Capital isn't scarce; vision is.

Capital isn't scarce; vision is.

We're all working together; that's the secret.

I learned a lesson which has stuck with me all through the years: you can learn from everybody. I didn't just learn from reading every retail publication I could get my hands on, I probably learned the most from studying what John Dunham was doing across the street

Swim upstream. Go the other way. Ignore the conventional wisdom. If everybody else is doing it one way, there's a good chance you can find your niche by going in exactly the opposite direction. But be prepared for a lot of folks to wave you down and tell you you're headed the wrong way. I guess in all my years, what I heard more often than anything was: a town of less than 50,000 population cannot support a discount store for very long.

Each Wal-Mart store should reflect the values of its customers and support the vision they hold for their community.

Money and ownership alone aren't enough. Set high goals, encourage competition, and then keep score.