Sam Walton Research Paper

1079 Words5 Pages
Sam Moore Walton as known as Sam Walton, the founder of Wal-Mart, which is the largest company by revenue and also the largest retailer all around the world. Sam Walton was a pioneering American businessman who was born in Kingfisher, Oklahoma, on 29 March 1918. He was the eldest son of Nancy lee and Thomas Walton. In 1923, his father decided to move to Orlando, Florida because farming did not generate enough income to raise a family. After several years, they moved to Missouri. Walton was good in learning and also sports. He became the youngest Eagle Scout in the state’s history when he was only thirteen and he was the quarterback in his high school football team. During the Great Depression, Walton also did lots of jobs, such as milked…show more content…
In 1940, he graduated with a Bachelor of Economics and he was entitled as a “permanent president” of his class. During the World War 2, he joined U.S. Army Intelligence Corps, and reached the rank of Captain in 1945. After leaving the military, Walton used his own saving and loaned from his father-in-law to acquire a Ben Franklin franchise variety store. The store was performed well but the landlord refuse to let Walton renew the lease because he want to buy the store and let his son to run it. Before he left his store, he bought another Ben Franklin franchise store in Bentonville, Arkansas. In 1962, Walton and his younger brother had already owned 16 stores which the fifteen stores is under Ben Franklin franchise and one is his own stores. In the same year, the first Wal-Mart was opened in Rogers, Arkansas which was called as the “Wal-Mart Discount City store” and Sam started his journey of building his retail empire. “By 1976 Wal-Mart was a publicly traded company with share value north of $176 million. By the early 1990s, Wal-Mart’s stock worth had jumped to $45 billion. In 1991 Wal-Mart surpassed Sears, Roebuck & Company to become the country’s largest retailer.”(Walton,…show more content…
From the quotation, we can know that Walton had an extremely high standard of integrity. A leader with a high standard of integrity will inspire others’ confidence because what they are going to do or say will be trusted by others. I think that Walton is a leader with a high standard of integrity because he believed that a man who lacked of integrity will fail faster than lacked of job performance. So, he rather walking with someone who has performance problems than someone who is lacked of integrity. Integrity makes him become a trustful and believable leader and lead him to become the greatest retailer in the world. It surely contribute a great impact to his business His partners and employees will not be doubtful to what he said or done as he is worth to be trusted and it bring out some kind of motivation effects. His employees’ loyalty and confidence will be increased and be more hardworking than before because they believe that Walton is a trustful leader who will bring them to a brighter
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