Sam Walton: Made In America: Book Review

February 27, 2017

Before reading this book, I have a huge feeling that Sam Walton: Made in America would just be about the man's autobiography, but it turned out to be a highly educational read on entrepreneurship.

Sam Walton, on his deathbed, narrated how he built Wal-Mart, one of the most successful retail giants we have today. Basically, it's a book about the Wal-Mart story.

Sam Walton: Made In America: Book Review


Sam Walton is the Real Deal

I'm aware that many aren't happy with Wal-Mart nowadays, but I couldn't help admire the man. With the enormous wealth he had amassed from his Wal-Mart stores, he remained humble and down-to-earth. He doesn't believe in a big showy lifestyle. Definitely, not all things Donald Trump!

For Sam Walton, ego is not the way to build an effective organization. He would even go so far as to discourage his associates, the Wal-Mart employees, to do so. Simply, because Sam Walton believed that if you get too caught up with the good life, you lose touch of the company's sole purpose, that is serving the customers.

Sam Walton: Made in America taught me a lot about how the retail industry works. I never thought I'd gathered so much entrepreneurial perspective from an autobiography. Just wow! I've had lots of takeaways from this book. 


3 Golden Nuggets from Sam Walton Book

  • In retail, you are either operations driven -- where your main thrust is toward reducing expenses and improving efficiency-- or you are merchandise driven. The ones that are truly merchandise driven can always work on improving operations. But the ones that are operations driven tend to level off and begin to deteriorate.
  • By cutting your price, you can boost your sales to a point where you earn far more at the cheaper retail price than you would have by selling the item at the higher price. In retail language, you can lower your markup, but earn more because of the increased volume.
  • Check out the competition. Don't look for the bad. Look for the good. And you must try to incorporate it to your business.

Towards the end of the book, Sam Walton also shared his 10 Rules of Success. Now, you have to read the book to find it out.


Sam Walton Book Review

Sam Walton: Made in America is a fun and humorous read, like grandpa sitting across the room telling you his success story and giving you lots of valuable life lessons along the way.

You'll definitely love the book, as much as I have! No wonder I'm giving Sam Walton: Made in America, 5/5 stars.

RATING: 5/5

To me, Sam Walton: Made in America is a must-read. This book is timeless! A highly recommended read for every aspiring entrepreneur out there.


"There was much, much more business out there in small-town America,
Than anybody, had ever dreamed of."
- Sam Walton



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