The Poor Farmer Who Created Walmart

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  • čas přidán 17. 05. 2024
  • 572 billion Dollars.
    That’s the total revenue Walmart generated in 2021. With over 2 million people working for the company, it is the largest employer in the World and the biggest retailer in terms of sales. But building such an empire was no easy feat. It all started with a poor farmer, who after being told he had no career in the retail business, decided to open his own store.
    Chapters:
    00:00 - 00:55 Prologue
    00:56 - 03:54 Humble Beginnings
    03:55 - 06:46 The Ben Franklin Store
    06:47 - 09:50 Starting all Over
    09:51 - 12:18 The Birth of Walmart
    12:19 - 15:11 Taking Over the Industry
    ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
    ↘️ If you’re interested in what I use for my videos.
    🟢Where I get my music:
    Artlist artlist.io/Jose-698017
    Epidemic Sound share.epidemicsound.com/j1il8k

Komentáře • 1,3K

  • @jessesarmiento2675
    @jessesarmiento2675 Před rokem +723

    If Sam was alive today he would be appalled at the way the associates are treated by his company. He flew his own plane and visited stores wearing jeans and a baseball cap.
    He was an incredible human being but Walmart today is operated by individuals who couldn't care less about their employees.

    • @paulbrungardt9823
      @paulbrungardt9823 Před rokem +73

      I was once an optometrist at a Walmart . Despite being a violation of law, store managers felt entitled to interfere with doctor's practice. Walmart does not pay well, so store managers are uneducated and tend to be bullies. Walmart fires people at whim.

    • @jessesarmiento2675
      @jessesarmiento2675 Před rokem +30

      @@paulbrungardt9823 I agree with you 💯. They also interfere with pharmacy staff. These people don't realize that you have been licensed by DPR besides the education you have completed. What an insult. I just can't understand how they get away with it.

    • @jeffalan6339
      @jeffalan6339 Před rokem +29

      Those who have never worked at Walmart will never understand, o ly argue and disbelieve.
      I say take the Walmart challenge see how long you last.
      At the store I worked at has the highest turn over in the state, from managers to associates.
      Some last a day,one during orientation was shown her department, she never came back.
      Few other u til the granted meal break.
      If the store had enough help.
      You had to ask permission to go on break, take lunch break, use the restroom, the front end manager found out you left with Noone to cover tour absence. Was severely disciplined.
      I enjoyed being called into the office, was called in once a week.
      I won everytime.
      The denied restroom privileges and lunch, I called OSHA reported the infractions.
      Next day a meet with several managers including the store manager, I pleaded my case I never had to call to have my absence covered.
      Front end manager was none to kind if she saw you stand in the bathroom doorway and state I have no one to cover you got to go back.
      I stood up to her as well after enough times she left me alone.
      Not all Walmart run this way mine was.

    • @Marcus_-sy9fi
      @Marcus_-sy9fi Před rokem +11

      Then don't work there

    • @jessesarmiento2675
      @jessesarmiento2675 Před rokem +2

      @@Marcus_-sy9fi why? You work there?

  • @monkeymoo87
    @monkeymoo87 Před 7 měsíci +104

    Amazing story and cool to see Mr. Walton actually cared about his customers

    • @user-ns8mi9dd7t
      @user-ns8mi9dd7t Před 5 měsíci +2

      😂😂😂😂😂😂😂 Fantazy

    • @hotbello0071
      @hotbello0071 Před 4 měsíci

      Unfortunately, the Greedy people that took over let walmatt go to garbage! They take ALL they money after the family takes their cut

  • @ranu802
    @ranu802 Před rokem +75

    I wish everyone was as thoughtful as Sam Walton. Rest in peace, Sir you have helped countless people in the world.

    • @lancasterritzyescargotdine2602
      @lancasterritzyescargotdine2602 Před 3 měsíci

      @@hotbello0071 That goes for every corner of America's Most Despised Retailer. Cheat, screw, lie, scheme, mislead, scam, manipulate, hoodwink, double-talk... If it's illegal, Walmart's up past their eyebrows in some kind of deviant fraud.
      Lie Number One: "Always Lower Prices...Always".

  • @patriot9455
    @patriot9455 Před 7 měsíci +23

    My mother worked for Wal-Mart when Sam was in charge. He knew there were a lot of M&P businesses just barely there, with no future in the long view. He sent small teams into towns where there was going to be a new store. They would go around to the small businesses in the 2 or 3 months before Wal-Mart opened and explain that they needed to change the way they operated in the Wal-Mart world. Walmart is a discount retailer with a massive supplier base. They typically do not go beyond what will turn fairly quickly. She went into bicycle shops and explained their 100.00 bikes were going to be 75.00 bikes in short order, but Wal-Mart was not going to get very much above that line, so, they could move to a higher line of bikes, like a 200.00 bike, and WM would not be in that market. One bike seller took them at their word, and dropped the 100.00 bike, when Wal-Mart opened, but offered to assemble a Wal-Mart bike in their shop for 5.00. They sold lights, horns, fancy addons, and the kids knew they had a layaway plan for 2, 3, and 400.00 bikes. When the basic bikes were no longer good enough, they knew where to go. The bike shop flourished, the guys at Wal-Mart referred parents to the shop when they needed repair. That particular shop outgrew their little shop and added expensive bikes to their line. Walmart still sells basic bikes, that shop still assembles them and they have a 5.00 assembly fee, BUT, if the family buys stuff for the bike, they can use the 5.00 as a gift coupon on the purchase. That bike shop is still in business, but he stocks 500.00 and up bikes along with his 200.00 ones now. Not everyone did this, and fought them on their own turf, they all failed who did not change some of their ways.

