It turned out there was alot to learn about running a store. And, of course, what really drove Sam was that competition across the street – John Dunham over at the Sterling Store. Sam was always over there checking on John. Always. Looking at his prices, looking at his displays, looking at what was going on. He was always looking for a way to do a better job. I don’t remember the details, but I remember some kind of panty-price-war they got into. Later on, long after we left Newport, and John had retired, we would seem him and he would laugh about Sam always being in his store. But I’m sure it aggravate him quite a bit early on. John had never had good competition before Sam. Helen Walton (Sam’s Wife): That Newport store was really the beginning of where Walmart is today. We did everything. We would wash windows, sweep floors, trim windows. We did all the stockroom work checked the freight in. Everything it took to run a store. We had to keep expenses to a minimum. That is where it started, year ago. Our money was made by controlling expenses. That, and Sam always being ingeniious. He never stopped trying to do something different. One thing, though I never forgave him for making me clean out that damned ice cream machine…
- Bud Walton
Notable Quotables
Throughout this quarter of a century, the entrepreneurial outlook, versatility and vision of our employees have remained the crucial elements of our success…
- Cheng Yu-tung
It costs nothing, but creates much. It enriches those who receive, without impoverishing those who give. It happens in a flash and the memory of it sometimes lasts forever. None are so rich they can get along without it, and none so poor but are richer for its benefits. It creates happiness in the home, fosters good will in a business, and is the countersign of friends. It is rest to the weary, daylight to the discouraged, sunshine to the sad, and Nature’s best antidote for trouble. Yet it cannot be bought, begged, borrowed, or stolen, for it is something that is no earthly good to anybody till it is given away.
- Dale Carnegie
I’d learned the hard way that when hiring executives, one should follow Colin Powell’s instructions and hire for strength rather than lack of weakness.
- Ben Horowitz
Character is to man what carbon is to steel.
- Napoleon Hill
Talking about music is like dancing about architecture.
- Steve Martin
The only reason, for example, that you are not a rattlesnake is that your mother and father weren’t rattlesnakes. You deserve very little credit for being what you are.
- Dale Carnegie
When there is no job related stress, you are more aware of your mate and children, if you are a parent.
- Zig Ziglar
Expect the best. Prepare for the worst. Capitalize on what comes.
- Zig Ziglar
Knowledge isn’t power until it is applied.
- Dale Carnegie
We let folks know we’re interested in them and that they’re vital to us. cause they are.
- Sam Walton
Adversity is like a strong wind. I don’t mean just that it holds us back from places we might otherwise go. It also tears away from us all but the things that cannot be torn, so that afterward we see ourselves as we really are, and not merely as we might like to be.
- Arthur Golden
A minute of thought is greater than an hour of talk.
- John C. Maxwell
Mr. Morgan buys his partners. I grow my own.
- Andrew Carnegie
I think I will always have a connection to young people, to try to bring their voices to the polls, bring their voices wherever they can make a difference.
- Russell Simmons
An artist is someone who uses bravery, insight, creativity, and boldness to challenge the status quo. And an artist takes it personally.
- Seth Godin
You can’t manage what you can’t measure.
- Peter Drucker
The value we create is directly related to how much valuable information we can produce, how much trust we can earn, and how often we innovate.
- Seth Godin
Lack of Controlled Sexual Urge.
- Napoleon Hill
I started getting more and more active around immigration reform because this was such a waste of lives, such a waste of potential, such a waste for our country not to have the human capital that we developed – geared toward improving our entire society.
- Laurene Powell Jobs
If you have the character to hang in there when its tough, you will develop or acquire every other characteristic necessary to WIN in the game of life.
- Zig Ziglar
What we do not see, what most of us never suspect of existing, is the silent but irresistible power which comes to the rescue of those who fight on in the face of discouragement.
- Napoleon Hill
When everything seems to be going against you, remember that the airplane takes off against the wind, not with it.
- Henry Ford
Well, it’s the last step of the civil rights movement: You know, wrap your hands around some money, right?
- Russell Simmons
Don’t marry too early in life. It’s better to work hard when young and establish a career first.
- Lee Shau Kee
You cannot consistently perform in a manner which is inconsistent with the way you see yourself.
- Zig Ziglar
For all of the most important things, the timing always sucks. Waiting for a good time to quit your job? The stars will never align and the traffic lights of life will never all be green at the same time. The universe doesn’t conspire against you, but it doesn’t go out of its way to line up the pins either. Conditions are never perfect. ‘Someday’ is a disease that will take your dreams to the grave with you. Pro and con lists are just as bad. If it’s important to you and you want to do it ‘eventually’, just do it and correct course along the way.
