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Lesson #2: Prioritize Your Customer
“There is only one boss,” said Walton. “The customer. And he can fire everybody in the company from the chairman on down, simply by spending his money somewhere else.”

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What is Personal Branding
Mercedes, McDonalds, Wal-Mart. Like them or not, you probably have an idea of what these companies stand for and what you will get from them. For example, I probably wouldn't go to Wal-Mart to shop for a suit to wear to my next professional speaking engagement. I would, however, readily head off to Wal-Mart for back-to-school shopping for my elementary-school-age children, and homeware supplies. Upon my arrival I would fully expect to be warmly greeted by a smiling face at the door and to find an ample supply of family necessities at a fair and reasonable price. This is their brand impression.
Wal Marts brand positioning
As reported by ABC News, U.S. based retailer Wal-Mart experienced weaker than expected holiday shopping on Black Friday, prompting Wal-Mart to cut its projected sales increase for November by more than half.
Lesson #1: Motivate Your Workers
“Individuals don’t win, teams do,” Walton once said. If you worked for Wal-Mart, Sam Walton was your partner, not your boss.

Tearing Down Walls: How Walton Rose To The Top
Sam Walton passed away in 1992 but his legacy lives on. It is estimated that if the Wal-Mart chain was its own economy, it would rank 30th in the world, behind Saudi Arabia. The company’s revenues continue to grow at roughly 10% a year, likely surpassing half a trillion dollars in sales within the next decade. The international division of Wal-Mart is also its fastest-growing division, which indicates that the company is continuing to increase its presence around the world. If Sam Walton were alive today, he would be the richest person in the world, with twice the fortune of Bill Gates. How did a farm boy from Oklahoma accomplish all of this?
Sam Walton: A Charismatic Leader
Sam Walton of Wal-Mart Stores Inc. has been quoted as having said it takes just seven days for new employees to start treating customers the way they are treated at work. All the customer service skills and training in the world can be undone in only one week if an employee is treated poorly by his or her co-workers or boss.
Jonesing for a Jones: Van Stolk’s Company Goes Global
Sitting on a shelf just outside van Stolk’s office were two two-litre jugs of Sam’s Choice soda from Wal-Mart. “They’re there so that every day, as I walk past, I’m reminded of what I don’t want to be,” he said.

Emerging Technologies
Major retailers like Wal-Mart typically represent the leading edge in retail technology, but that doesn't mean small retailers should ignore these trends because "only the big guys are doing it"
Are Macs and Wal-Marts a good match?

Apparently, there are plans afoot for Wal-Mart to sell Macs, as well as iPhones and iPods, in at least some of their stores. I'm not sure that's a good idea, but it's worth pursuing, at least on a trial basis.

You can get a loan even if you have bad credit
The credit industry is an intensively growing one. People are getting into debt at a high rate. We can see this specially with the case of Wal-Mart credit card service (GE Money service). They offer two options of credit cards: Wal-Mart regular credit and Discovery card. You can have both. When you add that the same happens with Sam's Club, people have available four credit cards just from one business source. And many people do have them. With our problematic financial crisis, giving or asking for credit is worrisome. People don't have control over their expenses and financial obligations. There are a diversity of credit options. Student loans, mortgages, auto loans, pawnshops, insurance loans, personal loans. And our theme today, the payday loan.
Be a Greeter
Make the most of all networking events and seminars and meetings you attend by meeting people by being a greeter.
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