Subscribe
Employment Expert
No Result
View All Result
  • News
  • Career
  • Business
  • Politics
  • Insights
  • Leadership
  • Education
  • Psychology
  • Switch to…
  • News
  • Career
  • Business
  • Politics
  • Insights
  • Leadership
  • Education
  • Psychology
  • Switch to…
No Result
View All Result
Employment Expert
No Result
View All Result
Home Business

Exposing a success story: How Walmart’s CEO went from earning 6 dollars unloading trucks to making 25 million dollars a year

Stephen S. by Stephen S.
23.07.2024
in Business, Career, Companies, Insights, Leadership, News, Psychology
306
SHARES
2.3k
VIEWS
Share on FacebookShare on Twitter

Doug McMillon arrived at Walmart stores in the summer of 1984, when he was just 17 years old. In his early days, he earned $6 an hour unloading trucks that arrived with new products. Today, as CEO of the world’s largest retailer, he generates more than $25 million a year. With all his trajectory, which positions him as one of the most famous executives in the world, he provides a list of tips for advancement.

McMillon’s story is a testament to effort in reaching the top, 30 years after joining the company. As he told Stratechery, he obtained promotion after promotion by volunteering to cover for his boss when he was out of town. His figure is so prominent, that he explained to the media that many of Walmart’s 2.1 million employees send him emails asking how to emulate his success in the company.

To which, according to himself, he responded: “Volunteer to cover for your boss. One of the reasons why I had the opportunities I had was that I raised my hand when my boss was out of town and visited stores or something like that,” he detailed. The CEO added that he even told them that he would offer to “substitute for their boss in meetings, whether or not he was prepared to answer all the questions that arose.”

“Be a team player”

The 57-year-old McMillon gave two more tips for climbing the ranks of a company from bottom to top like he did : “do your job well and be a team player”.

“Don’t take your current job for granted. The next job doesn’t come if you don’t do well in the one you have. Be a great team player: you learn to lead, you learn to influence by the way you interact with your teammates,” he added. “Treat them well, help them, help them do a better job,” he stated in the interview.

In this context, McMillon concluded that over the years he became a low-risk promotion. “Then I put myself in an environment where I became a low-risk promotion because people had already seen me doing the work,” he told Stratechery

Walmart surpasses $100 billion in online sales

Walmart exceeded 100 billion dollars in global e-commerce sales in 2023. McMillon has been instrumental in enabling the supermarket giant to compete with other ecommerce heavyweights like Amazon. Thus, the company is increasingly where it always wanted to be: “an omnichannel retailer that leverages its stores to differentiate its offering from conventional ecommerce,” Stratechery states

Tags: BusinessCareerEntrepreneurshipLeadership PsychologyWalmartWorkers
Previous Post

Learn why media literacy is crucial for brands and entrepreneurs

Next Post

Increase Company Profits with Passion Projects

Employment Expert

© 2023 Employment Expert - Your Success Is Here.

Navigate Site

  • About us
  • Terms and Conditions
  • Privacy Policy

Follow Us

No Result
View All Result
  • News
  • Career
  • Business
  • Politics
  • Insights
  • Leadership
  • Education
  • Psychology
  • Switch to…

© 2023 Employment Expert - Your Success Is Here.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.