Doug McMillon Net Worth = $110 Million
Doug McMillon is a renowned American businessperson. He’s best known for his role as the CEO and president of Walmart Inc. Carl Douglas McMillon was born on October 17, 1966, in Memphis, Tennessee, USA.
He went to the University of Arkansas for his degree and the University of Tulsa for his MBA. Doug worked as a summer associate at Walmart while in high school. He rejoined the company as an assistant manager after completing his MBA studies. McMillon has managed to climb the ranks at Walmart to become its president and CEO in 2014.
The company has experienced tremendous international expansion under the leadership of Doug McMillon has worked for Walmart all his career life since when he joined it as a summer associate in 1984.
The successful business leader has a net worth of approximately $110 million.
Full Name | Source of Wealth | Known for | Birth Info |
|---|---|---|---|
Carl Douglas McMillon | Entrepreneur | His role as the CEO and president of Walmart Inc. | USA 1966 |
Quotes - Doug McMillon Net Worth and Key Habits
“If you want to think of a company as a system, design the system to benefit all.”
- Doug McMillon
“Whatever you've been asked to do, whatever your role is today, do it really well, deliver results, and do it with integrity.”
- Doug McMillon
“We believe in learning from other people.”
- Doug McMillon
“Getting the job you want always starts with excelling at the one you have.”
- Doug McMillon
We do not want to sell anything that offends people.
- Doug McMillon
“The future is not going to be driven exclusively by technology, but by people.”
- Doug McMillon
“We want what's best for our customers, our associates, and our communities."
- Doug McMillon
“Customer satisfaction has always been the number one goal for retailers, and in the future, customers will be more empowered than ever to drive the change they want, as they get more control over their shopping experience.”
- Doug McMillon
“If you want to copy somebody, you're going to be second at best, and always a step behind.”
- Doug McMillon
“It's really simple: If you're not meeting the wants and needs of the customer, you're done. There's not a lot of loyalty here.”
- Doug McMillon
“Sometimes, you can learn more from criticism than you can from flattery.”
- Doug McMillon
Doug McMillon Net Worth and Key Habits
Habit #1: Do Your Job Well
According to Doug McMillon, you can easily climb the career ladder and reach the peak if you do your job well. The renowned manager is on record for saying, “Whatever you've been asked to do, whatever your role is today, do it really well, deliver results, and do it with integrity.” McMillon is currently the CEO and president of Walmart because he did his job well when serving the company in other positions.
Some people fail to grow their careers because they focus on making money and becoming famous instead of doing their jobs well. That shouldn't be the case because you can't earn a promotion if you don't perform according to the expectations of your employer.
Whatever you've been asked to do, whatever your role is today, do it really well, deliver results, and do it with integrity.
Habit #2: Never Copy Other People
It’s good to learn from other people but never copy them. Doug McMillon once said, “If you want to copy somebody, you're going to be second at best, and always a step behind.” He believes that he couldn’t be where he’s if he copied other business leaders. Doug once said, “We believe in learning from other people.” However, he doesn't believe in copying other people because you can't be them.
Successful people strive to be unique in whatever they do. They learn from other successful people but they don’t imitate them. Never copy other people if you wanna build a successful brand and make a name for yourself. On the contrary, you should be creative and develop business strategies that will enable you to stand out from others.
If you want to copy somebody, you're going to be second at best, and always a step behind.
Habit #3: Don't Rely On Technology For Everything
Technology has become a key pillar for businesses in the 21st century. However, Doug McMillon believes technology alone doesn’t guarantee the success of future businesses. He’s on record for saying, “The future is not going to be driven exclusively by technology, but by people.” That’s why Doug strives to nurture future business leaders at Walmart.
You can never grow a successful business if you rely on technology for all your business activities. Customers prefer to deal with real persons that they ask questions and not machines all the time. Therefore, you should try to have a one-on-one relationship with your customers as much as you use technology.
The future is not going to be driven exclusively by technology, but by people.
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