Mydin’s unwavering family support

FAMILY support has always been key to Mydin Mohamed Holdings managing director Datuk Ameer Ali Mydin’s 54-year-old retail business.
Source: The Malay Mail - 01 June 2011

 

BLOOD IS THICKER THAN WATER: Ameer(left) and executive director Ahimmat Mydin at the Subang Angsana MyMydin outlet –Pic: SHAHIR OMAR

 

FAMILY support has always been key to Mydin Mohamed Holdings managing director Datuk Ameer Ali Mydin’s 54-year-old retail business. It was an important value his father, Mydin Mohamed, had taught him and his siblings. Mydin had valued family as being equally important as his business, setting the foundation for his way of life.

"At the end of the day, we require family support because we spend long hours in retail, whether in offices, outlets, overseas or at home. Retail is detail," Ameer told The Malay Mail. As one grows older, he said there was a tendency to look for balance in life, where health and took equal footing and quality time with the family became more important.

"Family support does not only come from my brothers and sisters but also their spouses and children, who all help in one way or another. We hope they will eventually become the pillars of Mydin," said the second son of the store founder.

Ameer, who has two children, said Mydin had a policy where the founder and descendants were not allowed to join the company for the first five years after the graduated. "They have to earn their own keep and go through the hard way of learning how to work with people. When you&, re not the boss, you learn to have humility. It teaches you to understand the value of money." Today, Mydin employs 7,500 people. "I suppose everybody who is young doesn’t really want to work with their fathers but time will tell," said Ameer.

He graduated with a Bachelor’s degree in Chemistry from Western Michigan University and a Masters degree in International Business from the Sonoma State University After his studies, he returned to Malaysia and worked in merchant bank of eight years before taking on the family’s business.