    • @mikemaresh2417
      @mikemaresh2417 Před 5 dny

      Wow, what a story. Very smart by Walmart to explain that to the local M&P. Pretty much saying “Don’t directly compete with us but we will create the demand at the low ticket and you can survive serving higher priced items to the demand we generate.”

    • @patriot9455
      @patriot9455 Před 4 dny +1

      @@mikemaresh2417 surprisingly, more than a few independent shops stopped selling bottom line cheap bikes, as an example. Making better quality bicycles and scooters for the people who wanted something better. I bought a middle level bike years back, better than what the "Big W" had.

  • @jenniferrapacon2944
    @jenniferrapacon2944 Před rokem +642

    He would be heartbroken at what it’s become.

    • @nolaeast7412
      @nolaeast7412 Před rokem +68

      his kids messed everything up

    • @LF12468
      @LF12468 Před rokem +105

      It's funny how you people like to talk trash about Walmart and still shop there.

    • @jenniferrapacon2944
      @jenniferrapacon2944 Před rokem +54

      @@LF12468 how do you know where I shop? There are other grocery stores.

    • @AccentBwoy
      @AccentBwoy Před rokem +15

      What walmart become now?

    • @AccentBwoy
      @AccentBwoy Před rokem +14

      @@nolaeast7412 how they mess it up.

  • @playtoearngaming4858
    @playtoearngaming4858 Před rokem +73

    I used to be an assistant manager at Walmart and Sam's Club. The company has absolutely no idea what is going on or how to treat their employees. All these store managers are horrible and the greed is unreal in these places. Employees are treated like garbage and favoritism runs rampant across all stores. It's truly unreal how horrible it's become from it's origin.

    • @lugardorobles5407
      @lugardorobles5407 Před rokem

      true true

    • @brentduncan18
      @brentduncan18 Před rokem +6

      Sounds like a pissed off ex-employee to me. Start your own company and create the utopia like atmosphere you wish for

    • @matthewjahnke6956
      @matthewjahnke6956 Před 9 měsíci +3

      I should know. I worked for them. And, got fired from the store! I probably should've filed suit, but would've probably won, because they were Wal-Mart!

    • @mrshaynes1036
      @mrshaynes1036 Před 7 měsíci +2

      Everyone has their opinions.
      I worked for Walmart from 1997-2017… Retired and I had a great career with Walmart
      The company was good to me and I worked in 5 different stores and we took care of our associates

    • @lorohasquarepants7386
      @lorohasquarepants7386 Před 6 měsíci

      ​@@brentduncan18​ while you sound like a greedy dirtbag manager/ admin. They're sharing their experience so back off.

  • @mubarakhayath
    @mubarakhayath Před rokem +151

    The production quality of your videos are simply next level.
    Thank you for these wonderful stories!

  • @rc1983
    @rc1983 Před rokem +59

    Very impressive man! I always shop at Walmart because of the low prices. Thank you Sam for your smart business ideas, you'll always be remembered.

    • @matthewjahnke6956
      @matthewjahnke6956 Před 9 měsíci +3

      Maybe the low prices. But, the management were and are garbage! They had no idea how to treat employees!

    • @hotbello0071
      @hotbello0071 Před 4 měsíci +2

      ​@@matthewjahnke6956couldn't agree more! Store I work in has the highest turn around and termination rate! Management is garbage

  • @scottcarter3392
    @scottcarter3392 Před rokem +85

    In 1976 my father became city manager of Bella Vista Arkansas so our family moved from Mesquite Texas. I finish the next two-and-a-half years at Bentonville High School where I graduated. Got to know Sam at his local store at town and different functions he was a country Farmer at heart. Was kind and sack your groceries. His stores would carry made in the USA merchandise. Only wish I had bought stock in Walmart LOL. But move back to Texas after I graduated high school.

    • @BigCompanyYT
      @BigCompanyYT  Před rokem +10

      Very Interesting, small world right?

    • @bunny.4615
      @bunny.4615 Před rokem +2

      @@BigCompanyYT this channel is going to be big please keep video as contiues

    • @rondodson5736
      @rondodson5736 Před rokem +6

      Most people did not know Sam had a son who served in MACV/SOG in Vietnam. He was awarded a silver star during his time in Vietnam, came home and started his own business. Sadly he was killed in a plane crash when he was in his 50's.

    • @snuglife4595
      @snuglife4595 Před rokem +5

      @@BigCompanyYT excellent content and great editing. You popped up in my feed and I watched every video in a row👍. Keep it up and you’ll be a successful CZcamsr in no time😊

    • @SledgerFromTDS.
      @SledgerFromTDS. Před rokem

      @@bunny.4615 Now I like Walmart for "Innovative Retail Store because of My own Impressions" !

