21 Burst results for "Sam Walton"

Uber, Gig Companies Seek Labor Deals to Avoid Workers Becoming Employees

Morning Edition

00:44 sec | 3 months ago

Uber, Gig Companies Seek Labor Deals to Avoid Workers Becoming Employees

"For the Supreme Supreme Court Court attorney attorney general general and and Legislature Legislature all all agree agree that that there's there's one one accurate accurate term term forgive forgive workers workers employees, employees, a a term term that that guarantees guarantees benefits benefits and and protections. protections. Good Good companies companies spent spent over $200 million on Proposition 22, which legalizes a new sub employee category. There's limited benefits, but the company's still controls how the workers work and how they get paid. Here's uber CEO Dara Couser Shah He our proposal is essentially what we call an independent contractor. Bus model gig work of cross model, the independent contractor plus Well, Sam Walton and Wal Mart mainstream fancy titles for low paid employees get companies like Lifton uber have succeeded in writing their terms for for workers workers into into labor labor law. law. I'm I'm Sam Sam Burnett Burnett Security Security News. News.

Supreme Supreme Court Court Legislature Legislature Dara Couser Shah Wal Mart Lifton Uber Sam Walton Sam Sam Burnett Burnett
"sam walton" Discussed on #QualityMatters

#QualityMatters

04:48 min | 1 year ago

"sam walton" Discussed on #QualityMatters

"While. Sam Walton did not believe in charity. He believed that what he did was his powerful force for good Contribute to philanthropic causes and he said that they cannot be expected to solve every personal problem that comes to their attention and he said we feel strongly that Wal Mart really is not and should not be in the charity. Business in any debt. Hassoo passed along to somebody either. Shareholders our customers so he believes strongly against it says his that however they have walmart has dramatically increased charitable giving in two thousand five donate tool twenty million dollars in cash and merchandise for Hurricane Katrina Relief and now they give away about a billion dollars each year now which I think is great but as I talked about it if they would I feel like. It's one of their gimmick. Look how much we're giving away and look at all the people that something the better you know flashy thing on the news renounce social meteor whatever or in the newspaper ten years ago is Hey. We gave away a billion dollars to such and such. We gave away this. That looks great. Let's look second. Whereas headline of Warp pays ten percent more than everyone else help folks have a decent living wage. But I- exciting. I think it is. I mean I've said a number of times. How much buggies pays their employees? They advertise it told. Young College kids are looking for a job. Like go to buggies. Yeah they pay their people. Well so I'm sure they take care of you. Well I feel like they wouldn't have to do. This is just another gimmick like you said headline to get their name out there but people just don't trust them. One of the things in the notes that in read was about Costco Mar each in acting environmental policy or something. They did at the same time. That people bought into Costco's more just because they trust costco more than they trust warmer. Same thing like Oh yeah. Walmart gave a billion dollars. I could've given two billion like it doesn't matter what your headline is. You're not taking care of your employees. People are not going to buy into it. We'll end. I mean Walmart. It's not like they don't. It's not like they employ small portion of people right. Oh Yeah so. Just imagine the good that can be done for community simply when people earn a better when she's actually they can give to charity themselves thanking. I mean but this is all the basics of free market right so if they're making more money in their happier with their lives then they're more apt to go spend money to someone else and it all grows in works and benefits the world. But we're going over to here but I really want folks to stop and think about is it makes Walmart give you the Iki feeling. You don't get maybe when you go to target or cost these other. Scientists phillies targeting. Well okay try to think about it. Is it that causes it? I mean there's just they remodeled the place. You don't like the way every mom. I'm the only problem with that. But that's where I'm going here. So you think about it. The end these old under like simple trust issues the target set at the wrong place. How's your target at your job affecting your performance and the performance. Your people the elite going for hours hours. But but that's kind of what I'd like people to what I would like the headline to see into Walmart gives you know a billion dollars. A YEAR WALMART INCREASES WAGES. A billion dollars a year a region at a time. Because you know you spread a billion dollars out over all their employees. That's not going to be okay. That say hey okay. We can make an effective change with this region with a billion dollars last year. We're GONNA do this region and the next year we're going to increase this region. We'll think about the with the hurricane right so you know whether it was between her harvey game through here recently. What warmer said tell you what we know. Everyone's suffering right now. A lot of people probably lost jobs because the businesses rolled under. We're having a big hiring where we're paying. Well have a huge impact on the local community and and now like there's never any lanes open data. Don't so you know they still have that again? It's not even half employees to pay back but we're way over. We have it but do think about it like what is it. That makes the ITCHY. And I you know this guy who gets the most technical term for it but and that's the term that he used a really well. It's been awhile read but yes it's just the best imports. So happy it hacking your your workplace already thanks listen..

Wal Mart Sam Walton Costco WALMART Hassoo Hurricane Katrina Warp ITCHY Iki
"sam walton" Discussed on #QualityMatters