- Timothy Ferriss
On all open platforms, regardless of whether it’s Facebook or the Apple App Store, the largest segment is entertainment and games. It’s the largest revenue segment. And it’s the same for Tencent.
- Ma Huateng
Ideas… they have the power.
- Napoleon Hill
Victorious leaders, share an inability to accept defeat.
- Napoleon Hill
I’m not the judge. You know, God didn’t tell me to go around judging everybody.
- Joel Olsteen
You must go through the process before you get the product.
- Paul Pressey
Often the best way to develop workers – when you are sure they have the character and think they have the ability – is to take them to a deep place, throw them in and make them sink or swim.
- John D. Rockefeller
FOCUSING TOO MUCH ON THE NUMBERS In the second example, I managed the team to a set of numbers that did not fully capture what I wanted. I wanted a great product that customers would love with high quality and on time—in that order. Unfortunately, the metrics that I set did not capture those priorities. At a basic level, metrics are incentives. By measuring quality, features, and schedule and discussing them at every staff meeting, my people focused intensely on those metrics to the exclusion of other goals. The metrics did not describe the real goals and I distracted the team as a result. Interestingly, I see this same problem play out in many consumer Internet startups. I often see teams that maniacally focus on their metrics around customer acquisition and retention. This usually works well for customer acquisition, but not so well for retention. Why? For many products, metrics often describe the customer acquisition goal in enough detail to provide sufficient management guidance. In contrast, the metrics for customer retention do not provide enough color to be a complete management tool. As a result, many young companies overemphasize retention metrics and do not spend enough time going deep enough on the actual user experience. This generally results in a frantic numbers chase that does not end in a great product. It’s important to supplement a great product vision with a strong discipline around the metrics, but if you substitute metrics for product vision, you will not get what you want.
- Ben Horowitz
Corporations that navigate through these rough times will prosper as the region inevitably enters a new era of prosperity.
- Cheng Yu-tung
Tip #1 – Self-motivation is the key to success and will achieve powerful results.
- Jack Nadel
This paper, by its very length, defends itself from ever being read.
- Winston Churchill
I kicked but I also hugged.
- Jack Welch
PRINCIPLE 1 The only way to get the best of an argument is to avoid it. PRINCIPLE 2 Show respect for the other person’s opinions. Never say, You’re wrong.” PRINCIPLE 3 If you are wrong, admit it quickly and emphatically. PRINCIPLE 4 Begin in a friendly way. PRINCIPLE 5 Get the other person saying yes, yes” immediately. PRINCIPLE 6 Let the other person do a great deal of the talking. PRINCIPLE 7 Let the other person feel that the idea.
- Dale Carnegie
Many businesses forget that a crucial part of cash flow is managing your own bill paying. Make sure you pay your bills promptly. Ask for extended terms up front. After you have paid timely for two or three months, ask for additional extensions on your payable terms. A supplier will usually extend credit for 30 to 90 days to a good customer.
- Robert Kiyosaki
AP pleaded guilty to criminal theft of our software. Let me be clear. I’m not accusing SAP of anything. What did SAP do? Did you engage in criminal behavior and steal lots of Oracle software? Yes. That’s SAP. Who was CEO when you were doing all this criminal stuff? Leo.
- Larry Ellison
We hold nearly 20 percent of our household’s wealth in transaction securities such as publicly traded stocks and mutual funds. But we rarely sell our equity investments. We hold even more in our pension plans. On average, 21 percent of our household’s wealth is in our private businesses.
- Thomas J Stanley
I’m not sure blogs are necessarily the best place to get a pulse on anything. People want to blog for a variety of reasons, and that may or may not be representative.
- Steve Ballmer
You know, in Saudi Arabia, there is a body of 40 people – 34 people exactly, that once the succession comes, they will meet and they will elect a king in there.
- Prince Al Waleed Bin Talal Alsaud
Somebody talked me into writing an autobiography about six or seven years ago. And I said I’d try. We talked into a tape recorder, and after a couple of months, I said, To hell with it. I was so depressed. It was like saying, ‘This is the end.’ I was more interested in what the hell was coming the next day or the next week.
- Rupert Murdoch
The function of education is to teach one to think intensively and to think critically. Intelligence plus character – that is the goal of true education.
- Martin Luther King Jr.
Consider the idea that charisma can be as much a liability as an asset. Your strength of personality can sow the seeds of problems, when people filter the brutal facts from you.
