Swim upstream. Go the other way.
With Wal-Mart (WMT) being such a large company, it can sometimes seem that it wasn't that hard for it to reach the level it's reached in such a relatively short time.
Another thought is that it's somewhat conventional and isn't that innovative. That would be a complete misunderstanding of Wal-Mart and Sam Walton.
Like is quoted from Walton above: You've got to be willing to swim against the current.
While Wal-Mart might sell consumer goods - an old type of business - the way they've arrived at where they are today was anything but conventional.
At the time Walton conceived of the idea of selling products at low prices, it was leading edge as by far the majority of retail companies didn't even think of that as an option. Others were just starting to look at doing it at the time Walton was.
The way they developed their distribution system was leading edge, and there is still nobody that can move and transfer like Wal-Mart can.
Here's the whole thing about this: swim upstream with your ideas, and from their you'll have to develop other creative ideas to swim upstream with it. The one begets the other. If you try to use old ideas with new initiatives they basically will cancel each other out and be worthless.
When Walton committed to swim upstream with his business, he knew that a whole new way of doing things would have to come with it. He more than met the creative challenge as is shown in the results today.
Other Walton Sources:
The Most Underrated CEO Ever The legendary Sam Walton
Sam Walton: The Power of Persistence
Sam Walton Business Quotes for Ya
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