#QualityMatters

08:51 min | 1 year ago

"sam walton" Discussed on #QualityMatters

"And even their stores are huge. Like you know I've obviously in a small town about hour and a half from where Walmart started big deal we gotta Walmart and are a big deal and it wasn't that big and I remember when we I moved here to Houston and I went to the Walmart. Supercenter was life. But now whenever we travel you know like. I think over Thanksgiving we travelled. We went into small Walmart medicine for our daughter and I was like tiny right but it's still huge. Yeah if tiny warmer standards yeah so I think that's part of and it'll still like it was still the grocery store in the retail store but it was so small and that made me feel good. That name feel like home. Okay so just their size like I hate going to Walmart. You know this. It's so big to park is so far away. Memory you park in. It's just like if you get more than three or four things. You're all over the store and there's people everywhere a hater but when you're in the small town it's it's not I am not only because it's smaller in the small town but again the parking lot is not as big so you can usually get a win there. I went to the pharmacy to pick up the medicine. The pharmacists Hymie Oh hey kyle. I'll be with you. And they new people and that's Wolmar. I believe that's what Sam will want to be about. Sounds like would've been the personal touch. Just it matters. It matters a lot. I mean just forget war for a minute just go back to your workplace right. I mean we've all had that manager that doesn't know a darn thing about his name. I'm not talking about being buddy buddy with your people going on. Yeah and you know you have to remind him five times that you get kids you know you have that same basic conversation over and over. You'd need a personal touch. I mean okay. Guess we'll be a plug for the training coming up but half cume as Kant's bootcamp. That's in April in April. You can sign up on Q. Mess bootcamp DOT COM. That's it but we spend nearly half of the course not even talking about anything technical. It is all about the basic skills personal skills psychological ideas. Just what's it take to connect to these folks to get people to radically change the way to doing business? It's the same idea ear. Well I mean I could share a personal experience. I don't know if I should you know it was about twelve years ago? We'VE FOUND OUT. We were pregnant with our first son and I went to share with my assistant. Boss will call and she was very with for me and she said have you told the boss boss yet in I said no and she and I both knew why but about that time. The boss boss had rounded the corner. And you know obviously this. This southern I'd wanted all my life was to be a mom used as soon as we got. I said all right I mean I was a little bit older. Twenty seven ship in In so she ran very exciting. Is she rounded the corner and she said tell me what and I said. Oh I just found out. I'm pregnant I thought so in Addison right well and she's a mall you know and I just thought. Wow that's not the reaction you want. You want your boss to care about you. Be Happy for you but as a manager all she cared about is. GonNa have to cover this person's maternity leave you but it sounds like the same thing here so Sam Walton clearly obviously care about not only the people that work for. But I'm sure he knew. All the details and fun facts about the customers are frequently disorders personal touch but then it goes into just creating an environment where folks can can express themselves can have ideas. I mean that's part of what I hate so much. Some the windies corporate structures are. Is you either this top down kind of totalitarian wave? This is how we're going to do. Just follow and that leads to wage issues and stuff like this you get people cheating to hit the hit the target up. Because I'm sure that's where you're going here but it's been whilst read the book is if your target is to care for people in you know that you prophets going to be a result though workout for you if you came on the Prophets I will folks will do whatever it takes to hit them all. It's so frustrating that the the successors couldn't see that it works just fine away. Sam Walton was doing it. So yeah let's do something more to improve on that but don't change it so at the time start with why was written. I let you know I like my numbers and investment in Walmart the days Sam Walton died would have gained US three hundred percent dead the same investment on the same day in Costco Game. You eight hundred percent. Who was warning. Well I guess taking care of their employees so talks about a CEO that followed Walton took a four hundred thirty thousand dollar salary which is relatively low for AC- but when you compare it to Walton at Wal marts peak. He never took more than three hundred. Fifty thousand never took more than that because that's his wife was renewed now and so I really like how he kinda wrapped up Simon sinek wrapped up this study. He said at the time this book was written three more. Ceo's have attempted to carry the torch. But the WHI grows Zimmer. There's new hope and Michael T duke. Who is not the CEO Anymore? Looked it up okay. So there was new hope and Michael t duke and his hopes is to restore the torch declared the end the Y. Yeah and he started by paying himself. Five point four three million dollars. That's just the best way to do it. In your will often stated you'll be more apt to help people right. Yeah that's the sweet works. I know so. I don't know what was trapped here. We'll see what pay you point. Four and I mean I'm really good. Are you you to save your paycheck? Oh just just to go back to the personal story. I shared. That was twelve years ago and I remember clearly. I can see every detail I mean. Probably not what? Everybody was wary right but I mean I know where we were standing in the building. I know how she rounded the corner. I could see the look on her face and I mean that was the morning as my day started. They were the first people at work that I told me. Ask you this. The folks at this organization were they cooperative with one another or competitive territory. It depends on who was a journal. It was not a good environment you know. It's probably the last thing before we appear but you know someone else talked to recently. They're part of a large. You know Multinational corporate conglomeration right. And you would assume that. Each of the individual business units within these large organizations would work support each other one has resources the other needs and then there was even take but there's not. They're all very harshly territorial about their numbers. They have imagined that they have to hit and helping the guy next door in the same organization main turning your numbers your number. She can't. That's terrible one other thing before we wrap up. I was just kind of looking around like I looked at the. Ceo's trying to get the history of the CEO's and different outlooks. Oh sorry about that when I did I did. That's what happens when I check it before we wrap up there was it was on wikipedia which I know is not the most reliable but there was a section on charity about Walmart. We'll.

Walmart Sam Walton CEO Supercenter Wolmar Michael t duke Simon sinek Houston Kant Addison Zimmer WHI US Costco Game
"sam walton" Discussed on #QualityMatters

