TIP178: Sam Walton - Made In America - The Story of Wal-Mart (Business Podcast)
We Study Billionaires - The Investor’s Podcast Network
Stig Brodersen
4.6 • 3.6K Ratings
🗓️ 18 February 2018
⏱️ 54 minutes
🧾️ Download transcript
Summary
On today's episode we learn about Billionaire Sam Walton. To prepare for the show we read Walton's book: Made In America.
- To view the complete show notes click here.
In this episode, you'll learn:
- Sam Walton’s 10 pieces of advice for building a successful business
- What Amazon learned from Walmart
- Why it is a big problem if your team is not complaining
- Ask the Investors: Are Warren and Charlie the competitive advantage of Berkshire Hathaway?
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Transcript
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| 0:00.0 | You're listening to TIP. |
| 0:30.0 | You're listening to TIP. |
| 0:52.5 | We're going to be covering Sam Walton's book Made in America. |
| 0:57.5 | This was a really good read. |
| 0:59.5 | We were waiting a long time for this to come out |
| 1:01.5 | because it wasn't on audio books on Audible. |
| 1:04.5 | Recently, I just saw it pop up there within the last month. |
| 1:08.5 | So, Stig and I took a look at it and we said, |
| 1:10.5 | hey, it's finally available. |
| 1:12.5 | Let's go ahead and do this. |
| 1:13.5 | So, Stig, I'm assuming you enjoyed this one. |
| 1:15.5 | This was a very good read, right? |
| 1:17.5 | Oh, yeah. |
| 1:18.5 | I thoroughly enjoyed it. |
| 1:19.5 | Especially in these days and times where everything is about |
| 1:22.5 | high tech and AI, blockchain and what's not. |
| 1:25.5 | It was just nice to read like an old-fashioned book about how |
| 1:29.5 | to become the richest man in American in retail being |
| 1:33.5 | a merchant. |
| 1:34.5 | It was not to lie about that. |
| 1:35.5 | So, I think we really needed this book, Preston. |
| 1:38.5 | You know, I had heard that Jeff Bezos had read this book |
... |
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