
Sam Walton
by John Huey, WALTON · first published 1900
88% recommend13% neutral
Why HN recommends it
A firsthand account of building Walmart from a single store, offering practical business lessons and wisdom. It is instructive for entrepreneurs and anyone studying retail strategy or business history.
Summarised by Claude from recommending comments
Meet a genuine American folk hero cut from the homespun cloth of America's heartland: Sam Walton, who parlayed a single dime store in a hardscrabble cotton town into Wal-Mart, the largest retailer in the world. The undisputed merchant king of the late twentieth century, Sam never lost the common touch. Here, finally, inimitable words. Genuinely modest, but always sure if his ambitions and achievements. Sam shares his thinking in a candid, straight-from-the-shoulder style. In a story rich with anecdotes and the "rules of the road" of both Main Street and Wall Street, Sam Walton chronicl
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…Stone, Brad (2013) Everything Store: Jeff Bezos and the Age of Amazon Wallace, James and Jim Erickson (1992) Hard Drive: Bill Gates and Making of the Microsoft Empire Walton, Sam with John Huey (1992) Sam Walton: Made in America Wilson, Mike (1996) Difference between God and Larry Ellison: Inside Oracle Corp POLITICAL ECONOMY / THEORY / ECONOMIC HISTORY Arrighi, Giovanni (1994) Long Twentieth Century Braudel,…
on “Ask HN: What are the must-read books about economics/finance?” ↗Sam Walton's biography is one of the best business books I've ever read: http://amazon.com/Sam-Walton-Made-In-America/dp/0553562835 What's really instructive about his story is that he started his first retail…
on “Ask HN: Do bootstrapped billion-dollar companies exist?” ↗A lot of what I knew about Walmart came from third party sources (activists, whatever), so I decided to go to a primary and read Sam Walton's book, and I must say it gave me a new appreciation and understanding for the vast machine that is Walmart. I highly recommend it: http://www.amazon.com/Sam-Walton-Made-In-America/dp/05535628...
on “Why Wal-Mart Will Never Pay Like Costco” ↗…Stephenson * An Economist walks into a Brothel: And Other Unexpected Places to Understand Risk by Allison Schrager * The Devil’s Candy: The Bonfire of the Vanities Goes to Hollywood by Julie Salamon * Sam Walton: Made in America by Sam Walton
on “Ask HN: What are some of the best books you have read in 2022?” ↗Everything you need to know about Jeff's strategy is in this book: http://www.amazon.com/Sam-Walton-Made-In-America/dp/05535628... Different medium and market, but basically the same overall strategy.
on “Amazon and the "profitless business model" fallacy” ↗I read it as part of my business degree. It's a great book, and a fascinating story: "Sam Walton: Made In America" by Sam Walton and John Huey.
on “How Amazon Plans To Use Whole Foods to Dominate the Retail Industry” ↗Autobiographies are the best way to learn firsthand from those who have "won" at business: Sam Walton - this is easily the best. Solid gold nuggets of wisdom every page. Henry Ford - strong business, science, and tech ideas. Plus his biography of his good friend Thomas Edison is great. Larry Ellison…
on “DIY MBA: My Reading List (2019)” ↗…sample and he should be cautious to generalize to all entrepreneurs. I recently re-read McDonald's: Behind The Arches by John F. Love https://www.amazon.com/McDonalds-Behind-John-F-Love/dp/05533... Sam Walton: Made in America by Sam Walton with John Huey https://www.amazon.com/Sam-Walton-Made-America/dp/0385426151... I was struck by how curious Walton and Kroc were about the competition and about how much…
on “What entrepreneurs can learn from regular people (2016)” ↗