#QualityMatters

09:44 min | 1 year ago

"sam walton" Discussed on #QualityMatters

"Inspections tune-in check us out. They'll get back to work. That finally finished. I keep saying we're GONNA start a miniseries in calculus reminding me that we've tried that. A couple of episodes so he's going to kind of bring those to the forefront at pullman. There'll be a page dedicated to it. So as I was reading the book I was like. Oh we've gotta talk about and then I thought Ooh the book is copyrighted. I don't know if we can but then the very last sentence of silence start with why book says if this book inspired you please pass it on to someone you want to inspire so. I feel like we can shape. We're not taking credit for nothing that said here. We're taking credit. It's all Simon Senate so I do have my book. Open ahead my notes that I took. I didn't want to read to you but I think some of it's going to be a little bit rate so this is very interesting to me because it's about Walmart. And when he first mentioned Walmart because a lot of companies that he mentioned in here are companies. Did well did things. Well and and I. It's interesting to note that I grew up in Arkansas correct ballot hour hour and a half south of where Walmart started. So you've mentioned Walmart. So of course that brought up some good feelings for me but then. I thought why Walmart what are they doing well? Well there's lots of good information in here and a it can be applied to many aspects. Your Business I mean. This isn't just a sales cell type stuff now. This is starting with. Why which helps your business to be equality of quality service and quality products all those kinds of things. So we're going to kind of go a little bit. Through the history of Sam Walton. He grew he grew up in Walmart. We're not GONNA go that far back. He won't open Walmart in nineteen. Sixty two Bill Arkansas. It grew from one store to forty four billion dollars in annual sales and had forty four or forty million people shopping per week. Just mind boggling. And I don't know I don't know if it said the time that group still denied yeah was it was the only discount store around target was already opened actually target opened the same year really in discount stores were already a two billion dollar industry when he opened his one really yet in realism wars more on the leading edge. Apparently not he's admit. Sam Walton has admitted to borrowing ideas from other businesses in so talks about. Why was he successful? Because he knew his wide. He believed in people. And this is where I'm GonNa read you a little bit. He believed that if people looked after the if he looked after people people would look after him the more Walmart could give their employees their customers in the community the more they would all give back to him. He is quoted for saying. We're all working together. That's the secret very interesting. And so that was his. Wi- well yet. That was his. Why in Walmart is the what to his? Why make sense? He was in service to other people. And as a for instance he went into work on Saturdays because his employees had work on Saturdays and I thought well it's not they're not sway should be good good leadership he He remembered birthdays anniversaries. The cashiers mother had had gall bladder surgery. Oh while he's thoughtful person and that's something. I wish I was like especially today. Today's Social Media Age. You know you scroll and you see things apple CEO that are going on our last good or bad you see them a person in the thing about it. I forget I think oh my gosh. I should've asked you about or they'll mention. I'll be like us on facebook. I'm sorry meant to ask you and you know you feel so bad but he did it without facebook which is also something we've talked about previously the CEO that wrote how many birthday cards yeah on a year. So you know it's similar to that. He did not like his executives drove expensive cars. He resisted using the corporate jet for years he finally gave in the Senate for a lot of years and he never forgot where he came from. This kind of reminds me of me in you. 'cause obviously everybody wants to grow their business two million dollar business or whatever you're right yeah two billion on conservative estimates conservative and so. Of course. I'm like well. Here's what I WANNA do. Not that it's GonNa Change. I am I just like it's a nicer things on the other hand is GonNa be Sam Walton. He says I can't. I still can't believe this news where I get my haircut. Where else would I go? The Barber Shop. He goes to the Barshop. Where is what I get a cut? He says why. Do I drive a pickup? Or what am I supposed to haul my dogs around in a Rolls Royce agree so he was the person he aimed to serve the every man and I think that's the term that Simon coined because he use it later in his book every man the everyday man. That's out earning eleven in need things to get by so one of the things that I really like when he started out he built his stores in rural communities so that the everyman then have to drive to urban centers. Your ticket and supplies they needed. That's a big cost on the every man in money you spend the gas will. I mean I grew up out in the middle of you. Know where Redneck Ville and I mean. It really is thirty minutes sometimes just to get your bag on gas station so this is actually a very good very valid point but that is not at all what you would that is not the common sense place to put a huge ward store. No not at all so the dances place. That's where he grew up Yup and today today. You wouldn't think if you're from Arkansas. Anything that Arkansas Bentonville is kind of an up and coming area so you would think of it as a rural area But at the time it was so you know of course like I said when he mentioned Walmart. I didn't really like we all get can make you feel good. So that's yeah decided. We're GONNA talk about it. In one thousand nine hundred ninety two says Walmart lost their Y. Sam Walton died ochre. He was involved in the business. I think up until he could it yet so the new Walmart confused. It's Y which was to serve people with a towel which was offering low prices so then they can started with their like their schemes You know the Simonsen that talks about that early in the day earlier in the book the dumbest things just keep people in this is why Walmart makes us feel icky and December of zero eight. It's been scandal. Ridden in his head. Seventy three class action lawsuits hang related to wage violation wage violence. A while. And payed in those are your employees. And that's any Sam Walton said for taking care of his employees birth when a change everything and he paid hundreds. They've paid hundreds of millions and pass judgments and settlements which is not what. Walton believes and. That's it's really not that long of a period of time to go that far off the rails. I mean we're only talking about you know just to get to it. Yeah Twenty was a twenty years. Thirty this local. He died in ninety two. Yeah yeah both houses. It's not like all of this stuff. Came to a head into does nee. I mean this would have been like the day. After his passing the wheels turning so yeah from ninety two thousand eight shut a lot they just it just fell apart. So yeah like we'd said it makes us that you mention Walmart. It makes you feel it you. We can't put our finger on it again. Simonsen a plots earlier in the book about the part of us that we can't explain why we love somebody pick out actions that they do for things like that so we point to their size were in their money. And we say oh. It's because they're so big and they end goes along with the on our general taste for anyone. That's better than US. So it's like we can him point that that's why they're so terrible? I I don't even know if it's that is a. It's just so.

