Stars And CEOs Who Didn’t Succeed Until 45+

Sam Walton

Samuel Moore “Sam” Walton is known as an entrepreneur who founded the retailers Walmart and Sam’s Club. The first Wal-Mart opened in 1962, in Rogers, Arkansas and it was called the Wal-Mart Discount City store. His determined effort to market American-made products included the effort to find American manufacturers who could supply merchandise for the entire Wal-Mart chain at a price low enough to meet the foreign competition (which American’s know isn’t an easy feat!).

Sam Walton didn’t launch Wal-Mart stores until later in life. He had a fairly successful retail-management career in his 20s and 30s, but his path to astronomical success began at age 44. He realized the secret to success was buying in volume and efficient delivery permitted the sale of discounted name brand merchandise. Thus, sustained growth was achieved.