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43 Motivational Quotes By Sam Walton That Will Guide Your Entrepreneurial Spirit

Famous As: Businessman
Born On: March 29, 1918
Died On: April 5, 1992
Born In: Kingfisher, Oklahoma
Founder / Co Founder: Wal-Marts, Sam’s Clubs
Died At Age: 74

Samuel Moore Walton was a renowned American entrepreneur and the founder of iconic retail chains, Wal-Mart and Sam’s Club. Walton is regarded as one of the most iconic business magnates of all time for his contributions towards a range of innovations in the retail industry and the way he made large departmental store chains a common phenomenon. After having opened retail outlets since the time he was in his 20s, Walton opened the first Wal-Mart in 1962 and he never looked back then. His efforts as a capitalist also won him the ‘Presidential Medal of Freedom’ in 1992 and ‘TIME Magazine’ had also named him among the most influential people of the 20th century. Walton grew to be among the richest persons in the United States and was ranked by ‘Forbes Magazine’ as the richest person in the country during the 1980s. Walton was not only a rich and successful entrepreneur but a philanthropist who supported a number of charitable causes. During his high-profile public life and business endeavors, he delivered many lectures, gave interviews where Walton shared his thoughts and insights on a varied range of issues. We bring to you a compilation of quotes and sayings by Sam Walton on leadership, risk, customers, mistakes, fate, hard work, self-belief and more.

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Outstanding leaders go out of their way to boost the self esteem of their personnel. If people believe in themselves it s amazing what they can accomplish.

Outstanding leaders go out of their way to boost the self esteem of their personnel. If people believe in themselves it s amazing what they can accomplish.

Sam Walton
There is only one boss. The customer. And he can fire everybody in the company from the chairman on down, simply by spending his money somewhere else.

There is only one boss. The customer. And he can fire everybody in the company from the chairman on down, simply by spending his money somewhere else.

Sam Walton
We're all working together; that's the secret.

We're all working together; that's the secret.

Sam Walton
Celebrate your successes. Find some humor in your failures.

Celebrate your successes. Find some humor in your failures.

Sam Walton
Swim upstream. Go the other way. Ignore the conventional wisdom.

Swim upstream. Go the other way. Ignore the conventional wisdom.

Sam Walton
The way management treats associates is exactly how the associates will treat the customers.

The way management treats associates is exactly how the associates will treat the customers.

Sam Walton
The key to success is to get out into the store and listen to what the associates have to say.

The key to success is to get out into the store and listen to what the associates have to say.

Sam Walton
If everybody is doing it one way, there's a good chance you can find your niche by going exactly in the opposite direction.

If everybody is doing it one way, there's a good chance you can find your niche by going exactly in the opposite direction.

Sam Walton
I learned this early on in the variety business: You've got to give folks responsibility, you've got to trust them, and then you've got to check on them.

I learned this early on in the variety business: You've got to give folks responsibility, you've got to trust them, and then you've got to check on them.

Sam Walton
Control your expenses better than your competition. This is where you can always find the competitive advantage.

Control your expenses better than your competition. This is where you can always find the competitive advantage.

Sam Walton
I probably have traveled and walked into more variety stores than anybody in America.

I probably have traveled and walked into more variety stores than anybody in America.

Sam Walton
We let folks know we're interested in them and that they're vital to us. cause they are.

We let folks know we're interested in them and that they're vital to us. cause they are.

Sam Walton
Each Wal-Mart store should reflect the values of its customers and support the vision they hold for their community.

Each Wal-Mart store should reflect the values of its customers and support the vision they hold for their community.

Sam Walton
Capital isn't scarce; vision is.

Capital isn't scarce; vision is.

Sam Walton
All of us profit from being corrected - if we're corrected in a positive way.

All of us profit from being corrected - if we're corrected in a positive way.

Sam Walton
All that hullabaloo about somebody's net worth is just stupid, and it's made my life a lot more complex and difficult.

All that hullabaloo about somebody's net worth is just stupid, and it's made my life a lot more complex and difficult.

Sam Walton
What am I supposed to haul my dogs around in, a Rolls-Royce?

What am I supposed to haul my dogs around in, a Rolls-Royce?

Sam Walton
I don't know what would have happened to Wal-Mart if we had laid low and never stirred up the competition. My guess is that we would have remained a strictly regional operator.

I don't know what would have happened to Wal-Mart if we had laid low and never stirred up the competition. My guess is that we would have remained a strictly regional operator.

Sam Walton
You can make a lot of mistakes and still recover if you run an efficient operation. Or you can be brilliant and still go out of business if you're too inefficient.

You can make a lot of mistakes and still recover if you run an efficient operation. Or you can be brilliant and still go out of business if you're too inefficient.

Sam Walton
If you love your work, you'll be out there every day trying to do it the best you possibly can, and pretty soon everybody around will catch the passion from you - like a fever.

If you love your work, you'll be out there every day trying to do it the best you possibly can, and pretty soon everybody around will catch the passion from you - like a fever.

Sam Walton
Maybe I was born to be a merchant, maybe it was fate. I don't know about that. But I know this for sure: I loved retail from the very beginning.

Maybe I was born to be a merchant, maybe it was fate. I don't know about that. But I know this for sure: I loved retail from the very beginning.

Sam Walton
Appreciate everything your associates do for the business.

Appreciate everything your associates do for the business.

Sam Walton
Exceed your customer's expectations. If you do, they'll come back over and over. Give them what they want - and a little more.

Exceed your customer's expectations. If you do, they'll come back over and over. Give them what they want - and a little more.

Sam Walton
I have always been driven to buck the system, to innovate, to take things beyond where they've been.

I have always been driven to buck the system, to innovate, to take things beyond where they've been.

Sam Walton
I've never been one to dwell on reverses.

I've never been one to dwell on reverses.

Sam Walton
In the beginning, I was so chintzy I really didn't pay my employees well.

In the beginning, I was so chintzy I really didn't pay my employees well.

Sam Walton
High expectations are the key to everything.

High expectations are the key to everything.

Sam Walton
Loosen up, and everybody around you will loosen up.

Loosen up, and everybody around you will loosen up.

Sam Walton
Sam Walton: I had to pick myself up and get on with it, do it all over again, only even better this time.

Sam Walton: I had to pick myself up and get on with it, do it all over again, only even better this time.

Sam Walton
Outstanding leaders go out of their way to boost the self-esteem of their personnel. If people believe in themselves, it’s amazing what they can accomplish.

Outstanding leaders go out of their way to boost the self-esteem of their personnel. If people believe in themselves, it’s amazing what they can accomplish.

Sam Walton