  • @poshtraditions
    @poshtraditions Před rokem +56

    he's epic for showing how people get angry when the future changes and they don't change with it

  • @cdl9239
    @cdl9239 Před rokem +67

    Imma former Walmart driver when he was running it he treated us like Kings mad respect to old man sam Walmart 👍

    • @davisholman8149
      @davisholman8149 Před rokem +9

      He used to do everything he could to stock MADE IN AMERICA.🇺🇸 It is sad how China has taken over the great majority of our manufacturing. His family has become everything old man Sam Walton hated. All about profit - & not for you the employee, or customer. The stock holders & his greedy posterity.🤑Sad.

    • @KL-xj5vz
      @KL-xj5vz Před rokem

      @@davisholman8149 - Seen that happen to a 100 companies, once the bean counters get hold of control. All they want to do is maximize profit to a point where people are not happy with they are offering. Sam's clubs is already losing out to Costco and Amazon has taken a chunk out of them too. A lot of companies run by accountants eventually die out and it wouldn't surprise me if WalMart ends up that way in 20 years either.

    • @LF12468
      @LF12468 Před rokem +1

      Walmart drivers now make close to 6 figures or more. That sounds like they still treat the drivers pretty good. Wth are you people on about?

    • @cdl9239
      @cdl9239 Před rokem

      @@LF12468 just cause they pay you well doesn't mean they have to be nice about I can make you a steak 🥩 and serve it you on a garbage lid would you?

    • @ajplays7241
      @ajplays7241 Před rokem +1

      @@LF12468 ok its not about money its about respect for the individual THE TOP RUle of Sams .

  • @magalover2024
    @magalover2024 Před rokem +30

    Absolutely love his story . I remember as a kid we had Kmart. As soon as Walmart moved next door Kmart disappeared. Then Target competed and moved next door. Both still exist.

    • @naomiwarms5039
      @naomiwarms5039 Před 5 měsíci +2

      We have Kmart, I'm in a Australia, we don't have a Walmart.

    • @hotbello0071
      @hotbello0071 Před 4 měsíci +3

      Been with WM almost 4 years. Lets just say our Xmas party was a joke and the store is literally a revolving door of employees! There is no management team or oversight, "Coaches and Leads" run the store with absolutely NO support. The stress is high due to the foot traffic and the needy customers. Everything in the store is OLD and OUTDATED!!! The competition looks and smells delicious......SO much to offer....Walmart is more...Processed and BIO engineered food. I could GO ON LMAO......they pay well, about it! Sam Walton would NOT be happy . $2T in sales in 5 years and we dont even have AC in our building...its broke!

    • @lancasterritzyescargotdine2602
      @lancasterritzyescargotdine2602 Před 3 měsíci

      @@naomiwarms5039 Consider yourselves lucky! Kmart was always a better operation. In the US Walmart killed Kmart and Sears and thousands of others without remorse. When people got used to low prices, Walmart raised them to levels higher than the competition, which is where they remain today.

    • @patriot9455
      @patriot9455 Před 4 dny

      They had the management team Kmart needed.

    • @lancasterritzyescargotdine2602
      @lancasterritzyescargotdine2602 Před 4 dny

      @@patriot9455 Of all the sleazy, greedy, crooked Big Box chains - from Sears to Walmart - that have come and gone, only Kmart ran an honest shop.

  • @barbaraanneneale3674
    @barbaraanneneale3674 Před 5 měsíci +3

    I worked from Walmart for 22 years. My retirement plan is Exceptional. But Sam was a b******. He treated his employees Poorly. But those in charge today make him look like a saint.

  • @buellfan8854
    @buellfan8854 Před rokem +16

    I watched this video to see if my dad's hometown was mentioned. He grew up in Newport Arkansas. He told me that Sam tried to open up what turned into Wal Mart in Newport but wasn't allowed so swore to build the interstate around the town so the town would never thrive. Today that is the case, Newport is still a tiny town basically in the middle of the nowhere.

  • @richardtomlinson3144
    @richardtomlinson3144 Před rokem +43

    It is good to see how people can beat the odds to achieve success. These reports are truly motivating.

    • @courtney.cmutamia7863
      @courtney.cmutamia7863 Před rokem

      Hey Richard, I’m sorry for breaking into your privacy but I hope we could get to be friends since we both love soccer and I’m hoping to hear from you back 😍

    • @ModernWorld.
      @ModernWorld. Před rokem +3

      Wish I had a 20k loan.. I could build wealth too

  • @shaylagoogle3097
    @shaylagoogle3097 Před rokem +63

    Some ppl were born to make things better! Sam did a Great job despite the challenges he faced! Great leaders take risks and push their dreams forward.

    • @SledgerFromTDS.
      @SledgerFromTDS. Před rokem

      Actually I want to Share to you about Something.

    • @vivopurehu4639
      @vivopurehu4639 Před rokem

      Nice

    • @lashurediscussion4970
      @lashurediscussion4970 Před rokem

      In my opinion everyone has the ability to exceed in life but don’t have the drive to do so. Sam choose to push more despite his obstacles & folks not believing in his dream. He believed in his dream & did what he felt was needed to accomplish those dream . Great story.

