The 10 Rules of Sam Walton: Success Secrets for Remarkable Results

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Author: Michael Bergdahl

ISBN-10: 0470126833

ISBN-13: 9780470126837

Category: Consumer Goods Industry - History

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Sam Walton was one of the most successful entrepreneurs of our time. He was also a self-made man. Starting from scratch, with a singularity of focus, he built Wal-Mart into the largest and most successful company in the world. As a continuous learner, Walton was committed to constantly increasing his own knowledge. He challenged existing business theories and paradigms by developing and implementing a new set of rules and used this new information to build and improve every aspect of Wal-Mart. During his career, Walton—who associates respectfully referred to as "Mr. Sam"—developed a list of what he considered the most important rules for entrepreneurial success. As far as he was concerned, there were ten key result areas that he considered pivotal to his own success. In The 10 Rules of Sam Walton, author Michael Bergdahl offers you an insider's perspective of Mr. Sam's genius, by revealing the story behind the self-professed rules Walton embraced in order to become successful. Entwined in each of these rules are reoccurring themes of innovation, common sense, hard work, the power of positive thinking, and how to treat people. With each chapter dedicated to one rule, you'll quickly discover how to:Motivate yourself and others to achieve your dreamsCommunicate with people and show that you careAppreciate and recognize people for their effort and resultsListen to others and learn from their ideasControl expenses and save your way to prosperitySwim upstream, be different, and challenge thestatus quoAnd much moreEach of Mr. Sam's ten rules is easily understandable and can be duplicated by anyone in both their professional and personal lives. But, like so many things Wal-Mart does, these rules require a high degree of discipline to implement. As a former Wal-Mart employee, Bergdahl had the opportunity to work directly with Sam Walton. These experiences have provided him with a treasure trove of great lessons, experiences, and stories that he now shares throughout the pages of The 10 Rules of Sam Walton.

Foreword by Rob Walton. Acknowledgments. Introduction Set High Expectations for Everything You Do. Rule #1 COMMIT to Achieving Success and Always Be Passionate. Rule #2 SHARE SUCCESS with Those Who Have Helped You. Rule #3 MOTIVATE Yourself and Others to Achieve Your Dreams. Rule #4 COMMUNICATE with People and Show You Care. Rule #5 APPRECIATE and Recognize People for Their Efforts and Results. Rule #6 CELEBRATE Your Own and Other’s Accomplishments. Rule #7 LISTEN to Others and Learn from Their Ideas. Rule #8 EXCEED EXPECTATIONS of Customers and Others. Rule #9 CONTROL EXPENSES and Save Your Way to Prosperity. Rule #10 SWIM UPSTREAM, Be Different, and Challenge the Status Quo. Conclusion Our People Make the Difference. About the Author. Index.