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How Walmart was Made | Made In America - SAM WALTON | Animated Book Summary

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Sam Walton built his Walmart empire from 1 store to the biggest company in the world. Here's an animated book summary video of 'Made in America', his autobiography describing how he did it. Get the book: http://amzn.to/1sqFSJX ► Subscribe to ObtainEudaimonia's Channel Here - http://www.youtube.com/obtaineudaimonia?sub_confirmation=1 I read books about successful people and make animated videos about them.

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I picked  entrepreneurs sam Walton and Pierre Omidyar                    this padlet will give the reader a comparison

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Sam Walton was born on March 29, 1918, in Kingfisher, Oklahoma. Walton opened the first Wal-Mart in 1962, after years in the retail management business.

The discount chain expanded internationally over the next 30 years, growing into the world’s largest company by 2010Walton stepped down as CEO in 1988, at the age of 70, but remained active in the company until his death in 1992Sam Walton was an American businessman best known for founding the retail chain Wal-Mart, which grew to be the world’s largest corporation..

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Iranian-American economist Pierre Omidyar is best known as the founder and chairman of eBay, the online auction website. Omidyar graduated from Tufts University in 1988 with a degree in computer science and worked for both Macintosh and Apple before founding eBay. By the end of 1998, the company boasted 2.1 million members and generated $750 million in revenues.

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Walmart & Sam's Club

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1What was it about Sam Walton that made him so successful?

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1What was it about Sam Walton that made him so successful?

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Sam Walton believed in taking risks.  He admitted that when he took risks in the early days 9 out of 10 times he failed!  He said it was that 1 time out of 10 when he succeeded that made those 9 failures worthwhile.  Sam Walton took big risks and reaped big rewards.  He taught his leadership team the importance of managed risk

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Why do you think Wal-Mart is so reviled by the American press? Do you think the criticisms are fair? 

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Why do you think Wal-Mart is so reviled by the American press? Do you think the criticisms are fair? 

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The USA I think much of the criticism stems from the impact Wal-Mart has had on small towns. Adding to the criticism is every retailing sector negatively impacted by Wal-Mart competition.

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pirce Pierre Omidyar Biography.com
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Biography.com Editors
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The Biography.com website

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eBay Success Story - Pierre Omidyar Full Speech

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Pierre Omidyar - Founder of eBay.com discusses the creation of eBay and of his foundation with the Academy of Achievement's student delegates. He says, "I started eBay as an experiment, as a side hobby basically, while I had my day job".

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Are the challenges that Wal-Mart faces today similar to those faced by Sam Walton? 

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Are the challenges that Wal-Mart faces today similar to those faced by Sam Walton? 

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Sam Walton believed that in order to succeed in any business you’ve got to focus on serving your customers

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1 picture of Sam Walton
{Sam Walton Biography.com
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Biography.com Editors
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The Biography.com website

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The Untold Story of Sam Walton and Wal-Mart, the World's Most Powerful Retailer (1998)

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Samuel Moore "Sam" Walton (March 29, 1918 - April 5, 1992) was an American businessman and entrepreneur best known for founding the retailers Walmart and Sam's Club. About the book: https://www.amazon.com/gp/product/0812932978/ref=as_li_tl?ie=UTF8&camp=1789&creative=9325&creativeASIN=0812932978&linkCode=as2&tag=ub066-20&linkId=ce012858e97f602d611d50e940a4bdeb Sam Walton was born to Tom Gibson Walton and Nancy Lee, in Kingfisher, Oklahoma.