- James C. Collins
Talent is cheaper than table salt. What separates the talented individual from the successful one is a lot of hard work.
- Stephen King
Suppliers and especially manufacturers have market power because they have information about a product or a service that the customer does not and cannot have, and does not need if he can trust the brand. This explains the profitability of brands.
- Peter Drucker
Before Alamein we never had a victory. After Alamein we never had a defeat.
- Winston Churchill
We saw – we conducted the experiment. I mean, it’s been done. We saw Apple with Steve Jobs. We saw Apple without Steve Jobs. We saw Apple with Steve Jobs. Now, we’re gonna see Apple without Steve Jobs.
- Larry Ellison
You can’t jump to vegan if you’re not. Some people are absolute. Some people are able to be gradual.
- Russell Simmons
Ever since Justin Timberlake portrayed him in The Social Network, Sean has been perceived as one of the coolest people in America. JT is still more famous, but when he visits Silicon Valley, people ask if he’s Sean Parker.
- Peter Thiel
The first rule of the C.E.O. psychological meltdown is ‘Don’t talk about the psychological meltdown.’
- Ben Horowitz
I see this as my humanitarian legacy. We’re prepared to pay billions.
- Sheldon Adelson
I’ve come to believe that each of us has a personal calling that’s as unique as a fingerprint – and that the best way to succeed is to discover what you love and then find a way to offer it to others in the form of service, working hard, and also allowing the energy of the universe to lead you.
- Oprah Winfrey
Blackjack is very scientific. There’s always a right answer and a wrong answer. Do you take a card, increase your bet, bet big or bet small. There’s absolutely a right and wrong answer.
- Charles Ergen
If it’s a good idea, someone has already probably thought about it first.
- Jack Nadel
Within the first year of launching my company, Spanx, I decided to go over to England and cold-call Harrods, Harvey Nichols, and Selfridges the same way I had cold-called Neiman Marcus, Saks, Nordstrom, and Bloomingdale’s here in the United States.
- Sara Blakely
I would say this for Montserrat? one of its credit weaknesses is that it’s in a zone that depends greatly on external savings.
- John Chambers
Apple has always leveraged technologies that the PC industry has driven to critical mass – the bus structures, the graphics cards, the peripherals, the connection networks, things like that – so they’re kind of in the PC ecosystem and kind of not.
- Bill Gates
We must concentrate not merely on the negative expulsion of war but the postive affirmation of peace.
- Martin Luther King Jr.
In the old generation, if one kid bought a PlayStation 2 and the other kid bought an Xbox, at his house you played PlayStation, at your house you played Xbox. Now that it’s online, all those early buyers who… you want to play with, they’ve got their reputation online of who they are and how good they are at these games.
- Bill Gates
I failed the LSAT. Basically, if I had not failed, I’d have been a lawyer and there would be no Spanx. I think failure is nothing more than life’s way of nudging you that you are off course. My attitude to failure is not attached to outcome, but in not trying. It is liberating.
- Sara Blakely
Most companies that are great at something – like AOL dialup or Borders bookstores – do not become great at new things people want (streaming for us) because they are afraid to hurt their initial business.
- Reed Hastings
We have more than six and one-half times the level of wealth of our non-millionaire neighbors, but, in our neighborhood, these nonmillionaires outnumber us better than three to one. Could it be that they have chosen to trade wealth for acquiring high-status material possessions?
- Thomas J Stanley
The secret to successful hiring is this: look for the people who want to change the world.
- Marc Benioff
You have to know what sparks the light in you so that you, in your own way, can illuminate the world.
- Oprah Winfrey
We have a very high churn rate, but as soon as we turn on email marketing to our user base, people will come back.” Yes, of course. The reason that people leave our service and don’t come back is that we have not been sending them enough spam. That makes total sense to me, too.
- Ben Horowitz
It says in Romans 5:17, We are to reign in life as kings.” When God looks at us He doesn’t see us defeated, barely getting by, or just taking the leftover positions. Not at all. God sees you as a king. He sees you as a queen. You have His royal blood flowing through your veins. You and I are supposed to reign in life. Do you know what that word reign means? It means, time in power.” God said we’re to reign how long? In life. That means as long as you’re alive that is your time in power. You don’t have a two-year term like a mayor, a four-year term like a president. Your term is to reign every single day, to be victorious, to rise to new levels, to accomplish great things.
- Joel Olsteen
You can’t depend on polls.
- Michael Bloomberg
If you can’t communicate and talk to other people and get across your ideas, you’re giving up your potential.
- Warren Buffett
Bolsheviks create their own difficulties which they successfully overcame later.
