Best Business Advise from Sam Walton. (31-40) Important things Founder must know!
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.
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.
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...