Sam Walton was an American entrepreneur and businessman who founded the retail chains Walmart and Sam’s Club.

Wal-Mart Stores Inc. has grown to become the world’s largest business in terms of sales as well as the world’s largest private employer.

Walton was the wealthiest man in America for a longest time.

We have made a list of the topmost quotes from Sam Walton for you.

Best Sam Walton Quotes

You can make a positive out of the most negative if you work at it hard enough. ~ Sam Walton.

I learned a long time ago that exercising your ego in public is definitely not the way to build an effective organization. ~ Sam Walton.

Celebrate your successes. Find some humor in your failures. ~ Sam Walton.

Celebrate your successes. Find some humor in your failures. ~ Sam Walton.

In the beginning, I was so chintzy I really didn’t pay my employees well. ~ Sam Walton.

Each Wal-Mart store should reflect the values of its customers and support the vision they hold for their community. ~ Sam Walton.

If you love your work, you’ll be out there every day trying to do it the best you possibly can, and pretty soon everybody around will catch the passion from you – like a fever. ~ Sam Walton.

Outstanding leaders go out of their way to boost the self-esteem of their personnel. If people believe in themselves, it’s amazing what they can accomplish. ~ Sam Walton.

All of us profit from being corrected – if we’re corrected in a positive way. ~ Sam Walton.

Many of our best opportunities were created out of necessity. ~ Sam Walton.

If you don’t want to work weekends, you shouldn’t be in retail. ~ Sam Walton.

One person seeking glory doesn’t accomplish very much. ~ Sam Walton.

I have always been driven to buck the system, to innovate, to take things beyond where they’ve been. ~ Sam Walton.

Take the best out of everything and adapt it to your needs. ~ Sam Walton.

If you take someone who lacks the experience and the know-how but has the real desire and the willingness to work his tail off to get the job done, he’ll make up for what he lacks. And that proved true nine times out of ten. ~ Sam Walton.

I had to get up everyday with my mind set on improving something. ~ Sam Walton.

No question about it, a lot of my attitude toward money stems from growing up during a pretty hardscrabble time in our country’s history: the Great Depression. ~ Sam Walton.

If I had to single out one element in my life that has made a difference for me, it would be a passion to compete. ~ Sam Walton.

Exceed your customer’s expectations. If you do, they’ll come back over and over. Give them what they want – and a little more. ~ Sam Walton.

Control your expenses better than your competition. This is where you can always find the competitive advantage.~ Sam Walton.

The best way to reduce paying estate taxes is to give your assets away before they appreciate. ~ Sam Walton.

You can make a lot of mistakes and still recover if you run an efficient operation. Or you can be brilliant and still go out of business if you’re too inefficient. ~ Sam Walton.

I loved retail from the beginning, and I still love it today. ~ Sam Walton.

Give ordinary folk the chance to buy the same things as rich people. ~ Sam Walton.

Nothing else can quite substitute for a few well-chosen, well-timed, sincere words of praise. They’re absolutely free and worth a fortune. ~ Sam Walton.

I had to pick myself up and get on with it, do it all over again, only even better this time. ~ Sam Walton.

Most of us don’t invent ideas. We take the best ideas from someone else. ~ Sam Walton.

We’re all working together; that’s the secret. ~ Sam Walton.

I not only knew I wanted to go into retailing, I also knew I wanted to go into business for myself. ~ Sam Walton.

Loosen up, and everybody around you will loosen up. ~ Sam Walton.

The key to success is to get out into the store and listen to what the associates have to say. ~ Sam Walton.

High expectations are the key to everything. ~ Sam Walton.

If everybody is doing it one way, there’s a good chance you can find your niche by going exactly in the opposite direction. ~ Sam Walton.

It’s a proven fact – it costs five times more to gain a new customer than to retain a current one. ~ Sam Walton.

I had to pick myself up and get on with it, do it all over again, only even better this time. ~ Sam Walton.

Most everything I’ve done I’ve copied from somebody else. ~ Sam Walton.

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. ~ Sam Walton.

I guess everybody who knew I was going ahead with the discounting idea on my own really did think I’d completely lost my mind. ~ Sam Walton.

What we were obsessed with was keeping our prices below everybody else’s. ~ Sam Walton.

I usually felt that if a fellow could manage his own finances, he would be more successful managing one of our stores. ~ Sam Walton.

