Sam Walton

Sam Walton

Biography

 Birthplace of the "king of trade" in the small town of Kingfisher, in the state of Oklahoma, in 1918. About his childhood, little is known, and he was not disposed to memories of him. His parents often quarreled and generally got along poorly with each other. Sam so often had to gain worldly wisdom in street universities. He lost it in the stadium, in a society of scouts. And since childhood well learned two lessons: one can only achieve something persistence and help in this smile. In the early 1940s, Sam graduated from the University of Missouri (where he received a Bachelor of Business) and started his career. Working in the firm «Claremore», he fell in love with co-worker - Helen Robson and in 1943 he married her. It was a good choice. First, he married for love. Secondly, the wife was from a wealthy family.

Business story

 Waltons store was ridiculously small even for Newport, with its four thousand inhabitants. The only major store in the city belonged to Mr. Sterling. Compete with it, it seemed useless. But it only seemed. Sam knew: persistence and a winning smile can make a difference. He personally greeted each visitor on the doorstep and demonstrate such kindness, as if he had seen the long-awaited, dear and loved one. He talked to him as if only for the sake of him and opened his shop. He spent hours talking with each client about everything. Tirelessly talked about his son Robson and family affairs. Feeling his strength and confidence, Sam is launching a multi-faceted and long-term project to develop their trade. In August 1962, on the outskirts of the city of Rogers (in Arkansas) Walton opened supermarket called «Waltons Five &; Dime». His administration, he handed his brother Bud. Thus began a huge trading empire. After 5 years, in 1967, he was already 24 shops, and sales reached $ 12 million. Sam stays true to our strategy, and she did not fail. He goes to buy goods and is not afraid to take risks and lose, as I am sure that will succeed. Sam always told his employees: "There is one boss - the customer. He could shift in any company: from the director to the loader that just spend the money elsewhere. "

Conclusion

 The business of Sam Walton is alive and well. Today, the "empire" has more than four thousand shops, scattered throughout the world, with a daily 70000th product mix. She - the world's largest operator of retail - is engaged in retail sales of toys, electronics, pharmaceuticals, footwear, textiles, etc. The total sales of more than $ 200 billion a year. Shops «Wal-Mart» serve over 100 million customers a week. Today, according to the newspaper "Financial Times" - is the most reputable company in the world, the symbol of which was the huge smile gay man. The principles that guided the creator trading empire - are outdated. They cannot be out of date, because it is based on the "human factor." And not only trade, but any business will prosper if it focuses primarily on the man and his needs. It seems to be the conventional wisdom. But they have helped to become great business people not only Walton, and many others.