Quote

Information is power, and the gain you get from empowering your associates more than offsets the risk of informing your competitor.

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
Power
Competitor
Associates
Competitors
Empowering
Gain
Gains
Risk
Information
Informing

More quotes by Sam Walton

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One thing my and mother and dad shared completely was their approach to money - they just didn't spend it.
Sam Walton
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When all else fails, put on a costume and sing a silly song.
Sam Walton
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We let folks know we're interested in them and that they're vital to us. cause they are.
Sam Walton
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The secret of successful retailing is to give your customers what they want
Sam Walton
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Focus on something the customer wants, and then deliver it.
Sam Walton
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We're all working together that's the secret. And we'll lower the cost of living for everyone, not just in America, but we'll give the world an opportunity to see what it's like to save and have a better lifestyle, a better life for all. We're proud of what we've accomplished we've just begun.
Sam Walton
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High expectations are the key to everything.
Sam Walton
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...You can make a positive out of most any negative if you work at it hard enough.
Sam Walton
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Each Wal-Mart store should reflect the values of its customers and support the vision they hold for their community.
Sam Walton
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Communicate everything you can to your associates. The more they know, the more they care. Once they care, there is no stopping them.
Sam Walton
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Curiosity doesn't kill the cat it kills the competition.
Sam Walton
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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.
Sam Walton
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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
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Our best ideas come from clerks and stockboys.
Sam Walton
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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
Sam Walton
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It's just paper - all I own is a pickup truck and a little Wal-Mart stock.
Sam Walton
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Commit to your business. Believe in it more than anybody else.
Sam Walton
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Swim upstream. Go the other way. Ignore the conventional wisdom.
Sam Walton
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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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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.
Sam Walton