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Sam Walton: Made In America Mass Market Paperback – June 1, 1993
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From Library Journal
The late Sam Walton was one of the shrewdest and richest merchants in America. Centered on the building of his Wal-Mart empire, his book, like fellow magnate Sandra Kurtzig's CEO: Building a $400 Million Company from Ground Up ( LJ 5/1/91), is light on biography. However, readers will enjoy the folksy narrative of the small-town millionaire who revolutionized retail distribution. Walton also addresses accusations against him, such as running the competition out of town. Coauthor Huey does a fine job of incorporating candid testimonials from family members and associates, who thought Walton's ideas were sometimes silly. Shortly after Walton's death, the book was given an overly sentimental postscript (a minor detraction) and rushed into print. Highly recommended for public and academic business collections.
- Rebecca A. Smith, Harvard Business Sch. Lib.
Copyright 1992 Reed Business Information, Inc. --This text refers to an out of print or unavailable edition of this title.
"[A] wise and inspiring autobiography--Walton tells his quietly fantastic story with conviction and makes no bones about his mistakes."
-- San Francisco Chronicle
"It's a story about entrepreneurship, and risk, and hard work, and knowing where you want to go and being willing to do what it takes to get there. And it's a story about believing in your idea even when maybe some other folks don't, and about sticking to your guns."
-- Sam Walton
"Here is an extraordinary success story about a man whose empire was built not with smoke and mirrors, but with good old-fashioned elbow grease."
-- Detroit Free Press
"A sure-fire all-American success story."
-- The New York Times Book Review
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Top customer reviews
Sam's story of Wal-Mart tells of passion and purpose. What's possible if you believe in putting the customer first, showing love and care for your partners and your associates, and giving back to the community that enables free enterprise. One lesson most important of all is to persist. Also as Sam says, "To succeed in this world, you have to change all the time."
This book also illustrates the journey that faces all entrepreneurs of overcoming adversity and obstacles. It would give you inspiration to succeed in your venture.
This is a gem of a book. Thank you, Sam for sharing your remarkable story. Invest in this book, you will be glad you did. The book you don't read won't help.
Sam's views on pricing and how that affects volume is also helpful. A lot of small business owners refuse to "compete on price", but Sam built a 1/2 trillion dollar empire doing just that.
I think Wal-Mart has gotten an unfair share of negative PR. They are a great company that does much for American commerce.
If you're still foolishly reading my review, here's why I love this book so much:
- Sam tells his story from beginning to end, and explains his thinking and principles behind his decisions. He is extremely humble and down to earth.
- Sam will tell a story from his point of few and then on the next page, there will be long quote from someone involved giving their angle on the same story.
- I did my MBA a few years ago; this book should have been required reading. Anyone who understands Sam's principles and applies them will be extremely successful.
Lastly, the people who haven't even read this book and are giving it one star reviews...I hope someday they accomplish enough in life to be worthy to lick Sam's shoes. I wonder if anyone has ever worked harder, improved the lives of more people, and took less for himself than Sam Walton.
The USA is in desperate need of an education on free trade and economics. People believe that trade, robots, etc "destroy jobs." While you are hating robots and trade, why not add shovels to your list? One shovel destroys the jobs of 100 men digging with spoons. Don't stop at shovels. Every tool that improves efficiency and makes our lives better "destroys" jobs.
The secret to high paying jobs and being able to pay employees the highest wage possible is to give them the best tools possible so they can maximize their production. Every job that is eliminated by increased efficiency frees up a worker to do something else. After you're done reading this book, read Henry Ford's "My Life and Work." He paid extremely high wages and constantly hired more people while constantly cutting costs and improving efficiency.
If you're an entrepreneur, in the retail business, or just interested in business in general, you'd have to be crazy to not purchase this book.