Exclusive: In this nine.com.au series, we’ll be talking to some of Australia’s smartest and sharpest entrepreneurs, founders and CEOs to find out what makes them tick – and what advice they’d have for anyone starting out.
Bunnings managing director Michael Schneider originally wanted to be a marine biologist, but the university fees were too high and a scholarship was out of reach.
Then he considered being a school teacher but that didn’t suit him either, so he picked up a job in retail – and pretty much never looked back.
Now he’s the top boss at one of Australia’s most popular brands, with Bunnings raking in $18.97 billion in revenue in 2024 alone.
These are his secrets to success.
How do you start the day to set yourself up for success?
Retailers tend to be morning people – trading performance, inventory availability and the like tend to form our habits early.
When I’m travelling, early starts are also good for exploring a city or taking in some exercise.
At home, it varies depending on the day.
Sometimes an early workout is great and occasionally a bit more sleep before coffee and a light breakfast can work a treat.
What are three daily habits you always stick to?
Every day can look different for me, whether it’s heading out to stores to hear from our team or looking at an exciting new product to roll out for our customers.
No matter what I’m doing, three daily habits I stick to are:
- Keep moving – avoid sitting, walking meetings are a great way to stay present and keep active.
- Get back to people quickly – it’s polite, professional and keeps you engaged with team, customers and suppliers.
- Find time for a laugh – life is short, make every day count.
Lots of Aussies are looking for a career change. What small action can help them get ahead of other candidates?
I’m someone who has made many pivots over the course of my career.
From starting on the shop floor at Target, to studying teaching, working in financial services and then finding my way back to retail, each role has helped shape me as a teammate and leader.
My best career advice would be to take every opportunity to learn and grow, even if it means stepping outside of your comfort zone.
Be proactive in asking questions, seeking feedback and don’t be afraid to put your hand up for new roles or projects.
Sometimes just being curious and taking the smallest step can lead to the biggest change.
What financial myth did you previously believe that you wish you never bought into?
For many of us starting out in our careers, there’s the idea that financial success is about climbing the ladder quickly.
Over time, I’ve learned that resilience and consistency matter more.
Don’t buy into the myth that there’s a shortcut; steady progress and staying true to your values are what really counts.
Surprise entrant to top 10 most trusted brands in Australia
What do you wish you could tell your 20-year-old self?
I’d tell myself to not worry too much about the future as it will all work out.
Every experience, good and bad, shapes who you become as a leader.
Be open to new opportunities and ideas, and build strong relationships and trust with others which will serve you well throughout your career.
