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    02 Activity 1 ENTREP

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    Danielle Canlubo
    Samuel Walton founded Walmart and Sam's Club, growing them into the world's largest retailer and private employer through low prices and loyalty. By his death in 1992, Walmart had over 1,700 stores, 200 Sam's Clubs, and 380,000 employees with $50 billion in annual sales. His heirs became extremely wealthy. Andrew Carnegie became one of the richest men in the late 19th century by building a steel empire. After retiring, he gave away much of his fortune through the Carnegie Corporation to support causes like education and dismantling nuclear weapons. Bill Gates co-founded Microsoft, now the world's largest software company. Despite dropping out of Harvard, he became extremely wealthy but focuses the

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    02 Activity 1 ENTREP

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    Danielle Canlubo
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    Samuel Walton founded Walmart and Sam's Club, growing them into the world's largest retailer and private employer through low prices and loyalty. By his death in 1992, Walmart had over 1,700 stores, 200 Sam's Clubs, and 380,000 employees with $50 billion in annual sales. His heirs became extremely wealthy. Andrew Carnegie became one of the richest men in the late 19th century by building a steel empire. After retiring, he gave away much of his fortune through the Carnegie Corporation to support causes like education and dismantling nuclear weapons. Bill Gates co-founded Microsoft, now the world's largest software company. Despite dropping out of Harvard, he became extremely wealthy but focuses the

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    Samuel Walton founded Walmart and Sam's Club, growing them into the world's largest retailer and private employer through low prices and loyalty. By his death in 1992, Walmart had over 1,700 stores, 200 Sam's Clubs, and 380,000 employees with $50 billion in annual sales. His heirs became extremely wealthy. Andrew Carnegie became one of the richest men in the late 19th century by building a steel empire. After retiring, he gave away much of his fortune through the Carnegie Corporation to support causes like education and dismantling nuclear weapons. Bill Gates co-founded Microsoft, now the world's largest software company. Despite dropping out of Harvard, he became extremely wealthy but focuses the

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    © All Rights Reserved
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    Download as docx, pdf, or txt
    26 views3 pages

    02 Activity 1 ENTREP

    Uploaded by

    Danielle Canlubo
    Samuel Walton founded Walmart and Sam's Club, growing them into the world's largest retailer and private employer through low prices and loyalty. By his death in 1992, Walmart had over 1,700 stores, 200 Sam's Clubs, and 380,000 employees with $50 billion in annual sales. His heirs became extremely wealthy. Andrew Carnegie became one of the richest men in the late 19th century by building a steel empire. After retiring, he gave away much of his fortune through the Carnegie Corporation to support causes like education and dismantling nuclear weapons. Bill Gates co-founded Microsoft, now the world's largest software company. Despite dropping out of Harvard, he became extremely wealthy but focuses the

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    Danielle Canlubo

    BSTM501A

    SAM WALTON

    Samuel Moore Walton (March 29, 1918 – April 5, 1992) was an American businessman and
    entrepreneur best known for founding the retailers Walmart and Sam's Club. Wal-Mart Stores Inc. grew
    to be the world's largest corporation by revenue as well as the biggest private employer in the world.
    Walton kept prices and salaries low but nevertheless inspired company loyalty in employees, who
    retired with comfortable pensions as a result of his profit-sharing plan. He stepped down as chief
    executive officer in 1988 but remained company chairman. By the time of his death in 1992, his
    company had established 1,735 Wal-Marts, 212 Sam’s Clubs, and 13 Supercenters with a total of
    380,000 employees and annual sales of almost $50 billion. In the ensuing years, Walmart continued to
    grow, and in the early 21st century it was one of the largest corporations in the world.
    Walton’s heirs were among the wealthiest individuals in the United States.

    There are five key leadership qualities that Sam Walton possesses which are self-confidence,
    integrity, determination, intelligence, and sociability. His strong leadership capability was the essential
    component that drove Wal-Mart into becoming a successful corporation. Sam Walton had many
    characteristics that made up a strong leader. The main characteristic that made Sam Walton successful
    in business were trait approach, style approach, skills approach, situational approach, and leader-
    member exchange theory. There are numerous characteristics that Sam Walton showed through his
    career, but the most important characteristics for him was the Trait Approach.
    ANDREW CARNEGIE

    Andrew Carnegie (1835–1919) was among the wealthiest and most famous industrialists of his
    day. Through Carnegie Corporation of New York, the innovative philanthropic foundation he established
    in 1911, his fortune has since supported everything from the discovery of insulin and the dismantling of
    nuclear weapons, to the creation of Pell Grants and Sesame Street. The work of the Corporation and its
    grantees has helped shape public discourse and policy for more than one hundred years. Millions of
    people have benefited from Carnegie’s foresighted generosity — a legacy of real and permanent good.
    We invite you to learn more about this remarkable man’s life through an interactive timeline, historical
    documents, photographs, audio, and more. Carnegie co-founded his first steel company in the early
    1870s in the Pittsburgh area. He built a steel empire over the following few decades by owning the
    plants, raw materials, and transportation networks necessary to make steel, maximizing revenues and
    minimizing inefficiencies. One of the richest and most well-known industrialists of his era was Andrew
    Carnegie (1835–1919).

    His riches has since sponsored a variety of endeavors through Carnegie Corporation of New
    York, the creative charitable institution he founded in 1911. These include the development of Sesame
    Street and Pell Grants in addition to the discovery of insulin and the elimination of nuclear weapons. The
    work of the Corporation and its grantees has helped shape public discourse and policy for more than
    one hundred years. Millions of people have benefited from Carnegie’s foresighted generosity a legacy of
    real and permanent good. We invite you to learn more about this remarkable man’s life through an
    interactive timeline, historical documents, photographs, audio, and more. Carnegie was a firm believer
    in using his wealth for charitable purposes and doing more than just producing money. I intend to take
    an income not to exceed $50,000 annually," he stated. Beyond this, I don't need to work a day in my life
    and I won't try to make more money; I'll just give away the extra money every year.
    BILL GATES

    Gates co-founded Microsoft, the world's biggest software maker. The Redmond, Washington-
    based company had revenue of $168 billion in 2021. The rest of his fortune is managed through closely
    held Cascade Investment, which has stakes in dozens of publicly traded companies, including Canadian
    National Railway, Deere and Ecolab. The demonstration was held at MITS's offices in Albuquerque, New
    Mexico; it was a success and resulted in a deal with MITS to distribute the interpreter as  Altair BASIC.
    MITS hired Allen, and Gates took a leave of absence from Harvard to work with him at MITS in
    November 1975. Allen named their partnership "Micro-Soft", a combination of "microcomputer" and
    "software", and their first office was in Albuquerque. The first employee Gates and Allen hired was their
    high school collaborator. They dropped the hyphen within a year and officially registered the trade
    name "Microsoft" with the Secretary of the State of New Mexico on November 26, 1976.

     Gates never returned to Harvard to complete his studies. In this screen grab, Bill Gates is heard
    speaking on June 24, 2020, in Washington, D.C., at All In WA: A Concert For COVID-19 Relief. His lofty
    objective for the year 2022 is to ensure that "Covid-19 is the final pandemic." Despite his dislike of New
    Year's resolutions, Bill Gates still has big objectives for 2022 and beyond. The Bill & Melinda Gates
    Foundation strives to assist all people in leading healthy, fulfilling lives. It is motivated by the idea that
    every person has equal value. It focuses on enhancing people's health and offering them the
    possibility to escape hunger and abject poverty in developing nations.

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