-the owner of Walmart
-sold things cheaper
-it outgrew every other retail dealer
-was an active and inquisitive boy
-attendend several grammar classes
-sold milk after football practice
-his parent fought often
-played almost every sport
-was a natural leader
-worked delivering paper
-got his first job at the jc penny store
-in 1942 he joined the army but didnt pass the physical
-met his future wife while bowling
-were married in 1943
-had their first child in 1944
-made sure he would be very frugle so that he always had money in bank
-in 1945 bought a store for $25000
-had no hesitation in underpricing the competition
-worked around the clock
-finally got the store doing well
-was very willing to learn
-he looked for a new place to start a store
-bought a five and dime store on the corner of the town square
-was very very energetic
-kept looking for new ideas to inprove his company
-decided to allow the customers to fetch their own products
-it allowed him to have fewer workers so he could charge less
-it was a huge success
-in the 1960's sam had the most stores in usa
-changed the name to walmart
-his first walmart store was a huge success
-sam hired a secretary
-in 1969 he had 18 walmarts
-was up before dawn and on the road
-by 1972 he had 32 stores
-he wanted to become the best retailer in the company
-when he lost 1.4 billion dollars he just said its money
-the company wass making over 16 billion dollars a year
-died in 1992 april 5
-was always in the right place at the right time
-was a genius and somewhat lucky
No comments:
Post a Comment