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I pay low wages. I can take advantage of that. We're going to be successful, but the basis is a very low-wage, low-benefit model of employment.

Sam Walton

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Sam Walton
Age: 74 †
Born: 1918
Born: March 29
Died: 1992
Died: April 5
Businessman
Businessperson
Economist
Entrepreneur
Kingfisher
Oklahoma
Samuel Moore Walton
Take
Bases
Wage
Going
Lows
Wages
Models
Employment
Benefits
Employee
Advantage
Benefit
Pay
Greed
Successful
Model
Success
Basis

More quotes by Sam Walton

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I think I overcame every single one of my personal shortcomings by the sheer passion I brought to my work. I don't know if you're born with this kind of passion, or if you can learn it. But I do know you need it.
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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.
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I think my constant fiddling and meddling with the status quo may have been one of my biggest contributions to the later success of Wal-Mart.
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When all else fails, put on a costume and sing a silly song.
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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.
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It's just paper - all I own is a pickup truck and a little Wal-Mart stock.
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I probably have traveled and walked into more variety stores than anybody in America. I am just trying to get ideas, any kind of ideas that will help our company. Most of us don't invent ideas. We take the best ideas from someone else.
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The secret of successful retailing is to give your customers what they want
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I loved retail from the beginning, and I still love it today.
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High expectations is the key to everything.
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Some families sell their stocks off a little bit at a time to live high, and then - boom - somebody takes them over, and it all goes down the drain.
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Great ideas come from everywhere if you just listen and look for them. You never know who's going to have a great idea.
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I've always been driven to buck the system.
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Individuals don't win in business, teams do.
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Don't get so stuck in your ways that you can't change.
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I not only knew I wanted to go into retailing, I also knew I wanted to go into business for myself.
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Exceed your customer's expectations. If you do, they'll come back over and over. Give them what they want - and a little more.
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Nothing else can quite substitute for a few well-chosen, well-timed, sincere words of praise. They're absolutely free and worth a fortune
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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.
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Share your profits with all your associates, and treat them as partners. In turn, they will treat you as a partner, and together you will all perform beyond your wildest expectations.
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