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Sam Walton Formula for Building a Successful Business

Sam Walton the founder of Wal-Mart who grew up in poor farm community in rural Missouri was challenged to dream and succeed in his chosen career. Because of poverty he had learn to value the worth of money. Remember that succeeding in the field of business will not only take so much payday advances but self-trust, perseverance and techniques to go on with everyday challenges.

As of today, it is said that Wal-Mart is the world's #1 retailer, with more than 4,150 stores, including discount stores, combination discount and grocery stores, and membership-only warehouse stores (Sam's Club). Even Walton died in 1992 his family and employees continues to make the company grows and spread more morals and values about his success. Here are said to be Walton's formula in making some success in his own business.

Rule 1: Commit to your business.
Rule 2: Share your profits with all your associates, and treat them 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.

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