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.

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