Canadian business tycoon Jim Pattison is very optimistic about the local economy. In a recent visit to Grande Prairie he said the region has a lot going for it.
“Certainly, we all will have some good years and then we get some down years. The price of oil (is an issue), currency is a big issue, the environment is a big issue, and all of these things affect things. But, I am very optimistic about this area, I think you have got so many things going for you here that you’ll be just fine,” said Pattison, the Founder, Chairman and CEO of The Jim Pattison Group.
“Nothing in life goes straight up, we’re always going to have some cycles and some setbacks but overall I don’t think there’s a better place to be in the world than in Canada, frankly. And where you are (Grande Prairie), has got a lot of good things going for it – we’re very optimistic.”
Pattison owns two radio stations in Grande Prairie; Big Country 93.1 and Q99. He also owns Save on Foods and has shares with Canfor. From media and entertainment, and food, beverage and pharmacy to automotive and agricultural equipment, it seems the Pattison name is on almost everything.
The Jim Pattison Group did $9.6 billion in sales in 2016 and had 575 locations world-wide, with 42,000 employees.
Being a man of great success, we asked Pattison what advice he would give to people starting their own business ventures.
“Follow your passion,” he said. “Usually if you like something, you become very good at it. So, I believe you should follow what you like to do and never take a job for money or title, take a job for what you like and you’ll do fine, because you’ll usually be very good at it and the money will follow you.”
The latest business The Pattison Group has dived into is agriculture, with 19 John Deere dealerships in Saskatchewan and Manitoba. Pattison said he thinks the food industry is a good business to be in, especially with the progress that’s developed in agriculture today.
“And the technology is moving in such a fast pace that the world is getting much smaller, and there’s a lot of things today involving agriculture that are very positive.”