228 | Bob Milling | The Power of Far-Sightedness

2021-05-04

Ever wondered how successful entrepreneurs manage to ride out challenges and pivot again and again? On today’s show, we interview the incredible Bob Milling who shares with us his experience of working in the government, the power industry, and the hospitality industry. You will learn how to develop a far-sighted approach to make decisions that result in massive success in the long run. We start this show with Bob sharing his backstory. He too graduated at the height of the recession – pretty much akin to the current scenario. After grad...

Ever wondered how successful entrepreneurs manage to ride out challenges and pivot again and again?

On today’s show, we interview the incredible Bob Milling who shares with us his experience of working in the government, the power industry, and the hospitality industry. You will learn how to develop a far-sighted approach to make decisions that result in massive success in the long run.

We start this show with Bob sharing his backstory. He too graduated at the height of the recession – pretty much akin to the current scenario.

After graduation, Bob got an opportunity to work for the government where he learned how the whole bureaucratic machinery works. When Bob started working for the government, he was far more idealistic. And while all the cronyism has tempered his enthusiasm somewhat, he still believes that there’s a lot of good that gets done.

After 16 extremely fruitful years in this role, Bob decided to work as a consultant for the private sector. As a Sherpa, Bob translated the needs and requirements of the government for the private sector.

One thing led to another, and Bob got an opportunity to develop wind farms across Canada. In this segment, you will learn how Bob navigated the complexities of the power industry by negotiating long-term agreements.

He also talks about his real estate venture, Wakefield Field Hotel Mill and Spa. Bob secured $4 million to finance this 42-room luxurious hotel on the outskirts of Ottawa through a long-term lease twenty years back.

You will learn how Bob and the team at Wakefield are pivoting in the wake of covid. And why Bob thinks this is the most exciting time ever for entrepreneurs.

We wrap up this show with Bob sharing some of the biggest lessons that he has learned from his failures. He talks about the importance of honesty and why he prefers progress over perfection.

Enjoy!

What You Will Learn In This Show

What did I have to change about myself when I went from being a university student to a value creator?
Why I firmly believe in progress over perfection
How to develop a far-sighted approach as an entrepreneur
Creative financing strategies for capital intensive businesses
And so much more…

Resources

Wakefield Field Hotel Mill and Spa

Student Works

Chris Thomson LinkedIn

Chris’s Email

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