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Air Quote by Frederick W. Smith

“I paid every effort to seek deregulation throughout FEDEX's start-up and expansion periods, because the biggest impediment to our growth was the government regulations that restricted new entry into the air cargo market.” quote by Frederick W. Smith
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“I paid every effort to seek deregulation throughout FEDEX's start-up and expansion periods, because the biggest impediment to our growth was the government regulations that restricted new entry into the air cargo market.”

Frederick W. Smith

About This Quote

Source Speech: Interview with Frederick W. Smith, FedEx founding era, 1970s

He believed removing regulatory barriers was essential for rapid company growth in air cargo.

In simple terms: Deregulation spurs growth.

Key Takeaway

Advocate for policy change.

Themes

business regulation growth competition

Mood

determined strategic

Type

business motivational

When to use this quote

  • startup planning
  • expansion strategy
  • policy lobbying
  • industry analysis

Key Concepts

Market entry government policy logistics entrepreneurship

Questions to Reflect On

  • How might deregulation affect service quality?
  • What safeguards are needed when removing barriers?
A Different Perspective

Regulations can also protect safety and fair competition.

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