Real Estate and Construction
Bob Dhillon Mainstreet Equity Corp. Calgary | TSX:MEQ
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ince 2000, Mainstreet Equity Corporation has grown its portfolio from 272 units with approximately $17 million in market value, to 9,159 units (YTD) with approximately $1.3 billion in market value. The Founder and largest shareholder, Bob Dhillon, started his career in his teens and continued to evolve the size and scope of his investments while earning an MBA. Today, Dhillon is involved in several ventures including overseas property development. What makes you stand out from others? Taking risks while being innovative and creative, and swimming upstream. How are you reshaping the world? I am using my intellectual capital, as well as lessons I learn being on the Canada Mortgage and Housing Corporation board, to help teach the world how to provide affordable housing in emerging markets.
What’s your legacy? “To be the world’s best capital allocator in real estate. “
To what do you attribute your success? Never giving up, working hard, taking big chances and educating myself at every possible opportunity. What funding methods have you used over the years? Internal cash flow from my business, as well as flipping and reselling real estate. Also the capital, debt and mortgage banking markets. Where do you want to be in the next 10 years? I would like to teach the world about being an entrepreneur and all the skills I have learned in real estate, and to mentor all those who want to learn. How do you define success? Internal happiness, freedom, the ability to give and the ability to do whatever you want to do whenever you want to.
The best advice I have for entrepreneurs is to always take advice from people who have achieved some level of success. Generally speaking, people taking advice from relatives and friends are people who are not successful.
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EY Entrepreneur Of The Year 2015