Off The Page has finished our first season and is on a short summer break with season two set for September. Please enjoy this selection of an encore presentation from our sister podcast, Today in B.C.
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The Jim Pattison Group has grown over the years to now employ more than 51,000 people. It started more than 60 years ago with a three-pump gas station and a two-car show room.
On the latest edition of Today in BC, Jim Pattison explains he worked hard as an entrepreneurial teenager.
鈥淏efore high school, I used to sell garden seeds door-to-door in the spring time, and so then I got into selling magazine subscriptions for the Saturday Evening Post and the Ladies Home Journal,鈥� he said. 鈥淭hen after that, I got a job working for the Vancouver Province, after school on the late edition.鈥�
With a $40,000 loan from the Royal Bank, Pattison was able to open a new Pontiac dealership, his first in 1961.
As his businesses flourished, Pattison was involved in a wide variety of investments, including two hockey teams in the fledgling World Hockey Association, the Vancouver Blazers and the Calgary Cowboys.
The league began in 1972 and folded in 1979.
鈥淚 think it failed because the teams really didn鈥檛 have financial sound owners,鈥� said Pattison. 鈥淭hey couldn鈥檛 last. The NHL was THE league and this was the junior league. They didn鈥檛 get the attendance and of course, to get the players, you had to have a lot of money. Other than the folks in Toronto they had money behind them, but the rest of us didn鈥檛 have much money.鈥�
Pattison Group has 30 operating divisions, including the auto, grocery, media and entertainment industries. Pattison says that the COVID-19 pandemic has affected almost everything.
鈥淭he whole distribution system and supply for manufacturing all over the country has some degree of trouble and it is a very big issue,鈥� he said. 鈥淲e鈥檙e gaining ground as far as supply is concerned, but the number one issue today is the supply to factories and then the factories to the retailers. Some industries are better than others, but the whole industry today, that at least the things we鈥檙e involved in, the trouble is supply 鈥� everything is gaining ground, but overall we still are not back to normal in most businesses.鈥�
When asked about whether he thinks about retiring, the 92-year-old replied: 鈥淚 have never thought about it. Not once. If you like what you do, why would you quit?鈥�
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