    • @ricechido1089
      @ricechido1089 Před 9 měsíci

      Dude you do know unlike most sams dad had money thus why he can risk it

  • @Joy-TheLazyCatLady
    @Joy-TheLazyCatLady Před rokem +54

    My mother briefly dated Sam Walton way back when. I have heard good things about him. From what I have heard he would be very disappointed in what Walmart has become. But I think when you grow up with everything being easily accessible and having the money to do pretty much anything you want you are disconnected from the rest of the population. If you have never experienced being less fortunate, you will never truly be able to imagine it or understand what it's really like. Unfortunately, people down here in the mid to low income brackets are held hostage by Walmart because it's hard to beat their prices. 🤷🏻‍♀️

    • @rameshsingh2480
      @rameshsingh2480 Před rokem +1

      agree with you.

    • @georgia-outside825
      @georgia-outside825 Před rokem +4

      I personally can’t afford to shop at Wal-Mart. Larger grocery store chains offer discounts with reward cards that lower costs below that of Wal-mart. Our government taxing medical needs and the food we need to nourish our bodies is a hostage situation.

    • @Joy-TheLazyCatLady
      @Joy-TheLazyCatLady Před rokem

      @@georgia-outside825 I do shop sales from other stores. Anything to save money. There are a certain things that I can only find at Walmart. We do what we have to to get by. Every store has slightly different selections on top of the sales and coupons.

    • @mirandalynn83
      @mirandalynn83 Před rokem +2

      Sam Walton is my dad's great great uncle and his brother bud is my dad's grandfather. He'd be very disappointed how Walmart has turned out.

    • @mirandalynn83
      @mirandalynn83 Před rokem

      Sam Walton is my dad's great great uncle and his brother bud is my dad's grandfather. He'd be very disappointed how Walmart has turned out.

  • @SwiftFutbol
    @SwiftFutbol Před rokem +44

    What a legend, he created Walmart and Sam's Club 2 amazing stores to shop at with low prices!

  • @TrentonCS
    @TrentonCS Před 2 lety +9

    Biggest fan… here before even 100 subscribers… GIVE IT 1 YEAR of consistent uploads and you’ll be at atleast 100k subscribers, mark my words.

  • @stripervince1
    @stripervince1 Před rokem +24

    I met him once when Walmart opened its then largest store to date in palmdale calif in 1991. He was handing out Walmart hats at the front lobby

  • @Driven-Productions
    @Driven-Productions Před rokem +8

    Solid content my man. Watched your Rolex one and this

  • @speed4brainz
    @speed4brainz Před rokem

    Awesome video again man. All caught up now. Top quality here 👌

  • @mnight207
    @mnight207 Před rokem +1

    This channel I just found literally 2o mins ago...I just watched the Ford video. Has already become a favorite

  • @henryjewell3900
    @henryjewell3900 Před 7 měsíci +12

    Sam Walton was no poor farmer. He joined the military in WW2. His brother Bud was a WW2 veteran too. They both tried different businesses until they went to work for J.C. Penney. Thats where they learned retailing. Sams boss showed him a bonus check for $18,000 dollars. Sams wife was from a rich family of landowners , lawyers and judges. Sams brother Bud bailed him out of financial trouble to help him.

    • @kittkatt8180
      @kittkatt8180 Před 7 měsíci +2

      Thank you for that accurate information

  • @nickreyes4570
    @nickreyes4570 Před rokem +74

    Walmart went down badly when Sam passed away because he always wanted USA goods in his stores.

    • @davedave2882
      @davedave2882 Před rokem +17

      Sam would be spinning in his grave if he only knew how greedy his kids were.

    • @martinjenkins6467
      @martinjenkins6467 Před rokem

      Sad they buy Chinese crap.
      It would have been a boom
      For America if they had kept
      Buying local with their sales.

    • @thhdhn2
      @thhdhn2 Před rokem

      Went down?

    • @davedave2882
      @davedave2882 Před rokem +6

      @@thhdhn2 yes went downhill, his kids are greedy and they treat their employees like dirt on the bottom of their shoes. And Sam Walton was about selling stuff made in the USA. I bet there's only a handful of items that are made in the USA at your local Walmart.

    • @nickreyes4570
      @nickreyes4570 Před rokem +2

      Down hill as in quality of goods they sell and the treatment of their employees

  • @pierrescherlievalcius4173

    Thank you a lot for sharing.

  • @JordanLittlejohn-jl4lj
    @JordanLittlejohn-jl4lj Před měsícem +1

    Sam Walton was a smart , intelligent and a determined man. Thanks.

  • @floridaboz1
    @floridaboz1 Před rokem +2

    I have a feeling that this channel is going to take off big.

  • @wideawaketotruth5301
    @wideawaketotruth5301 Před rokem +32

    Great job producing this video. Keep this up and in a relatively short period of time you'll have 250, 000 subscribers. If you can put together two videos each week my prediction is you'll have that quarter of a million subscribers easily within 6 months probably more like 4 maybe 3 months!

    • @Nicolas-rz7uc
      @Nicolas-rz7uc Před rokem +3

      Exactly what I thought

    • @ebukafrederick
      @ebukafrederick Před rokem

      True bro

    • @markusholstein9487
      @markusholstein9487 Před rokem

      I also love these videos. But I wonder whether the videos won't be taken down since they use clips from famous movies. That would be sad. Keep safe and keep up the great work!

