Sam Walton
 
                        Sam Walton
Samuel Moore "Sam" Waltonwas an American businessman and entrepreneur best known for founding the retailers Walmart and Sam's Club...
NationalityAmerican
ProfessionEntrepreneur
Date of Birth29 March 1918
CityKingfisher, OK
CountryUnited States of America
years ideas people
        "Somehow over the years people have gotten the impression that Wal-Mart was...just this great idea that turned into an overnight success. But...it was an outgrowth of everything we'd been doing since [1945]...And like most overnight successes, it was about twenty years in the making."
goal competition enough
        Money and ownership alone aren't enough. Set high goals, encourage competition, and then keep score.
success encouragement business
        Capital isn't scarce; vision is.
business team winning
        Individuals don't win in business, teams do.
focus want walmart
        Focus on something the customer wants, and then deliver it.
should expenses exceed
        Expenses should never exceed one percent of our purchases.
keys expectations high-expectations
        High expectations is the key to everything.
hate fall use
        I'd hate to see any descendants of mine fall into the category of what I'd call 'idle rich' - a group I've never had much use for.
inspirational picks
        I had to pick myself up and get on with it, do it all over again, only even better this time.
competition advantage expenses
        Control your expenses better than your competition. This is where you can always find the competitive advantage.
work secret together
        We're all working together; that's the secret.
appreciation appreciate team-building
        Appreciate everything your associates do for the business.
two differences important
        The two most important words I ever wrote were on that first Wal-Mart sign, ‘Satisfaction Guaranteed’. They're still up there, and they have made all the difference.
thinking winning self
        It was almost as if I had a right to win. Thinking like that often seems to turn into sort of a self-fulfilling prophecy.