Walmart Sam Walton Arkansas facebook Simon Senate Simonsen CEO pullman US Senate apple Barber Shop Arkansas Bentonville Wi Redneck Ville Barshop Royce
Slack investor Index Ventures backs Slack competitor Quill

Equity

06:27 min | 1 year ago

Slack investor Index Ventures backs Slack competitor Quill

"We have a really interesting chose we has an early speak about quill is a series A. Company but I'd never heard of them and they have been operating stealth communication than slack which is the tool that basically all of us news today yeah so it out to me because index ventures had been investor in slack since two thousand fifteen certainly a venture will Sarah Cannon is her name she was a Board Observer at slack now I flagged this all was on the board and made that investment so I'm curious Alex Way you think what your impressions are well the six months ago give or take somewhere in there so presumably people have had the chance commentary after I posted this story some people saying that actually being a Asian you don't have any votes you're sort of by the name is the name suggests you're an observer is listed and then she goes and invest in a slack competitor early stage in and here's my question though because you and I do slacked we use it every single day of my life we did you and I have in had focused on threaded comments with condo focused IRC which is kind of slack? I'm of Ludwig Peterson who was stripes former creative director and his expertise in design he worked at Sam Altman who was the former president of y combinator kind of about what he's seeing he's actually looked at their product I sabotage workplace productivity because it is a distraction and I and I don't think it sabotage workplace Eh but hasn't done the best job to continue developing the product in such a way that does minimize distractions do things but Sam Walton who led the two million dollars seed right into the company has a perspective because if you recall Microsoft by Yam are back in the day way in the priests like era actually are you familiar with the inner ring and outer ring and they think that inner ring communication but I will say with twelve and a half million dollars and a lot of hype they have room if I remember correctly tandem integrates a bunch of different sort of productivity tools and will we're also graphic design software to and like you can also use US instead of Google docs and a cycle that we go through every few years like Bundy Bundle Bundle de Bundle origin of like early stage is are to be focused as companies released into workplace productivity collaboration chat software but that doesn't mean slacks does and it's too early to say we have no idea of quills any good it could be crap but a starter

United States Board Observer Sam Altman Index Ventures Sam Walton Ludwig Peterson A. Company Microsoft Bundy President Trump Director Two Million Dollars Million Dollars Six Months
General Motors could face first strike in 12 years

The Splendid Table

00:51 sec | 1 year ago

General Motors could face first strike in 12 years

"Members of the United auto workers union are expected to go on strike against General Motors now that a midnight Saturday contract deadline has passed Michigan radios Tracy Sam Walton explains the UAW says significant differences remain with GM on wages healthcare benefits temporary employees job security and profit sharing Michael fixes a manufacturing expert at Ball State University he thinks a strike is likely and it could be a protracted one in part because the you. an increased strike pay earlier this year you're digging deep into their their their pocketbook for that so this they're trying to set this up as the bell weather of bands of twenty nineteen the union has told Sunday shift employees to report for work so if there is a walk out it will likely happen Monday

General Motors Tracy Sam Walton UAW Michael Ball State University Michigan
Israeli Government, Michigan And Israel discussed on Morning Edition

Morning Edition

00:59 min | 1 year ago

Israeli Government, Michigan And Israel discussed on Morning Edition

"The Israeli government says it will allow Michigan democratic congresswoman proceeded to leave to visit her ninety year old grandmother in the Israeli occupied west bank Israel's interior minister describes this as a humanitarian visit Michigan radios Tracy Sam Walton reports to leave had said Israel's earlier decision to bar her entry to the country at president trump urging was a quote huge error rushing to leave is a Palestinian American one of the first Muslim women elected to Congress and a harsh critic of Israel's treatment of Palestinians as well as a harsh critic of president trump she's become one of trump's favorite political targets on Twitter and in rallies Israel initially agreed to allow her to visit as part of a congressional delegation but reverse that decision after pressure from the president it's a really disservice to all of us the continuation of kind of silencing people like myself that comes from a different perspective to leaves grandmother who's in our nineties lives in the west

Israeli Government Michigan Israel Tracy Sam Walton Donald Trump Congress Twitter President Trump Ninety Year
"sam walton" Discussed on Thrivetime Show | Business School without the BS

Thrivetime Show | Business School without the BS

04:07 min | 2 years ago

"sam walton" Discussed on Thrivetime Show | Business School without the BS

"Hundred and forty thousand square foot building and Wagner. I thought Sam was going to stroke out. That's the only time. I was thought he was gonna fire me. I really did. I I'm gone. So. We had the grand opening and it was a joke. Amongst the company people send Smith, you're gone. This thing's never going to be successful Babo ball Wagner. Oklahoma. Let me say something guys. I'm there forget this as long as I live, and I'm gonna tell them myself if Sam were living, they would kind of laugh. Oh, we opened that store. The grand opening at eight o'clock in the morning. And by nine thirty. I kinda snuck outside. And I went around behind the garden center back where the Trump wills were. And I got I not going to let us mu-. I was smoking those cigars sneak in the smoke. And because I'm thinking, I'm you know, I'm I'm going to be by will at nine thirty in the morning. We had traffic they had. We had state troopers were directing traffic. We had every sheriff department directing traffic we had traffic backed up to pull so just about. And park in the parking lot was full. And I'm sneaking a cigarette, and I feel this hand on my shoulder, and I look over and you gotta understand Sam hated he hated to things he hated tobacco. And you hate it acohol sitting there hit my mouth that cigarette. He's threw it down looked to Mason son, pick it up. You need to. He said you need enjoy that what Tom respected. There's people around the world right now to our podcast in two thousand seven ten population of Wagner, Oklahoma is eight thousand nine hundred and four people that's two thousand seven inning more square footage than people. That's a. Now thinking about this. There is still I'm looking at right now Google earth. There's a Murphy USA there. There's an artist Bank over there. There's a Armstrong Bank opponents too key to banks right there. You got to count. You got to get the money somewhere courses kind of a branch of WalMart. You've got a McDonalds there again, the magazines down the yard. It's number. Specifically growing up Muskogee. Oh, everybody load up in the car. Yeah. Go the supercenter and Wagner, really. Because at that time. I don't believe Muskogee had won. And. Yeah, you Tom smoking cigarette tobacco. Did not catch that go the big WalMart. Walmart, I I'm not gonna say. Oh, tom. Thank you. But you know, it's thrown. Thank you. Okay. So what you said must go home. Oh, what am I real good friends? Terry far was a store manager must go. Get a great guy. I don't know where he is. I don't know if he's still live. He was a great guy. Remember, terry? Okay. I didn't know I didn't know Wagner had a McDonald's. Do they've gotten big time now. But yet it's on. On line parcel supercenter now west what is your final tough question for Mr. Tom Smith the man who helped Sam Walton to create the WalMart supercenters. Fulltime I always trying to glean maybe a little bit of practical advice. So I'm wondering and all those years of WalMart. Then you went to some really cool companies you had to do a lot of hiring. You saw Sam doing hiring for those of us that don't have thousands of acres to quell hunt. Any tips you can give our listeners for characteristics or personalities that you saw that made those better employee's or anything that you looked out for when you were you were hiring new people. Absolutely is three things. I mean, you know, I don't care what kind of degree. You got on care what? And you know, I sit and I look at our company we got today. And I you know, I've got we we've got the best team. We we've got a family here with these guys and gals got each other's back. They look out for each other. We we laugh together we cry together we make money together. And you know, I it's just it's all about family..

