I'm sitting at a Vegas blackjack table as we speak......wait a minute..........is that Paul Elio I see at the next Table? Nope! Whew! Thankfully, he must be back home working on his business plan to fuel the Elio.Memphis has a long history of famous entrepreneurs possibly starting with Clarence Sauders, founder of the first supermarket. Kemmons Wilson and Wallace C Johnson founders of Holiday Inns. Fred Smith, Fedex. My neighbor's only claim to fame was as a banker in 1974 he traveled to the Little Rock Airport and chained down and repossessed a Cessna 172 belonging to Fred Smith. Kemmons Wilson was reputed to have owed money to everyone in Memphis and no one could find him. LOL All had skin of your teeth stories of staying funded. Fred's boom or bust story tops them all in my opinion;
Three years in rising fuel cost and Fedex was down to it's last $5000. General Dynamics had just denied more funding and instead of going back to Memphis he took his $5000 to Las Vegas black jack tables. That Monday rolled around and there was $32000 in his account allowing for a little more than a weeks fuel giving him time to find 11 million funding from somewhere else and the rest is history.