Quote

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.

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
Live
Families
Little
Sells
Time
Goes
Somebody
Drain
Bits
Boom
Takes
Drains
High
Stocks
Littles
Sell

More quotes by Sam Walton

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Leaders must always put their people before themselves. If you do that, your business will take care of itself.
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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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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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One thing my and mother and dad shared completely was their approach to money - they just didn't spend it.
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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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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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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
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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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Do it. Try it. Fix it.
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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.
Sam Walton
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Individuals don't win in business, teams do.
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Focus on something the customer wants, and then deliver it.
Sam Walton
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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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Don't get so stuck in your ways that you can't change.
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Each Wal-Mart store should reflect the values of its customers and support the vision they hold for their community.
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Curiosity doesn't kill the cat it kills the competition.
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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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Somehow over the years people have gotten the impression that Wal-Mart was...just this great idea that turned into an overnight success. But...it was an outgrowth of everything we'd been doing since [1945]...And like most overnight successes, it was about twenty years in the making.
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I believe in always having goals, and always setting them high.
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