Preview

Sam Walton, Made in America, My Story Essay Example

Powerful Essays
Open Document
Open Document
1342 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Sam Walton, Made in America, My Story Essay Example
Sam Walton was known to be industrious, always trying to get the most out of money, and had a burning ambition to succeed. This was evident in his book Sam Walton, Made in America, My Story. He was a hard working individual who helped his family through the depression, started his own business from almost nothing and changed the field of management for ever.
Sam Walton was born in 1918 in Kingfisher, Oklahoma during the Great Depression. Sam obtained his work ethic from his father Thomas Gibson Walton who was a hard worker and had all sorts of jobs. He was a banker, farmer, farm-loan appraiser and an agent for insurance and real estate. He put in long hours, was honest and was known for his integrity. Sam also saw what a great negotiator he was. He also learned about hard work from his mother who had a milk business. Sam experienced earning money at the early age of seven by selling magazine subscription. He started a paper route kept it up through college. Through his early jobs, Sam learned how much hard work it took to earn a dollar. From his parents he also learned not to spend money. Sam always set extremely high personal goals. He was very competitive and he was a motivator. He joined the Boy Scouts; he had a bet with his friends about who would be Eagle Scout first. Sam made Eagle Scout at age 13; at the time, he was the youngest in the history of Missouri. Sam attended the University of Missouri, and received a B.S. degree in business. He soon married Helen Robson and learned much about money and finances from her father, a salesman. Helen's father managed his ranch and family business as a partnership. This is something that Sam adopted early on, and kept as his philosophy for success. Sam wanted to own his own department store. His dream became a reality in the fall of 1945 when he purchased a store in Newport, Arkansas, a Ben Franklin franchise, which is where he learned a lot about running a store. This is where the foundation of

You May Also Find These Documents Helpful

  • Good Essays

    Sam Sing who wore his thick black hair to the side was not exactly a sociable or considerate man. He had the ability to make others feel insignificant and often left people feeling uncomfortable. He rarely spoke, rarely smiled and would regularly be seen glaring at his customers from behind his glasses. Sam was frugal and controlling in all…

    • 566 Words
    • 3 Pages
    Good Essays
  • Good Essays

    It all started in a small town in Westmoreland county called West Overton. He was born in 1849 into a wealthy family not his parents but his grandfather had some money. His grandfather was Abraham Overholt, who was a wealthy rye whiskey distiller. As he was growing up his grandfather gave him a job as a bookkeeper. And that was the job that made him want to become a wealthy man in his future.…

    • 961 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    hhhgddk ejkr

    • 1741 Words
    • 7 Pages

    7. Describe Sam as a child? What secret of his mother’s does he eventually discover?…

    • 1741 Words
    • 7 Pages
    Powerful Essays
  • Good Essays

    Sam grew up well before his time, making up for the work his father never did for the family. He worked until he couldn’t stand and then started over the next day. He was…

    • 322 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    Anne Moody's Quest Analysis

    • 3589 Words
    • 15 Pages

    Sam cried, in response to his father’s demands, “I’ll die fo I go back into that field! I don’t wanna burn in the sun fo anotha day!” Sam spent day in and day out with his family working in the fields in a desperate attempt to salvage crops for cash. In a family of ten, food was demanded, sought, and earned on a monotonous daily basis and any extra cash was saved to buy clothes for the younger children. Sam, only six years old, faced the same fate that many other black children faced growing up in the brutal South. Black families everywhere experienced tribulations regarding economic stability, shelter, and fear from the overwhelming majority of white…

    • 3589 Words
    • 15 Pages
    Powerful Essays
  • Good Essays

    Sam Houston was a boy who loved to read but hated school. As days went by, he decided to…

    • 537 Words
    • 3 Pages
    Good Essays
  • Better Essays

    Walmart vs Target

    • 1078 Words
    • 5 Pages

    The founder of Wal-Mart Sam Walton major competition during the time was K-Mart and Target. Before opening Wal-Mart, Sam traveled the country studying everything he could about discount retailing. He became convinced American consumers wanted a new type of store. With his vision in mind Sam and his wife front loaded 95% of the initial cost to start the chain while many of the chains were expanded nationally. They opened their first store in Rogers, Arkansas. The chain was able to expand by 15 stores in the 1960’s. The company hit the stock market in 1972 and went viral with a current inventory of 1,402 stores and 123 Sam’s Club locations. Wal-Mart stores provide a wide variety of discount merchandise, groceries and prescription medication. Sam stated in his autobiography which attributed to his success “if you think about it from the point of view of the customer, you want everything: a wide assortment of quality merchandise; the lowest possible prices; guaranteed satisfaction; friendly, knowledgeable service; convenient hours; and a pleasant shopping experience. You love it when a store exceeds your expectations, and you hate it when a store inconveniences you, gives you a hard time, or pretends you 're invisible."…

