Sam Walton is one of the most successful business men and entrepreneurs to have ever lived. He is most known for his creation of the Walmart empire. He started with a modest variety store in 1945 and has grown to a global business. He passed away at the age of 74 in 1992. Here are some of his most noteworthy quotes.
“All of us profit from being corrected – if we’re corrected in a positive way.”
“Capital isn’t scarce; vision is.”
“Celebrate your successes. Find some humor in your failures.”
“Do it. Try it. Fix it.”
— Zurich Broker (@ZurichInsider) October 28, 2015
“Exceed your customer’s expectations. If you do, they’ll come back over and over. Give them what they want – and a little more.”
“Focus on something the customer wants, and then deliver it.”
“Give ordinary folk the chance to buy the same things as rich people.”
“High expectations are the key to everything.”
“I probably have traveled and walked into more variety stores than anybody in America.”
“If everybody is doing it one way, there’s a good chance you can find your niche by going exactly in the opposite direction.”
“If you love your work, you’ll be out there every day trying to do it the best you possibly can, and pretty soon everybody around will catch the passion from you – like a fever.”
“If you take someone who lacks the experience and the know-how but has the real desire and the willingness to work his tail off to get the job done, he’ll make up for what he lacks.
And that proved true nine times out of ten.”
— Jimmylee Velez (@mrjmmyleevelez) October 13, 2015
“Loosen up, and everybody around you will loosen up.”
“Nothing else can quite substitute for a few well-chosen, well-timed, sincere words of praise. They’re absolutely free—and worth a fortune.”
“Outstanding leaders go out of their way to boost the self-esteem of their personnel. If people believe in themselves, it’s amazing what they can accomplish.”
“Set high goals, encourage competition, and then keep score.”
“The key to success is to get out into the store and listen to what the associates have to say.”
“The way management treats associates is exactly how the associates will treat the customers.”
In 1950 Sam Walton opened Walton's 5&10 in Bentonville, Ar. He opened the first Walmart in 1962. The rest is history pic.twitter.com/xyrD9PyPMO
— Mario Lopez (@MarioLopezExtra) October 10, 2015
“There is only one boss. The customer. And he can fire everybody in the company from the chairman on down, simply by spending his money somewhere else.”
“There’s a lot more business out there in small town America than I ever dreamed of.”
“You can learn from everybody.”
“You can make a lot of mistakes and still recover if you run an efficient operation. Or you can be brilliant and still go out of business if you’re too inefficient.”
The above video is an in depth look at the life and success of Sam Walton.
Thanks for checking out these great Sam Walton quotes. I hope you enjoyed them!