Sam Walton WalMart Mr. Tom Smith Wagner Oklahoma Muskogee McDonalds Murphy USA Terry Armstrong Bank Mason McDonald
"sam walton" Discussed on Thrivetime Show | Business School without the BS

Thrivetime Show | Business School without the BS

02:30 min | 2 years ago

"sam walton" Discussed on Thrivetime Show | Business School without the BS

"Five largest land companies in the southeastern part of the country can people see photos, you there too. I know they can see photos of property. I'm the Canadian see photos of you there too. If they go there right now. Yeah. Yeah. They unfortunately, man, I'm again right here that this. That's why people are going there. People are going there for the eye candy. Now, see I wanna ask you this. Here. You have the floors that you can ask you can ask Tom ask you this. What is the tough question? You have for Tom. Well, I've kind of a fun question. Thank you. First of all for your time story, it's been delightful in you know, that's that's a little bit of American history right there. I mean, WalMart is is. I mean, that's American history. Sam Walton and all that insight. That's that's awesome. That's really fun. But you said you opened up proximate one hundred supercenters before you kind of went off to the next the next thing. What was what was the most successful one, which which one made the most money? Do you do recall top of your head or one of your top producers? Mcallister. Oklahoma was really good down there in the prison. Well, that's nice Callister. Really good got. There's a bunch of them. Do the. We can people think that that's a small market McAllister is probably what I mean. That's not only people get thousand people get discharged from prison. They wanna buy all the coach. Yeah. Because it'd be imprisoned that got it by the that makes sense. I'm accent. What we what we found was. And you didn't take a rocket scientist. You all these college graduates didn't figure this crap out. But. You you take the WalMart. We you know, how we figure that we did it by the old fashioned way. We took the checks people used to write by hand. We'd take checks in we'd go through and write them all down their address wasn't figure out where people were driving from far they would drive. So when we opened the supercenter we did the people back in the cash office in the system managers, but we'd write all this stuff down. We figure out the folks were driving as far as one hundred miles away to come buy groceries. Wow. So I wor- trade territory went from about twenty miles thirty miles up two hundred miles. So you were getting three times of the population. Coming into a store is what you normally would get with a normal WalMart store 'cause everybody's gotta eat don't everybody to shoot squirrels on Saturday afternoon..

WalMart Mcallister Tom Sam Walton Oklahoma scientist
"sam walton" Discussed on Thrivetime Show | Business School without the BS

Thrivetime Show | Business School without the BS

04:10 min | 2 years ago

"sam walton" Discussed on Thrivetime Show | Business School without the BS

"Right on top of my head. And I look up as Mr Sam on one. They said son, I'll get that. So I shook Sam Walton's hand. But he had dog pee on his hand. I had dog on my end, and we shook hands, and that's the day that I met Sam was the grand opening day of store to seven Jasper Alabama to eighty seven in Jasper, Alabama. Now, do you said something that I think the listeners could easily miss if we're if we don't spend the time to dive on this deep dive on this that same had big hands. Well, one I think we could deep dive on the fact that they shook hands for the first time while covered in dog. He said it was a big hand. It was a big hand. But I was a. Yeah, you did not many people know this. But Sam was a quarterback of the university of Missouri. Well, there you go. So he was a leader. He's always been a leader of quarterback of football team. He had big big hands. And may you never wanted to hear those hands route the table hit the table because you knew when those hands at the playbill that he meant business, but yet he had big hands. He really did. Now Sam Walton in his book made in America, it's discussed that he believes one of his competitive advantages was that he literally could flies on plane, and he wouldn't do it. And he said he would fly out over to the edge of a city, and he'd look out the window and look at where the edge of the development was and he's like, well, that's what we probably need to put in our store, and where it was growing too. So he flew his own plane. This is this is not a that. We can just skip over here and you flown with Sam in his plane. How many times do you think that you and Sam flew together? And you have a favorite story a favorite trip. He went on where you thought. Wow, lower trip. We flew together. I up teen time. But I don't know. I can't give you a number probably seventy eighty hundred times. But Sam always flew was on. He didn't he wouldn't fly on a plane. That pilots are hired pilots. Flutie? Plea was on playing the call numbers of his plane was three thirteen j pre three thirteen. Juliette? It was a twin engine dead Cessna free eighteen. And so he flew his own play. We put a hush kits on it for Christmas prison one year. And he got mad at us because we spent too much money. But and he would take all of the seats out of the plane. It was like a six seater. Maybe eight passenger he took during coil season. He'd take all the seats out of the plane and put dog boxes in there. So we can haul old ROY and Katie and Molly, and he'd hold all the bird dogs back forth. Them to pal furious to go well on, but and you and he didn't believe in having a plane detailed like you clean, your car that plane stateful the dog air for twelve months, but. Awfully with Sam just numerous numerous times. Sam was the airplane was one of his meaning competitive advantages. You never knew where he was not many people do this about Sam, but Sam he may have had an instrument rating, but he didn't know how to use instruments. Sam followed highways. He would take a highway map. I heard he did this. He would actually not read the instruments and just follow highways while flying he didn't know how to read less. Look at the highway and he would follow the highway, and he wears highway turned he may take a shortcut going over to the highway over there. He knew how to read the the all temperature. He knew how to read the fuel when you were getting close empty gas. Does I saw him tapping on the fuel thing a couple of times? I was going. Oh my God. We all but but he would get up there. And he would he would fly the outside of town. He would look in. And he would check if they were competitive in town say they was a K mart store. He would buzz the parking lot. Turn his wings this go vertical with a parking lot. And he would count the the cars the customer cars in the K mart parking lot. And he would go both WalMart store, and he'd count the number of cars in the WalMart parking.