  • @rhonda382
    @rhonda382 Před rokem +2

    Love the videos! 👏👏👏

  • @oldschoolguy80s
    @oldschoolguy80s Před 9 měsíci

    Great video! Thank you!👍

  • @Maddog165
    @Maddog165 Před rokem +11

    I’ve never worked directly for Walmart, but my family’s landscape company did the summer outside maintenance and winter snow removal. They continually ask for more and more to be done “outside of the scope of work”. As laid out in the contract. They expected outside contractors to go above and beyond the contract terms. (3rd party), they hire national and regional outside companies to oversee the work done outside their stores. Whenever it fit their schedule. To know surprise we didn’t get an opportunity for renewal of the contract. Great!! We’re able to make sooo much more money both summer and fall. Working for the corporate chains, you only get “x” amount of dollars for snow removal, whether you’re there 1x a year or 100x. In a heavy snow year, we were lucky to break even with both fuel, salt and equipment costs combined. Anyone who thinks working for the national store franchises will make them money… good luck. When we did get the contract for both Targhetto and Walmart the same 2-3 years, it was WAY more work than it was worth it. Always needed their manager to sign off on each snow removal completion. If you didn’t clean up where extra bread deliveries are stored outside abd transferred into from truck to store (contract did not say anything about that). But when you used their contract against them… they were furious they had to pay out more money!!

  • @pblaster7
    @pblaster7 Před rokem

    Keep the great videos coming bro

  • @Nicolas-rz7uc
    @Nicolas-rz7uc Před rokem +26

    The quality of production is impressive for such a new channel! You'll get to 200k followers in no time. Great content.

    • @freedombro6502
      @freedombro6502 Před rokem +2

      This is how socalists will be defeated

    • @rameshsingh2480
      @rameshsingh2480 Před rokem

      very knowledgeable and very inspiring video about the rise of Sam Walton.

  • @creativethinker6691
    @creativethinker6691 Před rokem +6

    Walmart has so much money they could give everyone 18 and older 1200.00 and still have 200 billion dollars left. Let that sink in

  • @abdiduale1531
    @abdiduale1531 Před rokem +1

    What a marvelous American success story

  • @bestseocompanyforsmallbusiness

    so informative and guide line for us...... THANKS

  • @natasat.8336
    @natasat.8336 Před rokem +2

    Thank you very much! Concise and to the point! Really looking forward to more videos like these!!!

  • @jsscentedcandles1715
    @jsscentedcandles1715 Před rokem +31

    I had the chance to meet him and he was truly a nice guy I hate that the family didn't keep his company.

  • @Rebecca-zr3lu
    @Rebecca-zr3lu Před 7 měsíci +1

    Blessings. Thankful for Walmart.

    • @Rebecca-zr3lu
      @Rebecca-zr3lu Před 7 měsíci +1

      Will you believe and receive Jesus Christ as your Lord and personal savior??? ❤❤❤

    • @Rebecca-zr3lu
      @Rebecca-zr3lu Před 7 měsíci +1

      Sow seeds of righteousness. Sow in love 🥰

    • @Rebecca-zr3lu
      @Rebecca-zr3lu Před 7 měsíci +1

      The poor we will always have with us. But God said, we don’t have to stay that way. Amen to that 💕✏️👏👏👏🙌🙌🙌 Hallelujah!!! ❤❤❤

  • @AvuzwaKeei
    @AvuzwaKeei Před rokem +1

    It's 1am in the morning, I should be sleeping but am watching success stories of Honda, KFC and now am here. Mind you I have to wake up at 6am💁🏽‍♀️ probably will jump to the next one after....wish me luck

  • @the.flat.six.
    @the.flat.six. Před rokem +26

    When Walmart was born and all the small business died.

    • @LF12468
      @LF12468 Před rokem

      Good riddance too! Ole " Ma & Pa" were price gouging crooks.

  • @limsiewthoe4227
    @limsiewthoe4227 Před rokem +2

    Awesome. He has developed a very important skill. "An Eye for opportunity"

  • @lukelim4025
    @lukelim4025 Před rokem +1

    keep up the good work, very nice story telling

  • @ericnqobilengwenya9460
    @ericnqobilengwenya9460 Před 9 měsíci +1

    What i learnt from successful is that nobody is useless everybody can excel in his strength

  • @ZinaKobi
    @ZinaKobi Před rokem +10

    I work at a retail supermarket in Papua New Guinea ,this was very motivating and inspiring 👏👏

    • @SledgerFromTDS.
      @SledgerFromTDS. Před rokem

      Brilliant to Hear what you said, But I need to Chat to you of Something

  • @achyutmishra3006
    @achyutmishra3006 Před rokem +4

    Bring more content like this.... Really like the way you present the stories of these great entrepreneurs 😍👌🏻👌🏻

  • @red-on8400
    @red-on8400 Před rokem +1

    amazing videos you will be famous for sure one day

  • @DjibiMamadouThiam
    @DjibiMamadouThiam Před 9 měsíci

    Thanks for this wonderful video

  • @mariastellamelendez8670
    @mariastellamelendez8670 Před rokem +15

    Thank you for producing this quick documentary on Walmart. I happen to love Walmart. You can get you oil changed in your car and shop for groceries and housewares. I love the quality and convenience. Sam Walton made his employees happy and his community. Today if your an RV'er you can stay in a Walmart parking lot while your on your road trip. That is hospitallity.

