Sam Walton

Sam Walton

Sam Walton

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12min

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Thirty years had passed since he had opened his first Walmart when, in 1993, Sam Walton decided that the time had come to tell his version of the biggest success story in the world of large distribution. Recognisable for his love of competition and his tireless appetite for work, the billionaire tells us his story in the book bearing his name, Sam Walton - Made in America, and how hard work can take you wherever you want to go.

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Analysis and key concepts

01.

The lifestyle of the richest man in America is determined by the same motto with which he ran his company: “every dollar counts”

02.

Ambition and competitive spirit are the engine and the fuel that help you rise to the top, but teamwork is what keeps you there

03.

The first shop: a beginner can be successful if he has the desire to learn, especially from his competitors

04.

A new beginning and a great innovation: in Newport they opened a self-service shop with cash registers at the exits

05.

The secret of success: employees and customers become part of the Walmart family, where every voice is heard

06.

Floating the company on the stock exchange was a necessary choice to finance the great expansion: the seventies and the choice to focus on the suburbs

07.

Quotes

08.

Take-home message

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Many useful tips to:

  • Become inspired by the story of a self-made man.
  • Learn the secrets to a millionaire’s success.
  • Learn the art of leadership from the third best manager of all time.

Sam Walton, a true hero of the people, was born in the rural heart of the United States in 1918 and he died a billionaire in 1992. Times, Forbes and Condé Nast have labelled him one of the richest men on the planet countless times, a title that he won thanks to his incredible success with the supermarket chain Walmart, at the forefront of large-scale organised distribution. Walton has also been called the third best manager of all time.


Publishing house:

Doubleday

Year:

2003

Pages:

288

ISBN:

978-0385511209