Risk is a required piece of leadership. Some people dodge risk and remain unnecessarily safe, but those who do that don’t understand what it truly means to be a business leader.
Once upon a time…
In the early days of FedEx, company founder and CEO Fred Smith had raised a bunch of money to launch a company based on an unproven model. The company did okay at first, but there were a lot of kinks to work out.
But they were getting low on money.