Mr Sam Sam Walton Flutie Jasper Alabama WalMart Jasper university of Missouri Juliette football America ROY Molly Katie three thirteen j twelve months one year
"sam walton" Discussed on WTVN

WTVN

01:38 min | 2 years ago

"sam walton" Discussed on WTVN

"Okay. I let me start this way with Alexandria, Akasha, Cortes, and all the other budding, socialists and marxists. Let me take five of the wealthiest human beings ever. John D Rockefeller Sam Walton. Sam Weyerhaeuser Bill Gates. Andrew Carnegie, Jeff Bezos. Why are they billionaires? Why are they billionaires? They changed the world. That's why they're billionaires. And I could name thousand more billionaires multimillionaires, what did John Rockefeller? He invented oil pipelines, whereas natural gas used to be burned off. Oil and natural gas Ray able to move all over the country. And if your homes. And to make all kinds of things possible. Including heating your home during the winter. Including later. Fuelling your automobiles your vehicles. Well, think about what we do with oil and natural gas today. And he helped fuel if you will the industrial revolution. Sam walton? Well, you know, what Sam.

John D Rockefeller Sam Walton John Rockefeller Sam walton Sam Weyerhaeuser Jeff Bezos Akasha Andrew Carnegie Bill Gates Alexandria Cortes Ray
"sam walton" Discussed on Mixergy

Mixergy

03:17 min | 2 years ago

"sam walton" Discussed on Mixergy

"The Walton family is doing some incredible stuff. So Sam Walton's heirs, there's the best museum of American art. I would profits in in all the US. We've got probably the first or second destination for mountain biking in beaver lake. It's there's just a bunch of reasons that, but it's the people is what it is. This is home. I guess I'm such a New Yorker. I don't care about the people, but I should what happens is and up in a place, and then I love the people and I get it. All right. So you had a chip on your shoulder. You wanted to build document much bigger than you did and you said. All right. I hate to say this, but you told up producer, I believe. What about my age? What did you think about your age and how it how it played a factor in whether you're gonna start or not? Forty. Three. So at got three kids, ten twelve in a fifteen. And if you read the studies in a lot of them say, I'm too old to do this. Some other studies say, I've actually the perfect age. So yeah, forty three to fifty. I think I can. I dedicate seven years to figure out the right thing or not. Yeah, I'll work. You're the rest of my my my career if it is the right thing. And so here we go. That was a tough decision for me. It's a little. I have to work a little differently. I can't work twenty hour days seven days straight. I can't go family anymore. I didn't. Fortunately didn't damage family easily could've enactments. What do you live yourself to not work to point where you damage your family? It's balanced, right. I mean, when you're on your on, when you're off your, you Have have. to be off in. It's just this work like life balance. It's spin a, I don't miss volleyball games. My girls play volleyball. I don't miss football games. My my, my son plays football. We play video games every night. I'm not gonna miss that at one shot at. So it's just a little bit of balance now. Don't get me wrong. I'm a hard worker. I, I'm putting eighty plus hour weeks into this thing I, that's how I was trained hundred hour weeks in medical school. Absolutely. I get it, but it's just a little bit dif- I'll walk out here at three in the afternoon. Go watch volleyball game, whereas at accurate I wouldn't. So a lot of people would look at this market and said, closed their players in here. You got magenta. You've got shop a fi. You looked at it and you said, I see a big opportunity. What's the opportunity that you saw in creating software to enable people to create and manage their ecommerce sites? Last saw a an article in internet retailer magazine read, as we were contemplating this, and I was on a plane to Silicon Valley when I saw it to go meet with some VC's to say, hey, a mass. Pain to even contemplate this. And the article was nearly half of all ecommerce stores are looking to replant for him in the next year. I'm like, that's interesting statistic, because that's a lot. It's really hard to replant form. Ecommerce have done a dozens of those years. And that coupled with the experience we had with a our portfolio companies, finding the right software be with our own experience, which I can sure a little bit about as well in it. See meeting with two hundred fifty entre preneurs we, we started the pattern. It was this new dollar ceiling as I call it on shop so you can grow your business up south inex-, super easy to get your first sale in your tenth sale..

volleyball Sam Walton football US beaver lake museum of American art producer internet retailer hundred hour seven years twenty hour seven days
"sam walton" Discussed on KKOB 770 AM

