Saturday 10 October 2009

The 10 rules of Sam Walton

The 10 Rules of Sam Walton:

Rule # 1 COMMIT to achieving success and always be passionate

Rule #2 SHARE your success with those who have helped you

Rule #3 MOTIVATE yourself and others to achieve your dreams

Rule #4 COMMUNICATE with people and show you care

Rule #5 APPRECIATE and recognize people for their effort and results

Rule #6 CELEBRATE your own and other's accomplishments

Rule #7 LISTEN to others and learn from their ideas

Rule #8 EXCEED EXPECTATIONS of customers and others

Rule #9 CONTROL EXPENSES and save your way to prosperity

Rule #10 SWIM UPSTREAM, be different, and challenge the status quo

Mr. Sam followed his rules with passion, rarely deviating from them throughout his life. Each of Sam's 10 Rules is easily understandable by others and can be duplicated by others in their own businesses and personal lives. They do require a high degree of commitment and discipline to successfully implement. Oftentimes it is the breakdown in the execution of personal success strategies like Sam Walton's, not the strategies themselves, which lead to failures. To understand the 10 rules is to understand Mr. Sam's coaching playbook. Entwined in each of his rules are reoccurring themes about leadership, innovation, commonsense, hard work, simplification, the power of positive thinking, and how to treat people. This is why his 10 rules for success and “The Sam Walton Way” are so widely adaptable and applicable for just about anyone.

Extracted from What Can You Learn From “The Sam Walton Way?” by Michael Bergdahl, International Speaker


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