Sam Walton’s Rules for Building a Business

By Bigg Success Staff
04-15-08

Bigg Success in Business

Sam Walton built the world’s largest retailer from a single store. He says that he wasn’t much of a rule-follower, but in the end, there were things that he did that he felt made him successful.

In his autobiography, Made in America, he described ten things that worked for him.

#1 – Commit to your business.

#2 – Share your profits with all your associates, and treat them as partners.

#3 – Motivate your partners.

#4 – Communicate everything you possibly can to your partners.

#5 – Appreciate everything your associates do for the business.

#6 – Celebrate your successes.

#7 – Listen to everyone in your company.

#8 – Exceed your customers’ expectations.

#9 – Control your expenses better than your competition.

#10 – Swim upstream.

And his unstated bonus rule … #11 – Break all the rules!

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