KKOB 770 AM

02:09 min | 3 years ago

"sam walton" Discussed on KKOB 770 AM

"Yeah and and that's something that that does happen i mean you're there's there's that risk reward thing is is always in our mind were always doing something for a benefit whether it's a financial benefit or not the things that we do were looking to get some kind of result at which is that reward and sometimes it's just a random thought or action trying to you know get that and achieve that whatever it is whatever that is and then sometimes it's very calculated and there are people like me who don't want to risk my wife she'll take greater risks you know i know people that will the greater the risk the greater the reward not always sometimes the greater the risk of the greater the failure it just it it happens that way and things can change you can plan you can even go out and they all the best plans do all the research and then all the sudden the marketplace changes you know i mean sam walton spent his entire you know adult life building a massive massive empire on a really great idea and today brick and mortar they're not going away but they're losing market share because because the traffic has changed it's not foot traffic anymore it's finger traffic when i'd mentioned before about gulf bean diction and having fun with that hitting ball with the stick but the closest really want i just thought about this the closest i've ever felt to being not letting critical thinking come into my life and gulf being in diction is when you watch the golf channel and they come up with the new golf club that will save your game like oh it's only.

sam walton
"sam walton" Discussed on WJR 760

WJR 760

02:09 min | 3 years ago

"sam walton" Discussed on WJR 760

"Yeah and that's something that that does happen i mean you're there's there's that risk reward thing is is always in our mind were always doing something for a benefit whether it's a financial benefit or not the things that we do we're looking to get some kind of result out which is that reward and sometimes it's just a random thought or action trying to you know get that and achieve that whatever it is whatever that is and then sometimes it's very calculated and there are people like me who don't want to risk my wife she'll take greater risks you know i know people that will the greater the risk the greater the reward no not always sometimes the greater the risk of the greater the failure it just it it happens that way and things can change you can plan you can even go out and make all the best plants do all the research and then all the sudden the marketplace changes you know i mean sam walton spent his entire adult life building a massive massive empire on a really great idea and today brick and mortar they're not going away but they're losing market share because because the traffic has changed it's not foot traffic anymore it's finger traffic when i'd mentioned before about golfing in diction and having fun with that hitting a ball with the stick but the closest really i thought about this the closest i ever felt to being not letting critical thinking come into my life and gulf in diction is when you watch the golf channel and they come up with the new golf club that will save your game and you're like oh it's only.

sam walton
"sam walton" Discussed on WPRO 630AM

WPRO 630AM

02:09 min | 3 years ago

"sam walton" Discussed on WPRO 630AM

"Yeah and and that's something that that does happen i mean you're there's there's that risk reward thing is is always in our mind were always doing something for a benefit whether it's a financial benefit or not the things that we do we're looking to get some kind of result at which is that reward and sometimes it's just a random thought or action trying to you know get that and achieve that whatever it is whatever that is and then sometimes it's very tabulated and there are people like me who don't want to risk my wife she'll take greater risks you know i know people that will the greater the risk the greater the reward no not always sometimes the greater the risk of the greater the failure it just it it happens that way and things can change you can plan you can even go out and make all the best plans do all the research and then all the sudden the marketplace changes you know i mean when sam walton spent his entire adult life building a massive massive empire on a really great idea and today brick and mortar they're not going away but they're losing market share because because the traffic has changed it's not foot traffic anymore it's finger traffic when i'd mentioned before about gulf bean addiction and having fun with that hitting a ball with the stick but the closest really i just thought about this the closest i've ever felt to being not letting critical thinking come into my life and gulf being in addiction is when you watch the golf channel and they come up with the new golf club that will save your game like oh it's only one.

sam walton
"sam walton" Discussed on KSFO-AM

KSFO-AM

02:09 min | 3 years ago

"sam walton" Discussed on KSFO-AM

"Yeah and and that's something that that does happen i mean you're there's there's that risk reward thing is is always in our mind were always doing something for a benefit whether it's a financial benefit or not the things that we do were looking to get some kind of result at which is that result reward and sometimes it's just a random thought or action trying to get that and achieve that whatever it is whatever that is and then sometimes it's very calculated and there are people like me who don't want to risk my wife she'll take greater risks you know i know people that will the greater the risk the greater the reward now not always sometimes the greater the risk of the greater the failure it just it it happens that way and things can change you can plan you can even go out and make all the best plants do all the research and then all the sudden the marketplace changes you know i mean when sam walton spent his entire you know adult life building a massive massive empire on a really great idea and today brick and mortar they're not going away but they're losing market share because because the traffic has changed it's not foot traffic anymore it's finger traffic when i had mentioned before about gulf bean addiction and having fun with that hitting a ball with the stick but the closest really want i just thought about this the closest i've ever felt to being not letting critical thinking come into my life and you know gulf bean and diction is when you watch the golf channel and they come up with the new golf club that will save your game and you're like oh it's only one.

sam walton
"sam walton" Discussed on 850 WFTL

850 WFTL

02:08 min | 3 years ago

"sam walton" Discussed on 850 WFTL

"Yeah and and that's something that that does happen i mean you're there's there's that risk reward thing is is always in our mind were always doing something for benefit whether it's a financial benefit or not the things that we do were looking to get some kind of result at which is that reward and sometimes it's just a random thought or action trying to you know get that and achieve that whatever it is whatever that is and then sometimes it's very calculated and there are people like me who don't want to risk my wife she'll take greater risks you know i know people that will the greater the risk the greater the reward not always sometimes the greater the risk the greater the failure it just it it happens that way then things can change you can plan you can even go out and make all the best plants do all the research and then all of a sudden the marketplace changes you know when sam walton spent his entire adult life building a massive massive empire on a really great idea any today wreck and mortar they're not going away but they're losing market share because because the traffic has changed it's not what traffic anymore it's finger traffic when i'd mentioned before about gulf bean addiction and having fun with that hitting a ball with the stick but the closest really i just thought about this the closest i ever felt to being not letting critical thinking come into my life and gulping addiction is when you watch the golf channel and they come up with the new golf club that will save your game and you're.

