Fred Smith died last week. He conceived of and founded the overnight delivery concept that turned the shipping company into a huge success worth $5 billion to him at the time of his death.
Smith came up with the idea for FedEx in a college paper at Yale anticipating that an automate economy would need fast, reliable door-to-door package delivery services. What an idea that now employs a half million workers and ships more than 17 million packages on average each day.
But his Yale professor was not impressed in 1965. He only got a C for his paper. And that’s the thing that good professors come to learn – their students know better than they do. And that’s the reason for education. If Smith had been deterred by his middling grade, this groundbreaking idea would have died in class which is why you never let someone else grade your vision or tell you what will work or won’t work.
Grades are merely academic tools to measure learning. David Epstein in Range said “The greatest ideas often look like failures at first — even to the smartest people in the room.”
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