Sam walton is the founder of Wal-Mart. He was born in Kingfisher, Oklahoma on 19 18. He is a native of the country. It took him 50 years to build a small grocery store into a powerful business empire. In 2002, it still ranked first in Fortune magazine's "Fortune 500 Enterprises", and the Walton family, which runs Wal-Mart, ranked first in the world with a value of more than 70 billion dollars.
As US President George W. Bush said when he was awarded the US Presidential Medal of Freedom in 1992, "sam walton, an authentic American, concretely demonstrated the entrepreneurial spirit and epitomized the American dream." .
Everyone expects to leave a legacy. Sam walton left us not only a legendary business figure, but also a spiritual wealth for the benefit of future generations. It is with his extraordinary mind and perseverance that he has achieved an immortal business model. The success of interpretation is due to faith. Sam summed up his firm belief as follows:
Faith 1: dedication.
Sam firmly believes that "if you love your job, you will strive to be perfect every day, and soon everyone around you will get this enthusiasm from you".
Belief 2: All colleagues are partners, and partners should share your profits.
Colleagues can only create unimaginable achievements if they regard themselves as partners.
Faith 3: inspire your partner.
Only capital and equity are not enough. Think of some new and interesting ways to motivate your partner every day. For example, set high goals, encourage competition, and distinguish at any time; Let managers jump ship to keep challenging; Let everyone guess what your next plan will be, but you can't guess it at once.
Faith 4: Honest communication.
Communicate with your partner as much as possible. The more they know, the deeper they understand and the more they care about things. Intelligence is power, and the benefits you get from giving this power to your colleagues will far exceed the risks that information leakage brings to your competitors.
Faith 5: Appreciate what colleagues have done for the company.
Checks and stocks can buy some loyalty. Nothing can replace a few carefully worded, timely and sincere words of thanks. They cost nothing, but they are extremely precious.
Faith 6: Celebrate your success and don't worry about your failure.
It's a pity that it failed. It's better to put on a costume and sing a song, and others will sing along. Design your own new stunts anytime, anywhere. All this will be more important and interesting than you think, and will confuse your opponent.
Faith 7: Listen to the opinions of every employee in the company and open your heart.
It is the front-line employees who know the actual situation best. You should try to find out what they know. In order to organize decentralization and inspire constructive opinions, you must listen to everything your colleagues tell you.
Faith 8: Do better than customers expect.
If you do this, they will become your repeat customers. Handle your mistakes properly, apologize sincerely, and make no excuses. The customer is always right.
Faith 9: Saving every penny for customers can create new competitive advantages for you.
If you operate effectively, you can make many different mistakes, but you can still recover. But if the operation is inefficient, you may be famous for a while, but you will lose in the end.
Faith 10: Go upstream, find another way, and despise traditional ideas.
If everyone is taking the old road and you choose a different road, you have a great chance.
Simple and simple beliefs are easy to accept, but the real challenge is to adhere to and implement these common sense day after day for decades. The success of Wal-Mart is the weakness of many enterprises in China. What an enterprise needs most is this consistent spirit.