Counting Pennies: Lessons in Frugality from Wal-Mart Founder Sam Walton

Frugality is a common trait among successful businesses. Sam Walton, Wal-Mart’s founder, provides a masterclass in lean operations. Below, lessons in frugality from Wal-Mart, based on Walton’s autobiography Made in America.

A Penny Saved Is A Penny Earned

Sam Walton was a man in a hurry. Still, a penny could stop him in his tracks. Even as he topped the Forbes charts as the richest person in America, he’d bend over to pick one up. Wal-Mart’s founder couldn’t leave…