Friday, June 5, 2009

What a day! I was at Bud Walton this morning at 6:45a.m. for the Walmart stockholders meeting. Walmart has been known to have giant pep rallies for their meetings. Ben Stiler was the surprise host. I saw singers Miley Cyrus, Smokey Robinson, Kris Allen and even Micheal Jordon. The concession stands were open with free food. The guests are always a surprise. They show off what the company has done over the last year in a very entertaining way. Micheal talked about the way that he made sure he was a personal success, but he always made sure his team was a success also. There are over 2.2 million associates in 15 countries. This week is like a trip to Mecca for all these associates, who come to town to see where Sam started it all at the 5 and dime in Bentonville. It's still a family company, who feels their best talent is within their company. Save money, live better. Their motto. They kept talking about the Walmart culture and it was very evident at Bud Walton today. I set between two associates from North Carolina and Oklahoma. Kris Allen told the crowd that when he first got to LA he was looking around and asked someone where are your Walmarts, he said where do you get your "stuff". He said being from Arkansas I'm use to seeing two in every town. The crowd had a big laugh. I've heard the downside to Walmart and the giant. The have taken a small family business and given the world what they want, the best price. Drew was laughing and telling his classmates, I was probably the smallest stock holder there. I said don't knock Walmart, because without it your single school teaching mom couldn't afford to have you sitting at the U of A, you would be sitting in Bryant working at Walmart.

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