Sam Walton's Way [#1 Company in the World's Founder]

Wal-Mart was one of the Most Successful company and absolutely Biggest Retail Company of our time. Sam Walton was one of the most successful entrepreneurs of our time. Even after he passed away, two of his son still in the top 5 of richest man in the world.

Sam Walton was a simple, unique, and and self-made man. Starting from scratch, with a singularity of focus, he built Wal-Mart into the largest and most successful company in the world.

As a continuous learner, Walton was committed to constantly increasing his own knowledge. He challenged existing business theories and paradigms by developing and implementing a new set of rules and used this new information to build and improve every aspect of Wal-Mart.

Here is set of rules that he considered as his entrepreneur key success:

*Motivate yourself and others to achieve your dreams
*Communicate with people and show that you care
*Appreciate and recognize people for their effort and results
*Listen to others and learn from their ideas
*Control expenses and save your way to prosperity
*Swim upstream, be different, and challenge thestatus quo

In leadership aspects, here is what he considered the best:
*Listen to your people and respond to their needs
*Recruit employees who have the capacity to replace you
*Allow people to think and try new things
*Create an environment that allows your staff to comfortably disagree with you

While many leader thinks that what they said is the only one that matter,Walton just did the opposite. He encourages his employee to critize, complain, and disagree with his thought. His eagerness to learn is contagious in his entire company. This is why they always motivated to move forward and take Wal-Mart as their own family.