sam walton
"sam walton" Discussed on KKOB 770 AM

KKOB 770 AM

02:09 min | 3 years ago

"sam walton" Discussed on KKOB 770 AM

"Yeah and and that's something that that does happen i mean you're there's there's that risk reward thing is is always in our mind were always doing something for a benefit whether it's a financial benefit or not the things that we do we're looking to get some kind of result at them which is that reward and sometimes it's just a random thought or action trying to you know get that and achieve that whatever it is whatever that is and then sometimes it's very calculated and there are people like me who don't want to risk my wife she'll take greater risks you know i know people that will the greater the risk the greater the reward not always sometimes the greater the risk the greater the failure it just it it happens that way and things can change you can plan you can even go out and make all the best plans do all the research and then all of a sudden the marketplace changes you know i mean my sam walton spent his entire adult life building a massive massive empire on a really great idea and today brick and mortar they're not going away but they're losing market share because because the traffic has changed it's not foot traffic anymore it's finger traffic when i mentioned before about gulf bean addiction and having fun with that hitting a ball with the stick but the closest really i thought about this the closest i ever felt to being not letting critical thinking come into my life and in a gulf in diction is when you watch the golf channel and they come up with the new golf club that will save your game like oh it's only.

sam walton
"sam walton" Discussed on WCTC

WCTC

02:51 min | 3 years ago

"sam walton" Discussed on WCTC

"Comes down to look one of the things that that that the sam walton did his his idea was this proprietary supply chain right get the efficiencies of the uh and greet and keep those efficiencies there a greater uh a contracts uh with their vendors and all of this should keep the prices low in order to you know basically pass that onto the consumer and create this huge uh discount retailer walmart and while things have changed since the passing of sam walton uh that was the idea that's what jeff visas is doing essentially to compete because he bought his on freight company are they now have amazon freight while they still use others the idea is to create that proprietary supply chain so that they can keep their costs down and they can be competitive with walmart while delivering it to your door while march responses to also do their own delivery kind of think all of this is to say that the government is not a way you could convince me the government is going to have that kind of end of ability because bistros didn't habit without amazon first becoming very profitable sam walton didn't have it without you know meeting that demand for that those discounts there there are many many other great ideas i think to create efficiencies and any progra food stamps or otherwise but creating your own supply chain or contracting out i i it just seems like a a master redundancy and and then beyond that you can have the price that in with the people who overseeing it for the american people there's no we already have goods already delivered to stores now let's talk about uh okay these goods should not be purchaseable by those food stamp research recipients or there should be a it or means test or whatever it might be to create efficiencies but moving freight and and an adding all of that logistics to it is to me just a horrible idea simply because the government uh is the historically as you you mentioned gerry their track record of of creating officiency is like this is just not not of because we have to go beyond donald trump i know a lot of people get a will look at this no while trump his great at creating efficiencies now no it starts here just imagine for the sake of the argument that it.

sam walton walmart amazon donald trump gerry
"sam walton" Discussed on We Study Billionaires - The Investors Podcast

We Study Billionaires - The Investors Podcast

02:03 min | 3 years ago

"sam walton" Discussed on We Study Billionaires - The Investors Podcast

"Pk homes was trying to give the store and the location to his son so his son could basically take over wit sam had don so sam kind of left in a bad situation and then he realized how important it is that he owned a lease that was longer than a couple years so long story short he went out there he started looking for other locations he went to bentonville arkansas the start another store and this time he started a five and dime the first year his sales were seventy two thousand the next year after that it was one hundred and five than one hundred and forty one hundred seventy five and as you can see when he moved the bentonville he pretty much did the exact same thing all over again the only difference was he got one hundred year lease with his new landlord a little bit of a back story on sam's brother so sam has a brother his name is bud and bud was also in the military and he was a pilot and so as sam continued to grow this store he started venturing off and you know and another store and he's opened another store these were just convenience stores they were variety stores in the area that walmart wasn't even a thing at this point but he was opening up all these little variety stores all over the place and so then him and his brother bud who was a pilot they started getting in the aircraft and flying around and they were scouting out properties through the air the find the highly traffic good towns and areas that they thought a store would do really well and so that that's how they started making decisions in this flying became a real fascination in love in sam's life where clear up to the end he was always flying around looking for store locations and a lot of the store locations for a very long period of time where all scouted out and found by sam walton himself so one of the things i think really need to add to this story is that's molten was really targeting small towns this part time because he was so aware of the competition.

sam sam kind walmart sam walton don bentonville arkansas one hundred year
"sam walton" Discussed on We Study Billionaires - The Investors Podcast

We Study Billionaires - The Investors Podcast

01:49 min | 3 years ago

"sam walton" Discussed on We Study Billionaires - The Investors Podcast

"You're listening to t i p on today's show we talk about the american retail tycoon sam walton similar to other autobiographies won't and provides key insights into how he was able to build his small five and dime store into the billion dollar global retail chain it is today sam completed this book the same year he died so there weren't any details left out of his writing so get ready to hear some of his awesome insights and fund stories from the man that created a hundred billion dollars in a single lifetime you're listening to the investors podcast while we study the financial markets and read the books that influenced self made billionaires the most we keep you informed and prepared for the unexpected let's take a quick break and hear from today sponsor one of the most difficult things to overcome when investing is to have control over your emotions that's why stig and i recommend a service called trade stops trade stops provides a service that calculates a stocks unique volatility and provides buy and sell recommendations based on the stocks momentum trade stops uses the ticks to calculate the most opportune times the buy and sell while reducing your exposure to the overall risk so here's the best part since your listener of the investors podcast you can get twenty percents off the service when you visit trade stops dot com forward slash t i p that's trade stops dot com forward slash t ip there's even a thirty day money back guarantee if you're not satisfied with the results so what do you have the lose go to trade stops dot com forward slash t ip today all right back to the show all right so like we said in the introduction we're going to be covering us sam walton's book.

sam walton hundred billion dollars billion dollar thirty day