full

full
Published on:

11th Jan 2022

Sam Walton:Made in America by Sam Walton, John Huey

In 1990, to the shock of even its founder Sam Walton, Walmart’s profits reached $1 billion for the very first time, representing a colossal leap in profits from the $41 million the company made ten years ago.

Wall Street investors were equally shocked, as they continually derided Walmart ever since its listing on the stock market. Even with the company growing so fast, they still claimed that Walmart would never be able to keep going with such a business model after it reached $1 billion in sales. When Walmart reported annual profits of one billion dollars, they started to say that everything would fall apart at ten billion dollars because you just couldn't manage a company that big with so few down-home management philosophies.

As you can see, the supposed Wall Street experts embarrassed themselves time and time again. Under Walton's leadership, Walmart became the world's largest retailer by 1990. Many statistics prove its massive scale of influence. At one point, every week Walmart welcomed almost forty million customers into its stores. 135 million men's underwear, 136 million women's underwear and 280 million pairs of socks were sold in a single year. A mere quarter of the fishing lines sold by Walmart in the United States are 600 thousand miles long and can circle the earth 24 times.

Show artwork for Bookey App 30 mins Book Summaries Knowledge Notes and More

About the Podcast

Bookey App 30 mins Book Summaries Knowledge Notes and More
Unlock big ideas from bestsellers in 30 mins audio, text, and mind map.
●Bookey: Empower Your Mind Anywhere, Anytime. Download and check out more features with the Bookey App.

●Bookey app download link: https://share.bookey.app/iCJo9F8sJ5

●Why Use Bookey?
“So many books, so little time!” Well, no wordy books here, only 30 mins audible book summaries. Unlock the big ideas from world bestseller that cover Self Help, Biography, Leadership Development, Art, Business, Stories and more ebooks. Each title is complemented with a mind map that highlights the essence of the book, allowing users to grasp the gist of the book at a glance. We are committed to offering a fresh way of learning, and to promoting a universal access to knowledge.


●How Does Bookey Make Your Life Easier?
Audio versions for hands-free learning
Mind map for each book
Download mode for learning without Wi-Fi
12 categories to cover all non-fiction field
Books recommended by Bill Gates, New York Times and more
No extra time needed only 30 mins for summaries
Non-stressed notification system to disturb you.

●What Do Readers Love About Bookey?
“This app really got me reading more every night before going to bed. I like the variety of books and mind map!” — Alan

"A fantastic way to open up your mind to new authors who you wouldn’t have tried otherwise. It is just the right thing for my busy lifestyle " — Henry

“This app is amazingly easy to me because I can't really read when working or drive; however I can listen all day long at night. Specially Bookey help me improve my performance at work.” — Ashley


●To suggest an idea about how to make your listen and education with Bookey better, please send an email to support@bookey.app