You would think that running a shipping company with the current fuel prices and the financial turmoil it’s probably not a very good business. Well, think again: think about shipping for less (exactly what people are looking for in a slowing economy) and shipping greener (in a fuel starved time). I’ve got the chance to talk about all this with Justin Brown from First Global Xpress – a new breed of shipping companies that work on business models better adapted to the new economic situation. Here is what I found out:
Cristian: Hi Justin and Welcome on board. Tell us a little bit about your company, what does it do?
Justin: Hello Cristian, thank you for taking the time to learn a bit about First Global Xpress. FGX is an international air courier company. FGX competes with larger courier companies including FedEx, UPS, and DHL in the international shipping market. We have been able to compete successfully because we ship directly from point A to point B (unlike our hub-and-spoke competitors). By shipping direct FGX saves our clients time, money and even reduces their carbon footprint.
Cristian: You started with FGX in 2002 at the age of 23. A company like yours seems to have a big turnover and probably a big number of employees. Isn’t that scary at the age of 23?
Justin: It’s true that taking risks professionally can be a scary thought, but I think the younger you are, the higher your risk tolerance should be. If I were to give a lecture to a class of young people studying business, I would encourage them to take calculated risks.
Read the rest of the interview.
hai i am neha pursuing m.b.a .i want to be enterpenurer please send me guidelines thanking you