Sam Walton

Felipe Suquillo

09/10/2019

How did walmart started up?

Sam Walton was born in 1918 in Kingfisher, Oklahoma. In 1942, at the age of 24, he joined
the military. He married Helen Robson in 1943. When his military service ended in 1945, Sam
and Helen moved to Iowa and then to Newport, Arkansas. During this time, Sam gained early
retail experience, eventually operating his own variety store.

In 1950, the Waltons left Newport for Bentonville, where Sam opened Walton’s 5&10 on the
downtown square. They chose Bentonville because Helen wanted small-town living, and Sam
could take advantage of the different hunting seasons that living at the corner of four states
had to offer. Inspired by the early success of his dime store, and driven to bring even greater
opportunity and value to his customers, Sam opened the first Walmart in 1962 at the age of 44
in Rogers, Arkansas. (walmart, 2019)

Sam Walton's 10 Commandments

1. Commit to your business.

2. Share your profits with your associates and treat them like your partners.
3. Energize your colleagues.
4. Communicate everything you possibly can to your partners.
5. Appreciate everything your associates do for the business.
6. Celebrate your success.
7. Listen to everyone in your company.
8. Exceed your customers' expectations.
9. Control your expenses better than your competition.
10. Blaze your own path. (https://www.entrepreneur.com, 2019)
Phrases of Sam Walton

“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.”

“High expectations are the key to everything.”

“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.”
(https://www.goodreads.com, 2018)

“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”
(www.brainyquote.com, 2019)

References
https://www.entrepreneur.com. (2019). https://www.entrepreneur.com. Obtenido de Sam Walton:
https://www.entrepreneur.com/article/197560

https://www.goodreads.com. (2018). https://www.goodreads.com. Obtenido de Sam Walton:

https://www.goodreads.com/author/quotes/1350.Sam_Walton

walmart. (2019). walmart. Obtenido de Sam Walton: https://corporate.walmart.com/our-story/our-

history

www.brainyquote.com. (2019). www.brainyquote.com. Obtenido de Sam Walton Quotes:

https://www.brainyquote.com/authors/sam-walton-quotes
 Present
1970s 1980s 1990s
2000s 2010s Leading the Future
Walmart Goes Decade of Firsts America's Top
of Retail
National In the 1980s, the Retailer New Millennium People-Led and
1972 Tech-Empowered Walmart continues
In the 1970s, a first Sam's Club By 1990, Walmart is Walmart enters the
Walmart is listed on to pave the way in
decade of incredible opens, serving small the nation's No. 1 new millennium Walmart commits to
the New York Stock retail innovation,
growth, "Mr. Sam" businesses and retailer. As the dedicated to serving customers in
Exchange (WMT). benefiting
begins to take individuals, and the Walmart offering customers a a changing retail
With 51 stores, customers and
Walmart national, first Walmart Supercenter seamless shopping environment,
Walmart records associates alike by
providing his Supercenter opens, redefines experience, whether leveraging both
sales of $78 million. leveraging new
vision's widespread combining a convenience and they are online, in a associates and
technology and
appeal. supermarket with one-stop shopping, store or on a mobile technology to make
learning from its
general Everyday Low Prices device. it happen.
expanding family of
merchandise. goes international.
brands.
History