Second Wealthiest Woman on Earth Alice Walton Quotes

Find the ultimate collection of quotes by second wealthiest woman on earth Alice Walton who is known as daughter of Wal-Mart founder Sam Walton.

Alice Walton Popular Quotes

  • Do it. Try it. Fix it.
  • To succeed in this world, you have to change all the time.
  • High expectations are the key to everything.
  • Expenses should never exceed one percent of our purchases.
  • Most everything I’ve done I’ve copied from somebody else.
  • Take the best out of everything and adapt it to your needs.
  • When all else fails, put on a costume and sing a silly song.
  • I was asked what I thought about the recession. I thought about it and decided not to take part.
  • Control your expenses better than your competition. This is where you can always find the competitive advantage.

Alice Walton Quotes on Business

  • Leaders must always put their people before themselves. If you do that, your business will take care of itself.
  • Commit to your business. Believe in it more than anybody else.
  • Individuals don’t win in business, teams do.
  • Appreciate everything your associates do for the business.
  • If you want a successful business, your people must feel that you are working for them – not that they are working for you.
  • You can make a lot of mistakes and still recover if you run an efficient operation. Or you can be brilliant and still go out of business if you’re too inefficient.
  • There’s a lot more business out there in small town America than I ever dreamed of.
  • I not only knew I wanted to go into retailing, I also knew I wanted to go into business for myself.

Alice Walton Quotes on Customers

  • Lose your smile and lose your customers.
  • If you don’t listen to your customers, someone else will.
  • There is only one boss. The customer. And he can fire everybody in the company from the chairman on down, simply by spending his money somewhere else.
  • If one of our customers comes into the store without a smile, I’ll give them one of mine.
  • Exceed your customer’s expectations. If you do, they’ll come back over and over. Give them what they want – and a little more.
  • The way management treats their associates is exactly how the associates will then treat the customers.
  • The secret of successful retailing is to give your customers what they want. And really, if you think about it from the point of view of the customer, you want everything: a wide assortment of good quality merchandise; the lowest possible prices; guaranteed satisfaction with what you buy; friendly, knowledgeable service; convenient hours; free parking; a pleasant shopping experience.
  • I had confidence that as long as we did our work well and were good to our customers, there would be no limit to us.
  • The secret of successful retailing is to give your customers what they want
  • Job security lasts only as long as the customer is satisfied. Nobody owes anybody else a living.
  • Focus on something the customer wants, and then deliver it.
  • Each Wal-Mart store should reflect the values of its customers and support the vision they hold for their community.
  • There is only one boss. The customer…

Alice Walton Quotes on Success

  • Celebrate your successes. Find some humor in your failures.
  • I pay low wages. I can take advantage of that. We’re going to be successful, but the basis is a very low-wage, low-benefit model of employment.
  • The key to success is to get out into the store and listen to what the associates have to say. It’s terribly important for everyone to get involved. Our best ideas come from clerks and stockboys.
  • 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.
  • “Somehow over the years people have gotten the impression that Wal-Mart was…just this great idea that turned into an overnight success. But…it was an outgrowth of everything we’d been doing since [1945]…And like most overnight successes, it was about twenty years in the making.”
  • I think my constant fiddling and meddling with the status quo may have been one of my biggest contributions to the later success of Wal-Mart.

Alice Walton Quotes on Wal Mart

  • It’s just paper – all I own is a pickup truck and a little Wal-Mart stock.
  • After a lifetime of swimming upstream, I am convinced that one of the real secrets to Wal-mart’s phenomenal success has been that very tendency.
  • The two most important words I ever wrote were on that first Wal-Mart sign, ‘Satisfaction Guaranteed’. They’re still up there, and they have made all the difference.

Alice Walton Quotes on Wisdom

  • Swim upstream. Go the other way. Ignore the conventional wisdom.
  • 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.
  • 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.

Alice Walton Quotes on Goals

  • I believe in always having goals, and always setting them high.
  • Money and ownership alone aren’t enough. Set high goals, encourage competition, and then keep score.
  • The goal as a company is to have customer service that is not just the best, but legendary.

Alice Walton Famous Quotes

  • I’ve owned about 18 airplanes over the years, and I’ve never bought one of them new.
  • You can learn from everybody.
  • Capital isn’t scarce; vision is.
  • We’re all working together; that’s the secret.
  • …You can make a positive out of most any negative if you work at it hard enough.
  • I guess in all my years, what I heard more than anything else was: a mere town cannot support a discount store for very long.
  • Loosen up, and everybody around you will loosen up.
  • We let folks know we’re interested in them and that they’re vital to us. cause they are.
  • I’ve always been driven to buck the system.
  • I had to get up everyday with my mind set on improving something.
  • Capital isn’t hard to find; intuition, yes.
  • It is unhealthy to marinate in your own press clippings.
  • Curiosity doesn’t kill the cat; it kills the competition.
  • One thing my and mother and dad shared completely was their approach to money – they just didn’t spend it.
  • The job of senior management is to cultivate an environment where store managers can learn from the market and from each other.
  • I loved retail from the beginning, and I still love it today.

Alice Walton Quotes on Life

  • There are only four things in life that matter. The first is happiness and I’ll sell you the other three for a dollar.
  • If I had to single out one element in my life that has made a difference for me, it would be a passion to compete.
  • All that hullabaloo about somebody’s net worth is just stupid, and it’s made my life a lot more complex and difficult,

Alice Walton Top Quotes

  • Nothing else can quite substitute for a few well-chosen, well-timed, sincere words of praise. They’re absolutely free and worth a fortune
  • Communicate everything you can to your associates. The more they know, the more they care. Once they care, there is no stopping them.
  • Great ideas come from everywhere if you just listen and look for them. You never know who’s going to have a great idea.
  • Outstanding leaders go out of their way to boost the self-esteem of their personnel. If people believe in themselves, it’s amazing what they can accomplish.
  • There’s absolutely no limit to what plain, ordinary, working people can accomplish if they’re given the opportunity and encouragement to do their best.
  • Don’t get so stuck in your ways that you can’t change.
  • If you love your work, you’ll be out there every day trying to do it the best you possibly can, and pretty soon everybody around will catch the passion from you – like a fever.
  • It was almost as if I had a right to win. Thinking like that often seems to turn into sort of a self-fulfilling prophecy.
  • Keep everybody guessing as to what your next trick is going to be. Don’t become too predictable.
  • 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.
  • I had to pick myself up and get on with it, do it all over again, only even better this time.
  • Some families sell their stocks off a little bit at a time to live high, and then – boom – somebody takes them over, and it all goes down the drain.
  • Our best ideas come from clerks and stockboys.
  • A computer can tell you down to the dime what you’ve sold, but it can never tell you how much you could have sold.
  • You can’t just keep doing what works one time, everything around you is changing. To succeed, stay out in front of change.
  • Information is power, and the gain you get from empowering your associates more than offsets the risk of informing your competitor.
  • I’d hate to see any descendants of mine fall into the category of what I’d call ‘idle rich’ – a group I’ve never had much use for.
  • I have always been driven to buck the system, to innovate, to take things beyond where they’ve been.
  • I’d still say that visiting the stores and listening to our folks was one of the most valuable uses of my time as an executive. But really, our best ideas usually do come from the folks in the stores. Period.
  • I think I overcame every single one of my personal shortcomings by the sheer passion I brought to my work. I don’t know if you’re born with this kind of passion, or if you can learn it. But I do know you need it.
  • 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.
  • 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