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Building a Frugal Fortune: The Growth of Wal-Mart
“There’s a lot more business out there in small town America than I ever dreamed of,” said Walton. The success of his first variety store took even Walton by surprise, leading in sales and profits in the six-state region in which the Butler Brothers operated. By consistently stocking his shelves with discounted products, keeping later hours than most others, and buying wholesale goods from the cheapest suppliers, Walton managed to significantly increase his sales volume.

Lesson #3: Catch The Fever
“If you love your work, you’ll be out there every day trying to do it the best you possibly can, and pretty soon everybody around will catch the passion from you – like a fever,” said Walton.

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Benjamin Franklin: The Founding Father Gets His Start
He was the fifteenth of seventeen children and his father didn’t have enough money to send him to school, but that didn’t stop Benjamin Franklin from becoming one of the most prominent figures in early American history. As one of the Founding Fathers of the U.S., Franklin was also an entrepreneur, inventor and writer whose legacy would leave a lasting impact the world over.

Inventing the Future: Franklin’s Career Sparks
Franklin was an ideas man; he lived and breathed education and the free-flow of knowledge. It was to this end that Franklin created Junto in 1727, a group focused on stimulating a dialogue on the scientific and political ideas of the time, later becoming the American Philosophical Society. He also created the nation’s first public library in 1731, which would later come to be known as the Philadelphia Library.

Lesson #3: Experiment and Innovate
“I am in the prime of senility,” Franklin once said. Known for his often seemingly eccentric musings and scientific experiments, Franklin was never one to shelve his ideas or shun his research in the face of public ridicule. He was one of the most forward thinkers of his time and made a name for himself by not only embracing change, but also by directing the change itself.

Lesson #5: Do Well by Doing Good
“He is ill clothed that is bare of virtue,” wrote Franklin. “A good conscience is a continual Christmas.” Despite being wealthy enough to retire comfortably by the age of 42, Franklin continued to pursue civic projects and carry out benevolent acts throughout the rest of his life. He staunchly believed that the good life was achievable in direct proportion to one’s contribution to society and thus, from universities to hospitals to firehouses, Franklin dedicated his resources to giving back.

The Source of Enlightenment: How Franklin Achieved Success
With his commitment to personal achievement and to improving the lives of his fellow Americans, Franklin proved to be one of the most successful statesmen, writers, entrepreneurs and intellectuals of his time. Given that his father was a soap maker who couldn’t afford education for his 17 children, Franklin’s success is all the more astonishing. How did Franklin take control of his situation and turn his destiny around?
Lesson #3: Put Yourself in Your Customers’ Shoes
Hindsight is 20/20. Looking back on the success – or lack thereof – of his first Subway store, DeLuca acknowledges that his biggest mistake was its “crummy location. In February, the store was doing so bad that we were thinking of closing up.” But together with his partner, Buck, the pair decided to try something even more eccentric: they decided to open up a second store. “We talked ourselves into building the second store,” says DeLuca.

Common and Uncommon Sense
I have long been intrigued by people who have become known as universal men and women. These are people who have succeeded at the highest level in more than one field of endeavor. The person who probably most embodies the concept of a universal man is Benjamin Franklin. Franklin was a statesman, inventor, scientist, publisher, and philosopher just to name a few of his areas of accomplishment.

Leadership and Learning are Indispensable
The great American founding father, author, and statesman, Benjamin Franklin, was highly devoted to life long learning and continual personal improvement. His book, The Art of Virtue (edited by George Rogers), is an inspiring account of Franklin's life and an instructive guide to his improvement process and personal effective system. Franklin once said, "If you empty your purse in your head, no one can take it away from you. An investment in knowledge always pays the best interest."

Organization Structure Limits or Liberates High Performance
The CEO of a national retailer was very frustrated. His face grew noticeably redder as he told me how he had set up each store as a profit center and was attempting to hold store managers and their regional managers accountable for profitability. But when a store under performed the store manager would show that head office buyers were forcing them into stocking the wrong merchandise for their particular mix of customers. Or they would claim that the marketers hadn't put together the right campaign for their local market.

The power of a group
January 18th would have been Benjamin Franklin’s birthday. Now there’s a guy who saw opportunities that others did not. Ben invented the lightning rod, bifocals, the Franklin stove, the odometer, and the glass armonica. He formed both the first public library and the first fire department in Pennsylvania.
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