25 Sam Walton Quotes That Will help You Succeed as An Entrepreneur

Category: ENTREPRENEURSHIP Published: Monday, 05 November 2018 Written by Life Coach Efosa Emovon


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Sam Moore Walton was a leading American entrepreneur who used the $25.000 loan given to him by his father-in-law to build the biggest retail company in the world. In fact, his retail stores Wal-Mart stores Inc. is today, the world’s largest corporation by revenue as well as the biggest private employer in the world.

Sam Walton was so successful in business in his time that he was named the richest man in American by Forbes magazine in 1985. Even when American was mired in an economic downturn in 1991, Walton’s stores proved successful.

Any wonder he was honored by President H.W. Bush with Presidential Medal of Freedom a year before his death in 1991.

Of course, there is a lot to learn from this great business mind that once walked on the face of the earth. If you wish to succeed faster as an entrepreneur, then you must learn from the master.

How? By meditating and acting on the entrepreneurial quotes below, by Mr. Sam Walton himself. If you let his words of wisdom re-echo in your heart they will help you create an entrepreneural spirit.

Hear Mr. Walton!



1.  “Business is a competitive endeavor and job security lasts only as long as the customer is satisfied. Nobody owes anybody else a living.”


2. “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.”


3. “We are all walking together, that is the secret.”


4. “Every time Wal-Mart spends one dollar foolishly, it comes right out of our customers’ pocket.”


5. “The secret of successful retailing is to give your customers what they want.”


6. “If one of my customers comes into the store without a smile, I will give them one of mine.”


7. “The key to success is to get out into the store and listen to what the associates have to say.”


8. “If you love your work, you will be out every day trying to do it the best you possibly can, and pretty soon everybody around the will catch the passion from you-like fever.”


9. And if the associates treat the customers well, the customers will return again and again, and that is where the real profit in this business lies. Not in trying to drag strangers into your stores for one-time purchases based on splashy sales or expensive advertising.”


10. “If American business is going to prevail, and be competitive, we are going to have to get accustomed to the idea that business conditions change, and that survivors, have to adapt to those changing conditions.”


11. “I had to pick myself up and get on with it, do it all over again, only even better this time.”


12. “Great ideas come from everywhere if you just listen and look for them. You never know who’s going to have a great idea.”


13. “Maybe I was born to be a merchant, maybe it was fate. I don’t know about that. But I know this for sure: I love retail from the very beginning.”


14. “I learned this early on in the variety business: you have got to give folks responsibility, you have got to trust them, and then you have got to check on them.”


15. “If people believe in themselves, it is amazing what they can accomplish.”


16. “I have always been driven to buck the system, to innovate, to take things beyond where they have been.”


17. “If we demonstrate in our sales and our earnings every day, every week, every quarter, that we are doing our job in a sound way, we will get the growth we are entitled to, and the market will respect us in a way that we deserve.”


18. “What we guard against around here is people saying, “Let’s think about it.” We make a decision. Then we act on it.”


19. “What is really worried me over the years is not our stock price, but that we might someday fail to take care of our customers, or that our managers might fail to motivate and take care of our associates.”


20. “Exceed your customer’s expectations. If you do, they will come back over and over. Give them what they want-and little more.”


21. “All of us profit from being corrected-if we are corrected in a positive way.”


22. “If everybody is doing it one way, there is a good chance you can find your niche by going exactly in the opposite direction.”


23. “Swim upstream. Go the other way. Ignore the conventional wisdom.”


24. “We used to get in some terrific fights. You have to be just as tough as they are. You can’t let them get by with anything because they are going to take care of themselves, and your job is to take care of the customer.”


25. “We are really not concerned with what they are doing wrong, we are concerned with what they are doing right, and everyone is doing something right.”







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