Sam Walton, the founder of Wal-Mart, had to deal with sharp and painful criticism throughout his life. In his 30s and 40s, he had to make peace with his wife’s profound disappointment after the failure of his Benjamin Franklin five-and-dime stores (Walton signed one-year leases, and the landlord tripled the rent and kicked Walton out and replaced it with his own five-and-dome after Walton established himself).
When the Wal-Mart stores were rolling across farm towns in the South, he was regarded as a naïve hillbilly for driving around in his pick-up truck with the dream of beating the colossal Sears.
And, once Wal-Mart became big enough that Walton proved the concept, the business critics turned to criticizing Walton for running a business that was too big to grow.
For a billionaire, Walton’s life story contained many of the hassles that hit the working man.
My favorite concept from Walton’s biography … Read the rest of this article!