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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
Wages
Going
Lows
Employment
Models
Benefits
Employee
Advantage
Benefit
Pay
Greed
Successful
Model
Success
Basis
Wage
Take
Bases

More quotes by Sam Walton

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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 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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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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Do it. Try it. Fix it.
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I'd hate to see any descendants of mine fall into the category of what I'd call 'idle rich' - a group I've never had much use for.
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...You can make a positive out of most any negative if you work at it hard enough.
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The key to success is to get out into the store and listen to what the associates have to say. It's terribly important for everyone to get involved. Our best ideas come from clerks and stockboys.
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When all else fails, put on a costume and sing a silly song.
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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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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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There are only four things in life that matter. The first is happiness and I'll sell you the other three for a dollar.
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Individuals don't win in business, teams do.
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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.
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If one of our customers comes into the store without a smile, I'll give them one of mine.
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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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Job security lasts only as long as the customer is satisfied. Nobody owes anybody else a living.
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I learned a lesson which has stuck with me all through the years: you can learn from everybody. I didn't just learn from reading every retail publication I could get my hands on, I probably learned the most from studying what John Dunham was doing across the street
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I've always been driven to buck the system.
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Our best ideas come from clerks and stockboys.
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Celebrate your success and find humor in your failures. Don't take yourself so seriously. Loosen up and everyone around you will loosen up. Have fun and always show enthusiasm. When all else fails, put on a costume and sing a silly song.
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