Leadership Lessons Sam Walton

10 Rules for building a successful business  

Sam Walton’s plan started in the early 1950s, when, on the advice of his father-in-law, he set up a family partnership, made up of him, his wife, Helen, and their four children, to own his two variety stores. By doing that, he began planning his estate and building family wealth years before he opened the first Wal-Mart in 1962.

 

  • ^COMMIT to your business
  • ^SHARE your success
  • ^MOTIVATE your partners
  • ^COMMUNICATE
  • ^APPRECIATE and RECOGNIZE
  • ^CELEBRATE accomplishments
  • ^LISTEN to everyone
  • ^EXCEED your customers expectations
  • ^CONTROL your expenses
  • ^BE DIFFERENT