    • 1078 Words
    • 5 Pages
    Better Essays
  • Good Essays

    Sam Spady Death Analysis

    • 562 Words
    • 3 Pages

    The Sam Spady story was presented to Briar Cliff as a mandatory event for all incoming freshmen, focusing upon the dangers of drinking. The seminar began with Sam's history; her likes and dislikes, hobbies, like her enchanting drawings, and of course her tragic story. I admire her mother for having the ability to carry on and use her hardships to in hopes of one day eliminating someone else's.…

    • 562 Words
    • 3 Pages
    Good Essays
  • Better Essays

    Sam Bradford

    • 1832 Words
    • 8 Pages

    Samuel Jacob Bradford was born November 8th of 1978 to his loving parents, Martha and Kent Bradford. Sam is the only child, which allowed his parents to devote all their time to him and support what it is he wanted to do. Whether it was playing sports or the cello, his parents did what they could to develop it. They encouraged him in everything. "As long as it was a good, wholesome thing,” Kent said. "If he wanted to do it, do it.” Even though Sam was central to their lives, he wasn’t coddled. There was discipline if he misbehaved. There was tough love. Martha and Kent’s devotion to Sam remains just as strong to this day.…

    • 1832 Words
    • 8 Pages
    Better Essays
  • Better Essays

    Gustavus Swift

    • 1762 Words
    • 8 Pages

    Gustavus Swift was born June 24, 1839 in Sagamore, Massachusetts. Swift was part of a large family, being one of twelve children. He was introduced to the meat-packing industry at a very early age; his father and several brothers were modestly successful butchers. At the age of sixteen, Swift wanted work as a butcher independently, so he decided he would move into the city to start work. Swift's father did not want him to leave home, so he offered him twenty-five dollars to stay and start his butchering business from the small town where he grew up. Swift took the offer, and used his start up capital to buy his first cow for twenty dollars. He slaughtered and sold cut meats out of the back of his father's wagon, making a modest profit. This would be the beginning of Swift's prominent career. He recognized just how easy it was to simply buy livestock, butcher it, and sell the cuts for a profit. The process was very simple. Swift repeated this process for several years, before attaining a four-hundred dollar loan from his uncle. He used this loan to open a local market in his hometown, where he got experience in retail. Although he was making a decent living in Sagamore, Swift had an appetite for success.…

    • 1762 Words
    • 8 Pages
    Better Essays
  • Powerful Essays

    Walmart Unethical Behavior

    • 2348 Words
    • 10 Pages

    Walton was an entrepreneur with a vision that started his own company and made into the leader of discount retailing like it is today. Walton borrowed some money from his father-in-law and opened a variety store after serving as an Army captain in World War II. A chain of drugstores followed, Walton went into business with his brother and by 1960 the Walton’s' had 15 stores that were taking in $1.4 million a year. However, Walton soon saw a new competitor arise, which was the discount store. The Walton brothers opened their first Wal-Mart in 1962 in Rogers, Arkansas. Specializing in name brands at low prices, the chain of Wal-Mart stores sprang across rural America. Walton's management style was popular with employees and helped to spur growth. As the years past, the chain of stores grew sporadically. The sales grew to $26 billion by 1989. (Store Wars, www.pbs.org) However, as sales grew ethical standards lowered throughout the company.…

    • 2348 Words
    • 10 Pages
    Powerful Essays
  • Good Essays

    Lb160 - Tma02

    • 824 Words
    • 4 Pages

    Sam Walton the founder of Wal-Mart a significant pioneer, as mentioned in the case study he innovated the concept of self-service and…

    • 824 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Sam is a 20-year-old college student who struggles with school, relationships, and keeping a job. When something bad happens, such as when Sam loses a job or if he fails a class, he becomes depressed and is unable to recover for long periods of time. He frequently moves back in with his Mom and five younger brothers. Sam has also been diagnosed as below average intelligence, but he is capable of succeeding in college if he works very hard.…

    • 457 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    English Eulogy

    • 490 Words
    • 2 Pages

    Sam had the ultimate love for horses and the vast land he grew up on and had lived on a farm for his whole life. He loved the outdoors especially dawn and dusk as he used to sit on the porch and watch the sun rise and set over the trees and watched the horses and cattle start to rest and made him feel like he was in a whole different dimension and he used to tell us kids all the stories of his life when he was a stockman and the adventures he went on.…

    • 490 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    He is staying with his close friend Bobby Singer. He currently does not have a job; he says he makes money doing different odd jobs offered to him. Most of his money is currently being spent on beer and other alcohol. According to the Kübler-Ross (1969): model of grief Sam would fall…

    • 1243 Words
    • 5 Pages
    Good Essays