maturing Company
12. The Later Years
Important Note About This Ebook
This is a summary and not a critique or a review of the book. It does not offer judgment or opinion on the content of the book. This summary may not be organized chapter-wise but is an overview of the main ideas, viewpoints and arguments from the book as a whole. This means that the organization of this summary is not a representation of the book.
1. Fred Smith
Frederick Wallace Smith was born 11 August 1944.
His father and namesake died when Fred W. was only four years old. Fred Senior had, in 53 years, built an incredible business empire worth more than $17 million. He was the founder of the Greyhound Bus Line, and owned the 170-unit Toddle House chain of restaurants. He also owned cotton plantations, beef ranches and a huge luxury yacht. Sailing was one of his passions.
While Fred was growing up, he became good friends with an uncle who was a Major General in the Tennessee National Guard. As an 8-year old, Fred became the unofficial mascot of his uncle’s unit - they even equipped him with a .45-caliber pistol.
Fred’s sister, describing him as 15-year old, said:
If you met Fred then, you would have been dazzled by him. This man was charming, articulate and just winning. You would follow him anywhere as a leader. He would start waving his hands around, and conjure up these images, and your checkbook just bounces in your hand, and you are ready to follow him over the next hill, and wherever. He was a terrific salesman, who made fantasies come alive.
When Fred’s two elder sisters left home, Fred and his mother moved into a house at 1130 Audubon Drive, Memphis, Tennessee. Just down the same street, a singer named Elvis Presley had just brought his first house.
Fred went to Memphis University School, a college prepatory school.