Fresh Thinking Business Blog:
Sam Walton grew up poor during the Great Depression, yet rose to start the biggest retail store Wal-Mart.
Here’s his 10 rules for building a successful business:
Rule 1: Commit to your business.
Rule 2: Share your profits with all your associates, and treat then as partners.
Rule 3: Motivate your partners.
Rule 4: Communicate everything you possibly can to your partners.
Rule 5: Appreciate everything your associates do for the business.
Rule 6: Celebrate your success.
Rule 7: Listen to everyone in your company and figure out ways to get them talking.
Rule 8: Exceed your customer’s expectations.
Rule 9: Control your expenses better than your competition.
Rule 10: Swim upstream.
Photo by Wal-Mart.