Sam and getti helen set up all future stores as their own partnerships. They give him a percentage of the profits that that individual store makes. And then even better, so all the pool of existing store managers, whenever they open up another store, sam and helen give them the opportunity to invest dollars in the new stores or partnerships. So now you're incentivized on success of the whole network. And you're incentivize to information share. And you want everybody to do better. I don't think anybody else was doing this at the appointed time. It's like an r s u type equivalent. You can't really do this in a te company, but it's scoped
We kick off Season 11 with the incredible story of the retail “granddaddy of them all” Walmart, and its founder Sam Walton. Once you study Walmart, you realize just how deep its heritage runs through Amazon and so many iconic modern companies we cover on Acquired. This episode was an absolute blast, and we even uncovered a new addendum to the hallowed “focus on what makes your beer taste better” playbook theme!
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