Sam Walton

Sam Walton began in retail as a management trainee at J.C. Penny in 1940. While there, one of his managers told him he wasn’t cut out for retail. Fast forwarding a few years, Walton was operating the most successful Ben Franklin store in the entire franchise system. He then went on to found his own retail company: Wal-Mart. Today, the rebranded Walmart has outlived Walton, employs over two million employees globally, and is worth hundreds of billions of dollars. Clearly, Walton had a business framework that worked.