My innovation involved taking an idea from the telecommunications and banking industries, and applying that idea to transportation business. Frederick W. Smith More Quotes by Frederick W. Smith More Quotes From Frederick W. Smith Every time we make an investment decision at FedEx, we ask ourselves: 'What is the return on this investment?' Frederick W. Smith ask investment decision time The biggest part of our business has always been moving things, not paper. With the Internet, people in Mississippi can buy things from Macedonia, without regard to time or place or quantity. Frederick W. Smith internet business time people