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.”
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.
Advocate for policy change.
Themes
Mood
Type
When to use this quote
- startup planning
- expansion strategy
- policy lobbying
- industry analysis
Key Concepts
Questions to Reflect On
- How might deregulation affect service quality?
- What safeguards are needed when removing barriers?
Regulations can also protect safety and fair competition.