    • @chillwill5080
      @chillwill5080 Před rokem +2

      Right, so many people love to complain, but they never do anything to give an alternative.

    • @ThisNamesNowTaken
      @ThisNamesNowTaken Před rokem

      I wouldn’t take my car to them. Their service teams are made up by anyone they hire. While i worked there in the grocery end of the store I was eligible to move over to change your oil and I did apply. How much knowledge and automotive education do i have? I Google search, ask folks on forums and download service factory manuals for my cars to try and do some of my own work. Basically, I wing it. While i worked for that company one of their automotive service manager moved over to manage us at grocery. Her experience, zero. She came up to us on her first day and said she was going to watch us work to learn. The person who took her place in the service center came from the homes area. They shuffle their managers 2-3 times a year, drop any managers they dont care for to promote people that sleep around with managers and management cronies. More often than not workers know more than management because as workers managers spent their time in gossip and hooking up, so they stand by the “fake it till you make it” motto. Except, the Walmart version means lie your ass off and stick to it (fake it) until you frustrate workers and customers into believing or dropping it (till you make it).

    • @chillwill5080
      @chillwill5080 Před rokem +1

      @@ThisNamesNowTaken Sounds like literally any other workplace with the hooking up. You think people changing oil at a dealership are ASE certified? LOL.. no.

  • @seriouslyyoujest1771
    @seriouslyyoujest1771 Před rokem +4

    John Walton lived a mile from me in National City, Ca. a suburb about 5 miles south of the city. A wonderful area, but not a wealthy La Jolla. I remember in the San Diego Union an interviewer asked John, “ why do you live in National City?” John replied, “ I like National City, it’s alright”. He died in a plane crash later, and they turned that house into a School for Social needs children.

  • @cyclinglifetj
    @cyclinglifetj Před rokem +2

    Wow amazing, nice video

  • @elizabethhephzibahmills1589

    Big King thank you so much. I watched the Waltons in Texas on tv

  • @AlohaBlockchain
    @AlohaBlockchain Před rokem +25

    It is wonderful how much his family gives to the community of Bentonville, Arkansas.

    • @jeffatturbofish
      @jeffatturbofish Před rokem +5

      Not just Bentonville but the whole NW Arkansas area. I live a few blocks from the location of the first Walmart

  • @Essential_technologies
    @Essential_technologies Před rokem +3

    Wait hold on u only have 3k subs ? The channel should have 3 million!

  • @savielhell33
    @savielhell33 Před 2 lety +8

    Hey not sure if the comments keep getting deleted or im going crazy, but Im a big fan of your work! loving the high quality

  • @adventurehead1
    @adventurehead1 Před rokem

    Low costs meaning "less is more" a perfect strategy 🌞

  • @jesuslovesyou1
    @jesuslovesyou1 Před rokem +1

    Hey man
    Just want to let you know that this chann will definitely explode

  • @mikegonzales3286
    @mikegonzales3286 Před rokem +4

    Starting Walmart was a game changer. Good documentary. ⭐️⭐️⭐️⭐️⭐️

  • @nassermj7671
    @nassermj7671 Před rokem +11

    His bottom line: Give a good value with minimum profit but to a bulk of clients.

  • @tattdaddy2535
    @tattdaddy2535 Před rokem +1

    What a legend

  • @ethandowie3907
    @ethandowie3907 Před rokem

    Phenomenal breakdown. Love your videos. New subscriber but can’t wait to check out your other vids

  • @revan6614
    @revan6614 Před rokem +8

    This was great, would really like to see one about IKEA and its founder. It's quite similar to this one and still a brilliant case study in business strategy.

  • @trwsandford
    @trwsandford Před rokem +43

    I'm kinda surprised that you didn't cover Sam Walton's "Made in America" bent. He would probably cry at what his creation has become in his absence... a clearing house for cheap crap made in China. ( yeah, I still shop there too)

    • @naguoning
      @naguoning Před rokem +4

      Bizarre irony, the only Walmart I have ever been to was in China but it was surprisingly local style.

    • @freedombro6502
      @freedombro6502 Před rokem +3

      @@naguoning you left china with your organs or no ?

    • @cliffordkiehl3959
      @cliffordkiehl3959 Před rokem +1

      You and still buy 'Made in America' goods. It's usually high quality and high price.

    • @scott2862
      @scott2862 Před rokem +5

      But that’s what the Walmart weirdoes want. Lots and lots of cheep broken junk to hold on to like it’s golden junk.
      Not to mention have you seen the shoppers? Yikes!

    • @garychambers5930
      @garychambers5930 Před rokem +1

      Sam always tried to buy local and American
      BUT as soon as he passed away his child didn't care about getting products locally
      Getting products the cheapest no matter where it came from was their goal

  • @sohailahmed6242
    @sohailahmed6242 Před 6 dny

    What a visionary and ambitious man .

  • @d-maxx4814
    @d-maxx4814 Před 9 měsíci +13

    I bet Sam in his mind would of never expected his stores to get self-service checkouts.

