Sam Walton Case Study

Sam Walton, the founder or Wal-mart and Sam’s Club and John Mackey, the founder of Whole Foods both fit this description. Considering the fact they are both entrepreneurs, it is there job to process original ideas and create businesses out of them. Over time, these to brilliant entrepreneurs have become iconic. Although Sam Walton is no longer with us, he made a tremendous impact on the world. From Wal-mart’s humble beginning, it has helped numerous customers from rural areas to now meeting everyone’s needs around the world. John Mackey on the other hand is still growing his company, Whole Foods. Mackey is considered one of the most influential advocates in the organic food movement. His idea has influenced other company’s and more importantly, influenced consumers to eat healthier. I will argue that both of my pioneers have developed original ideas that have positively impacted our country’s consumers as a whole.

My first pioneer, Sam Walton, passed away in 1992. He grew up during the depression and understood that hard works was simply the way of life. Through working multiple jobs at a young age, he eventually came up with his own idea for starting a business. His idea was to stock stores with a wide variety of goods marked at a low price. By lowering prices of all items and providing exceptional service, it allowed his business to make more cash through higher sales. As great of an idea this was, it was originally doubted by just about each and every competitor of his, but they were all proven wrong, as his company has grown to over 2,000 stores since 1991. “Sam Walton didn't invent retailing, just like Henry Ford didn't invent the automobile. But just as Ford's assembly line revolutionized American industry, Walton's dogged p...

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...Mackey were/are two of the most innovative pioneers of our time. Although Walton didn’t invent discounting, he was just the one to put it into action. His idea was not one that he thought of overnight, it was a combination of all his competitors’ mistakes that he studied in detail. Moreover, he was also a pioneer in his belief in employees. He believed that the workers that were interactive with the customers had the most knowledge of what the company ought to do. Same as Walton, John Mackey didn’t invent organic foods, but he created a grocery that ensured consumers of what they were purchasing. He prided himself in selling top quality organic, unprocessed foods to the public. In addition, Whole Foods set the standard of humane treatment of animals. These two men have been remarkable in their impact on society and have paved the way for up and coming entrepreneurs.