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SAM WALTON – MADE IN AMERICA

This book is about the Sam Walton autobiography, and tells us about his personality, his passion, his vision, his philosophy, his tenacity, but also his generosity and the best example of it is this book.
“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. It’s a story about believing in your idea, even when maybe some others folks don’t, and about sticking to your guns”- Sam Walton
He was born in kingfisher, Oklahoma in 1918 and lived there until he was about five, but he earliest memories are of Springfield, Missouri, where he started school, and later of the little Missouri town of Marshall. After …ver más…

Rule 2:
Share your profits with your associates, and treat them as partners. In turn, they will treat you as a partner, and together you will all perform beyond your wildest expectations. Remain a corporation and retain control if you like, but behave as a servant leader in a partnership. Encourage your associates to hold a stake in the company. Offer discounted stock, and grant them stock for their retirement. It’s the single best thing we ever did.
Rule 3:
Motivate your partners. Money and ownership along aren’t enough. Constantly, day by day, think of new and more interesting wise to motivate and challenge your partners. Set high goals, encourage competition, and then keep score. Make bets with outrageous payoffs. If things get stale, cross-pollinate; have managers switch jobs with one another to stay challenge. Keep everybody guessing as to what your next trick is going to be. Don’t become too predictable.
Rule 4: 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. If you don’t trust your associates to know what’s going on, they’ll know you don’t really consider them partners. Information is power, and the gain you get from empowering your associates more than offsets the risk of