The Walmart Story, 3-page Takeaway Summary

Standard

made-in-america

Walmart is an American institution that serves the entire country. Some live by it, others blame it for the demise of small business. The story behind its rise and the fundamental guiding principles of its founder, Sam Walton, is captured in the autobiography: Sam Walton, Made in America. While an autobiography may be somewhat bias, the book is filled with core business lessons and values that I believe are worth sharing. I’ve summarized the main topics I found most valuable in a 3-page summary document. The high level topics are outlined below, and you can click here to download the full 3-page summary document.

  • Creating a Family Partnership or Corporation to own stock
  • Discount Strategy
  • Hiring Store Managers as Limited Partners
  • Investing in Technology
  • Saturation Strategy
  • Policies and Technology
  • Competition
  • Middlemen
  • Vendors
  • The Customer is the Boss
  • Think Small

Click here to download the full 3-page summary document

If you enjoy the summary, the book is entertaining, easy to read, and provides the context for the summary document. You can order it for less than $10 on Amazon here.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s