Sam Walton Quotes

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Sam Walton

Walton, as he appears in David H. Hickman High School’s yearbook
Born Samuel Moore Walton
(1918-03-29)March 29, 1918
Kingfisher, Oklahoma, U.S.
Died April 5, 1992(1992-04-05) (aged 74)
Little Rock, Arkansas, U.S.
Nationality American
Alma mater University of Missouri 1940
Occupation Founder of Walmart and Sam’s Club
Net worth US$8.6 billion (at the time of death)[1]
Spouse(s) Helen Robson (1943 – 1992; his death)
Children 11

I learned early on that one of the secrets of campus leadership was the simplest thing of all: speak to people coming down the sidewalk before they speak to you. I would always look ahead and speak to the person coming toward me. If I knew them I would call them by name, but even if I didn't I would still speak to them.
Sam Walton
Appreciate everything your associates do for the business.
Control your expenses better than your competition. This is where you can always find the competitive advantage.
Sam Walton
All of us profit from being corrected – if we're corrected in a positive way.
Sam Walton
One person seeking glory doesn't accomplish very much.
Capital isn't scarce; vision is.
The way management treats associates is exactly how the associates will treat the customers.
Sam Walton
I got into retailing because I wanted a real job.
I've never been one to dwell on reverses.
Swim upstream. Go the other way. Ignore the conventional wisdom.
The key to success is to get out into the store and listen to what the associates have to say.
Sam Walton
We're all working together; that's the secret.
Loosen up, and everybody around you will loosen up.
Each Wal-Mart store should reflect the values of its customers and support the vision they hold for their community.
Sam Walton
There is only one boss. The customer. And he can fire everybody in the company from the chairman on down, simply by spending his money somewhere else.
Sam Walton
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
If you love your work, you'll be out there every day trying to do it the best you possibly can, and pretty soon everybody around will catch the passion from you – like a fever.
Sam Walton
If everybody is doing it one way, there's a good chance you can find your niche by going exactly in the opposite direction.
Sam Walton
Celebrate your successes. Find some humor in your failures.
Give ordinary folk the chance to buy the same things as rich people.
Maybe I was born to be a merchant, maybe it was fate. I don't know about that. But I know this for sure: I loved retail from the very beginning.
Sam Walton
All that hullabaloo about somebody's net worth is just stupid, and it's made my life a lot more complex and difficult.
Sam Walton
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
I probably have traveled and walked into more variety stores than anybody in America.
Sam Walton
We let folks know we're interested in them and that they're vital to us. cause they are.
Sam Walton
High expectations are the key to everything.
Most of us don't invent ideas. We take the best ideas from someone else.
Sam Walton
Exceed your customer's expectations. If you do, they'll come back over and over. Give them what they want – and a little more.
Sam Walton
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
In the beginning, I was so chintzy I really didn't pay my employees well.
Sam Walton
I learned this early on in the variety business: You've got to give folks responsibility, you've got to trust them, and then you've got to check on them.
Sam Walton
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.
Sam Walton
What am I supposed to haul my dogs around in, a Rolls-Royce?
I had to pick myself up and get on with it, do it all over again, only even better this time.
Sam Walton
I have always been driven to buck the system, to innovate, to take things beyond where they've been.
Sam Walton
I don't know what would have happened to Wal-Mart if we had laid low and never stirred up the competition. My guess is that we would have remained a strictly regional operator.
Sam Walton