Frederick W. Smith is the founder of the FedEx Corp., the largest and most successful overnight__1__ service. He is recognized as an outstanding entrepreneur who is __2__ by both his competitors and employees. As a juvenile, he suffered from a disease and was often picked on by bullies. But his passion for flying increased as he grew up. At Yale University, he helped to __3___ the Yale flying club. In a term paper for an economics class, he __4__ for a transportation company that ensure overnight delivery of small and time-sensitive goods, but the professor said it wasn’t __5__. After graduation, he joined the Marines and went to Vietnam. During his military days, he learned good leadership had measureable effects on a company. Home from Vietnam, he decided to __6__ starting his own business but the early days ___7__ extreme frugality and financial losses. In spite of difficulties, he still __8__ to ensure good medical plan. He said success in business ____9___ three elements: appealing product or service, __10___, and good leadership.