Quote

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.

Sam Walton

Change background

T
T
T

Change font

TAGS & TOPICS

Sam Walton
Age: 74 †
Born: 1918
Born: March 29
Died: 1992
Died: April 5
Businessman
Businessperson
Economist
Entrepreneur
Kingfisher
Oklahoma
Samuel Moore Walton
Still
Efficient
Make
Operations
Brilliant
Mistakes
Mistake
Business
Inefficient
Running
Recover
Stills
Operation

More quotes by Sam Walton

Image
High expectations are the key to everything.
Sam Walton
Image
Money and ownership alone aren't enough. Set high goals, encourage competition, and then keep score.
Sam Walton
Image
Commit to your business. Believe in it more than anybody else.
Sam Walton
Image
I had to get up everyday with my mind set on improving something.
Sam Walton
Image
Each Wal-Mart store should reflect the values of its customers and support the vision they hold for their community.
Sam Walton
Image
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.
Sam Walton
Image
High expectations is the key to everything.
Sam Walton
Image
Nothing else can quite substitute for a few well-chosen, well-timed, sincere words of praise. They're absolutely free and worth a fortune
Sam Walton
Image
Don't get so stuck in your ways that you can't change.
Sam Walton
Image
...You can make a positive out of most any negative if you work at it hard enough.
Sam Walton
Image
Information is power, and the gain you get from empowering your associates more than offsets the risk of informing your competitor.
Sam Walton
Image
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
Image
I not only knew I wanted to go into retailing, I also knew I wanted to go into business for myself.
Sam Walton
Image
I believe in always having goals, and always setting them high.
Sam Walton
Image
Focus on something the customer wants, and then deliver it.
Sam Walton
Image
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
Image
Do it. Try it. Fix it.
Sam Walton
Image
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.
Sam Walton
Image
If one of our customers comes into the store without a smile, I'll give them one of mine.
Sam Walton
Image
Most everything I've done I've copied from somebody else.
Sam Walton