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

More quotes by 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.
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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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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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Curiosity doesn't kill the cat it kills the competition.
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I loved retail from the beginning, and I still love it today.
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Commit to your business. Believe in it more than anybody else.
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Don't get so stuck in your ways that you can't change.
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Information is power, and the gain you get from empowering your associates more than offsets the risk of informing your competitor.
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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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It's just paper - all I own is a pickup truck and a little Wal-Mart stock.
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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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Individuals don't win in business, teams do.
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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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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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Communicate everything you can to your associates. The more they know, the more they care. Once they care, there is no stopping them.
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We let folks know we're interested in them and that they're vital to us. cause they are.
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The secret of successful retailing is to give your customers what they want
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Swim upstream. Go the other way. Ignore the conventional wisdom.
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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