  • @alexorme4351
    @alexorme4351 Před rokem

    brill Videos Keep up the good work :P

  • @ikehemmanuel5800
    @ikehemmanuel5800 Před rokem +16

    The first step to successful investing is figuring
    out your goals and risk tolerance - either on your own or with the help of a Financial Advisor. If you can get the facts about savings and investing with a well detailed plan, you should be able to gain financial security over the years and enjoy the benefits of managing your income.

    • @eddiejohn8506
      @eddiejohn8506 Před rokem

      I think the pandemic have really taught
      people the importance of multiple streams
      of income, unfortunately having a job
      doesn't mean security.

    • @cryptocasey1083
      @cryptocasey1083 Před rokem

      Successful people don't become wealthy
      overnight. What most people see as a
      lance wealth, a great career and luxury is a
      result of smart work.

    • @alexmontrey5372
      @alexmontrey5372 Před rokem

      It's not how much money you save in the
      bank, but how much money you earn and
      how hard it works for you. Money devalue
      over time, investment is the best option as it
      grows over time

    • @mav3420
      @mav3420 Před rokem

      I think the key thing here is working with a
      professional. Yes people have devoted their
      lives to making profits in the market, but
      those of us who haven't but are interested in
      investing can simply work with them.

    • @steceymorgan814
      @steceymorgan814 Před rokem

      Alright, so you know anyone?

  • @ezeNdog
    @ezeNdog Před rokem +35

    I remember when it was "Walmart, made in the USA".... They only sold USA made products

    • @gian19791
      @gian19791 Před rokem +1

      Yes if only but because employees want more money 💰 higher wages and products will be more expensive if made in USA 🇺🇸 I guess Walmart wanted quantity not quality profit over Anything

    • @seriouslyyoujest1771
      @seriouslyyoujest1771 Před rokem +3

      The goal to Walmart was low prices for the customers. In a global economy that meant manufacturing was heading to China for the same reason. It wasn’t invented by Walmart. But passing savings to customers with less profits, but higher margins was.

  • @anitaboodram1155
    @anitaboodram1155 Před rokem

    Great man 👏

  • @sampetro7925
    @sampetro7925 Před rokem +5

    I did a lot of business with Walmart and can tell you I was treated great and the people I dealt with were fantastic. They are really a quality conscious company and strive to give their customers a good value for dollar spent.

    • @sharkwhisperer7326
      @sharkwhisperer7326 Před rokem

      On what part of the planet is this?

    • @zerxilk8169
      @zerxilk8169 Před 7 měsíci

      not where, when. k mart had better products cheaper, when they were in stock. wal-mart was always fully stocked. the workers in both were always nice. I miss the 80s can we go back?@@sharkwhisperer7326

  • @NW255
    @NW255 Před rokem +37

    it’s interesting how we’re now going back in time when employees do the shopping for you and bring it out to your car

    • @39simpleman
      @39simpleman Před rokem +8

      It’s because consumers have gotten lazy

    • @yamato126
      @yamato126 Před rokem

      Time stamp please

    • @drnstjhn
      @drnstjhn Před rokem +1

      @@39simpleman or because its more convenient? im sure you have driven a car to a distance that was walkable before. doesnt mean youre lazy. it means taking a car is more convenient. and youre saying we have gotten lazy, but the commenter says we are getting back to it, as the video says. so are we just getting back to being lazy or becoming lazy?

    • @ThisNamesNowTaken
      @ThisNamesNowTaken Před rokem +2

      @@drnstjhn back in the day they did it out of courtesy and good customer service, today is more laziness masked with the convenience excuse.

    • @drnstjhn
      @drnstjhn Před rokem

      @@ThisNamesNowTaken i agree to disagree. and this is coming from someone who has never used the curbside service

  • @trediaz4012
    @trediaz4012 Před 11 měsíci

    Very inspiring story

  • @user-dr7ty6dv2n
    @user-dr7ty6dv2n Před 9 měsíci +1

    Nice Smart and Wise Business Humble Man even had a heart and took care of his employees too, (Teamwork)
    His children will never lack need or want for anything in the
    Finance/Money Department.
    By the way,
    Walmart is my favorite Wholesale/Retail Store in the world, I'm like a TODDLER when going to Walmart.
    God Bless

  • @jeffjohnson5053
    @jeffjohnson5053 Před rokem +5

    Sachiro Honda, Pretty impressive guy. He continue to push forward to re-invent his product over and over again. Fantastic!!

  • @retrodave79
    @retrodave79 Před rokem +7

    Love the histories you tell, but I cant handle the use of modern movies footage...

  • @tracythande5015
    @tracythande5015 Před rokem +1

    continue the good work

  • @postitandwatchit1434
    @postitandwatchit1434 Před rokem

    Wow very interesting, Great story

  • @leegraves8878
    @leegraves8878 Před rokem +28

    It is funny the walmart corporate has lost site of Sam's strategy and Dollar General is swooping in to take that spot.

    • @peanutbutterisfu
      @peanutbutterisfu Před rokem +5

      General dollar has a very long way to go to even think about competing with Walmart.

    • @leegraves8878
      @leegraves8878 Před rokem +8

      @@peanutbutterisfu Yeah and in the 70's walmart had a long way to go to compete with kmart where are they now?

