10 Rules for Success from Sam Walton of Walmart


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Personally, I really like to surf around richdad.com’s forum because from there I can read a lot of great information on how to be rich, get motivated and be success.

 

Today, as usual, I found a great article from richdad.com which is about 10 Rules for Success from Sam Walton of Walmart. Let’s see what are the rules:

 

  1. Commit to your business
  2. Share your profits with all your associate
  3. Motivate your partners
  4. Communicate everything you possibly can to your partner
  5. Appreciate everything your associates do for the business
  6. Celebrate your success and find humor in your failures
  7. Listen to everyone in your company
  8. Exceed your customer’s expectations
  9. Control your expenses better than your competition
  10. Swim Upstream / Go the other way.

 

Well, as you can see, Sam Walton pays more attention on business partners and associate. I can imagine that manage a big hypermarket like Walmart, partners and associates are really important. Most of the time, Sam Walton have to depend on them to get things done.

 

Personally, I totally agree with rule #8 and #10. I was told by my mentor that Do more than your customer expect and Do what others never do are ways to let your business stand out the crowd.  

 

Source : Richdad.com

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