Sam Walton1

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“ I had to pick myself up and get on with

it, do it all over again, only even better


this time. "
"Outstanding leaders go out of the way to
boost the self-esteem of their personnel. If
people believe in themselves, it's amazing
what they can accomplish."

“ I have always been driven to buck


the system, to innovate, to take
things beyond where they've been."
Early Life
Sam Walton was born on March 29, 1918.
He wasn't the most smartest person at
school but he was determined to do good
so with hard work and lots of studying
There is only one he became an honors student.
boss. The
When he graduated from high school he
customer. And he
was voted the “ Most Versatile boy” in
can fire his class.
everybody in the
At the University of Missouri Sam
company from the
majored in Economics
chairman on
down, simply by Sam went to serve in the US Army
spending his intelligence corps supervising security at
money aircraft plants and prisoner of war
camps
Somewhere else.
-Sam Walton
Taking to Retail
In 1940, Walton took his first full-time
job, joining the department-store company
J. C. Penney as a management trainee.
Walton bought a Ben Franklin variety store
in Newport, Arkansas.
I'd bring them Walton then bought a new store in
back, price Bentonville, Arkansas. He called it
Walton's Five and Dime, although it was
them low, and
still part of the Ben Franklin chain.
just blow that
His friendly manner and eye for bargains
stuff out of the kept his customers happy .
store. In 1962, Walton opened his first Wal-Mart
-Sam Walton store, turning from five-and-dime retailing
to selling brand-name goods at discount
prices.
The Walmart Way
Walton always kept his focus on the
key element of retail sales: people.
Sam Walton believed that "individuals
don't win, teams do".
After taking the company public in
1970, Walton introduced his "profit
“Give sharing plan".
customers what By the 1980s, Wal-Mart had sales of
they want, and over one billion dollars and over three
a little more”. hundred stores across North America.
By 1991, Wal-Mart was the largest
-Sam Walton U.S. retailer with 1,700 stores.
Walton died in 1992, being the world's
second richest man, behind Bill Gates.
Achievements
In 1998, Walton was included in
Time Magazine's list of 100 most
influential people of the 20th
Century.
"Each Wal-Mart He received the Presidential
store should reflect Medal of Freedom.
the values of its He is author of the book Sam
customers and Walton, Made in America.
support the vision Forbes ranked him as the richest
they hold for their man in the USA from 1985 to
community”. 1988.

-Sam Walton
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.
Sam Walton

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