    • @captainamericaamerica8090
      @captainamericaamerica8090 Před rokem +1

      YOU'RE CLUELESS! 😂😂DOLLAR GENERAL WILL NEVER COME CLOSE

    • @captainamericaamerica8090
      @captainamericaamerica8090 Před rokem

      @@leegraves8878 No they didn't. They quickly took over.

    • @leegraves8878
      @leegraves8878 Před rokem +2

      @@captainamericaamerica8090 30 years is quick? Who's clueless?

  • @stoundingresults
    @stoundingresults Před rokem +5

    Sam Walton's book is a must read for entrepeneurs. He is a ruthless mover and shaker, vacations include scoping businesses.

  • @jamesjoel6609
    @jamesjoel6609 Před 8 měsíci

    Very good presentation keep it up. Get the big titans as well , Andrew Carnegie, rockerfeller, Fire Stone, etc

  • @zackrowan6241
    @zackrowan6241 Před rokem +10

    Intelligent man, but when you walk through a Walmart
    Nasty disgusting people and floors and aisles

  • @ML6103
    @ML6103 Před rokem +94

    Imagine if Sam could see the way Walmart employees are treated today. Absolutely disgusting.

    • @morganharris2413
      @morganharris2413 Před rokem +1

      How so? Genuinely curious. I’ve never worked for Walmart

    • @ML6103
      @ML6103 Před rokem +2

      @@morganharris2413 I don't think Sam would agree with the absolutely pathetic poverty wages the employees are paid now.

    • @Tex1947
      @Tex1947 Před rokem +11

      He would be more horrified to see how Walmart employees treat customers.

    • @ericwilliams9179
      @ericwilliams9179 Před rokem +9

      They agreed to work for a wage, Wal Mart agreed to pay that wage . They both are at fault.

    • @TaylorHandsome490
      @TaylorHandsome490 Před rokem

      Hello dear. How are you!

  • @vastount1
    @vastount1 Před rokem +1

    LEGEND!

  • @charlescamilus2543
    @charlescamilus2543 Před rokem

    Wonderful stories

  • @misssophie7717
    @misssophie7717 Před 7 měsíci

    Just found your channel and love it! Don’t stop making these great videos - do some shorts to increase your subscribers!

  • @priscillaphyu5186
    @priscillaphyu5186 Před rokem +3

    Very hardworking and never give up
    . I respect Sam

  • @eduardopalacio3942
    @eduardopalacio3942 Před rokem +9

    I love the fact he was a vet and continued improving, it shows we must love our country, never give up,AMERICAN WAY !!!

  • @raoulk.ngindu6679
    @raoulk.ngindu6679 Před 7 měsíci +1

    Very inspiring Big Comp.💪

  • @Arelle
    @Arelle Před rokem

    How amazing! my daughter was AMAZED!

  • @maxnorton1209
    @maxnorton1209 Před rokem +20

    It seems like Sam had a good reputation personally; his family, his heirs, definitely took the Walton (and Walmart) reputation in the opposite direction.

  • @FairBeautyEssentials
    @FairBeautyEssentials Před rokem +7

    Also, you should mention how they stop having Walmart in plazas and Walmart started building their own freestanding buildings. So anytime we see/hear about Walmarts closing pay attention. It’s mostly the ones closing inside of plazas because they bought the ground and start building their own facility and don’t have to pay any Plaza owner rent anymore

    • @alfsleftnut9224
      @alfsleftnut9224 Před rokem +2

      yeah, thats what happened to my walmart. Used to be in a strip mall, closed it and opened their own building

    • @FairBeautyEssentials
      @FairBeautyEssentials Před rokem +2

      @@alfsleftnut9224 same thing with lots of Starbucks. Starbucks come out of these plazas and they build their own freestanding location, Starbucks have a drive-through.

  • @briantibbs6592
    @briantibbs6592 Před rokem

    I love your channel. Please do more videos

  • @Hollowdude15
    @Hollowdude15 Před 10 měsíci +1

    Not gonna lie walmart is the best retailer corporation ever and great video man :]

  • @Leo-ws1id
    @Leo-ws1id Před rokem +4

    I luv Walmart ❤

  • @SCORP1ONF1RE
    @SCORP1ONF1RE Před rokem +11

    He absolutely was a genius!

  • @jerrykeenan1848
    @jerrykeenan1848 Před rokem +1

    Thanks

  • @Aleon7291
    @Aleon7291 Před rokem

    Thank you 😊😎👍

  • @ahotdj07
    @ahotdj07 Před rokem +3

    Is there any actual footage that relates to the tagline of this video? All the clips seems to be of Hollywood movies.

  • @zebbarnette06
    @zebbarnette06 Před rokem +6

    My grandmother was a Walmart employee back in the early 2000s till about 2010 witch was also around the time Walmart started to care more about money than employees she sadly passed away on May 24-2021 at the age of 78 and I still remember being little and she would push me around in the buggy at Walmart all the time after seeing this video I feel I guess you could say some type of pride knowing that my grandma worked at a store that was started by one of the smartest people on earth my grandma also was a person who believed that customers should get things at lower prices and not have to spend all their hard work on simple household items I honestly fell sad seeing as what Walmart has become now just screwing people out of money like almost every other business and hope that one day the people will get themselves together and go back to doing things the right way