I probably have traveled and walked into more variety stores than anybody in America. I am just trying to get ideas, any kind of ideas that will help our company. Most of us don't invent ideas. We take the best ideas from someone else.
Interpretation
Success often comes from observing and adapting existing ideas rather than solely creating new ones.
This quote emphasizes the importance of learning from others and gathering inspiration from various sources rather than relying solely on one's own creativity. Sam Walton acknowledges that many successful ideas are often adaptations of existing concepts, suggesting that observing the world around us can lead to innovative new approaches in business and beyond.
In practice
In a business seminar when discussing creativity and innovation.
Celebrate your success and find humor in your failures. Don't take yourself so seriously. Loosen up and everyone around you will loosen up. Have fun and always show enthusiasm. When all else fails, put on a costume and sing a silly song.
All that hullabaloo about somebody's net worth is just stupid, and it's made my life a lot more complex and difficult.
Share your profits with all your associates, and treat them as partners. In turn, they will treat you as a partner, and together you will all perform beyond your wildest expectations.
Great ideas come from everywhere if you just listen and look for them. You never know who's going to have a great idea.
I got into retailing because I wanted a real job.
The key to success is to get out into the store and listen to what the associates have to say.
If you do good work for good clients, it will lead to other good work for other good clients. If you do bad work for bad clients, it will lead to other bad work for other bad clients.
We need the whole squad, every player of the team, if we are to be successful.
i won't be happy until i'm famous like God
The key to investing is not assessing how much an industry is going to affect society, or how much it will grow, but rather determining the competitive advantage of any given company and, above all, the durability of that advantage.
You must value the business in order to value the stock.
As big as my ego may be, I'm really not of the belief that I can't be replaced. I didn't invent the wheel. There's someone else out there who can do what I do, maybe a little differently. I believe that Kiss is bigger than its individual members.
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