Sam Walton’s Rules for Building a Business
© Copyright Frank D. Kanu 2000-2008
Sam Walton also said: “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 elsewhere.”
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Commit to your business. Believe in it more than anybody else.
Share your profits with all your associates, and trust them as a Partner, and together you will all perform beyond your wildest expectations.
Motivate your partners.
Communicate everything you possibly can to your partners. The more they know, the more they’ll understand. The more they understand the more they’ll care. Once they care, there’s no stopping them.
Appreciate everything your associates do for your business.
Celebrate your successes. Find some humor in your failures. Don’t take yourself so seriously. Loosen up and everybody around you will loosen up. Have fun. Show enthusiasm — always.
Listen to everyone in your company.
Exceed your customer’s expectations. If you do, they’ll come back over and over.
Control your expenses better than your competition.
Swim upstream.
Share your profits with all your associates, and trust them as a Partner, and together you will all perform beyond your wildest expectations.
Motivate your partners.
Communicate everything you possibly can to your partners. The more they know, the more they’ll understand. The more they understand the more they’ll care. Once they care, there’s no stopping them.
Appreciate everything your associates do for your business.
Celebrate your successes. Find some humor in your failures. Don’t take yourself so seriously. Loosen up and everybody around you will loosen up. Have fun. Show enthusiasm — always.
Listen to everyone in your company.
Exceed your customer’s expectations. If you do, they’ll come back over and over.
Control your expenses better than your competition.
Swim upstream.
Sam Walton also said: “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 elsewhere.”
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