Podcasts · The Home Service Expert Podcast
Peter H Thomas (Century 21 Canada Founder) Losing $70 Million and Why He Never Panicked
· 14 min
Episode Peter H Thomas (Century 21 Canada Founder) Losing $70 Million and Why He Never Panicked
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Peter Thomas built $8 billion in real estate — then lost $70 million when his silent partner went bankrupt. At 87 years old, he's sharp, happy, and still building.
Tommy gets the real story: how Peter faced 18 creditors with nothing, negotiated every single one, and rebuilt from zero. The lesson? Your skill set and your network are the two things no collapse can ever take from you.
-- 🕐 TIMESTAMPS 🕐 --
00:00 Peter Thomas introduction
01:15 Century 21 Canada 1974
01:34 Built $8 billion
02:13 Biggest failures discussed
03:39 Living well at 87
04:31 What are your values?
04:45 Health and freedom aligned
06:05 Choose your life partner
06:19 Give everything away
07:09 Tommy grew up alone
07:40 Partner went bankrupt
07:58 Down $70 million
08:41 Skill set always survives
09:16 What was next move?
09:42 Negotiating 18 creditors
10:20 Worked all 18 deals
11:00 How to find Peter
11:29 Happiness is a choice
11:48 Tommy's life at 45
12:26 Manifesting your future
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