- Winston Churchill
Only God can look at somebody’s heart.
- Joel Olsteen
Nike is a marketing-oriented company, and the product is our most important marketing tool.
- Phil Knight
If you’re only willing to do what’s easy, life will be hard. But if you’re willing to do what’s hard, life will be easy.
- T. Harv Eker
I think faith is incredibly important because you will become overwhelmed with what’s happening and you will have waves of grief, but when you turn to your faith, I believe God will give you waves of grace to get through it.”- Joel Osteen
- Joel Olsteen
Profit and growth are stimulated primarily by customer loyalty. Loyalty is a direct result of customer satisfaction. Satisfaction is largely influenced by the value of services provided to customers. Value is created by satisfied, loyal, and productive employees.
- Putting the Service-Profit Chain To Work - Ja
Remember happiness doesn’t depend upon who you are or what you have it depends solely on what you think.
- Dale Carnegie
Its obvious that we don’t know one millionth of one percent about anything.
- Thomas Edison
You can’t be in neutral and hope to reach your full potential.
- Joel Olsteen
The quality of our integration will be judged, not by the ultimate costs in hitting our targets, but instead by the level of service we give to our clients throughout the process. That’s kind of my 8-to-5 job. My 5-to-8 job is what’s the next move? Where else in health care do we see inefficiencies, that we see a splintered system with tremendous cost overruns?
- George Paz
The foundation of the Germanic system was blood and kin.
- Winston Churchill
Les tengo buenas noticias: Usted no se tiene que mantener a la par de nadie. Usted puede correr su propia carrera y ser un individuo. Dios le ha dado la gracia para hacer lo que Él le ha llamado a hacer y no le ha dado la gracia para hacer lo que todos los demás están haciendo. Usted no tiene que ser la mejor mamá del mundo, sólo sea la mejor mamá que usted puede ser. Posiblemente, yo nunca seré el mejor pastor del mundo. Quizá no seré el mejor esposo ni el mejor padre, pero he decidido ser lo mejor que yo puedo ser y no me sentiré mal conmigo. Si otra persona puede hacer lo que hago mejor que yo, que bueno, yo no estoy en una competencia ni me estoy comparando con nadie. A mi manera de pensar, ¡yo soy el mejor! Y sé que estoy haciendo lo mejor que puedo. Eso es lo que nos enseña la Escritura. Dice: Así que, cada uno someta a prueba su propia obra…1.
- Joel Olsteen
Blacksmiths sometimes twist a rope tight around the nose of a horse, and by thus inflicting a little pain they distract his attention from the shoeing process. One way to get air out of a glass is to pour in water. Be Absorbed by Your Subject.
- Dale Carnegie
I have asked thousands of business people to smile at someone every hour of the day for a week and then come to class and talk about the results.
- Dale Carnegie
Failure is nature’s plan to prepare you for great responsibilities.
- Napoleon Hill
I have mentioned before that financial intelligence is a synergy of accounting, investing, marketing and law. Combine those four technical skills and making money with money is easier.
- Robert Kiyosaki
All the mental energy you use to elaborate your misery would be far better used trying to find the one seemingly impossible way out of your current.
- Ben Horowitz
Have the humility to learn from those around you.
- John C. Maxwell
Being educated in the United States gave me a good understanding of American culture. I think I got a lot of influence from the entrepreneurial mind in the United States.
- Masayoshi Son
Here’s Kanye, the great musical genius of his generation in hip hop, but, like, society really can’t even deal with him because he’s always saying something that people go, ‘Oh, I can’t believe Kanye said that. I can’t believe he did that.’
- Ben Horowitz
It is all true, or it ought to be; and more and better besides.
- Winston Churchill
In the United States, where we have more land than people, it is not at all difficult for persons in good health to make money.
- P.T. Barnum
When you want to do your homework, fill out your tax return, or see all the choices for a trip you want to take, you need a full-size screen.
- Bill Gates
We are not even close to finishing the basic dream of what the PC can be.
- Bill Gates
You must take personal responsibility. You cannot change the circumstances, the seasons, or the wind, but you can change yourself. That is something you have charge of.
- Jim Rohn
There are very few people who really appreciate my shows. People come to the show and they pay and they enjoy it, but I don’t really think most people really understand what they’ve seen.
- Jerry Seinfeld
In the real world outside economic theory, every business is successful exactly to the extent that it does something others cannot.
- Peter Thiel
I always want to listen to people and receive good criticism, but I just don’t have to answer to them; I have to answer to God.
- Joel Olsteen





