According to Sam, before Wal-Mart became a Multi-billion dollar company, when they only had five stores, they spent only 2% of their sales revenue on their costs.
Continue Reading Business lessons (31-40) from Sam Walton
According to Sam, all his children "worked in the stores, invested in the stores and shopped in the stores". As his children grew older, he gave then a choice whether to work for Wal-Mart or not...
Continue Reading Business lessons (21-30) from Sam Walton