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Sam Walton : Made in America My Story

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And to anybody willing to work hard to achieve the American Dream (or the dream in whichever country you’re in). It fit well, I think, with what he was trying to convey, ie that Wal-Mart is an everyman's type of company. There were incredibly few places where Walton went against any libertarian principles that I could tell. He resigned in 1942 in anticipation of being inducted into the military for service in World War II.

Sam loved what he was doing and his enthusiasm and motivation to grow more and more lead to the fast growth of his career. To get too focused on that is to miss out on a book full of wisdom by an interesting, humble character. A few years before the end of his life, Sam Walton decided to leave his history and the legacy of his company, Walmart, recorded in the autobiography, "Sam Walton: Made in America", which was written in partnership with the author John Huey. And I am sure his success as a trader and a businessman, his knowledge of finance and the law, and his philosophy had a big effect on me.Lost in-between those ramblings is him having owned a second home SOLELY for quail hunting, which he casually mentions like its something we can all do.

By controlling his expenses better than his competitors, thus creating a more efficient operation, he was able to establish and maintain an edge on his competition. A summary would be too long so I picked out some key bullet points and quotes about Sam’s life and attitudes towards life.He is also the founder and CEO of Four Minute Books, a collection of over 1,000 free book summaries teaching readers 3 valuable lessons in just 4 minutes each. A terrible man, of course; career billionaire who stole and profited from his workers [he even admits it in this book! If you know anything at all about the initial small-town strategy that got Wal-Mart going almost two decades later, you can see that this pretty much set the course for what was to come. The book’s spine began to be crinkled, yellow highlights and black pen annotations all over, including my own notes, thoughts, and ideas. e. if he discovered that there is a manager in the company who is not communicative to his team, the one would be dismissed shortly.

After Walmart became successful, Sam Walton was named the world’s richest person by Forbes magazine. He found the philosophy that set Wal-Mart apart in a competitor I started running all over the country studying the concepts. The language is folksy, making it a light one to bring on vacation or to read after a long day at work. Finances: He also worked to make his own money throughout school, starting with a newspaper route and later having multiple jobs.

I learned from a very early age that it was important for us kids to help provide for the home, to be contributors rather than just takers.

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