I’ve met multiple people who personally knew Sam and only have great things to say about him. The main takeaways from Sam Walton: Made in America were Sam’s focus on the customer, Sam’s focus on frugality and efficiency, and Sam’s tenacious approach to self-improvement. Adonis Sumlin , 12/30/2018. He basically grown up selling stuff and he knew very early in life that he wanted to work in the retail business. Parked it for the second time read sometime next year. And he took ideas from all over the places. It might be one of the biographies in which I’ve learned the most so far. Life is unfair: early on a major setback sowed Wa, A life for the company: always at work, only live for work, Investment in the future at the cost of less earning today. Sam Walton was definitely the O.G. But nope, it's about the Walmart story! He answered with bigger, one-stop stores, long opening hours, and free and abundant parking. But Mayer left together with dozens of top-level managers who supported him. Taking the job away from Mayer when he was the CEO was a risky move. And this is probably the biography I have enjoyed and learned the most from so far. There wasn't a lot of personal detail here, it was more a biography of Wal-Mart, kind of like how Walter Isaacson's book was more a biography of Apple than of Steve Jobs. I honestly don't know what I think about this book. Not for those who love framework based consulting approaches to tackle simple problems in life. But Walton had a different philosophy: if customers shopped at Walmart it was because Walmart gave people a better experience. I know for a fact that many have changed and I think Sam Walton would not be happy about some of the changes. One of his favorite past times was to visit the stores of his competitors and figure out what works for them. His family is one of the most wealthy families on the planet and Walmart is the most successful retail store in the world. Sam Walton is a great example of a man with very strong values and principles, despite all of the success and failures Sam never sacrificed his core values. This book was sitting on my shelf for a year or so and I figured why not - I opened the book, hoping for another solid book on business from a genuine success story. Two years later the internal faction was becoming so big that Sam met with Mayer to claim his CEO job back. And he made it more efficient. Instead, Walton used the proceed of his stores to open up new stores. Of course, Sam Walton might have really believed in what he says, but that stands a bit in the way of Walmart being one of the richest corporations and one of the lowest paying employers in America. That makes the book funny and engaging. Lesson Learned: lower your prices to sell more and you still come out with a bigger profit. Sam Walton: Made in America was such a great read. K B S Kumar This is a review of the book “Sam Walton: Made in America” written by Sam Walton and John Huey and published by Bantam Books, May 1993. Since this is an autobiography, I'm expecting this to touch more on his life story: his childhood, beliefs, and etc. Fact Sheet Episode #16 Made In America My Story Sam Walton “First, he gets up every day bound and determined to improve something. A life for the compa… During the last year of his life in 1991 the founder of the largest retail empire in the world, Walmart, Sam Walton, wrote his autobiography with John Huey, then a senior editor at Fortune magazine. Pinterest Sam Walton Made In America Summary. p.50, “Two things about Sam Walton distinguish him from almost everyone else I know. During the ensuing price was toothpaste reached an all-time low of 6 cents when Kmart finally gave up. His father was a hard-working man, but he never managed to start his business because, out of pride, he refused to take out a loan. They’d need to find parking each time, and all stores would close early. Although Sam says he's a "friendly fellow," he was not pleased by the attention and put a lid on the personal information released to the public. One day in 1955 a store manager called Sam to say he’d raised his stores’ employees wages from 50 cents to 75 cents. Sam Walton: Made in America Summary Brief Biography of Sam Walton and Wal-Mart (Shortform note: Published in 1992, Made in America covers the history of Wal-Mart, from a single store in Arkansas to a worldwide retail titan. I think Wal-mart has changed a lot from when Sam Walton first envisioned the store. In this book you can learn some "universal" principles of success, like: Work hard, have mentors, learn of your mistakes, failure is a good thing, love your job, give value to the universe and break the rules ! Read honest and unbiased product reviews from our users. Sam Walton: Made In America Review. Walton gave the order that everything in Walmart has to be as cheap or cheaper than the Kmart’s items. As mentioned in Brad Stone's book about Amazon, there's no doubt that Jeff Bezos took a number of pages out of San Walton's playbook. You never know who’s going to have a great idea.”, Thrive: 30 Inspirational Rags-to-Riches Stories, Goodreads Staffers Share Their Top Three Books of the Year. -- The New York Times Book Review From the Back Cover Meet a genuine American folk hero cut from the homespun cloth of America's heartland: Sam Walton, who parlayed a single dime store in a hardscrabble cotton town into Wal-Mart, the largest retailer in the world. Sam’s 10 rules for running a successful company include general business, leadership and management principles relevant to most fields. In today’s tech world it would be easy to discount Sam Walton: Made in America as yesterday’s success story. This book will give you a short version of how Sam Walton the head of the Wal-Mart empire started out in the business of retail and what he did to become so successful Or, God forbid, enjoy a lavish lifestyle. The trends I’m seeing are: Great learning stuff. Walton was making good profits with Walmart, but he didn’t let his money grow. Most people put their ego ahead and look at the competition to gloat on what they’re doing better. The thing that surprised me was that it was not at all boring because his style of writing. Only made it 30% of the way through. This book was sitting on my shelf for a year or so and I figured “why not” - I opened the book, hoping for another solid book on business from a genuine success story. Fun book with a lot of insights for running a retail business. The “Walmart cheer” was born. When Sam promoted one of his VP as CEO a power struggle erupted. As soon as the announcement is made, the press and media infiltrate the home and daily life of Sam Walton and his family. This is the biggest takeaway for me. Sam Walton: Made In America is the autobiographical account of the man behind the biggest retail chain ever built. Being an autobiography it was a little out of my comfort zone because I am usually used to sticking with the dystopian genre. For example, the Wal-Mart culture that he repeatedly paints a picture of in the book sounds pretty phenomenal-- an environment of friendliness, down-home/small-town atmosphere, and creativity-- but I can't really say I've felt that vibe from. The trends I’m seeing are: 1. Taking the book Sam Walton: Made in America off the shelf I started reading it and I was in for a surprise. Being an autobiography it was a little out of my comfort zone because I am usually used to sticking with the dystopian genre. 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