Another way we tried hard to make up for our lack of experience and sophistication was to spend as much time as we could checking out the competition. It’s something I did from the beginning, and it’s something I insisted all our managers do. ~ Sam Walton.

I guess the kids thought of themselves as slave labor back then, but we didn’t work them that hard. We just taught them the value of work. ~ Sam Walton.

Do it. Try it. Fix it. ~ Sam Walton.

Swim upstream. Go the other way. Ignore the conventional wisdom. ~ Sam Walton.

The way management treats associates is exactly how the associates will treat the customers. ~ Sam Walton.

If you want the people in the stores to take care of the customers, you have to make sure you’re taking care of the people in the stores. That’s the most important single ingredient of Wal-Mart’s success. ~ Sam Walton.

One of my assets is my willingness to try something new, to change. ~ Sam Walton.

A computer can tell you down to the dime what you’ve sold. But it can never tell you how much you could have sold. ~ Sam Walton.

Ignore the conventional wisdom. If everybody else is doing it one way, there’s a good chance you can find your niche by going in exactly the opposite direction. ~ Sam Walton.

The two most important words I ever wrote were on that first Walmart sign, ‘Satisfaction Guaranteed.’ ~ Sam Walton.

There’s absolutely no limit to what plain, ordinary, working people can accomplish if they’re given the opportunity and encouragement to do their best. ~ Sam Walton.

All that hullabaloo about somebody’s net worth is just stupid, and it’s made my life a lot more complex and difficult. ~ Sam Walton.

Keep everybody guessing as to what your next trick is going to be. Don’t become too predictable. ~ Sam Walton.

And like most other overnight successes, it was about twenty years in the making. ~ Sam Walton.

The folks on the front lines – the ones who actually talk to the customer – are the only ones who really know what’s going on out there. ~ Sam Walton.

The goal of a company is to have customer service that is not just the best but legendary. ~ Sam Walton.

Why do I drive a pickup truck? What am I supposed to haul my dogs around in, a Rolls-Royce? ~ Sam Walton.

Nothing else can quite substitute for a few well-chosen, well-timed, sincere words of praise. ~ Sam Walton.

Biography of Sam Walton

Sam Walton (1918-1992) was an American entrepreneur and businessman best known for founding the world’s largest company by revenue: Walmart. He is also honored as one of America’s foremost philanthropists.

Walton held a number of jobs in his youth, starting with delivering newspapers and running mops at a service station. When he was older and taller than average, he found difficulty buying clothes that fit him.

Walton served as a U.S. Marine during World War II on the island of Bougainville, where he hauled ammunition and supplies from the ship to the shore as part of Operation Cartwheel, which led to Japan’s defeat in 1945.

After returning from his stay as a marine, Walton went to work for J.C. Penney at their Des Moines, Iowa branch as an assistant manager in charge of shoes and later men’s clothing. He left the company after 10 years because they refused to let him move his department into retailing or another position that interested him more.

Walton founded Walmart in Arkansas in 1962 with his brother Bud Walton and John Walton and assisted by his wife Helen and a loan of $25,000. They opened with an initial capital of just $60,000.

In the first few years, Sam struggled to keep the business afloat. He described those days as “living hand to mouth.” On Sundays at 1:00 PM he would leave the store in another employee’s hands and drive around to neighboring towns in a pickup truck with a one dollar bill, five dollar bill and a 10 dollar bill in his pocket. He would look for store managers of other stores closing up for the day and see if he could purchase items cheaply from them before they closed.

In the 1981 documentary “Made In America,” Sam Walton described how he would scrutinize the prices of his competitors and drive to their store and purchase the item at a lower price and then mark it up and sell it for a higher price than they were offering.

Walton was known for promoting the idea that every customer, regardless of income or social status, deserves courteous service. He felt that everyone deserved to be treated like royalty.

Walton advocated for his stores’ management team to use their discretion when writing up employees, believing that managers should only reprimand associates in private and never humiliate or embarrass them. He urged them not to write up employees just because they were shorthanded. He encouraged the hiring of good people who liked people and were good at customer service.

Walton was noted for his leadership style of delegating duties to subordinates and letting them make decisions on their own instead of issuing orders. He also had a habit of walking around the store, talking to employees and spending time with customers.

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