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The first chapter from small boss to billionaire (7)
Following sam walton's philosophy, Wal-Mart has opened more and more chain stores. 1980, Sam's assets reached $6.4 billion.
Sam worked hard all his life. When he was over 60 years old, he still started to work at 4: 30 every morning until evening, and occasionally went to a distribution center at 4: 00 a.m. to have breakfast and coffee with the staff. He often flies his own plane from one branch to another, and spends at least four days a week on such visits, sometimes even six days. Before the manager has a meeting on weekend morning, he usually goes to the office at three o'clock to prepare relevant documents. In 1970s, Sam maintained the operation management of visiting each branch at least twice a year. He is familiar with the managers and many employees of these branches.
Although Sam has become a billionaire, his frugal habits have not changed at all. He has never bought a mansion. He has always lived in Bentonville and often drives his old van in and out of town. Everyone in town knows that Sam is a stingy old man. He only spends $5 for a haircut, which is the lowest price in the local barber shop. However, this "cheapskate" has donated hundreds of millions of dollars to five American universities and set up a number of scholarships nationwide. Sam died in 1992, with the root. ...